HBIE.TO vs. HHIS.TO
HBIE.TO (Harvest Balanced Income & Growth Enhanced ETF) and HHIS.TO (Harvest Diversified High Income Shares ETF) are both exchange-traded funds - HBIE.TO is a Diversified Portfolio fund actively managed by Harvest, while HHIS.TO is a Derivative Income fund actively managed by Harvest. Both are actively managed. Over the past year, HBIE.TO returned 15.23% vs 17.49% for HHIS.TO. At a 0.43 correlation, their price movements are largely independent.
Performance
HBIE.TO vs. HHIS.TO - Performance Comparison
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Returns By Period
In the year-to-date period, HBIE.TO achieves a 7.09% return, which is significantly lower than HHIS.TO's 9.52% return.
HBIE.TO
- 1D
- 0.04%
- 1M
- -0.41%
- 6M
- 6.46%
- YTD
- 7.09%
- 1Y
- 15.23%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HHIS.TO
- 1D
- 0.70%
- 1M
- 1.38%
- 6M
- 6.98%
- YTD
- 9.52%
- 1Y
- 17.49%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HBIE.TO vs. HHIS.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HBIE.TO Harvest Balanced Income & Growth Enhanced ETF | 7.09% | 10.44% |
HHIS.TO Harvest Diversified High Income Shares ETF | 9.52% | 24.70% |
Correlation
The correlation between HBIE.TO and HHIS.TO is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Jan 16, 2025 | 0.43 |
The correlation between HBIE.TO and HHIS.TO shifts across timeframes, from 0.43 (all time) to 0.53 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
HBIE.TO vs. HHIS.TO — Risk / Return Rank
HBIE.TO
HHIS.TO
HBIE.TO vs. HHIS.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Harvest Balanced Income & Growth Enhanced ETF (HBIE.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.
| HBIE.TO | HHIS.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.02 | ||
| Sortino ratioReturn per unit of downside risk | +1.48 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.14 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 2.92 | 0.72 | +2.20 |
| Martin ratioReturn relative to average drawdown | 12.42 | 1.75 | +10.67 |
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Drawdowns
HBIE.TO vs. HHIS.TO - Drawdown Comparison
The maximum HBIE.TO drawdown since its inception was -10.29%, smaller than the maximum HHIS.TO drawdown of -31.83%. Use the drawdown chart below to compare losses from any high point for HBIE.TO and HHIS.TO.
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Drawdown Indicators
| HBIE.TO | HHIS.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.29% | -31.83% | +21.54% |
Max Drawdown (1Y)Largest decline over 1 year | -5.24% | -24.43% | +19.19% |
Current DrawdownCurrent decline from peak | -0.94% | -2.78% | +1.84% |
Average DrawdownAverage peak-to-trough decline | -1.75% | -8.45% | +6.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.23% | 10.02% | -8.79% |
Volatility
HBIE.TO vs. HHIS.TO - Volatility Comparison
The current volatility for Harvest Balanced Income & Growth Enhanced ETF (HBIE.TO) is 2.60%, while Harvest Diversified High Income Shares ETF (HHIS.TO) has a volatility of 7.41%. This indicates that HBIE.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.
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Volatility by Period
| HBIE.TO | HHIS.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.60% | 7.41% | -4.81% |
Volatility (6M)Calculated over the trailing 6-month period | 7.51% | 19.03% | -11.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.85% | 24.62% | -15.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.67% | 33.46% | -23.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.67% | 33.46% | -23.79% |
Dividends
HBIE.TO vs. HHIS.TO - Dividend Comparison
HBIE.TO's dividend yield for the trailing twelve months is around 9.95%, less than HHIS.TO's 27.40% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
HBIE.TO Harvest Balanced Income & Growth Enhanced ETF | 9.95% | 10.12% | 7.56% |
HHIS.TO Harvest Diversified High Income Shares ETF | 27.40% | 22.88% | 0.00% |
Frequently Asked Questions
HBIE.TO and HHIS.TO have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HBIE.TO is categorized as Diversified Portfolio, while HHIS.TO is Derivative Income.
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