HBIE.TO vs. XINC.TO
HBIE.TO (Harvest Balanced Income & Growth Enhanced ETF) and XINC.TO (iShares Core Income Balanced ETF Portfolio) are both Diversified Portfolio funds. Both are actively managed. Over the past year, HBIE.TO returned 15.23% vs 8.43% for XINC.TO. At a 0.49 correlation, their price movements are largely independent.
Performance
HBIE.TO vs. XINC.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 higher than XINC.TO's 3.54% return.
HBIE.TO
- 1D
- 0.04%
- 1M
- -0.41%
- 6M
- 6.46%
- YTD
- 7.09%
- 1Y
- 15.23%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XINC.TO
- 1D
- 0.28%
- 1M
- -0.40%
- 6M
- 2.33%
- YTD
- 3.54%
- 1Y
- 8.43%
- 3Y*
- 7.61%
- 5Y*
- 2.85%
- 10Y*
- —
HBIE.TO vs. XINC.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
HBIE.TO Harvest Balanced Income & Growth Enhanced ETF | 7.09% | 10.30% | 6.94% |
XINC.TO iShares Core Income Balanced ETF Portfolio | 3.54% | 6.71% | 8.36% |
Correlation
The correlation between HBIE.TO and XINC.TO is 0.57, 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 | 0.57 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2024 | 0.49 |
The correlation between HBIE.TO and XINC.TO has been stable across timeframes, ranging from 0.49 to 0.57 - a consistent structural relationship.
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Return for Risk
HBIE.TO vs. XINC.TO — Risk / Return Rank
HBIE.TO
XINC.TO
HBIE.TO vs. XINC.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 iShares Core Income Balanced ETF Portfolio (XINC.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 | XINC.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.33 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.92 | 2.32 | +0.60 |
| Martin ratioReturn relative to average drawdown | 12.42 | 8.71 | +3.71 |
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Drawdowns
HBIE.TO vs. XINC.TO - Drawdown Comparison
The maximum HBIE.TO drawdown since its inception was -10.29%, smaller than the maximum XINC.TO drawdown of -15.63%. Use the drawdown chart below to compare losses from any high point for HBIE.TO and XINC.TO.
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Drawdown Indicators
| HBIE.TO | XINC.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.29% | -15.63% | +5.34% |
Max Drawdown (1Y)Largest decline over 1 year | -5.24% | -3.65% | -1.59% |
Max Drawdown (3Y)Largest decline over 3 years | — | -4.35% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.63% | — |
Current DrawdownCurrent decline from peak | -0.94% | -0.65% | -0.29% |
Average DrawdownAverage peak-to-trough decline | -1.75% | -3.83% | +2.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.23% | 0.97% | +0.26% |
Volatility
HBIE.TO vs. XINC.TO - Volatility Comparison
Harvest Balanced Income & Growth Enhanced ETF (HBIE.TO) has a higher volatility of 2.60% compared to iShares Core Income Balanced ETF Portfolio (XINC.TO) at 1.37%. This indicates that HBIE.TO's price experiences larger fluctuations and is considered to be riskier than XINC.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 | XINC.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.60% | 1.37% | +1.23% |
Volatility (6M)Calculated over the trailing 6-month period | 7.51% | 4.33% | +3.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.85% | 4.99% | +3.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.67% | 6.83% | +2.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.67% | 7.43% | +2.24% |
Dividends
HBIE.TO vs. XINC.TO - Dividend Comparison
HBIE.TO's dividend yield for the trailing twelve months is around 9.95%, more than XINC.TO's 3.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
HBIE.TO Harvest Balanced Income & Growth Enhanced ETF | 9.95% | 10.12% | 7.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XINC.TO iShares Core Income Balanced ETF Portfolio | 3.30% | 3.16% | 2.81% | 2.87% | 2.54% | 2.03% | 2.43% | 0.94% |
Frequently Asked Questions
HBIE.TO and XINC.TO have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: Harvest and iShares.
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