GLCC.TO vs. HPYE.TO
GLCC.TO (Global X Gold Producer Equity Covered Call ETF) and HPYE.TO (Harvest Premium Yield Enhanced ETF) are both Derivative Income funds. Both are actively managed. At a 0.38 correlation, their price movements are largely independent. GLCC.TO charges 0.79%/yr vs 0.65%/yr for HPYE.TO.
Performance
GLCC.TO vs. HPYE.TO - Performance Comparison
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Returns By Period
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%
HPYE.TO
- 1D
- 0.36%
- 1M
- 3.48%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GLCC.TO vs. HPYE.TO - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
GLCC.TO Global X Gold Producer Equity Covered Call ETF | -18.80% |
HPYE.TO Harvest Premium Yield Enhanced ETF | 10.60% |
Correlation
The correlation between GLCC.TO and HPYE.TO is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 21, 2026 | 0.38 |
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Return for Risk
GLCC.TO vs. HPYE.TO — Risk / Return Rank
GLCC.TO
HPYE.TO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GLCC.TO vs. HPYE.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 Premium Yield Enhanced ETF (HPYE.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.TO | HPYE.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.23 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.53 | — | — |
| Martin ratioReturn relative to average drawdown | 4.34 | — | — |
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Drawdowns
GLCC.TO vs. HPYE.TO - Drawdown Comparison
The maximum GLCC.TO drawdown since its inception was -81.37%, which is greater than HPYE.TO's maximum drawdown of -5.51%. Use the drawdown chart below to compare losses from any high point for GLCC.TO and HPYE.TO.
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Drawdown Indicators
| GLCC.TO | HPYE.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.37% | -5.51% | -75.86% |
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 DrawdownCurrent decline from peak | -27.04% | -0.52% | -26.52% |
Average DrawdownAverage peak-to-trough decline | -53.15% | -1.35% | -51.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.60% | — | — |
Volatility
GLCC.TO vs. HPYE.TO - Volatility Comparison
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Volatility by Period
| GLCC.TO | HPYE.TO | Difference | |
|---|---|---|---|
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% | 12.90% | +30.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.35% | 12.90% | +19.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.16% | 12.90% | +19.26% |
GLCC.TO vs. HPYE.TO - Expense Ratio Comparison
GLCC.TO has a 0.79% expense ratio, which is higher than HPYE.TO's 0.65% expense ratio.
Dividends
GLCC.TO vs. HPYE.TO - Dividend Comparison
GLCC.TO's dividend yield for the trailing twelve months is around 9.12%, more than HPYE.TO's 5.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
HPYE.TO Harvest Premium Yield Enhanced ETF | 5.06% | 0.00% | 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 HPYE.TO have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HPYE.TO is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HPYE.TO is cheaper with a 0.65% expense ratio, compared with 0.79% for GLCC.TO.
They also come from different issuers: Global X and Harvest Portfolios Group. Their fees differ too: 0.79% for GLCC.TO and 0.65% for HPYE.TO.
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