HPF.TO vs. HHIC.TO

Last updated Jul 16, 2026

HPF.TO (Harvest Energy Leaders Income ETF Class A CAD Hedged) and HHIC.TO (Harvest Canadian High Income Shares ETF) are both exchange-traded funds - HPF.TO is a Energy Equities fund actively managed by Harvest, while HHIC.TO is a Canada Equities fund actively managed by Harvest. Both are actively managed. At a 0.08 correlation, their price movements are largely independent.

Performance

HPF.TO vs. HHIC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Energy Leaders Income ETF Class A CAD Hedged (HPF.TO) and Harvest Canadian High Income Shares ETF (HHIC.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HPF.TO achieves a 28.72% return, which is significantly higher than HHIC.TO's 11.79% return.

HPF.TO

• 1D: -0.80%
• 1M: 2.08%
• 6M: 22.63%
• YTD: 28.72%
• 1Y: 37.02%
• 3Y*: 14.19%
• 5Y*: 16.67%
• 10Y*: 5.03%

HHIC.TO

• 1D: -0.07%
• 1M: -1.20%
• 6M: 5.50%
• YTD: 11.79%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HPF.TO vs. HHIC.TO - Yearly Performance Comparison

	2026 (YTD)	2025
HPF.TO Harvest Energy Leaders Income ETF Class A CAD Hedged	28.72%	5.21%
HHIC.TO Harvest Canadian High Income Shares ETF	11.79%	16.60%

Correlation

The correlation between HPF.TO and HHIC.TO is 0.08, 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 (All Time) Calculated using the full available price history since Aug 21, 2025	0.08

Return for Risk

HPF.TO vs. HHIC.TO — Risk / Return Rank

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

HPF.TO

HPF.TO Risk / Return Rank: 69
HPF.TO Sharpe Ratio Rank: 73
HPF.TO Sortino Ratio Rank: 67
HPF.TO Omega Ratio Rank: 64
HPF.TO Calmar Ratio Rank: 76
HPF.TO Martin Ratio Rank: 64

HHIC.TO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

HPF.TO vs. HHIC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harvest Energy Leaders Income ETF Class A CAD Hedged (HPF.TO) and Harvest Canadian High Income Shares ETF (HHIC.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.

	HPF.TO	HHIC.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.89	—	—
Sortino ratio: Return per unit of downside risk	2.49	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	3.10	—	—
Martin ratio: Return relative to average drawdown	9.15	—	—

Drawdowns

HPF.TO vs. HHIC.TO - Drawdown Comparison

The maximum HPF.TO drawdown since its inception was -72.97%, which is greater than HHIC.TO's maximum drawdown of -7.30%. Use the drawdown chart below to compare losses from any high point for HPF.TO and HHIC.TO.

Drawdown Indicators

	HPF.TO	HHIC.TO	Difference
Max Drawdown Largest peak-to-trough decline	-72.97%	-7.30%	-65.67%
Max Drawdown (1Y) Largest decline over 1 year	-12.01%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-22.85%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.87%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-69.11%	—	—
Current Drawdown Current decline from peak	-5.69%	-2.56%	-3.13%
Average Drawdown Average peak-to-trough decline	-26.28%	-1.63%	-24.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.06%	—	—

Volatility

Volatility by Period

	HPF.TO	HHIC.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.52%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.30%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.76%	16.39%	+3.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.66%	16.39%	+7.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.03%	16.39%	+11.64%

Dividends

HPF.TO vs. HHIC.TO - Dividend Comparison

HPF.TO's dividend yield for the trailing twelve months is around 8.04%, less than HHIC.TO's 12.68% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HHIC.TO Harvest Canadian High Income Shares ETF	12.68%	4.77%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HPF.TO Harvest Energy Leaders Income ETF Class A CAD Hedged	8.04%	9.93%	9.80%	8.75%	6.58%	4.61%	15.32%	8.74%	8.78%	12.87%	13.58%	13.31%

Frequently Asked Questions

Can I hold both HPF.TO and HHIC.TO in my portfolio?

HPF.TO and HHIC.TO have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between HPF.TO and HHIC.TO?

HPF.TO is categorized as Energy Equities, while HHIC.TO is Canada Equities.