EQLI.TO vs. EASY.TO

Last updated Jun 4, 2026

EQLI.TO (Invesco S&P 500 Equal Weight Income Advantage ETF) and EASY.TO (Evolve All-in-One UltraYield ETF) are both exchange-traded funds - EQLI.TO is a S&P 500 fund tracking the S&P 500 Equal Weight Index, while EASY.TO is a Derivative Income fund actively managed by Evolve. EQLI.TO is passively managed, while EASY.TO is actively managed. A 0.56 correlation means they provide meaningful diversification when combined.

Performance

EQLI.TO vs. EASY.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Invesco S&P 500 Equal Weight Income Advantage ETF (EQLI.TO) and Evolve All-in-One UltraYield ETF (EASY.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EQLI.TO

• 1D: 0.05%
• 1M: 5.38%
• YTD: 9.23%
• 6M: 8.05%
• 1Y: 19.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

EASY.TO

• 1D: -1.73%
• 1M: 2.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EQLI.TO vs. EASY.TO - Yearly Performance Comparison

	2026 (YTD)
EQLI.TO Invesco S&P 500 Equal Weight Income Advantage ETF	8.76%
EASY.TO Evolve All-in-One UltraYield ETF	5.64%

Correlation

The correlation between EQLI.TO and EASY.TO is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 13, 2026	0.56

Return for Risk

EQLI.TO vs. EASY.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EQLI.TO

EQLI.TO Risk / Return Rank: 68
EQLI.TO Sharpe Ratio Rank: 65
EQLI.TO Sortino Ratio Rank: 68
EQLI.TO Omega Ratio Rank: 63
EQLI.TO Calmar Ratio Rank: 72
EQLI.TO Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EQLI.TO vs. EASY.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Equal Weight Income Advantage ETF (EQLI.TO) and Evolve All-in-One UltraYield ETF (EASY.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.

	EQLI.TO	EASY.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.15	—	—
Sortino ratio: Return per unit of downside risk	3.13	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	3.56	—	—
Martin ratio: Return relative to average drawdown	13.79	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EQLI.TO	EASY.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.15	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.09	1.25	-0.16

Drawdowns

EQLI.TO vs. EASY.TO - Drawdown Comparison

The maximum EQLI.TO drawdown since its inception was -15.57%, which is greater than EASY.TO's maximum drawdown of -8.20%. Use the drawdown chart below to compare losses from any high point for EQLI.TO and EASY.TO.

Drawdown Indicators

	EQLI.TO	EASY.TO	Difference
Max Drawdown Largest peak-to-trough decline	-15.57%	-8.20%	-7.37%
Max Drawdown (1Y) Largest decline over 1 year	-5.45%	—	—
Current Drawdown Current decline from peak	0.00%	-3.94%	+3.94%
Average Drawdown Average peak-to-trough decline	-2.45%	-1.99%	-0.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.41%	—	—

Volatility

Volatility by Period

	EQLI.TO	EASY.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.88%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.82%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.08%	22.21%	-13.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.11%	22.21%	-10.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.11%	22.21%	-10.10%

Dividends

EQLI.TO vs. EASY.TO - Dividend Comparison

EQLI.TO's dividend yield for the trailing twelve months is around 8.29%, more than EASY.TO's 6.35% yield.

Position	TTM	2025	2024
EASY.TO Evolve All-in-One UltraYield ETF	6.35%	0.00%	0.00%
EQLI.TO Invesco S&P 500 Equal Weight Income Advantage ETF	8.29%	8.74%	3.00%

Frequently Asked Questions

Can I hold both EQLI.TO and EASY.TO in my portfolio?

EQLI.TO and EASY.TO have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between EQLI.TO and EASY.TO?

EQLI.TO is categorized as S&P 500, while EASY.TO is Derivative Income. They also come from different issuers: Invesco and Evolve.