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GLCC.TO vs. HHIC.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

GLCC.TO vs. HHIC.TO

Last updated Jun 14, 2026

GLCC.TO (Global X Gold Producer Equity Covered Call ETF) and HHIC.TO (Harvest Canadian High Income Shares ETF) are both exchange-traded funds - GLCC.TO is a Derivative Income fund actively managed by Global X, while HHIC.TO is a Canada Equities fund actively managed by Harvest. Both are actively managed. A 0.62 correlation means they provide meaningful diversification when combined. GLCC.TO charges 0.79%/yr vs 0.40%/yr for HHIC.TO.

Performance

GLCC.TO vs. HHIC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Gold Producer Equity Covered Call ETF (GLCC.TO) and Harvest Canadian High Income Shares ETF (HHIC.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, GLCC.TO achieves a -5.15% return, which is significantly lower than HHIC.TO's 12.03% return.

GLCC.TO

1D
2.91%
1M
-6.20%
YTD
-5.15%
6M
-3.63%
1Y
48.60%
3Y*
40.00%
5Y*
20.22%
10Y*
13.89%

HHIC.TO

1D
0.93%
1M
2.73%
YTD
12.03%
6M
13.19%
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)2025
GLCC.TO
Global X Gold Producer Equity Covered Call ETF		-5.15%40.95%
HHIC.TO
Harvest Canadian High Income Shares ETF		12.03%16.60%

Correlation

The correlation between GLCC.TO and HHIC.TO is 0.62, 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 Aug 21, 2025

0.62

GLCC.TO vs. HHIC.TO - Sectors Allocation Comparison

Sectors
GLCC.TO
HHIC.TO

Basic Materials

100.0%
11.3%

Communication Services

-

10.2%

Consumer Cyclical

-

-

Consumer Defensive

-

-

Energy

-

34.8%

Financial Services

-

32.7%

Healthcare

-

-

Industrials

-

-

Real Estate

-

-

Technology

-

11.0%

Utilities

-

-

Basic Materials

GLCC.TO
100.0%
HHIC.TO
11.3%

Communication Services

GLCC.TO

-

HHIC.TO
10.2%

Consumer Cyclical

GLCC.TO

-

HHIC.TO

-

Consumer Defensive

GLCC.TO

-

HHIC.TO

-

Energy

GLCC.TO

-

HHIC.TO
34.8%

Financial Services

GLCC.TO

-

HHIC.TO
32.7%

Healthcare

GLCC.TO

-

HHIC.TO

-

Industrials

GLCC.TO

-

HHIC.TO

-

Real Estate

GLCC.TO

-

HHIC.TO

-

Technology

GLCC.TO

-

HHIC.TO
11.0%

Utilities

GLCC.TO

-

HHIC.TO

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X Gold Producer Equity Covered Call ETF

Harvest Canadian High Income Shares ETF

Often compared with GLCC.TO:
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Often compared with HHIC.TO:
HHIC.TO vs. HHIS.TOHHIC.TO vs. HDIV.TOHHIC.TO vs. ECHI.TOHHIC.TO vs. VDY.TOHHIC.TO vs. CANY.TOHHIC.TO vs. XIU.TOHHIC.TO vs. HDIF.TO

Return for Risk

GLCC.TO vs. HHIC.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GLCC.TO
GLCC.TO Risk / Return Rank: 3535
Overall Rank
GLCC.TO Sharpe Ratio Rank: 3737
Sharpe Ratio Rank
GLCC.TO Sortino Ratio Rank: 3333
Sortino Ratio Rank
GLCC.TO Omega Ratio Rank: 3737
Omega Ratio Rank
GLCC.TO Calmar Ratio Rank: 3535
Calmar Ratio Rank
GLCC.TO Martin Ratio Rank: 3333
Martin Ratio Rank
HHIC.TO

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

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.

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

This table presents a comparison of risk-adjusted performance metrics for Global X Gold Producer Equity Covered Call ETF (GLCC.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.

GLCC.TOHHIC.TODifference
Sharpe ratioReturn per unit of total volatility
1.17

—

—

Sortino ratioReturn per unit of downside risk
1.59

—

—

Omega ratioGain probability vs. loss probability

1.23

—

—

Calmar ratioReturn relative to maximum drawdown

1.53

—

—

Martin ratioReturn relative to average drawdown

4.34

—

—

GLCC.TO vs. HHIC.TO - Sharpe Ratio Comparison

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Drawdowns

GLCC.TO vs. HHIC.TO - Drawdown Comparison

The maximum GLCC.TO drawdown since its inception was -81.37%, 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 GLCC.TO and HHIC.TO.

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Drawdown Indicators

GLCC.TOHHIC.TODifference

Max Drawdown

Largest peak-to-trough decline

-81.37%

-7.30%

-74.07%

Max Drawdown (1Y)

Largest decline over 1 year

-33.03%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-33.03%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-37.60%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-44.83%

—

—

Current Drawdown

Current decline from peak

-27.04%

-2.35%

-24.69%

Average Drawdown

Average peak-to-trough decline

-53.15%

-1.52%

-51.63%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.60%

—

—

Volatility

GLCC.TO vs. HHIC.TO - Volatility Comparison

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Volatility by Period

GLCC.TOHHIC.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

16.63%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

35.94%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

43.26%

16.93%

+26.33%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

32.35%

16.93%

+15.42%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

32.16%

16.93%

+15.23%

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

GLCC.TO has a 0.79% expense ratio, which is higher than HHIC.TO's 0.40% expense ratio.

Dividends

GLCC.TO vs. HHIC.TO - Dividend Comparison

GLCC.TO's dividend yield for the trailing twelve months is around 9.12%, less than HHIC.TO's 11.06% yield.

PositionTTM20252024202320222021202020192018201720162015
GLCC.TO
Global X Gold Producer Equity Covered Call ETF		9.12%6.01%10.30%11.16%10.08%6.31%6.47%4.58%5.62%7.08%8.75%2.32%
HHIC.TO
Harvest Canadian High Income Shares ETF		11.06%4.77%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

GLCC.TO and HHIC.TO have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

HHIC.TO is cheaper with a 0.40% expense ratio, compared with 0.79% for GLCC.TO.

GLCC.TO is categorized as Derivative Income, while HHIC.TO is Canada Equities. They also come from different issuers: Global X and Harvest. Their fees differ too: 0.79% for GLCC.TO and 0.40% for HHIC.TO.

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