FEAT vs. HPYM.TO

Last updated Jun 4, 2026

FEAT (YieldMax Dorsey Wright Featured 5 Income ETF) and HPYM.TO (Harvest Premium Yield 7-10 Year Treasury ETF - Class A Units) are both exchange-traded funds - FEAT is a Derivative Income fund tracking the Nasdaq Dorsey Wright Tactical Option Income Strategy Index, while HPYM.TO is a Government Bonds fund actively managed by Harvest. FEAT is passively managed, while HPYM.TO is actively managed. Over the past year, FEAT returned -8.68% vs 1.47% for HPYM.TO. At a 0.10 correlation, their price movements are largely independent. FEAT charges 1.28%/yr vs 0.45%/yr for HPYM.TO.

Performance

FEAT vs. HPYM.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 Premium Yield 7-10 Year Treasury ETF - Class A Units (HPYM.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

FEAT is traded in USD, while HPYM.TO is traded in CAD. To make them comparable, the HPYM.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 HPYM.TO's -2.48% return.

FEAT

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

HPYM.TO

• 1D: -0.60%
• 1M: -2.09%
• YTD: -2.48%
• 6M: -1.33%
• 1Y: 1.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FEAT vs. HPYM.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FEAT YieldMax Dorsey Wright Featured 5 Income ETF	-6.90%	-4.21%	-9.09%
HPYM.TO Harvest Premium Yield 7-10 Year Treasury ETF - Class A Units	-2.48%	11.83%	-1.58%

Correlation

The correlation between FEAT and HPYM.TO is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (All Time) Calculated using the full available price history since Dec 18, 2024	0.10

Return for Risk

FEAT vs. HPYM.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

HPYM.TO

HPYM.TO Risk / Return Rank: 19
HPYM.TO Sharpe Ratio Rank: 19
HPYM.TO Sortino Ratio Rank: 19
HPYM.TO Omega Ratio Rank: 18
HPYM.TO Calmar Ratio Rank: 18
HPYM.TO Martin Ratio Rank: 19

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. HPYM.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 Premium Yield 7-10 Year Treasury ETF - Class A Units (HPYM.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	HPYM.TO	Difference
Sharpe ratio: Return per unit of total volatility	-0.31	0.21	-0.53
Sortino ratio: Return per unit of downside risk	-0.24	0.36	-0.60
Omega ratio: Gain probability vs. loss probability	0.97	1.04	-0.07
Calmar ratio: Return relative to maximum drawdown	-0.28	0.30	-0.57
Martin ratio: Return relative to average drawdown	-0.56	0.81	-1.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FEAT vs. HPYM.TO - Sharpe Ratio Comparison

The current FEAT Sharpe Ratio is -0.31, which is lower than the HPYM.TO Sharpe Ratio of 0.21. The chart below compares the historical Sharpe Ratios of FEAT and HPYM.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FEAT	HPYM.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.31	0.21	-0.53
Sharpe Ratio (All Time) Calculated using the full available price history	-0.45	0.10	-0.55

Drawdowns

FEAT vs. HPYM.TO - Drawdown Comparison

The maximum FEAT drawdown since its inception was -31.68%, which is greater than HPYM.TO's maximum drawdown of -12.28%. Use the drawdown chart below to compare losses from any high point for FEAT and HPYM.TO.

Drawdown Indicators

	FEAT	HPYM.TO	Difference
Max Drawdown Largest peak-to-trough decline	-31.68%	-12.28%	-19.40%
Max Drawdown (1Y) Largest decline over 1 year	-31.68%	-4.96%	-26.72%
Current Drawdown Current decline from peak	-20.14%	-4.45%	-15.69%
Average Drawdown Average peak-to-trough decline	-13.20%	-3.92%	-9.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.65%	1.82%	+13.83%

Volatility

FEAT vs. HPYM.TO - Volatility Comparison

YieldMax Dorsey Wright Featured 5 Income ETF (FEAT) has a higher volatility of 6.90% compared to Harvest Premium Yield 7-10 Year Treasury ETF - Class A Units (HPYM.TO) at 2.28%. This indicates that FEAT's price experiences larger fluctuations and is considered to be riskier than HPYM.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FEAT	HPYM.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.90%	2.28%	+4.62%
Volatility (6M) Calculated over the trailing 6-month period	19.55%	4.93%	+14.62%
Volatility (1Y) Calculated over the trailing 1-year period	27.94%	6.92%	+21.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.33%	8.33%	+22.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.33%	8.33%	+22.00%

FEAT vs. HPYM.TO - Expense Ratio Comparison

FEAT has a 1.28% expense ratio, which is higher than HPYM.TO's 0.45% expense ratio.

Dividends

FEAT vs. HPYM.TO - Dividend Comparison

FEAT's dividend yield for the trailing twelve months is around 89.83%, more than HPYM.TO's 9.38% yield.

Position	TTM	2025	2024
FEAT YieldMax Dorsey Wright Featured 5 Income ETF	89.83%	76.35%	0.00%
HPYM.TO Harvest Premium Yield 7-10 Year Treasury ETF - Class A Units	9.38%	9.01%	8.07%

Frequently Asked Questions

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

FEAT and HPYM.TO have a correlation of 0.19, 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 HPYM.TO?

On fees, HPYM.TO is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FEAT or HPYM.TO?

HPYM.TO is cheaper with a 0.45% expense ratio, compared with 1.28% for FEAT.

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

FEAT is categorized as Derivative Income, while HPYM.TO is Government Bonds. They also come from different issuers: YieldMax and Harvest. Their fees differ too: 1.28% for FEAT and 0.45% for HPYM.TO.