HHIH.TO vs. HBIL.TO

Last updated Apr 2, 2026

Compare and contrast key facts about Harvest High Income Equity Shares ETF Class A Units (HHIH.TO) and Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedged) (HBIL.TO).

HHIH.TO and HBIL.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HHIH.TO is an actively managed fund by Harvest. It was launched on Aug 15, 2025. HBIL.TO is an actively managed fund by Hamilton Capital. It was launched on Sep 12, 2024.

Performance

HHIH.TO vs. HBIL.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest High Income Equity Shares ETF Class A Units (HHIH.TO) and Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedged) (HBIL.TO). The values are adjusted to include any dividend payments, if applicable.

HHIH.TO vs. HBIL.TO - Yearly Performance Comparison

	2026 (YTD)	2025
HHIH.TO Harvest High Income Equity Shares ETF Class A Units	-7.69%	5.92%
HBIL.TO Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedged)	0.12%	1.22%

Returns By Period

In the year-to-date period, HHIH.TO achieves a -7.69% return, which is significantly lower than HBIL.TO's 0.12% return.

HHIH.TO

• 1D: 1.40%
• 1M: -0.24%
• YTD: -7.69%
• 6M: -9.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HBIL.TO

• 1D: -0.21%
• 1M: -0.64%
• YTD: 0.12%
• 6M: 0.42%
• 1Y: 1.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HHIH.TO vs. HBIL.TO - Expense Ratio Comparison

HHIH.TO has a 0.40% expense ratio, which is higher than HBIL.TO's 0.35% expense ratio.

HHIH.TO

Harvest High Income Equity Shares ETF Class A Units

HBIL.TO

Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedged)

Return for Risk

HHIH.TO vs. HBIL.TO — Risk / Return Rank

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

HBIL.TO

HBIL.TO Risk / Return Rank: 42
HBIL.TO Sharpe Ratio Rank: 45
HBIL.TO Sortino Ratio Rank: 42
HBIL.TO Omega Ratio Rank: 38
HBIL.TO Calmar Ratio Rank: 48
HBIL.TO Martin Ratio Rank: 38

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.

HHIH.TO vs. HBIL.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harvest High Income Equity Shares ETF Class A Units (HHIH.TO) and Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedged) (HBIL.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

	HHIH.TO	HBIL.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.17	0.55	-0.72

Correlation

The correlation between HHIH.TO and HBIL.TO is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

HHIH.TO vs. HBIL.TO - Dividend Comparison

HHIH.TO's dividend yield for the trailing twelve months is around 12.75%, more than HBIL.TO's 7.06% yield.

	TTM	2025	2024
HHIH.TO Harvest High Income Equity Shares ETF Class A Units	12.75%	6.37%	0.00%
HBIL.TO Hamilton U.S. T-Bill YIELD MAXIMIZER ETF (CAD Hedged)	7.06%	7.49%	2.58%

Drawdowns

HHIH.TO vs. HBIL.TO - Drawdown Comparison

The maximum HHIH.TO drawdown since its inception was -19.68%, which is greater than HBIL.TO's maximum drawdown of -1.69%. Use the drawdown chart below to compare losses from any high point for HHIH.TO and HBIL.TO.

Drawdown Indicators

	HHIH.TO	HBIL.TO	Difference
Max Drawdown Largest peak-to-trough decline	-19.68%	-1.69%	-17.99%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.30%	—
Current Drawdown Current decline from peak	-15.17%	-0.78%	-14.39%
Average Drawdown Average peak-to-trough decline	-6.94%	-0.48%	-6.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.45%	—

Volatility

Volatility by Period

	HHIH.TO	HBIL.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.72%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.13%	—
Volatility (1Y) Calculated over the trailing 1-year period	21.26%	1.85%	+19.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.26%	2.05%	+19.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.26%	2.05%	+19.21%