FTS-PH.TO vs. HHIS.TO

Last updated Jul 15, 2026

FTS-PH.TO (Fortis Inc.) is a stock, while HHIS.TO (Harvest Diversified High Income Shares ETF) is Derivative Income fund actively managed by Harvest. Over the past year, FTS-PH.TO returned 18.64% vs 17.13% for HHIS.TO. At a 0.14 correlation, their price movements are largely independent.

Performance

FTS-PH.TO vs. HHIS.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Fortis Inc. (FTS-PH.TO) and Harvest Diversified High Income Shares ETF (HHIS.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTS-PH.TO achieves a 9.52% return, which is significantly higher than HHIS.TO's 8.76% return.

FTS-PH.TO

• 1D: 0.45%
• 1M: -1.22%
• 6M: 6.93%
• YTD: 9.52%
• 1Y: 18.64%
• 3Y*: 21.05%
• 5Y*: 9.11%
• 10Y*: 7.84%

HHIS.TO

• 1D: 0.79%
• 1M: 4.34%
• 6M: 5.15%
• YTD: 8.76%
• 1Y: 17.13%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FTS-PH.TO vs. HHIS.TO - Yearly Performance Comparison

	2026 (YTD)	2025
FTS-PH.TO Fortis Inc.	9.52%	16.78%
HHIS.TO Harvest Diversified High Income Shares ETF	8.76%	24.70%

Correlation

The correlation between FTS-PH.TO and HHIS.TO is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (All Time) Calculated using the full available price history since Jan 16, 2025	0.14

Return for Risk

FTS-PH.TO vs. HHIS.TO — Risk / Return Rank

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

FTS-PH.TO

FTS-PH.TO Risk / Return Rank: 89
FTS-PH.TO Sharpe Ratio Rank: 88
FTS-PH.TO Sortino Ratio Rank: 86
FTS-PH.TO Omega Ratio Rank: 88
FTS-PH.TO Calmar Ratio Rank: 89
FTS-PH.TO Martin Ratio Rank: 93

HHIS.TO

HHIS.TO Risk / Return Rank: 22
HHIS.TO Sharpe Ratio Rank: 24
HHIS.TO Sortino Ratio Rank: 24
HHIS.TO Omega Ratio Rank: 23
HHIS.TO Calmar Ratio Rank: 20
HHIS.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.

FTS-PH.TO vs. HHIS.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fortis Inc. (FTS-PH.TO) and Harvest Diversified High Income Shares ETF (HHIS.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.

	FTS-PH.TO	HHIS.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.72	0.70	+1.02
Sortino ratio: Return per unit of downside risk	2.46	1.09	+1.37
Omega ratio: Gain probability vs. loss probability	1.34	1.13	+0.21
Calmar ratio: Return relative to maximum drawdown	3.46	0.70	+2.76
Martin ratio: Return relative to average drawdown	11.83	1.71	+10.12

FTS-PH.TO vs. HHIS.TO - Sharpe Ratio Comparison

The current FTS-PH.TO Sharpe Ratio is 1.72, which is higher than the HHIS.TO Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of FTS-PH.TO and HHIS.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.

Drawdowns

FTS-PH.TO vs. HHIS.TO - Drawdown Comparison

The maximum FTS-PH.TO drawdown since its inception was -56.23%, which is greater than HHIS.TO's maximum drawdown of -31.83%. Use the drawdown chart below to compare losses from any high point for FTS-PH.TO and HHIS.TO.

Drawdown Indicators

	FTS-PH.TO	HHIS.TO	Difference
Max Drawdown Largest peak-to-trough decline	-56.23%	-31.83%	-24.40%
Max Drawdown (1Y) Largest decline over 1 year	-5.41%	-24.43%	+19.02%
Max Drawdown (3Y) Largest decline over 3 years	-15.64%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-33.79%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-52.44%	—	—
Current Drawdown Current decline from peak	-4.52%	-3.45%	-1.07%
Average Drawdown Average peak-to-trough decline	-17.77%	-8.47%	-9.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.58%	10.01%	-8.43%

Volatility

FTS-PH.TO vs. HHIS.TO - Volatility Comparison

The current volatility for Fortis Inc. (FTS-PH.TO) is 3.29%, while Harvest Diversified High Income Shares ETF (HHIS.TO) has a volatility of 8.18%. This indicates that FTS-PH.TO experiences smaller price fluctuations and is considered to be less risky than HHIS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTS-PH.TO	HHIS.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.29%	8.18%	-4.89%
Volatility (6M) Calculated over the trailing 6-month period	8.36%	19.05%	-10.69%
Volatility (1Y) Calculated over the trailing 1-year period	10.90%	24.64%	-13.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.69%	33.51%	-15.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.19%	33.51%	-12.32%

Dividends

FTS-PH.TO vs. HHIS.TO - Dividend Comparison

FTS-PH.TO's dividend yield for the trailing twelve months is around 5.15%, less than HHIS.TO's 27.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTS-PH.TO Fortis Inc.	5.15%	3.96%	2.79%	3.51%	3.75%	2.70%	4.88%	4.63%	4.15%	3.46%	4.41%	7.57%
HHIS.TO Harvest Diversified High Income Shares ETF	27.59%	22.88%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FTS-PH.TO and HHIS.TO in my portfolio?

FTS-PH.TO and HHIS.TO have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.