HHIC.TO vs. CANY.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Harvest Canadian High Income Shares ETF (HHIC.TO) and Evolve Canadian Equity UltraYield ETF (CANY.TO).

HHIC.TO and CANY.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HHIC.TO is an actively managed fund by Harvest. It was launched on Aug 19, 2025. CANY.TO is an actively managed fund by Evolve. It was launched on Sep 17, 2025.

Performance

HHIC.TO vs. CANY.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Canadian High Income Shares ETF (HHIC.TO) and Evolve Canadian Equity UltraYield ETF (CANY.TO). The values are adjusted to include any dividend payments, if applicable.

HHIC.TO vs. CANY.TO - Yearly Performance Comparison

	2026 (YTD)	2025
HHIC.TO Harvest Canadian High Income Shares ETF	9.05%	8.35%
CANY.TO Evolve Canadian Equity UltraYield ETF	1.73%	5.75%

Returns By Period

In the year-to-date period, HHIC.TO achieves a 9.05% return, which is significantly higher than CANY.TO's 1.73% return.

HHIC.TO

• 1D: 0.77%
• 1M: -2.59%
• YTD: 9.05%
• 6M: 15.30%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CANY.TO

• 1D: 2.98%
• 1M: -1.92%
• YTD: 1.73%
• 6M: 6.64%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HHIC.TO vs. CANY.TO - Expense Ratio Comparison

Both HHIC.TO and CANY.TO have an expense ratio of 0.40%.

HHIC.TO

Harvest Canadian High Income Shares ETF

CANY.TO

Evolve Canadian Equity UltraYield ETF

Return for Risk

HHIC.TO vs. CANY.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harvest Canadian High Income Shares ETF (HHIC.TO) and Evolve Canadian Equity UltraYield ETF (CANY.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	HHIC.TO	CANY.TO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.79	0.83	+1.96

Correlation

The correlation between HHIC.TO and CANY.TO is 0.87, 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

HHIC.TO vs. CANY.TO - Dividend Comparison

HHIC.TO's dividend yield for the trailing twelve months is around 6.85%, less than CANY.TO's 11.28% yield.

	TTM	2025
HHIC.TO Harvest Canadian High Income Shares ETF	6.85%	4.77%
CANY.TO Evolve Canadian Equity UltraYield ETF	11.28%	5.87%

Drawdowns

HHIC.TO vs. CANY.TO - Drawdown Comparison

The maximum HHIC.TO drawdown since its inception was -7.26%, smaller than the maximum CANY.TO drawdown of -8.34%. Use the drawdown chart below to compare losses from any high point for HHIC.TO and CANY.TO.

Drawdown Indicators

	HHIC.TO	CANY.TO	Difference
Max Drawdown Largest peak-to-trough decline	-7.26%	-8.34%	+1.08%
Current Drawdown Current decline from peak	-4.18%	-3.83%	-0.35%
Average Drawdown Average peak-to-trough decline	-1.31%	-2.48%	+1.17%

Volatility

Volatility by Period

	HHIC.TO	CANY.TO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.25%	18.03%	-0.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.25%	18.03%	-0.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.25%	18.03%	-0.78%