HHIC.TO vs. HUTS.TO

Last updated Jun 14, 2026

HHIC.TO (Harvest Canadian High Income Shares ETF) and HUTS.TO (Hamilton Enhanced Utilities ETF) are both exchange-traded funds - HHIC.TO is a Canada Equities fund actively managed by Harvest, while HUTS.TO is a Utilities Equities fund tracking the Solactive Canadian Utility Services High Dividend Index TR. HHIC.TO is actively managed, while HUTS.TO is passively managed. At a 0.07 correlation, their price movements are largely independent. HHIC.TO charges 0.40%/yr vs 2.06%/yr for HUTS.TO.

Performance

HHIC.TO vs. HUTS.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 Hamilton Enhanced Utilities ETF (HUTS.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HHIC.TO achieves a 12.03% return, which is significantly lower than HUTS.TO's 20.32% return.

HHIC.TO

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

HUTS.TO

• 1D: -0.73%
• 1M: 4.35%
• YTD: 20.32%
• 6M: 21.83%
• 1Y: 35.24%
• 3Y*: 14.74%
• 5Y*: —
• 10Y*: —

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

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

	2026 (YTD)	2025
HHIC.TO Harvest Canadian High Income Shares ETF	12.03%	16.60%
HUTS.TO Hamilton Enhanced Utilities ETF	20.32%	3.34%

Correlation

The correlation between HHIC.TO and HUTS.TO is 0.07, 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 (All Time) Calculated using the full available price history since Aug 21, 2025	0.07

HHIC.TO vs. HUTS.TO - Sectors Allocation Comparison

Sectors	HHIC.TO	HUTS.TO
Energy	34.8%	35.1%
Financial Services	32.7%	-
Basic Materials	11.3%	-
Technology	11.0%	-
Communication Services	10.2%	23.6%
Consumer Cyclical	-	-
Consumer Defensive	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	41.3%

Return for Risk

HHIC.TO vs. HUTS.TO — Risk / Return Rank

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

HHIC.TO

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

HUTS.TO

HUTS.TO Risk / Return Rank: 94
HUTS.TO Sharpe Ratio Rank: 96
HUTS.TO Sortino Ratio Rank: 96
HUTS.TO Omega Ratio Rank: 95
HUTS.TO Calmar Ratio Rank: 93
HUTS.TO Martin Ratio Rank: 91

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.

HHIC.TO vs. HUTS.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 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.

	HHIC.TO	HUTS.TO	Difference
Sharpe ratio: Return per unit of total volatility	—	3.70	—
Sortino ratio: Return per unit of downside risk	—	5.25	—
Omega ratio: Gain probability vs. loss probability	—	1.68	—
Calmar ratio: Return relative to maximum drawdown	—	6.06	—
Martin ratio: Return relative to average drawdown	—	19.00	—

Drawdowns

HHIC.TO vs. HUTS.TO - Drawdown Comparison

The maximum HHIC.TO drawdown since its inception was -7.30%, smaller than the maximum HUTS.TO drawdown of -30.57%. Use the drawdown chart below to compare losses from any high point for HHIC.TO and HUTS.TO.

Drawdown Indicators

	HHIC.TO	HUTS.TO	Difference
Max Drawdown Largest peak-to-trough decline	-7.30%	-30.57%	+23.27%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.84%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-20.25%	—
Current Drawdown Current decline from peak	-2.35%	-0.73%	-1.62%
Average Drawdown Average peak-to-trough decline	-1.52%	-9.99%	+8.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.86%	—

Volatility

Volatility by Period

	HHIC.TO	HUTS.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.41%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.73%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.93%	9.58%	+7.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.93%	14.98%	+1.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.93%	14.98%	+1.95%

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

HHIC.TO has a 0.40% expense ratio, which is lower than HUTS.TO's 2.06% expense ratio.

Dividends

HHIC.TO vs. HUTS.TO - Dividend Comparison

HHIC.TO's dividend yield for the trailing twelve months is around 11.06%, more than HUTS.TO's 5.43% yield.

Position	TTM	2025	2024	2023	2022
HHIC.TO Harvest Canadian High Income Shares ETF	11.06%	4.77%	0.00%	0.00%	0.00%
HUTS.TO Hamilton Enhanced Utilities ETF	5.43%	6.45%	7.45%	7.83%	2.33%

Frequently Asked Questions

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

HHIC.TO and HUTS.TO have a correlation of 0.07, 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 HUTS.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 HUTS.TO?

HHIC.TO is cheaper with a 0.40% expense ratio, compared with 2.06% for HUTS.TO.

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

HHIC.TO is categorized as Canada Equities, while HUTS.TO is Utilities Equities. They also come from different issuers: Harvest and Hamilton. Their fees differ too: 0.40% for HHIC.TO and 2.06% for HUTS.TO.