HDIF.TO vs. HHIS.TO
HDIF.TO (Harvest Diversified Monthly Income ETF - Class A Units) and HHIS.TO (Harvest Diversified High Income Shares ETF) are both Derivative Income funds from Harvest. Both are actively managed. Over the past year, HDIF.TO returned 28.86% vs 31.98% for HHIS.TO. A 0.64 correlation means they provide meaningful diversification when combined. HDIF.TO charges 2.47%/yr vs 0.00%/yr for HHIS.TO.
Performance
HDIF.TO vs. HHIS.TO - Performance Comparison
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Returns By Period
In the year-to-date period, HDIF.TO achieves a 11.54% return, which is significantly higher than HHIS.TO's 9.32% return.
HDIF.TO
- 1D
- -0.73%
- 1M
- 6.52%
- YTD
- 11.54%
- 6M
- 12.52%
- 1Y
- 28.86%
- 3Y*
- 18.30%
- 5Y*
- —
- 10Y*
- —
HHIS.TO
- 1D
- -1.25%
- 1M
- 7.52%
- YTD
- 9.32%
- 6M
- 4.61%
- 1Y
- 31.98%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HDIF.TO vs. HHIS.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HDIF.TO Harvest Diversified Monthly Income ETF - Class A Units | 11.54% | 13.56% |
HHIS.TO Harvest Diversified High Income Shares ETF | 9.32% | 24.40% |
Correlation
The correlation between HDIF.TO and HHIS.TO is 0.61, 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 | 0.61 |
Correlation (All Time) Calculated using the full available price history since Jan 17, 2025 | 0.64 |
The correlation between HDIF.TO and HHIS.TO has been stable across timeframes, ranging from 0.61 to 0.64 - a consistent structural relationship.
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Return for Risk
HDIF.TO vs. HHIS.TO — Risk / Return Rank
HDIF.TO
HHIS.TO
HDIF.TO vs. HHIS.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Harvest Diversified Monthly Income ETF - Class A Units (HDIF.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.
| HDIF.TO | HHIS.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.91 | ||
| Sortino ratioReturn per unit of downside risk | +1.22 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.24 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 3.30 | 1.31 | +1.98 |
| Martin ratioReturn relative to average drawdown | 13.66 | 3.27 | +10.39 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HDIF.TO | HHIS.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.29 | 1.38 | +0.91 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.74 | -0.21 |
Drawdowns
HDIF.TO vs. HHIS.TO - Drawdown Comparison
The maximum HDIF.TO drawdown since its inception was -24.07%, smaller than the maximum HHIS.TO drawdown of -31.83%. Use the drawdown chart below to compare losses from any high point for HDIF.TO and HHIS.TO.
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Drawdown Indicators
| HDIF.TO | HHIS.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.07% | -31.83% | +7.76% |
Max Drawdown (1Y)Largest decline over 1 year | -8.79% | -24.43% | +15.64% |
Max Drawdown (3Y)Largest decline over 3 years | -19.60% | — | — |
Current DrawdownCurrent decline from peak | -0.73% | -2.95% | +2.22% |
Average DrawdownAverage peak-to-trough decline | -6.65% | -8.70% | +2.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.12% | 9.79% | -7.67% |
Volatility
HDIF.TO vs. HHIS.TO - Volatility Comparison
The current volatility for Harvest Diversified Monthly Income ETF - Class A Units (HDIF.TO) is 3.50%, while Harvest Diversified High Income Shares ETF (HHIS.TO) has a volatility of 5.51%. This indicates that HDIF.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
| HDIF.TO | HHIS.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.50% | 5.51% | -2.01% |
Volatility (6M)Calculated over the trailing 6-month period | 10.37% | 16.97% | -6.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.67% | 23.36% | -10.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.49% | 33.78% | -16.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.49% | 33.78% | -16.29% |
HDIF.TO vs. HHIS.TO - Expense Ratio Comparison
HDIF.TO has a 2.47% expense ratio, which is higher than HHIS.TO's 0.00% expense ratio.
Dividends
HDIF.TO vs. HHIS.TO - Dividend Comparison
HDIF.TO's dividend yield for the trailing twelve months is around 10.21%, less than HHIS.TO's 26.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
HDIF.TO Harvest Diversified Monthly Income ETF - Class A Units | 10.21% | 9.93% | 10.15% | 10.62% | 8.95% |
HHIS.TO Harvest Diversified High Income Shares ETF | 26.63% | 22.88% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
HDIF.TO and HHIS.TO have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HHIS.TO is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HHIS.TO is cheaper with a 0.00% expense ratio, compared with 2.47% for HDIF.TO.
Their fees differ too: 2.47% for HDIF.TO and 0.00% for HHIS.TO.
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