HBIE.TO vs. PLTE.TO

Last updated Jul 16, 2026

HBIE.TO (Harvest Balanced Income & Growth Enhanced ETF) and PLTE.TO (Harvest Palantir Enhanced High Income Shares ETF) are both exchange-traded funds - HBIE.TO is a Diversified Portfolio fund actively managed by Harvest, while PLTE.TO is a Derivative Income fund actively managed by Harvest. Both are actively managed. At a 0.23 correlation, their price movements are largely independent.

Performance

HBIE.TO vs. PLTE.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Balanced Income & Growth Enhanced ETF (HBIE.TO) and Harvest Palantir Enhanced High Income Shares ETF (PLTE.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HBIE.TO

• 1D: 0.04%
• 1M: -0.41%
• 6M: 6.46%
• YTD: 7.09%
• 1Y: 15.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PLTE.TO

• 1D: -0.19%
• 1M: -0.54%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HBIE.TO vs. PLTE.TO - Yearly Performance Comparison

	2026 (YTD)
HBIE.TO Harvest Balanced Income & Growth Enhanced ETF	6.82%
PLTE.TO Harvest Palantir Enhanced High Income Shares ETF	-20.58%

Correlation

The correlation between HBIE.TO and PLTE.TO is 0.23, 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 20, 2026	0.23

Return for Risk

HBIE.TO vs. PLTE.TO — Risk / Return Rank

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

HBIE.TO

HBIE.TO Risk / Return Rank: 71
HBIE.TO Sharpe Ratio Rank: 65
HBIE.TO Sortino Ratio Rank: 71
HBIE.TO Omega Ratio Rank: 69
HBIE.TO Calmar Ratio Rank: 72
HBIE.TO Martin Ratio Rank: 81

PLTE.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.

HBIE.TO vs. PLTE.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 Palantir Enhanced High Income Shares ETF (PLTE.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	PLTE.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.73	—	—
Sortino ratio: Return per unit of downside risk	2.59	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	2.92	—	—
Martin ratio: Return relative to average drawdown	12.42	—	—

Drawdowns

HBIE.TO vs. PLTE.TO - Drawdown Comparison

The maximum HBIE.TO drawdown since its inception was -10.29%, smaller than the maximum PLTE.TO drawdown of -38.62%. Use the drawdown chart below to compare losses from any high point for HBIE.TO and PLTE.TO.

Drawdown Indicators

	HBIE.TO	PLTE.TO	Difference
Max Drawdown Largest peak-to-trough decline	-10.29%	-38.62%	+28.33%
Max Drawdown (1Y) Largest decline over 1 year	-5.24%	—	—
Current Drawdown Current decline from peak	-0.94%	-21.04%	+20.10%
Average Drawdown Average peak-to-trough decline	-1.75%	-19.08%	+17.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.23%	—	—

Volatility

Volatility by Period

	HBIE.TO	PLTE.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.60%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.51%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.85%	63.43%	-54.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.67%	63.43%	-53.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.67%	63.43%	-53.76%

Dividends

HBIE.TO vs. PLTE.TO - Dividend Comparison

HBIE.TO's dividend yield for the trailing twelve months is around 9.95%, less than PLTE.TO's 20.89% yield.

Position	TTM	2025	2024
HBIE.TO Harvest Balanced Income & Growth Enhanced ETF	9.95%	10.12%	7.56%
PLTE.TO Harvest Palantir Enhanced High Income Shares ETF	20.89%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HBIE.TO and PLTE.TO in my portfolio?

HBIE.TO and PLTE.TO have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between HBIE.TO and PLTE.TO?

HBIE.TO is categorized as Diversified Portfolio, while PLTE.TO is Derivative Income.