HDIF.TO vs. HYLD.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Harvest Diversified Monthly Income ETF - Class A Units (HDIF.TO) and Hamilton Enhanced U.S. Covered Call ETF (HYLD.TO).

HDIF.TO and HYLD.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HDIF.TO is an actively managed fund by Harvest. It was launched on Feb 11, 2022. HYLD.TO is an actively managed fund by Hamilton Capital. It was launched on Feb 4, 2022.

Performance

HDIF.TO vs. HYLD.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Diversified Monthly Income ETF - Class A Units (HDIF.TO) and Hamilton Enhanced U.S. Covered Call ETF (HYLD.TO). The values are adjusted to include any dividend payments, if applicable.

HDIF.TO vs. HYLD.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
HDIF.TO Harvest Diversified Monthly Income ETF - Class A Units	-3.91%	15.61%	18.52%	12.79%	-15.12%
HYLD.TO Hamilton Enhanced U.S. Covered Call ETF	-8.12%	22.14%	25.39%	19.01%	-19.54%

Returns By Period

In the year-to-date period, HDIF.TO achieves a -3.91% return, which is significantly higher than HYLD.TO's -8.12% return.

HDIF.TO

• 1D: 1.81%
• 1M: -5.18%
• YTD: -3.91%
• 6M: 0.59%
• 1Y: 12.93%
• 3Y*: 13.29%
• 5Y*: —
• 10Y*: —

HYLD.TO

• 1D: 2.59%
• 1M: -6.74%
• YTD: -8.12%
• 6M: -4.52%
• 1Y: 18.39%
• 3Y*: 16.62%
• 5Y*: —
• 10Y*: —

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

HDIF.TO vs. HYLD.TO - Expense Ratio Comparison

HDIF.TO has a 2.47% expense ratio, which is higher than HYLD.TO's 2.37% expense ratio.

HDIF.TO

Harvest Diversified Monthly Income ETF - Class A Units

HYLD.TO

Hamilton Enhanced U.S. Covered Call ETF

Return for Risk

HDIF.TO vs. HYLD.TO — Risk / Return Rank

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

HDIF.TO

HDIF.TO Risk / Return Rank: 44
HDIF.TO Sharpe Ratio Rank: 41
HDIF.TO Sortino Ratio Rank: 41
HDIF.TO Omega Ratio Rank: 45
HDIF.TO Calmar Ratio Rank: 43
HDIF.TO Martin Ratio Rank: 51

HYLD.TO

HYLD.TO Risk / Return Rank: 57
HYLD.TO Sharpe Ratio Rank: 50
HYLD.TO Sortino Ratio Rank: 54
HYLD.TO Omega Ratio Rank: 58
HYLD.TO Calmar Ratio Rank: 59
HYLD.TO Martin Ratio Rank: 63

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.

HDIF.TO vs. HYLD.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 Hamilton Enhanced U.S. Covered Call ETF (HYLD.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	HYLD.TO	Difference
Sharpe ratio Return per unit of total volatility	0.72	0.85	-0.13
Sortino ratio Return per unit of downside risk	1.10	1.34	-0.23
Omega ratio Gain probability vs. loss probability	1.17	1.20	-0.03
Calmar ratio Return relative to maximum drawdown	1.03	1.36	-0.34
Martin ratio Return relative to average drawdown	4.64	5.82	-1.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HDIF.TO vs. HYLD.TO - Sharpe Ratio Comparison

The current HDIF.TO Sharpe Ratio is 0.72, which is comparable to the HYLD.TO Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of HDIF.TO and HYLD.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HDIF.TO	HYLD.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.72	0.85	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.40	-0.07

Correlation

The correlation between HDIF.TO and HYLD.TO is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

HDIF.TO vs. HYLD.TO - Dividend Comparison

HDIF.TO's dividend yield for the trailing twelve months is around 10.05%, less than HYLD.TO's 12.36% yield.

	TTM	2025	2024	2023	2022
HDIF.TO Harvest Diversified Monthly Income ETF - Class A Units	10.05%	9.93%	10.15%	10.62%	8.95%
HYLD.TO Hamilton Enhanced U.S. Covered Call ETF	12.36%	11.98%	12.13%	12.11%	13.02%

Drawdowns

HDIF.TO vs. HYLD.TO - Drawdown Comparison

The maximum HDIF.TO drawdown since its inception was -24.07%, smaller than the maximum HYLD.TO drawdown of -31.38%. Use the drawdown chart below to compare losses from any high point for HDIF.TO and HYLD.TO.

Drawdown Indicators

	HDIF.TO	HYLD.TO	Difference
Max Drawdown Largest peak-to-trough decline	-24.07%	-31.38%	+7.31%
Max Drawdown (1Y) Largest decline over 1 year	-13.20%	-14.02%	+0.82%
Current Drawdown Current decline from peak	-7.13%	-9.77%	+2.64%
Average Drawdown Average peak-to-trough decline	-6.90%	-9.24%	+2.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.92%	3.28%	-0.36%

Volatility

HDIF.TO vs. HYLD.TO - Volatility Comparison

The current volatility for Harvest Diversified Monthly Income ETF - Class A Units (HDIF.TO) is 5.28%, while Hamilton Enhanced U.S. Covered Call ETF (HYLD.TO) has a volatility of 7.05%. This indicates that HDIF.TO experiences smaller price fluctuations and is considered to be less risky than HYLD.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HDIF.TO	HYLD.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.28%	7.05%	-1.77%
Volatility (6M) Calculated over the trailing 6-month period	10.10%	12.24%	-2.14%
Volatility (1Y) Calculated over the trailing 1-year period	18.06%	21.72%	-3.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.63%	19.29%	-1.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.63%	19.29%	-1.66%