HHIC.TO vs. HPYE.TO

Last updated Jun 14, 2026

HHIC.TO (Harvest Canadian High Income Shares ETF) and HPYE.TO (Harvest Premium Yield Enhanced ETF) are both exchange-traded funds - HHIC.TO is a Canada Equities fund actively managed by Harvest, while HPYE.TO is a Derivative Income fund actively managed by Harvest Portfolios Group. Both are actively managed. At a 0.48 correlation, their price movements are largely independent. HHIC.TO charges 0.40%/yr vs 0.65%/yr for HPYE.TO.

Performance

HHIC.TO vs. HPYE.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 Harvest Premium Yield Enhanced ETF (HPYE.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HHIC.TO

• 1D: 0.93%
• 1M: 2.73%
• YTD: 12.03%
• 6M: 13.19%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HPYE.TO

• 1D: 0.36%
• 1M: 3.48%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

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

	2026 (YTD)
HHIC.TO Harvest Canadian High Income Shares ETF	6.03%
HPYE.TO Harvest Premium Yield Enhanced ETF	10.60%

Correlation

The correlation between HHIC.TO and HPYE.TO is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 21, 2026	0.48

Return for Risk

HHIC.TO vs. HPYE.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 Harvest Premium Yield Enhanced ETF (HPYE.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.

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

Drawdowns

HHIC.TO vs. HPYE.TO - Drawdown Comparison

The maximum HHIC.TO drawdown since its inception was -7.30%, which is greater than HPYE.TO's maximum drawdown of -5.51%. Use the drawdown chart below to compare losses from any high point for HHIC.TO and HPYE.TO.

Drawdown Indicators

	HHIC.TO	HPYE.TO	Difference
Max Drawdown Largest peak-to-trough decline	-7.30%	-5.51%	-1.79%
Current Drawdown Current decline from peak	-2.35%	-0.52%	-1.83%
Average Drawdown Average peak-to-trough decline	-1.52%	-1.35%	-0.17%

Volatility

Volatility by Period

	HHIC.TO	HPYE.TO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	16.93%	12.90%	+4.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.93%	12.90%	+4.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.93%	12.90%	+4.03%

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

HHIC.TO has a 0.40% expense ratio, which is lower than HPYE.TO's 0.65% expense ratio.

Dividends

HHIC.TO vs. HPYE.TO - Dividend Comparison

HHIC.TO's dividend yield for the trailing twelve months is around 11.06%, more than HPYE.TO's 5.06% yield.

Position	TTM	2025
HHIC.TO Harvest Canadian High Income Shares ETF	11.06%	4.77%
HPYE.TO Harvest Premium Yield Enhanced ETF	5.06%	0.00%

Frequently Asked Questions

Can I hold both HHIC.TO and HPYE.TO in my portfolio?

HHIC.TO and HPYE.TO have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HHIC.TO or HPYE.TO?

On fees, HHIC.TO is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HHIC.TO or HPYE.TO?

HHIC.TO is cheaper with a 0.40% expense ratio, compared with 0.65% for HPYE.TO.

What is the main difference between HHIC.TO and HPYE.TO?

HHIC.TO is categorized as Canada Equities, while HPYE.TO is Derivative Income. They also come from different issuers: Harvest and Harvest Portfolios Group. Their fees differ too: 0.40% for HHIC.TO and 0.65% for HPYE.TO.