HBTE.NEO vs. HTA.TO

Last updated Jun 25, 2026

HBTE.NEO (Harvest Bitcoin Leaders Enhanced Income ETF) and HTA.TO (Harvest Tech Achievers Growth & Income ETF) are both exchange-traded funds - HBTE.NEO is a Leveraged Cryptocurrency fund actively managed by Harvest, while HTA.TO is a Technology Equities fund actively managed by Harvest. Both are actively managed. Over the past year, HBTE.NEO returned 48.04% vs 31.85% for HTA.TO. A 0.56 correlation means they provide meaningful diversification when combined. HBTE.NEO charges 0.75%/yr vs 0.99%/yr for HTA.TO.

Performance

HBTE.NEO vs. HTA.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Bitcoin Leaders Enhanced Income ETF (HBTE.NEO) and Harvest Tech Achievers Growth & Income ETF (HTA.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HBTE.NEO achieves a 21.62% return, which is significantly higher than HTA.TO's 19.71% return.

HBTE.NEO

• 1D: -7.43%
• 1M: -5.38%
• YTD: 21.62%
• 6M: 14.07%
• 1Y: 48.04%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HTA.TO

• 1D: -0.63%
• 1M: 1.74%
• YTD: 19.71%
• 6M: 18.96%
• 1Y: 31.85%
• 3Y*: 24.24%
• 5Y*: 15.81%
• 10Y*: 20.48%

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

HBTE.NEO vs. HTA.TO - Yearly Performance Comparison

	2026 (YTD)	2025
HBTE.NEO Harvest Bitcoin Leaders Enhanced Income ETF	21.62%	63.44%
HTA.TO Harvest Tech Achievers Growth & Income ETF	19.71%	26.40%

Correlation

The correlation between HBTE.NEO and HTA.TO is 0.55, 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	0.55
Correlation (All Time) Calculated using the full available price history since Apr 30, 2025	0.56

The correlation between HBTE.NEO and HTA.TO has been stable across timeframes, ranging from 0.55 to 0.56 - a consistent structural relationship.

Return for Risk

HBTE.NEO vs. HTA.TO — Risk / Return Rank

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

HBTE.NEO

HBTE.NEO Risk / Return Rank: 23
HBTE.NEO Sharpe Ratio Rank: 23
HBTE.NEO Sortino Ratio Rank: 27
HBTE.NEO Omega Ratio Rank: 25
HBTE.NEO Calmar Ratio Rank: 21
HBTE.NEO Martin Ratio Rank: 17

HTA.TO

HTA.TO Risk / Return Rank: 49
HTA.TO Sharpe Ratio Rank: 53
HTA.TO Sortino Ratio Rank: 47
HTA.TO Omega Ratio Rank: 49
HTA.TO Calmar Ratio Rank: 49
HTA.TO Martin Ratio Rank: 47

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.

HBTE.NEO vs. HTA.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harvest Bitcoin Leaders Enhanced Income ETF (HBTE.NEO) and Harvest Tech Achievers Growth & Income ETF (HTA.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.

	HBTE.NEO	HTA.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.74	1.60	-0.86
Sortino ratio: Return per unit of downside risk	1.37	2.11	-0.74
Omega ratio: Gain probability vs. loss probability	1.16	1.28	-0.12
Calmar ratio: Return relative to maximum drawdown	0.88	2.15	-1.27
Martin ratio: Return relative to average drawdown	1.67	7.04	-5.37

HBTE.NEO vs. HTA.TO - Sharpe Ratio Comparison

The current HBTE.NEO Sharpe Ratio is 0.74, which is lower than the HTA.TO Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of HBTE.NEO and HTA.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HBTE.NEO vs. HTA.TO - Drawdown Comparison

The maximum HBTE.NEO drawdown since its inception was -55.67%, which is greater than HTA.TO's maximum drawdown of -38.77%. Use the drawdown chart below to compare losses from any high point for HBTE.NEO and HTA.TO.

Drawdown Indicators

	HBTE.NEO	HTA.TO	Difference
Max Drawdown Largest peak-to-trough decline	-55.67%	-38.77%	-16.90%
Max Drawdown (1Y) Largest decline over 1 year	-55.67%	-14.87%	-40.80%
Max Drawdown (3Y) Largest decline over 3 years	—	-25.02%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-38.77%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-38.77%	—
Current Drawdown Current decline from peak	-28.38%	-6.04%	-22.34%
Average Drawdown Average peak-to-trough decline	-21.19%	-8.28%	-12.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.06%	4.53%	+24.53%

Volatility

HBTE.NEO vs. HTA.TO - Volatility Comparison

Harvest Bitcoin Leaders Enhanced Income ETF (HBTE.NEO) has a higher volatility of 17.70% compared to Harvest Tech Achievers Growth & Income ETF (HTA.TO) at 10.59%. This indicates that HBTE.NEO's price experiences larger fluctuations and is considered to be riskier than HTA.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HBTE.NEO	HTA.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.70%	10.59%	+7.11%
Volatility (6M) Calculated over the trailing 6-month period	49.42%	17.05%	+32.37%
Volatility (1Y) Calculated over the trailing 1-year period	66.75%	20.09%	+46.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	66.02%	23.88%	+42.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	66.02%	23.23%	+42.79%

HBTE.NEO vs. HTA.TO - Expense Ratio Comparison

HBTE.NEO has a 0.75% expense ratio, which is lower than HTA.TO's 0.99% expense ratio.

Dividends

HBTE.NEO vs. HTA.TO - Dividend Comparison

HBTE.NEO's dividend yield for the trailing twelve months is around 27.55%, more than HTA.TO's 8.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HBTE.NEO Harvest Bitcoin Leaders Enhanced Income ETF	27.55%	18.40%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HTA.TO Harvest Tech Achievers Growth & Income ETF	8.12%	8.80%	8.11%	7.81%	9.99%	4.27%	5.52%	6.15%	7.61%	7.03%	8.74%	5.29%

Frequently Asked Questions

Can I hold both HBTE.NEO and HTA.TO in my portfolio?

HBTE.NEO and HTA.TO have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HBTE.NEO or HTA.TO?

On fees, HBTE.NEO is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HBTE.NEO or HTA.TO?

HBTE.NEO is cheaper with a 0.75% expense ratio, compared with 0.99% for HTA.TO.

What is the main difference between HBTE.NEO and HTA.TO?

HBTE.NEO is categorized as Leveraged Cryptocurrency, while HTA.TO is Technology Equities. Their fees differ too: 0.75% for HBTE.NEO and 0.99% for HTA.TO.