HHL.TO vs. HUTE.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Harvest Healthcare Leaders Income ETF (HHL.TO) and Harvest Equal Weight Global Utilities Enhanced Income ETF (HUTE.TO).

HHL.TO and HUTE.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HHL.TO is an actively managed fund by Harvest. It was launched on Mar 10, 2020. HUTE.TO is an actively managed fund by Harvest. It was launched on Oct 25, 2022.

Performance

HHL.TO vs. HUTE.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Healthcare Leaders Income ETF (HHL.TO) and Harvest Equal Weight Global Utilities Enhanced Income ETF (HUTE.TO). The values are adjusted to include any dividend payments, if applicable.

HHL.TO vs. HUTE.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
HHL.TO Harvest Healthcare Leaders Income ETF	-7.66%	10.47%	3.87%	6.74%	6.17%
HUTE.TO Harvest Equal Weight Global Utilities Enhanced Income ETF	12.55%	19.04%	18.15%	0.09%	7.10%

Returns By Period

In the year-to-date period, HHL.TO achieves a -7.66% return, which is significantly lower than HUTE.TO's 12.55% return.

HHL.TO

• 1D: 0.00%
• 1M: -9.10%
• YTD: -7.66%
• 6M: 0.95%
• 1Y: -3.16%
• 3Y*: 4.50%
• 5Y*: 6.59%
• 10Y*: 7.30%

HUTE.TO

• 1D: -1.14%
• 1M: -2.25%
• YTD: 12.55%
• 6M: 13.89%
• 1Y: 21.46%
• 3Y*: 14.98%
• 5Y*: —
• 10Y*: —

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

HHL.TO vs. HUTE.TO - Expense Ratio Comparison

HHL.TO has a 0.85% expense ratio, which is higher than HUTE.TO's 0.50% expense ratio.

HHL.TO

Harvest Healthcare Leaders Income ETF

HUTE.TO

Harvest Equal Weight Global Utilities Enhanced Income ETF

Return for Risk

HHL.TO vs. HUTE.TO — Risk / Return Rank

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

HHL.TO

HHL.TO Risk / Return Rank: 8
HHL.TO Sharpe Ratio Rank: 8
HHL.TO Sortino Ratio Rank: 8
HHL.TO Omega Ratio Rank: 8
HHL.TO Calmar Ratio Rank: 8
HHL.TO Martin Ratio Rank: 8

HUTE.TO

HUTE.TO Risk / Return Rank: 81
HUTE.TO Sharpe Ratio Rank: 81
HUTE.TO Sortino Ratio Rank: 79
HUTE.TO Omega Ratio Rank: 82
HUTE.TO Calmar Ratio Rank: 82
HUTE.TO Martin Ratio Rank: 83

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.

HHL.TO vs. HUTE.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harvest Healthcare Leaders Income ETF (HHL.TO) and Harvest Equal Weight Global Utilities Enhanced Income ETF (HUTE.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.

	HHL.TO	HUTE.TO	Difference
Sharpe ratio Return per unit of total volatility	-0.19	1.55	-1.73
Sortino ratio Return per unit of downside risk	-0.15	2.04	-2.19
Omega ratio Gain probability vs. loss probability	0.98	1.32	-0.33
Calmar ratio Return relative to maximum drawdown	-0.22	2.37	-2.59
Martin ratio Return relative to average drawdown	-0.42	9.38	-9.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HHL.TO vs. HUTE.TO - Sharpe Ratio Comparison

The current HHL.TO Sharpe Ratio is -0.19, which is lower than the HUTE.TO Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of HHL.TO and HUTE.TO, 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

	HHL.TO	HUTE.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.19	1.55	-1.73
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	1.17	-0.83

Correlation

The correlation between HHL.TO and HUTE.TO is 0.31, 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

HHL.TO vs. HUTE.TO - Dividend Comparison

HHL.TO's dividend yield for the trailing twelve months is around 10.30%, more than HUTE.TO's 8.09% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HHL.TO Harvest Healthcare Leaders Income ETF	10.30%	9.36%	9.27%	8.71%	8.51%	7.91%	9.02%	8.65%	9.00%	8.45%	8.83%	8.19%
HUTE.TO Harvest Equal Weight Global Utilities Enhanced Income ETF	8.09%	9.64%	10.24%	10.70%	1.61%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

HHL.TO vs. HUTE.TO - Drawdown Comparison

The maximum HHL.TO drawdown since its inception was -26.70%, which is greater than HUTE.TO's maximum drawdown of -18.36%. Use the drawdown chart below to compare losses from any high point for HHL.TO and HUTE.TO.

Drawdown Indicators

	HHL.TO	HUTE.TO	Difference
Max Drawdown Largest peak-to-trough decline	-26.70%	-18.36%	-8.34%
Max Drawdown (1Y) Largest decline over 1 year	-10.87%	-9.03%	-1.84%
Max Drawdown (5Y) Largest decline over 5 years	-16.01%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-26.70%	—	—
Current Drawdown Current decline from peak	-10.68%	-2.57%	-8.11%
Average Drawdown Average peak-to-trough decline	-6.17%	-3.94%	-2.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.57%	2.29%	+3.28%

Volatility

HHL.TO vs. HUTE.TO - Volatility Comparison

The current volatility for Harvest Healthcare Leaders Income ETF (HHL.TO) is 3.96%, while Harvest Equal Weight Global Utilities Enhanced Income ETF (HUTE.TO) has a volatility of 4.61%. This indicates that HHL.TO experiences smaller price fluctuations and is considered to be less risky than HUTE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HHL.TO	HUTE.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.96%	4.61%	-0.65%
Volatility (6M) Calculated over the trailing 6-month period	9.59%	7.87%	+1.72%
Volatility (1Y) Calculated over the trailing 1-year period	16.87%	13.94%	+2.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.84%	14.26%	-0.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.72%	14.26%	+1.46%