HPF.TO vs. HHL.TO
HPF.TO (Harvest Energy Leaders Income ETF Class A CAD Hedged) and HHL.TO (Harvest Healthcare Leaders Income ETF) are both exchange-traded funds - HPF.TO is a Energy Equities fund actively managed by Harvest, while HHL.TO is a Health & Biotech Equities fund actively managed by Harvest. Both are actively managed. Over the past 10 years, HPF.TO returned 5.03%/yr vs 6.39%/yr for HHL.TO. At a 0.26 correlation, their price movements are largely independent.
Performance
HPF.TO vs. HHL.TO - Performance Comparison
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Returns By Period
In the year-to-date period, HPF.TO achieves a 28.72% return, which is significantly higher than HHL.TO's -3.60% return. Over the past 10 years, HPF.TO has underperformed HHL.TO with an annualized return of 5.03%, while HHL.TO has yielded a comparatively higher 6.39% annualized 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%
HHL.TO
- 1D
- 0.14%
- 1M
- 2.73%
- 6M
- -5.81%
- YTD
- -3.60%
- 1Y
- 9.75%
- 3Y*
- 5.45%
- 5Y*
- 5.46%
- 10Y*
- 6.39%
HPF.TO vs. HHL.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HPF.TO Harvest Energy Leaders Income ETF Class A CAD Hedged | 28.72% | 8.98% | -2.46% | 2.51% | 38.58% | 33.23% | -37.56% | 9.43% | -18.69% | -0.07% |
HHL.TO Harvest Healthcare Leaders Income ETF | -3.60% | 10.47% | 3.87% | 6.74% | 1.28% | 23.97% | 5.28% | 14.05% | 2.14% | 13.62% |
Correlation
The correlation between HPF.TO and HHL.TO is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Dec 18, 2014 | 0.26 |
The correlation between HPF.TO and HHL.TO shifts across timeframes, from -0.01 (1 year) to 0.26 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
HPF.TO vs. HHL.TO — Risk / Return Rank
HPF.TO
HHL.TO
HPF.TO vs. HHL.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 Healthcare Leaders Income ETF (HHL.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 | HHL.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.25 | ||
| Sortino ratioReturn per unit of downside risk | +1.42 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.12 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 3.10 | 0.76 | +2.34 |
| Martin ratioReturn relative to average drawdown | 9.15 | 1.70 | +7.45 |
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Drawdowns
HPF.TO vs. HHL.TO - Drawdown Comparison
The maximum HPF.TO drawdown since its inception was -72.97%, which is greater than HHL.TO's maximum drawdown of -26.70%. Use the drawdown chart below to compare losses from any high point for HPF.TO and HHL.TO.
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Drawdown Indicators
| HPF.TO | HHL.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.97% | -26.70% | -46.27% |
Max Drawdown (1Y)Largest decline over 1 year | -12.01% | -12.88% | +0.87% |
Max Drawdown (3Y)Largest decline over 3 years | -22.85% | -16.01% | -6.84% |
Max Drawdown (5Y)Largest decline over 5 years | -23.87% | -16.01% | -7.86% |
Max Drawdown (10Y)Largest decline over 10 years | -69.11% | -26.70% | -42.41% |
Current DrawdownCurrent decline from peak | -5.69% | -6.76% | +1.07% |
Average DrawdownAverage peak-to-trough decline | -26.28% | -6.23% | -20.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.06% | 5.75% | -1.69% |
Volatility
HPF.TO vs. HHL.TO - Volatility Comparison
Harvest Energy Leaders Income ETF Class A CAD Hedged (HPF.TO) has a higher volatility of 6.52% compared to Harvest Healthcare Leaders Income ETF (HHL.TO) at 5.43%. This indicates that HPF.TO's price experiences larger fluctuations and is considered to be riskier than HHL.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HPF.TO | HHL.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.52% | 5.43% | +1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 16.30% | 11.34% | +4.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.76% | 15.42% | +4.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.66% | 14.32% | +9.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.03% | 15.82% | +12.21% |
Dividends
HPF.TO vs. HHL.TO - Dividend Comparison
HPF.TO's dividend yield for the trailing twelve months is around 8.04%, less than HHL.TO's 10.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HHL.TO Harvest Healthcare Leaders Income ETF | 10.21% | 9.36% | 9.27% | 8.71% | 8.51% | 7.91% | 9.02% | 8.65% | 9.00% | 8.45% | 8.83% | 8.19% |
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
HPF.TO and HHL.TO have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HPF.TO is categorized as Energy Equities, while HHL.TO is Health & Biotech Equities.
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