HFG.TO vs. HUTS.TO
HFG.TO (Hamilton Global Financials ETF) and HUTS.TO (Hamilton Enhanced Utilities ETF) are both exchange-traded funds - HFG.TO is a Financials Equities fund actively managed by Hamilton, while HUTS.TO is a Utilities Equities fund tracking the Solactive Canadian Utility Services High Dividend Index TR. HFG.TO is actively managed, while HUTS.TO is passively managed. Over the past 3 years, HFG.TO returned 25.28%/yr vs 14.62%/yr for HUTS.TO. At a 0.27 correlation, their price movements are largely independent.
Performance
HFG.TO vs. HUTS.TO - Performance Comparison
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Returns By Period
In the year-to-date period, HFG.TO achieves a 7.76% return, which is significantly lower than HUTS.TO's 17.34% return.
HFG.TO
- 1D
- 0.32%
- 1M
- 6.00%
- 6M
- 7.83%
- YTD
- 7.76%
- 1Y
- 17.10%
- 3Y*
- 25.28%
- 5Y*
- 15.43%
- 10Y*
- —
HUTS.TO
- 1D
- 0.51%
- 1M
- -2.78%
- 6M
- 16.83%
- YTD
- 17.34%
- 1Y
- 26.79%
- 3Y*
- 14.62%
- 5Y*
- —
- 10Y*
- —
HFG.TO vs. HUTS.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
HFG.TO Hamilton Global Financials ETF | 7.76% | 22.93% | 30.80% | 18.51% | 3.83% |
HUTS.TO Hamilton Enhanced Utilities ETF | 17.34% | 21.29% | 9.40% | -3.91% | -12.96% |
Correlation
The correlation between HFG.TO and HUTS.TO is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Sep 6, 2022 | 0.27 |
The correlation between HFG.TO and HUTS.TO shifts across timeframes, from -0.00 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
HFG.TO vs. HUTS.TO — Risk / Return Rank
HFG.TO
HUTS.TO
HFG.TO vs. HUTS.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hamilton Global Financials ETF (HFG.TO) and Hamilton Enhanced Utilities ETF (HUTS.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.
| HFG.TO | HUTS.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.33 | ||
| Sortino ratioReturn per unit of downside risk | -1.81 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.47 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.57 | 4.58 | -3.01 |
| Martin ratioReturn relative to average drawdown | 4.96 | 12.80 | -7.84 |
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Drawdowns
HFG.TO vs. HUTS.TO - Drawdown Comparison
The maximum HFG.TO drawdown since its inception was -42.71%, which is greater than HUTS.TO's maximum drawdown of -30.57%. Use the drawdown chart below to compare losses from any high point for HFG.TO and HUTS.TO.
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Drawdown Indicators
| HFG.TO | HUTS.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.71% | -30.57% | -12.14% |
Max Drawdown (1Y)Largest decline over 1 year | -10.95% | -5.87% | -5.08% |
Max Drawdown (3Y)Largest decline over 3 years | -13.64% | -18.98% | +5.34% |
Max Drawdown (5Y)Largest decline over 5 years | -20.20% | — | — |
Current DrawdownCurrent decline from peak | -0.54% | -3.19% | +2.65% |
Average DrawdownAverage peak-to-trough decline | -5.38% | -9.83% | +4.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.46% | 2.10% | +1.36% |
Volatility
HFG.TO vs. HUTS.TO - Volatility Comparison
The current volatility for Hamilton Global Financials ETF (HFG.TO) is 3.60%, while Hamilton Enhanced Utilities ETF (HUTS.TO) has a volatility of 4.45%. This indicates that HFG.TO experiences smaller price fluctuations and is considered to be less risky than HUTS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HFG.TO | HUTS.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.60% | 4.45% | -0.85% |
Volatility (6M)Calculated over the trailing 6-month period | 10.69% | 8.60% | +2.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.10% | 10.24% | +2.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.03% | 14.98% | +1.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.26% | 14.98% | +5.28% |
Dividends
HFG.TO vs. HUTS.TO - Dividend Comparison
HFG.TO's dividend yield for the trailing twelve months is around 2.40%, less than HUTS.TO's 5.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
HFG.TO Hamilton Global Financials ETF | 2.40% | 2.55% | 3.05% | 3.86% | 10.09% | 4.16% | 1.85% |
HUTS.TO Hamilton Enhanced Utilities ETF | 5.60% | 6.45% | 7.45% | 7.83% | 2.33% | 0.00% | 0.00% |
Frequently Asked Questions
HFG.TO and HUTS.TO have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HFG.TO is categorized as Financials Equities, while HUTS.TO is Utilities Equities.
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