HISU-U.TO vs. EBNK.TO

Last updated Apr 2, 2026

Compare and contrast key facts about Evolve US High Interest Savings Account Fund (HISU-U.TO) and Evolve European Banks Enhanced Yield ETF Hedged CAD (EBNK.TO).

HISU-U.TO and EBNK.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HISU-U.TO is an actively managed fund by Evolve. It was launched on Aug 30, 2022. EBNK.TO is an actively managed fund by Evolve. It was launched on Jan 7, 2022.

Performance

HISU-U.TO vs. EBNK.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Evolve US High Interest Savings Account Fund (HISU-U.TO) and Evolve European Banks Enhanced Yield ETF Hedged CAD (EBNK.TO). The values are adjusted to include any dividend payments, if applicable.

HISU-U.TO vs. EBNK.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
HISU-U.TO Evolve US High Interest Savings Account Fund	0.61%	2.97%	3.80%	3.89%	0.93%
EBNK.TO Evolve European Banks Enhanced Yield ETF Hedged CAD	-2.12%	67.80%	18.61%	23.58%	11.80%

Different Trading Currencies

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

Returns By Period

In the year-to-date period, HISU-U.TO achieves a 0.61% return, which is significantly higher than EBNK.TO's -2.12% return.

HISU-U.TO

• 1D: 0.01%
• 1M: 0.22%
• YTD: 0.61%
• 6M: 1.31%
• 1Y: 2.86%
• 3Y*: 3.47%
• 5Y*: —
• 10Y*: —

EBNK.TO

• 1D: 2.89%
• 1M: -3.55%
• YTD: -2.12%
• 6M: 10.03%
• 1Y: 35.25%
• 3Y*: 32.72%
• 5Y*: —
• 10Y*: —

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

HISU-U.TO vs. EBNK.TO - Expense Ratio Comparison

HISU-U.TO has a 0.15% expense ratio, which is lower than EBNK.TO's 0.60% expense ratio.

EBNK.TO

Evolve European Banks Enhanced Yield ETF Hedged CAD

HISU-U.TO

Evolve US High Interest Savings Account Fund

Return for Risk

HISU-U.TO vs. EBNK.TO — Risk / Return Rank

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

HISU-U.TO

HISU-U.TO Risk / Return Rank: 99
HISU-U.TO Sharpe Ratio Rank: 99
HISU-U.TO Sortino Ratio Rank: 99
HISU-U.TO Omega Ratio Rank: 99
HISU-U.TO Calmar Ratio Rank: 99
HISU-U.TO Martin Ratio Rank: 99

EBNK.TO

EBNK.TO Risk / Return Rank: 63
EBNK.TO Sharpe Ratio Rank: 59
EBNK.TO Sortino Ratio Rank: 63
EBNK.TO Omega Ratio Rank: 61
EBNK.TO Calmar Ratio Rank: 66
EBNK.TO Martin Ratio Rank: 68

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.

HISU-U.TO vs. EBNK.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Evolve US High Interest Savings Account Fund (HISU-U.TO) and Evolve European Banks Enhanced Yield ETF Hedged CAD (EBNK.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.

	HISU-U.TO	EBNK.TO	Difference
Sharpe ratio Return per unit of total volatility	7.82	1.17	+6.65
Sortino ratio Return per unit of downside risk	10.70	1.81	+8.89
Omega ratio Gain probability vs. loss probability	4.08	1.26	+2.82
Calmar ratio Return relative to maximum drawdown	32.17	2.07	+30.10
Martin ratio Return relative to average drawdown	124.56	8.24	+116.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HISU-U.TO vs. EBNK.TO - Sharpe Ratio Comparison

The current HISU-U.TO Sharpe Ratio is 7.82, which is higher than the EBNK.TO Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of HISU-U.TO and EBNK.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

	HISU-U.TO	EBNK.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	7.82	1.17	+6.65
Sharpe Ratio (All Time) Calculated using the full available price history	8.26	0.68	+7.58

Correlation

The correlation between HISU-U.TO and EBNK.TO is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

HISU-U.TO vs. EBNK.TO - Dividend Comparison

HISU-U.TO's dividend yield for the trailing twelve months is around 2.83%, less than EBNK.TO's 11.47% yield.

	TTM	2025	2024	2023	2022
HISU-U.TO Evolve US High Interest Savings Account Fund	2.83%	2.93%	3.70%	3.85%	0.90%
EBNK.TO Evolve European Banks Enhanced Yield ETF Hedged CAD	11.47%	11.05%	12.56%	7.32%	7.52%

Drawdowns

HISU-U.TO vs. EBNK.TO - Drawdown Comparison

The maximum HISU-U.TO drawdown since its inception was -0.12%, smaller than the maximum EBNK.TO drawdown of -31.84%. Use the drawdown chart below to compare losses from any high point for HISU-U.TO and EBNK.TO.

Drawdown Indicators

	HISU-U.TO	EBNK.TO	Difference
Max Drawdown Largest peak-to-trough decline	-0.12%	-31.02%	+30.90%
Max Drawdown (1Y) Largest decline over 1 year	-0.09%	-17.39%	+17.30%
Current Drawdown Current decline from peak	0.00%	-7.81%	+7.81%
Average Drawdown Average peak-to-trough decline	-0.01%	-7.56%	+7.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.02%	4.26%	-4.24%

Volatility

HISU-U.TO vs. EBNK.TO - Volatility Comparison

The current volatility for Evolve US High Interest Savings Account Fund (HISU-U.TO) is 0.09%, while Evolve European Banks Enhanced Yield ETF Hedged CAD (EBNK.TO) has a volatility of 10.15%. This indicates that HISU-U.TO experiences smaller price fluctuations and is considered to be less risky than EBNK.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HISU-U.TO	EBNK.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.09%	10.15%	-10.06%
Volatility (6M) Calculated over the trailing 6-month period	0.24%	15.78%	-15.54%
Volatility (1Y) Calculated over the trailing 1-year period	0.37%	30.15%	-29.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.41%	28.82%	-28.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.41%	28.82%	-28.41%