HPYM.TO vs. HLIF.TO
HPYM.TO (Harvest Premium Yield 7-10 Year Treasury ETF - Class A Units) and HLIF.TO (Harvest Canadian Equity Income Leaders ETF Class A) are both exchange-traded funds - HPYM.TO is a Government Bonds fund actively managed by Harvest, while HLIF.TO is a Derivative Income fund actively managed by Harvest. Both are actively managed. Over the past year, HPYM.TO returned 2.79% vs 36.13% for HLIF.TO. At a 0.19 correlation, their price movements are largely independent. HPYM.TO charges 0.45%/yr vs 0.79%/yr for HLIF.TO.
Performance
HPYM.TO vs. HLIF.TO - Performance Comparison
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Returns By Period
In the year-to-date period, HPYM.TO achieves a -1.25% return, which is significantly lower than HLIF.TO's 15.41% return.
HPYM.TO
- 1D
- -0.20%
- 1M
- -0.10%
- YTD
- -1.25%
- 6M
- -1.71%
- 1Y
- 2.79%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HLIF.TO
- 1D
- -0.32%
- 1M
- 3.60%
- YTD
- 15.41%
- 6M
- 16.85%
- 1Y
- 36.13%
- 3Y*
- 19.93%
- 5Y*
- —
- 10Y*
- —
HPYM.TO vs. HLIF.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
HPYM.TO Harvest Premium Yield 7-10 Year Treasury ETF - Class A Units | -1.25% | 6.72% | -0.41% |
HLIF.TO Harvest Canadian Equity Income Leaders ETF Class A | 15.41% | 25.43% | 18.02% |
Correlation
The correlation between HPYM.TO and HLIF.TO is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jan 18, 2024 | 0.19 |
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Return for Risk
HPYM.TO vs. HLIF.TO — Risk / Return Rank
HPYM.TO
HLIF.TO
HPYM.TO vs. HLIF.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Harvest Premium Yield 7-10 Year Treasury ETF - Class A Units (HPYM.TO) and Harvest Canadian Equity Income Leaders ETF Class A (HLIF.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.
| HPYM.TO | HLIF.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.68 | ||
| Sortino ratioReturn per unit of downside risk | -7.03 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 2.10 | -0.99 |
| Calmar ratioReturn relative to maximum drawdown | 0.73 | 11.74 | -11.02 |
| Martin ratioReturn relative to average drawdown | 2.05 | 60.41 | -58.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HPYM.TO | HLIF.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.62 | 5.30 | -4.68 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 1.45 | -1.08 |
Drawdowns
HPYM.TO vs. HLIF.TO - Drawdown Comparison
The maximum HPYM.TO drawdown since its inception was -6.19%, smaller than the maximum HLIF.TO drawdown of -11.12%. Use the drawdown chart below to compare losses from any high point for HPYM.TO and HLIF.TO.
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Drawdown Indicators
| HPYM.TO | HLIF.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.19% | -11.12% | +4.93% |
Max Drawdown (1Y)Largest decline over 1 year | -3.85% | -3.09% | -0.76% |
Max Drawdown (3Y)Largest decline over 3 years | — | -9.96% | — |
Current DrawdownCurrent decline from peak | -2.71% | -0.32% | -2.39% |
Average DrawdownAverage peak-to-trough decline | -1.94% | -2.02% | +0.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.36% | 0.60% | +0.76% |
Volatility
HPYM.TO vs. HLIF.TO - Volatility Comparison
The current volatility for Harvest Premium Yield 7-10 Year Treasury ETF - Class A Units (HPYM.TO) is 2.02%, while Harvest Canadian Equity Income Leaders ETF Class A (HLIF.TO) has a volatility of 2.17%. This indicates that HPYM.TO experiences smaller price fluctuations and is considered to be less risky than HLIF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HPYM.TO | HLIF.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.02% | 2.17% | -0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 3.28% | 5.77% | -2.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.53% | 6.85% | -2.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.61% | 10.47% | -4.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.61% | 10.47% | -4.86% |
HPYM.TO vs. HLIF.TO - Expense Ratio Comparison
HPYM.TO has a 0.45% expense ratio, which is lower than HLIF.TO's 0.79% expense ratio.
Dividends
HPYM.TO vs. HLIF.TO - Dividend Comparison
HPYM.TO's dividend yield for the trailing twelve months is around 9.38%, more than HLIF.TO's 6.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
HLIF.TO Harvest Canadian Equity Income Leaders ETF Class A | 6.07% | 6.26% | 7.33% | 7.96% | 3.91% |
HPYM.TO Harvest Premium Yield 7-10 Year Treasury ETF - Class A Units | 9.38% | 9.01% | 8.07% | 0.00% | 0.00% |
Frequently Asked Questions
HPYM.TO and HLIF.TO have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HPYM.TO is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HPYM.TO is cheaper with a 0.45% expense ratio, compared with 0.79% for HLIF.TO.
HPYM.TO is categorized as Government Bonds, while HLIF.TO is Derivative Income. Their fees differ too: 0.45% for HPYM.TO and 0.79% for HLIF.TO.
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