ENBE.TO vs. HHIC.TO

Last updated Jul 25, 2026

ENBE.TO (Harvest Enbridge Enhanced High Income Shares ETF) and HHIC.TO (Harvest Canadian High Income Shares ETF) are both exchange-traded funds - ENBE.TO is a Derivative Income fund actively managed by Harvest, while HHIC.TO is a Canada Equities fund actively managed by Harvest. Both are actively managed. At a 0.09 correlation, their price movements are largely independent. Both charge a 0.40% expense ratio.

Performance

ENBE.TO vs. HHIC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Enbridge Enhanced High Income Shares ETF (ENBE.TO) and Harvest Canadian High Income Shares ETF (HHIC.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ENBE.TO achieves a 27.08% return, which is significantly higher than HHIC.TO's 11.71% return.

ENBE.TO

• 1D: 0.87%
• 1M: 2.73%
• 6M: 26.22%
• YTD: 27.08%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

HHIC.TO

• 1D: 1.24%
• 1M: -0.15%
• 6M: 3.97%
• YTD: 11.71%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ENBE.TO Harvest Enbridge Enhanced High Income Shares ETF	CA$97.44K	CA$77.42K	CA$75.28K
HHIC.TO Harvest Canadian High Income Shares ETF	CA$1.31M	CA$1.41M	CA$1.64M

ENBE.TO vs. HHIC.TO - Yearly Performance Comparison

	2026 (YTD)	2025
ENBE.TO Harvest Enbridge Enhanced High Income Shares ETF	27.08%	-0.98%
HHIC.TO Harvest Canadian High Income Shares ETF	11.71%	16.60%

Correlation

The correlation between ENBE.TO and HHIC.TO is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 21, 2025	0.09

Return for Risk

ENBE.TO vs. HHIC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harvest Enbridge Enhanced High Income Shares ETF (ENBE.TO) and Harvest Canadian High Income Shares ETF (HHIC.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

ENBE.TO vs. HHIC.TO - Drawdown Comparison

The maximum ENBE.TO drawdown since its inception was -11.28%, which is greater than HHIC.TO's maximum drawdown of -7.30%. Use the drawdown chart below to compare losses from any high point for ENBE.TO and HHIC.TO.

Drawdown Indicators

	ENBE.TO	HHIC.TO	Difference
Max Drawdown Largest peak-to-trough decline	-11.28%	-7.30%	-3.98%
Current Drawdown Current decline from peak	0.00%	-2.63%	+2.63%
Average Drawdown Average peak-to-trough decline	-3.12%	-1.68%	-1.44%

Volatility

Volatility by Period

	ENBE.TO	HHIC.TO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	18.24%	16.34%	+1.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.24%	16.34%	+1.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.24%	16.34%	+1.90%

ENBE.TO vs. HHIC.TO - Expense Ratio Comparison

Both ENBE.TO and HHIC.TO have an expense ratio of 0.40%.

Dividends

ENBE.TO vs. HHIC.TO - Dividend Comparison

ENBE.TO's dividend yield for the trailing twelve months is around 9.34%, less than HHIC.TO's 12.69% yield.

Position	TTM	2025
ENBE.TO Harvest Enbridge Enhanced High Income Shares ETF	9.34%	4.47%
HHIC.TO Harvest Canadian High Income Shares ETF	12.69%	4.77%

Frequently Asked Questions

Can I hold both ENBE.TO and HHIC.TO in my portfolio?

ENBE.TO and HHIC.TO have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ENBE.TO or HHIC.TO?

Both ETFs have the same 0.40% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ENBE.TO or HHIC.TO?

ENBE.TO and HHIC.TO have the same expense ratio: 0.40% per year.

What is the main difference between ENBE.TO and HHIC.TO?

ENBE.TO is categorized as Derivative Income, while HHIC.TO is Canada Equities.