HPYM.TO vs. XTLT.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Harvest Premium Yield 7-10 Year Treasury ETF - Class A Units (HPYM.TO) and iShares 20+ Year U.S. Treasury Bond Index ETF (XTLT.TO).

HPYM.TO and XTLT.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HPYM.TO is an actively managed fund by Harvest. It was launched on Jan 11, 2024. XTLT.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl Core Bd GR CAD. It was launched on Feb 7, 2023.

Performance

HPYM.TO vs. XTLT.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Premium Yield 7-10 Year Treasury ETF - Class A Units (HPYM.TO) and iShares 20+ Year U.S. Treasury Bond Index ETF (XTLT.TO). The values are adjusted to include any dividend payments, if applicable.

HPYM.TO vs. XTLT.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%
XTLT.TO iShares 20+ Year U.S. Treasury Bond Index ETF	1.53%	-1.07%	0.89%

Returns By Period

In the year-to-date period, HPYM.TO achieves a -1.25% return, which is significantly lower than XTLT.TO's 1.53% return.

HPYM.TO

• 1D: -0.48%
• 1M: -2.68%
• YTD: -1.25%
• 6M: -0.29%
• 1Y: 2.31%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XTLT.TO

• 1D: -0.12%
• 1M: -2.17%
• YTD: 1.53%
• 6M: -1.39%
• 1Y: -4.25%
• 3Y*: -1.99%
• 5Y*: —
• 10Y*: —

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

HPYM.TO vs. XTLT.TO - Expense Ratio Comparison

HPYM.TO has a 0.45% expense ratio, which is higher than XTLT.TO's 0.18% expense ratio.

HPYM.TO

Harvest Premium Yield 7-10 Year Treasury ETF - Class A Units

XTLT.TO

iShares 20+ Year U.S. Treasury Bond Index ETF

Return for Risk

HPYM.TO vs. XTLT.TO — Risk / Return Rank

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

HPYM.TO

HPYM.TO Risk / Return Rank: 26
HPYM.TO Sharpe Ratio Rank: 26
HPYM.TO Sortino Ratio Rank: 24
HPYM.TO Omega Ratio Rank: 21
HPYM.TO Calmar Ratio Rank: 34
HPYM.TO Martin Ratio Rank: 28

XTLT.TO

XTLT.TO Risk / Return Rank: 7
XTLT.TO Sharpe Ratio Rank: 6
XTLT.TO Sortino Ratio Rank: 5
XTLT.TO Omega Ratio Rank: 5
XTLT.TO Calmar Ratio Rank: 8
XTLT.TO Martin Ratio Rank: 9

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.

HPYM.TO vs. XTLT.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 iShares 20+ Year U.S. Treasury Bond Index ETF (XTLT.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	XTLT.TO	Difference
Sharpe ratio Return per unit of total volatility	0.48	-0.35	+0.83
Sortino ratio Return per unit of downside risk	0.71	-0.39	+1.10
Omega ratio Gain probability vs. loss probability	1.09	0.95	+0.13
Calmar ratio Return relative to maximum drawdown	0.88	-0.25	+1.13
Martin ratio Return relative to average drawdown	2.30	-0.42	+2.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HPYM.TO vs. XTLT.TO - Sharpe Ratio Comparison

The current HPYM.TO Sharpe Ratio is 0.48, which is higher than the XTLT.TO Sharpe Ratio of -0.35. The chart below compares the historical Sharpe Ratios of HPYM.TO and XTLT.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

	HPYM.TO	XTLT.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.48	-0.35	+0.83
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	-0.09	+0.48

Correlation

The correlation between HPYM.TO and XTLT.TO is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

HPYM.TO vs. XTLT.TO - Dividend Comparison

HPYM.TO's dividend yield for the trailing twelve months is around 8.49%, more than XTLT.TO's 4.55% yield.

	TTM	2025	2024	2023
HPYM.TO Harvest Premium Yield 7-10 Year Treasury ETF - Class A Units	8.49%	9.01%	8.07%	0.00%
XTLT.TO iShares 20+ Year U.S. Treasury Bond Index ETF	4.55%	4.60%	4.17%	2.85%

Drawdowns

HPYM.TO vs. XTLT.TO - Drawdown Comparison

The maximum HPYM.TO drawdown since its inception was -6.19%, smaller than the maximum XTLT.TO drawdown of -21.04%. Use the drawdown chart below to compare losses from any high point for HPYM.TO and XTLT.TO.

Drawdown Indicators

	HPYM.TO	XTLT.TO	Difference
Max Drawdown Largest peak-to-trough decline	-6.19%	-21.04%	+14.85%
Max Drawdown (1Y) Largest decline over 1 year	-2.89%	-12.12%	+9.23%
Current Drawdown Current decline from peak	-2.70%	-9.04%	+6.34%
Average Drawdown Average peak-to-trough decline	-1.91%	-8.89%	+6.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.11%	7.09%	-5.98%

Volatility

HPYM.TO vs. XTLT.TO - Volatility Comparison

The current volatility for Harvest Premium Yield 7-10 Year Treasury ETF - Class A Units (HPYM.TO) is 1.80%, while iShares 20+ Year U.S. Treasury Bond Index ETF (XTLT.TO) has a volatility of 3.94%. This indicates that HPYM.TO experiences smaller price fluctuations and is considered to be less risky than XTLT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HPYM.TO	XTLT.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.80%	3.94%	-2.14%
Volatility (6M) Calculated over the trailing 6-month period	3.16%	7.26%	-4.10%
Volatility (1Y) Calculated over the trailing 1-year period	4.80%	12.39%	-7.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.64%	14.39%	-8.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.64%	14.39%	-8.75%