HHIS.TO vs. MSTY

Last updated Apr 1, 2026

Compare and contrast key facts about Harvest Diversified High Income Shares ETF (HHIS.TO) and YieldMax™ MSTR Option Income Strategy ETF (MSTY).

HHIS.TO and MSTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HHIS.TO is an actively managed fund by Harvest. It was launched on Jan 16, 2025. MSTY is an actively managed fund by YieldMax. It was launched on Feb 21, 2024.

Performance

HHIS.TO vs. MSTY - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Diversified High Income Shares ETF (HHIS.TO) and YieldMax™ MSTR Option Income Strategy ETF (MSTY). The values are adjusted to include any dividend payments, if applicable.

HHIS.TO vs. MSTY - Yearly Performance Comparison

	2026 (YTD)	2025
HHIS.TO Harvest Diversified High Income Shares ETF	-14.58%	24.40%
MSTY YieldMax™ MSTR Option Income Strategy ETF	-12.41%	-54.00%

Different Trading Currencies

HHIS.TO is traded in CAD, while MSTY is traded in USD. To make them comparable, the MSTY values have been converted to CAD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with HHIS.TO having a -14.58% return and MSTY slightly higher at -14.43%.

HHIS.TO

• 1D: 1.84%
• 1M: -4.87%
• YTD: -14.58%
• 6M: -15.55%
• 1Y: 22.51%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MSTY

• 1D: 0.00%
• 1M: -2.04%
• YTD: -14.43%
• 6M: -55.32%
• 1Y: -51.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HHIS.TO vs. MSTY - Expense Ratio Comparison

HHIS.TO has a 0.00% expense ratio, which is lower than MSTY's 0.99% expense ratio.

MSTY

YieldMax™ MSTR Option Income Strategy ETF

HHIS.TO

Harvest Diversified High Income Shares ETF

Return for Risk

HHIS.TO vs. MSTY — Risk / Return Rank

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

HHIS.TO

HHIS.TO Risk / Return Rank: 41
HHIS.TO Sharpe Ratio Rank: 41
HHIS.TO Sortino Ratio Rank: 48
HHIS.TO Omega Ratio Rank: 45
HHIS.TO Calmar Ratio Rank: 41
HHIS.TO Martin Ratio Rank: 31

MSTY

MSTY Risk / Return Rank: 2
MSTY Sharpe Ratio Rank: 2
MSTY Sortino Ratio Rank: 2
MSTY Omega Ratio Rank: 2
MSTY Calmar Ratio Rank: 2
MSTY Martin Ratio Rank: 3

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.

HHIS.TO vs. MSTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harvest Diversified High Income Shares ETF (HHIS.TO) and YieldMax™ MSTR Option Income Strategy ETF (MSTY). 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.

	HHIS.TO	MSTY	Difference
Sharpe ratio Return per unit of total volatility	0.70	-0.82	+1.53
Sortino ratio Return per unit of downside risk	1.22	-1.18	+2.40
Omega ratio Gain probability vs. loss probability	1.16	0.86	+0.30
Calmar ratio Return relative to maximum drawdown	0.96	-0.72	+1.68
Martin ratio Return relative to average drawdown	2.58	-1.30	+3.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HHIS.TO vs. MSTY - Sharpe Ratio Comparison

The current HHIS.TO Sharpe Ratio is 0.70, which is higher than the MSTY Sharpe Ratio of -0.82. The chart below compares the historical Sharpe Ratios of HHIS.TO and MSTY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HHIS.TO	MSTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.70	-0.82	+1.53
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.30	-0.15

Correlation

The correlation between HHIS.TO and MSTY is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

HHIS.TO vs. MSTY - Dividend Comparison

HHIS.TO's dividend yield for the trailing twelve months is around 28.51%, less than MSTY's 298.73% yield.

	TTM	2025	2024
HHIS.TO Harvest Diversified High Income Shares ETF	28.51%	22.88%	0.00%
MSTY YieldMax™ MSTR Option Income Strategy ETF	298.73%	294.61%	104.56%

Drawdowns

HHIS.TO vs. MSTY - Drawdown Comparison

The maximum HHIS.TO drawdown since its inception was -31.83%, smaller than the maximum MSTY drawdown of -71.84%. Use the drawdown chart below to compare losses from any high point for HHIS.TO and MSTY.

Drawdown Indicators

	HHIS.TO	MSTY	Difference
Max Drawdown Largest peak-to-trough decline	-31.83%	-71.79%	+39.96%
Max Drawdown (1Y) Largest decline over 1 year	-24.43%	-71.79%	+47.36%
Current Drawdown Current decline from peak	-23.04%	-66.02%	+42.98%
Average Drawdown Average peak-to-trough decline	-8.76%	-23.37%	+14.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.10%	40.02%	-30.92%

Volatility

HHIS.TO vs. MSTY - Volatility Comparison

The current volatility for Harvest Diversified High Income Shares ETF (HHIS.TO) is 8.09%, while YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a volatility of 14.55%. This indicates that HHIS.TO experiences smaller price fluctuations and is considered to be less risky than MSTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HHIS.TO	MSTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.09%	14.55%	-6.46%
Volatility (6M) Calculated over the trailing 6-month period	18.73%	48.40%	-29.67%
Volatility (1Y) Calculated over the trailing 1-year period	32.23%	62.96%	-30.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.14%	71.67%	-36.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.14%	71.67%	-36.53%