HISU-U.TO vs. HEI

Last updated Jun 5, 2026

HISU-U.TO (Evolve US High Interest Savings Account Fund) is Money Market fund actively managed by Evolve, while HEI (HEICO Corporation) is a stock. Over the past 3 years, HISU-U.TO returned 3.38%/yr vs 28.54%/yr for HEI. At a correlation of -0.04, they often move in opposite directions.

Performance

HISU-U.TO vs. HEI - 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 HEICO Corporation (HEI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HISU-U.TO achieves a 1.05% return, which is significantly lower than HEI's 2.94% return.

HISU-U.TO

• 1D: 0.01%
• 1M: 0.20%
• YTD: 1.05%
• 6M: 1.26%
• 1Y: 2.76%
• 3Y*: 3.38%
• 5Y*: —
• 10Y*: —

HEI

• 1D: 1.17%
• 1M: 20.06%
• YTD: 2.94%
• 6M: 5.53%
• 1Y: 11.05%
• 3Y*: 28.54%
• 5Y*: 17.93%
• 10Y*: 25.58%

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

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

	2026 (YTD)	2025	2024	2023	2022
HISU-U.TO Evolve US High Interest Savings Account Fund	1.05%	2.97%	3.80%	3.89%	0.93%
HEI HEICO Corporation	2.94%	36.22%	33.05%	16.56%	0.54%

Correlation

The correlation between HISU-U.TO and HEI is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.03
Correlation (3Y) Calculated over the trailing 3-year period	-0.01
Correlation (All Time) Calculated using the full available price history since Aug 31, 2022	-0.04

Return for Risk

HISU-U.TO vs. HEI — 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

HEI

HEI Risk / Return Rank: 51
HEI Sharpe Ratio Rank: 54
HEI Sortino Ratio Rank: 48
HEI Omega Ratio Rank: 48
HEI Calmar Ratio Rank: 52
HEI Martin Ratio Rank: 53

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. HEI - 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 HEICO Corporation (HEI). 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	HEI	Difference
Sharpe ratio: Return per unit of total volatility	7.76	0.34	+7.42
Sortino ratio: Return per unit of downside risk	10.56	0.73	+9.84
Omega ratio: Gain probability vs. loss probability	4.05	1.09	+2.96
Calmar ratio: Return relative to maximum drawdown	31.52	0.41	+31.11
Martin ratio: Return relative to average drawdown	122.59	1.00	+121.60
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. HEI - Sharpe Ratio Comparison

The current HISU-U.TO Sharpe Ratio is 7.76, which is higher than the HEI Sharpe Ratio of 0.34. The chart below compares the historical Sharpe Ratios of HISU-U.TO and HEI, 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

	HISU-U.TO	HEI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	7.76	0.34	+7.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.65	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.84	—
Sharpe Ratio (All Time) Calculated using the full available price history	8.23	0.52	+7.72

Drawdowns

HISU-U.TO vs. HEI - Drawdown Comparison

The maximum HISU-U.TO drawdown since its inception was -0.12%, smaller than the maximum HEI drawdown of -75.50%. Use the drawdown chart below to compare losses from any high point for HISU-U.TO and HEI.

Drawdown Indicators

	HISU-U.TO	HEI	Difference
Max Drawdown Largest peak-to-trough decline	-0.12%	-75.50%	+75.38%
Max Drawdown (1Y) Largest decline over 1 year	-0.09%	-27.11%	+27.02%
Max Drawdown (3Y) Largest decline over 3 years	-0.12%	-27.11%	+26.99%
Max Drawdown (5Y) Largest decline over 5 years	—	-27.11%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-57.73%	—
Current Drawdown Current decline from peak	-0.01%	-7.00%	+6.99%
Average Drawdown Average peak-to-trough decline	-0.01%	-19.96%	+19.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.02%	11.11%	-11.09%

Volatility

HISU-U.TO vs. HEI - Volatility Comparison

The current volatility for Evolve US High Interest Savings Account Fund (HISU-U.TO) is 0.10%, while HEICO Corporation (HEI) has a volatility of 14.84%. This indicates that HISU-U.TO experiences smaller price fluctuations and is considered to be less risky than HEI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HISU-U.TO	HEI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.10%	14.84%	-14.74%
Volatility (6M) Calculated over the trailing 6-month period	0.23%	27.16%	-26.93%
Volatility (1Y) Calculated over the trailing 1-year period	0.36%	32.64%	-32.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.41%	27.57%	-27.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.41%	30.60%	-30.19%

Dividends

HISU-U.TO vs. HEI - Dividend Comparison

HISU-U.TO's dividend yield for the trailing twelve months is around 2.74%, more than HEI's 0.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HEI HEICO Corporation	0.07%	0.07%	0.09%	0.11%	0.12%	0.12%	0.12%	0.12%	0.14%	0.08%	0.22%	0.28%
HISU-U.TO Evolve US High Interest Savings Account Fund	2.74%	2.93%	3.70%	3.85%	0.90%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HISU-U.TO and HEI in my portfolio?

HISU-U.TO and HEI have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.