HLIF.TO vs. GLCC.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Harvest Canadian Equity Income Leaders ETF Class A (HLIF.TO) and Global X Gold Producer Equity Covered Call ETF (GLCC.TO).

HLIF.TO and GLCC.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HLIF.TO is an actively managed fund by Harvest. It was launched on Jun 8, 2022. GLCC.TO is an actively managed fund by Global X. It was launched on Apr 11, 2011.

Performance

HLIF.TO vs. GLCC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Canadian Equity Income Leaders ETF Class A (HLIF.TO) and Global X Gold Producer Equity Covered Call ETF (GLCC.TO). The values are adjusted to include any dividend payments, if applicable.

HLIF.TO vs. GLCC.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
HLIF.TO Harvest Canadian Equity Income Leaders ETF Class A	8.54%	25.43%	17.21%	6.13%	-2.86%
GLCC.TO Global X Gold Producer Equity Covered Call ETF	5.98%	137.43%	20.18%	6.19%	1.95%

Returns By Period

In the year-to-date period, HLIF.TO achieves a 8.54% return, which is significantly higher than GLCC.TO's 5.98% return.

HLIF.TO

• 1D: 0.63%
• 1M: -0.08%
• YTD: 8.54%
• 6M: 16.08%
• 1Y: 32.42%
• 3Y*: 17.88%
• 5Y*: —
• 10Y*: —

GLCC.TO

• 1D: 5.95%
• 1M: -18.48%
• YTD: 5.98%
• 6M: 20.90%
• 1Y: 86.11%
• 3Y*: 43.56%
• 5Y*: 25.34%
• 10Y*: 17.68%

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

HLIF.TO vs. GLCC.TO - Expense Ratio Comparison

Both HLIF.TO and GLCC.TO have an expense ratio of 0.79%.

HLIF.TO

Harvest Canadian Equity Income Leaders ETF Class A

GLCC.TO

Global X Gold Producer Equity Covered Call ETF

Return for Risk

HLIF.TO vs. GLCC.TO — Risk / Return Rank

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

HLIF.TO

HLIF.TO Risk / Return Rank: 97
HLIF.TO Sharpe Ratio Rank: 98
HLIF.TO Sortino Ratio Rank: 98
HLIF.TO Omega Ratio Rank: 98
HLIF.TO Calmar Ratio Rank: 94
HLIF.TO Martin Ratio Rank: 98

GLCC.TO

GLCC.TO Risk / Return Rank: 90
GLCC.TO Sharpe Ratio Rank: 92
GLCC.TO Sortino Ratio Rank: 88
GLCC.TO Omega Ratio Rank: 89
GLCC.TO Calmar Ratio Rank: 91
GLCC.TO Martin Ratio Rank: 91

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.

HLIF.TO vs. GLCC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harvest Canadian Equity Income Leaders ETF Class A (HLIF.TO) and Global X Gold Producer Equity Covered Call ETF (GLCC.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.

	HLIF.TO	GLCC.TO	Difference
Sharpe ratio Return per unit of total volatility	3.42	2.10	+1.32
Sortino ratio Return per unit of downside risk	4.29	2.39	+1.91
Omega ratio Gain probability vs. loss probability	1.79	1.36	+0.43
Calmar ratio Return relative to maximum drawdown	3.89	3.04	+0.84
Martin ratio Return relative to average drawdown	23.88	11.66	+12.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HLIF.TO vs. GLCC.TO - Sharpe Ratio Comparison

The current HLIF.TO Sharpe Ratio is 3.42, which is higher than the GLCC.TO Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of HLIF.TO and GLCC.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

	HLIF.TO	GLCC.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.42	2.10	+1.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.82	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.56	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.33	0.00	+1.33

Correlation

The correlation between HLIF.TO and GLCC.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

HLIF.TO vs. GLCC.TO - Dividend Comparison

HLIF.TO's dividend yield for the trailing twelve months is around 5.56%, less than GLCC.TO's 6.21% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HLIF.TO Harvest Canadian Equity Income Leaders ETF Class A	5.56%	6.26%	7.33%	7.96%	3.91%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GLCC.TO Global X Gold Producer Equity Covered Call ETF	6.21%	6.01%	10.30%	11.16%	10.08%	6.31%	6.47%	4.58%	5.62%	7.09%	9.21%	11.63%

Drawdowns

HLIF.TO vs. GLCC.TO - Drawdown Comparison

The maximum HLIF.TO drawdown since its inception was -11.12%, smaller than the maximum GLCC.TO drawdown of -71.12%. Use the drawdown chart below to compare losses from any high point for HLIF.TO and GLCC.TO.

Drawdown Indicators

	HLIF.TO	GLCC.TO	Difference
Max Drawdown Largest peak-to-trough decline	-11.12%	-71.12%	+60.00%
Max Drawdown (1Y) Largest decline over 1 year	-8.48%	-28.86%	+20.38%
Max Drawdown (5Y) Largest decline over 5 years	—	-37.60%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-44.83%	—
Current Drawdown Current decline from peak	-0.46%	-18.48%	+18.02%
Average Drawdown Average peak-to-trough decline	-2.10%	-34.62%	+32.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.38%	7.54%	-6.16%

Volatility

HLIF.TO vs. GLCC.TO - Volatility Comparison

The current volatility for Harvest Canadian Equity Income Leaders ETF Class A (HLIF.TO) is 3.11%, while Global X Gold Producer Equity Covered Call ETF (GLCC.TO) has a volatility of 17.09%. This indicates that HLIF.TO experiences smaller price fluctuations and is considered to be less risky than GLCC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HLIF.TO	GLCC.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.11%	17.09%	-13.98%
Volatility (6M) Calculated over the trailing 6-month period	5.47%	34.47%	-29.00%
Volatility (1Y) Calculated over the trailing 1-year period	9.54%	41.29%	-31.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.58%	31.17%	-20.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.58%	31.75%	-21.17%