HHIS.TO vs. HUTS.TO
HHIS.TO (Harvest Diversified High Income Shares ETF) and HUTS.TO (Hamilton Enhanced Utilities ETF) are both exchange-traded funds - HHIS.TO is a Derivative Income fund actively managed by Harvest, while HUTS.TO is a Utilities Equities fund tracking the Solactive Canadian Utility Services High Dividend Index TR. HHIS.TO is actively managed, while HUTS.TO is passively managed. Over the past year, HHIS.TO returned 27.04% vs 35.24% for HUTS.TO. At a correlation of -0.06, they often move in opposite directions. HHIS.TO charges 0.00%/yr vs 2.06%/yr for HUTS.TO.
Performance
HHIS.TO vs. HUTS.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HHIS.TO achieves a 4.23% return, which is significantly lower than HUTS.TO's 20.32% return.
HHIS.TO
- 1D
- -0.18%
- 1M
- -2.83%
- YTD
- 4.23%
- 6M
- 3.47%
- 1Y
- 27.04%
- 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*
- —
HHIS.TO vs. HUTS.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HHIS.TO Harvest Diversified High Income Shares ETF | 4.23% | 24.70% |
HUTS.TO Hamilton Enhanced Utilities ETF | 20.32% | 24.22% |
Correlation
The correlation between HHIS.TO and HUTS.TO is -0.21, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.21 |
Correlation (All Time) Calculated using the full available price history since Jan 16, 2025 | -0.06 |
The correlation between HHIS.TO and HUTS.TO shifts across timeframes, from -0.21 (1 year) to -0.06 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HHIS.TO vs. HUTS.TO — Risk / Return Rank
HHIS.TO
HUTS.TO
HHIS.TO vs. HUTS.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Harvest Diversified High Income Shares ETF (HHIS.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.
| HHIS.TO | HUTS.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.59 | ||
| Sortino ratioReturn per unit of downside risk | -3.67 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.68 | -0.48 |
| Calmar ratioReturn relative to maximum drawdown | 1.08 | 6.06 | -4.98 |
| Martin ratioReturn relative to average drawdown | 2.68 | 19.00 | -16.32 |
Loading charts...
Drawdowns
HHIS.TO vs. HUTS.TO - Drawdown Comparison
The maximum HHIS.TO drawdown since its inception was -31.83%, roughly equal to the maximum HUTS.TO drawdown of -30.57%. Use the drawdown chart below to compare losses from any high point for HHIS.TO and HUTS.TO.
Loading charts...
Drawdown Indicators
| HHIS.TO | HUTS.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.83% | -30.57% | -1.26% |
Max Drawdown (1Y)Largest decline over 1 year | -24.43% | -5.84% | -18.59% |
Max Drawdown (3Y)Largest decline over 3 years | — | -20.25% | — |
Current DrawdownCurrent decline from peak | -7.47% | -0.73% | -6.74% |
Average DrawdownAverage peak-to-trough decline | -8.64% | -9.99% | +1.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.86% | 1.86% | +8.00% |
Volatility
HHIS.TO vs. HUTS.TO - Volatility Comparison
Harvest Diversified High Income Shares ETF (HHIS.TO) has a higher volatility of 8.04% compared to Hamilton Enhanced Utilities ETF (HUTS.TO) at 3.41%. This indicates that HHIS.TO's price experiences larger fluctuations and is considered to be riskier than HUTS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HHIS.TO | HUTS.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.04% | 3.41% | +4.63% |
Volatility (6M)Calculated over the trailing 6-month period | 18.09% | 7.73% | +10.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.84% | 9.58% | +14.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.81% | 14.98% | +18.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.81% | 14.98% | +18.83% |
HHIS.TO vs. HUTS.TO - Expense Ratio Comparison
HHIS.TO has a 0.00% expense ratio, which is lower than HUTS.TO's 2.06% expense ratio.
Dividends
HHIS.TO vs. HUTS.TO - Dividend Comparison
HHIS.TO's dividend yield for the trailing twelve months is around 27.93%, more than HUTS.TO's 5.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
HHIS.TO Harvest Diversified High Income Shares ETF | 27.93% | 22.88% | 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
HHIS.TO and HUTS.TO have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HHIS.TO is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HHIS.TO is cheaper with a 0.00% expense ratio, compared with 2.06% for HUTS.TO.
HHIS.TO is categorized as Derivative Income, while HUTS.TO is Utilities Equities. They also come from different issuers: Harvest and Hamilton. Their fees differ too: 0.00% for HHIS.TO and 2.06% for HUTS.TO.
Find the right allocation for HHIS.TO and HUTS.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer