HPYT.TO vs. ZWU.TO
Compare and contrast key facts about Harvest Premium Yield Treasury ETF A (HPYT.TO) and BMO Covered Call Utilities ETF (ZWU.TO).
HPYT.TO and ZWU.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HPYT.TO is an actively managed fund by Harvest. It was launched on May 30, 2024. ZWU.TO is an actively managed fund by BMO. It was launched on Oct 20, 2011.
Performance
HPYT.TO vs. ZWU.TO - Performance Comparison
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HPYT.TO vs. ZWU.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
HPYT.TO Harvest Premium Yield Treasury ETF A | -0.23% | 4.39% | -5.96% | 4.46% |
ZWU.TO BMO Covered Call Utilities ETF | 11.36% | 13.18% | 10.97% | 8.10% |
Returns By Period
In the year-to-date period, HPYT.TO achieves a -0.23% return, which is significantly lower than ZWU.TO's 11.36% return.
HPYT.TO
- 1D
- -0.31%
- 1M
- -3.00%
- YTD
- -0.23%
- 6M
- -1.42%
- 1Y
- -1.12%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ZWU.TO
- 1D
- -0.33%
- 1M
- 0.08%
- YTD
- 11.36%
- 6M
- 9.50%
- 1Y
- 16.65%
- 3Y*
- 10.49%
- 5Y*
- 7.10%
- 10Y*
- 6.47%
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HPYT.TO vs. ZWU.TO - Expense Ratio Comparison
HPYT.TO has a 0.45% expense ratio, which is lower than ZWU.TO's 0.65% expense ratio.
Return for Risk
HPYT.TO vs. ZWU.TO — Risk / Return Rank
HPYT.TO
ZWU.TO
HPYT.TO vs. ZWU.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Harvest Premium Yield Treasury ETF A (HPYT.TO) and BMO Covered Call Utilities ETF (ZWU.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.
| HPYT.TO | ZWU.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.12 | 1.84 | -1.95 |
Sortino ratioReturn per unit of downside risk | -0.09 | 2.37 | -2.47 |
Omega ratioGain probability vs. loss probability | 0.99 | 1.36 | -0.37 |
Calmar ratioReturn relative to maximum drawdown | -0.03 | 2.50 | -2.52 |
Martin ratioReturn relative to average drawdown | -0.06 | 9.31 | -9.37 |
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
| HPYT.TO | ZWU.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.12 | 1.84 | -1.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.69 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.46 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.08 | 0.43 | -0.34 |
Correlation
The correlation between HPYT.TO and ZWU.TO is 0.36, 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
HPYT.TO vs. ZWU.TO - Dividend Comparison
HPYT.TO's dividend yield for the trailing twelve months is around 18.19%, more than ZWU.TO's 6.94% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HPYT.TO Harvest Premium Yield Treasury ETF A | 18.19% | 18.87% | 18.61% | 3.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ZWU.TO BMO Covered Call Utilities ETF | 6.94% | 7.59% | 7.96% | 8.54% | 8.35% | 7.43% | 7.94% | 6.29% | 6.84% | 6.46% | 6.77% | 7.57% |
Drawdowns
HPYT.TO vs. ZWU.TO - Drawdown Comparison
The maximum HPYT.TO drawdown since its inception was -13.17%, smaller than the maximum ZWU.TO drawdown of -37.41%. Use the drawdown chart below to compare losses from any high point for HPYT.TO and ZWU.TO.
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Drawdown Indicators
| HPYT.TO | ZWU.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.17% | -37.41% | +24.24% |
Max Drawdown (1Y)Largest decline over 1 year | -7.76% | -6.71% | -1.05% |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.36% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.41% | — |
Current DrawdownCurrent decline from peak | -7.27% | -0.65% | -6.62% |
Average DrawdownAverage peak-to-trough decline | -5.76% | -5.42% | -0.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.43% | 1.80% | +1.63% |
Volatility
HPYT.TO vs. ZWU.TO - Volatility Comparison
Harvest Premium Yield Treasury ETF A (HPYT.TO) has a higher volatility of 3.34% compared to BMO Covered Call Utilities ETF (ZWU.TO) at 2.44%. This indicates that HPYT.TO's price experiences larger fluctuations and is considered to be riskier than ZWU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HPYT.TO | ZWU.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.34% | 2.44% | +0.90% |
Volatility (6M)Calculated over the trailing 6-month period | 5.59% | 5.27% | +0.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.53% | 9.11% | +0.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.05% | 10.34% | +0.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.05% | 14.15% | -3.10% |