FEAT vs. CNQE.TO

Last updated Jun 4, 2026

FEAT (YieldMax Dorsey Wright Featured 5 Income ETF) and CNQE.TO (Harvest CNQ Enhanced High Income Shares ETF) are both Derivative Income funds. FEAT is passively managed, while CNQE.TO is actively managed. At a correlation of -0.05, they often move in opposite directions. FEAT charges 1.28%/yr vs 0.40%/yr for CNQE.TO.

Performance

FEAT vs. CNQE.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Dorsey Wright Featured 5 Income ETF (FEAT) and Harvest CNQ Enhanced High Income Shares ETF (CNQE.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

FEAT is traded in USD, while CNQE.TO is traded in CAD. To make them comparable, the CNQE.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, FEAT achieves a -6.90% return, which is significantly lower than CNQE.TO's 37.63% return.

FEAT

• 1D: -1.95%
• 1M: -1.13%
• YTD: -6.90%
• 6M: -9.68%
• 1Y: -8.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CNQE.TO

• 1D: 1.42%
• 1M: 1.24%
• YTD: 37.63%
• 6M: 37.69%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FEAT vs. CNQE.TO - Yearly Performance Comparison

	2026 (YTD)	2025
FEAT YieldMax Dorsey Wright Featured 5 Income ETF	-6.90%	-5.16%
CNQE.TO Harvest CNQ Enhanced High Income Shares ETF	37.63%	15.34%

Correlation

The correlation between FEAT and CNQE.TO is -0.05, 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 22, 2025	-0.05

Return for Risk

FEAT vs. CNQE.TO — Risk / Return Rank

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

FEAT

FEAT Risk / Return Rank: 6
FEAT Sharpe Ratio Rank: 6
FEAT Sortino Ratio Rank: 6
FEAT Omega Ratio Rank: 6
FEAT Calmar Ratio Rank: 6
FEAT Martin Ratio Rank: 6

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.

FEAT vs. CNQE.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Dorsey Wright Featured 5 Income ETF (FEAT) and Harvest CNQ Enhanced High Income Shares ETF (CNQE.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.

	FEAT	CNQE.TO	Difference
Sharpe ratio: Return per unit of total volatility	-0.31	—	—
Sortino ratio: Return per unit of downside risk	-0.24	—	—
Omega ratio: Gain probability vs. loss probability	0.97	—	—
Calmar ratio: Return relative to maximum drawdown	-0.28	—	—
Martin ratio: Return relative to average drawdown	-0.56	—	—
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

	FEAT	CNQE.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.31	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.45	2.49	-2.93

Drawdowns

FEAT vs. CNQE.TO - Drawdown Comparison

The maximum FEAT drawdown since its inception was -31.68%, which is greater than CNQE.TO's maximum drawdown of -17.10%. Use the drawdown chart below to compare losses from any high point for FEAT and CNQE.TO.

Drawdown Indicators

	FEAT	CNQE.TO	Difference
Max Drawdown Largest peak-to-trough decline	-31.68%	-17.10%	-14.58%
Max Drawdown (1Y) Largest decline over 1 year	-31.68%	—	—
Current Drawdown Current decline from peak	-20.14%	-6.23%	-13.91%
Average Drawdown Average peak-to-trough decline	-13.20%	-3.94%	-9.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.65%	—	—

Volatility

Volatility by Period

	FEAT	CNQE.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.90%	—	—
Volatility (6M) Calculated over the trailing 6-month period	19.55%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	27.94%	33.17%	-5.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.33%	33.17%	-2.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.33%	33.17%	-2.84%

FEAT vs. CNQE.TO - Expense Ratio Comparison

FEAT has a 1.28% expense ratio, which is higher than CNQE.TO's 0.40% expense ratio.

Dividends

FEAT vs. CNQE.TO - Dividend Comparison

FEAT's dividend yield for the trailing twelve months is around 89.83%, more than CNQE.TO's 9.40% yield.

Position	TTM	2025
CNQE.TO Harvest CNQ Enhanced High Income Shares ETF	9.40%	4.42%
FEAT YieldMax Dorsey Wright Featured 5 Income ETF	89.83%	76.35%

Frequently Asked Questions

Can I hold both FEAT and CNQE.TO in my portfolio?

FEAT and CNQE.TO have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FEAT or CNQE.TO?

On fees, CNQE.TO is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FEAT or CNQE.TO?

CNQE.TO is cheaper with a 0.40% expense ratio, compared with 1.28% for FEAT.

What is the main difference between FEAT and CNQE.TO?

They also come from different issuers: YieldMax and Harvest. Their fees differ too: 1.28% for FEAT and 0.40% for CNQE.TO.