HHIS.TO vs. XEQT.TO
HHIS.TO (Harvest Diversified High Income Shares ETF) and XEQT.TO (iShares Core Equity ETF Portfolio) are both exchange-traded funds - HHIS.TO is a Derivative Income fund actively managed by Harvest, while XEQT.TO is a Global Equities fund actively managed by iShares. Both are actively managed. Over the past year, HHIS.TO returned 26.39% vs 29.47% for XEQT.TO. A 0.74 correlation means they provide meaningful diversification when combined. HHIS.TO charges 0.00%/yr vs 0.20%/yr for XEQT.TO.
Performance
HHIS.TO vs. XEQT.TO - Performance Comparison
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Returns By Period
In the year-to-date period, HHIS.TO achieves a 4.23% return, which is significantly lower than XEQT.TO's 12.26% return.
HHIS.TO
- 1D
- -0.18%
- 1M
- -2.59%
- YTD
- 4.23%
- 6M
- 3.47%
- 1Y
- 26.39%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XEQT.TO
- 1D
- 0.63%
- 1M
- 2.69%
- YTD
- 12.26%
- 6M
- 12.73%
- 1Y
- 29.47%
- 3Y*
- 21.81%
- 5Y*
- 13.69%
- 10Y*
- —
HHIS.TO vs. XEQT.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HHIS.TO Harvest Diversified High Income Shares ETF | 4.23% | 24.70% |
XEQT.TO iShares Core Equity ETF Portfolio | 12.26% | 19.86% |
Correlation
The correlation between HHIS.TO and XEQT.TO is 0.72, 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 | 0.72 |
Correlation (All Time) Calculated using the full available price history since Jan 16, 2025 | 0.74 |
The correlation between HHIS.TO and XEQT.TO has been stable across timeframes, ranging from 0.72 to 0.74 - a consistent structural relationship.
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Return for Risk
HHIS.TO vs. XEQT.TO — Risk / Return Rank
HHIS.TO
XEQT.TO
HHIS.TO vs. XEQT.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 iShares Core Equity ETF Portfolio (XEQT.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 | XEQT.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.32 | ||
| Sortino ratioReturn per unit of downside risk | -1.74 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.45 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 1.08 | 3.59 | -2.50 |
| Martin ratioReturn relative to average drawdown | 2.68 | 15.41 | -12.73 |
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Drawdowns
HHIS.TO vs. XEQT.TO - Drawdown Comparison
The maximum HHIS.TO drawdown since its inception was -31.83%, which is greater than XEQT.TO's maximum drawdown of -29.74%. Use the drawdown chart below to compare losses from any high point for HHIS.TO and XEQT.TO.
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Drawdown Indicators
| HHIS.TO | XEQT.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.83% | -29.74% | -2.09% |
Max Drawdown (1Y)Largest decline over 1 year | -24.43% | -8.25% | -16.18% |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.08% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.55% | — |
Current DrawdownCurrent decline from peak | -7.47% | -0.84% | -6.63% |
Average DrawdownAverage peak-to-trough decline | -8.64% | -4.09% | -4.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.86% | 1.92% | +7.94% |
Volatility
HHIS.TO vs. XEQT.TO - Volatility Comparison
Harvest Diversified High Income Shares ETF (HHIS.TO) has a higher volatility of 8.04% compared to iShares Core Equity ETF Portfolio (XEQT.TO) at 5.02%. This indicates that HHIS.TO's price experiences larger fluctuations and is considered to be riskier than XEQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HHIS.TO | XEQT.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.04% | 5.02% | +3.02% |
Volatility (6M)Calculated over the trailing 6-month period | 18.09% | 10.06% | +8.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.84% | 12.17% | +11.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.81% | 13.21% | +20.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.81% | 15.58% | +18.23% |
HHIS.TO vs. XEQT.TO - Expense Ratio Comparison
HHIS.TO has a 0.00% expense ratio, which is lower than XEQT.TO's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
HHIS.TO vs. XEQT.TO - Dividend Comparison
HHIS.TO's dividend yield for the trailing twelve months is around 27.93%, more than XEQT.TO's 1.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
HHIS.TO Harvest Diversified High Income Shares ETF | 27.93% | 22.88% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XEQT.TO iShares Core Equity ETF Portfolio | 1.48% | 1.66% | 2.03% | 2.09% | 2.14% | 1.66% | 1.69% | 1.21% |
Frequently Asked Questions
HHIS.TO and XEQT.TO have a correlation of 0.72, 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 0.20% for XEQT.TO.
HHIS.TO is categorized as Derivative Income, while XEQT.TO is Global Equities. They also come from different issuers: Harvest and iShares. Their fees differ too: 0.00% for HHIS.TO and 0.20% for XEQT.TO.
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