HHIS.TO vs. QDTY

Last updated Jun 4, 2026

HHIS.TO (Harvest Diversified High Income Shares ETF) and QDTY (YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF) are both exchange-traded funds - HHIS.TO is a Derivative Income fund actively managed by Harvest, while QDTY is a Nasdaq-100 fund actively managed by YieldMax. Both are actively managed. Over the past year, HHIS.TO returned 31.98% vs 41.79% for QDTY. A 0.73 correlation means they provide meaningful diversification when combined. HHIS.TO charges 0.00%/yr vs 1.01%/yr for QDTY.

Performance

HHIS.TO vs. QDTY - 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 Nasdaq 100 0DTE Covered Call Strategy ETF (QDTY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, HHIS.TO achieves a 9.32% return, which is significantly lower than QDTY's 17.85% return.

HHIS.TO

• 1D: -1.25%
• 1M: 7.52%
• YTD: 9.32%
• 6M: 4.61%
• 1Y: 31.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QDTY

• 1D: 0.47%
• 1M: 11.81%
• YTD: 17.85%
• 6M: 16.26%
• 1Y: 41.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HHIS.TO vs. QDTY - Yearly Performance Comparison

	2026 (YTD)	2025
HHIS.TO Harvest Diversified High Income Shares ETF	9.32%	14.93%
QDTY YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF	17.85%	7.69%

Correlation

The correlation between HHIS.TO and QDTY is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (All Time) Calculated using the full available price history since Feb 14, 2025	0.73

The correlation between HHIS.TO and QDTY has been stable across timeframes, ranging from 0.70 to 0.73 - a consistent structural relationship.

Return for Risk

HHIS.TO vs. QDTY — 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: 32
HHIS.TO Sharpe Ratio Rank: 38
HHIS.TO Sortino Ratio Rank: 35
HHIS.TO Omega Ratio Rank: 36
HHIS.TO Calmar Ratio Rank: 27
HHIS.TO Martin Ratio Rank: 24

QDTY

QDTY Risk / Return Rank: 75
QDTY Sharpe Ratio Rank: 80
QDTY Sortino Ratio Rank: 75
QDTY Omega Ratio Rank: 76
QDTY Calmar Ratio Rank: 72
QDTY Martin Ratio Rank: 71

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. QDTY - 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 Nasdaq 100 0DTE Covered Call Strategy ETF (QDTY). 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	QDTY	Difference
Sharpe ratio: Return per unit of total volatility	1.38	2.81	-1.44
Sortino ratio: Return per unit of downside risk	1.89	3.61	-1.71
Omega ratio: Gain probability vs. loss probability	1.24	1.50	-0.26
Calmar ratio: Return relative to maximum drawdown	1.31	4.22	-2.91
Martin ratio: Return relative to average drawdown	3.27	13.18	-9.90
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. QDTY - Sharpe Ratio Comparison

The current HHIS.TO Sharpe Ratio is 1.38, which is lower than the QDTY Sharpe Ratio of 2.81. The chart below compares the historical Sharpe Ratios of HHIS.TO and QDTY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HHIS.TO	QDTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.38	2.81	-1.44
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	0.80	-0.05

Drawdowns

HHIS.TO vs. QDTY - Drawdown Comparison

The maximum HHIS.TO drawdown since its inception was -31.83%, which is greater than QDTY's maximum drawdown of -25.56%. Use the drawdown chart below to compare losses from any high point for HHIS.TO and QDTY.

Drawdown Indicators

	HHIS.TO	QDTY	Difference
Max Drawdown Largest peak-to-trough decline	-31.83%	-25.56%	-6.27%
Max Drawdown (1Y) Largest decline over 1 year	-24.43%	-9.95%	-14.48%
Current Drawdown Current decline from peak	-2.95%	0.00%	-2.95%
Average Drawdown Average peak-to-trough decline	-8.70%	-5.41%	-3.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.79%	3.18%	+6.61%

Volatility

HHIS.TO vs. QDTY - Volatility Comparison

Harvest Diversified High Income Shares ETF (HHIS.TO) has a higher volatility of 5.51% compared to YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF (QDTY) at 3.30%. This indicates that HHIS.TO's price experiences larger fluctuations and is considered to be riskier than QDTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HHIS.TO	QDTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.51%	3.30%	+2.21%
Volatility (6M) Calculated over the trailing 6-month period	16.97%	11.44%	+5.53%
Volatility (1Y) Calculated over the trailing 1-year period	23.36%	14.94%	+8.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.78%	25.43%	+8.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.78%	25.43%	+8.35%

HHIS.TO vs. QDTY - Expense Ratio Comparison

HHIS.TO has a 0.00% expense ratio, which is lower than QDTY's 1.01% expense ratio.

Dividends

HHIS.TO vs. QDTY - Dividend Comparison

HHIS.TO's dividend yield for the trailing twelve months is around 26.63%, less than QDTY's 30.90% yield.

Position	TTM	2025
HHIS.TO Harvest Diversified High Income Shares ETF	26.63%	22.88%
QDTY YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF	30.90%	26.82%

Frequently Asked Questions

Can I hold both HHIS.TO and QDTY in my portfolio?

HHIS.TO and QDTY have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HHIS.TO or QDTY?

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.

Which ETF is cheaper, HHIS.TO or QDTY?

HHIS.TO is cheaper with a 0.00% expense ratio, compared with 1.01% for QDTY.

What is the main difference between HHIS.TO and QDTY?

HHIS.TO is categorized as Derivative Income, while QDTY is Nasdaq-100. They also come from different issuers: Harvest and YieldMax. Their fees differ too: 0.00% for HHIS.TO and 1.01% for QDTY.