HTAE.TO vs. EIT-UN.TO

Last updated Jun 4, 2026

HTAE.TO (Harvest Tech Achievers Enhanced Income ETF - Class A Units) and EIT-UN.TO (Canoe EIT Income Fund) are both funds - HTAE.TO is a Technology Equities fund actively managed by Harvest, while EIT-UN.TO is a Diversified Portfolio fund actively managed by Canoe. Both are actively managed. Over the past 3 years, HTAE.TO returned 31.84%/yr vs 22.10%/yr for EIT-UN.TO. At a 0.27 correlation, their price movements are largely independent. HTAE.TO charges 2.49%/yr vs 1.10%/yr for EIT-UN.TO.

Performance

HTAE.TO vs. EIT-UN.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Tech Achievers Enhanced Income ETF - Class A Units (HTAE.TO) and Canoe EIT Income Fund (EIT-UN.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HTAE.TO achieves a 32.62% return, which is significantly higher than EIT-UN.TO's 27.79% return.

HTAE.TO

• 1D: -1.02%
• 1M: 20.35%
• YTD: 32.62%
• 6M: 33.74%
• 1Y: 56.12%
• 3Y*: 31.84%
• 5Y*: —
• 10Y*: —

EIT-UN.TO

• 1D: 23.25%
• 1M: 24.15%
• YTD: 27.79%
• 6M: 33.97%
• 1Y: 25.62%
• 3Y*: 22.10%
• 5Y*: 131.16%
• 10Y*: 118.84%

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

HTAE.TO vs. EIT-UN.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
HTAE.TO Harvest Tech Achievers Enhanced Income ETF - Class A Units	32.62%	13.49%	28.26%	68.45%	-3.55%
EIT-UN.TO Canoe EIT Income Fund	27.79%	3.45%	28.25%	5.94%	5.85%

Correlation

The correlation between HTAE.TO and EIT-UN.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	0.21
Correlation (All Time) Calculated using the full available price history since Oct 26, 2022	0.27

Over the past year, the correlation between HTAE.TO and EIT-UN.TO has dropped to 0.01 - well below their long-term average of 0.27, suggesting their price drivers have been diverging.

Return for Risk

HTAE.TO vs. EIT-UN.TO — Risk / Return Rank

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

HTAE.TO

HTAE.TO Risk / Return Rank: 66
HTAE.TO Sharpe Ratio Rank: 78
HTAE.TO Sortino Ratio Rank: 69
HTAE.TO Omega Ratio Rank: 65
HTAE.TO Calmar Ratio Rank: 61
HTAE.TO Martin Ratio Rank: 57

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.

HTAE.TO vs. EIT-UN.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harvest Tech Achievers Enhanced Income ETF - Class A Units (HTAE.TO) and Canoe EIT Income Fund (EIT-UN.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.

	HTAE.TO	EIT-UN.TO	Difference
Sharpe ratio: Return per unit of total volatility	2.57	1.00	+1.58
Sortino ratio: Return per unit of downside risk	3.20	2.53	+0.67
Omega ratio: Gain probability vs. loss probability	1.40	3.53	-2.13
Calmar ratio: Return relative to maximum drawdown	3.07	—	—
Martin ratio: Return relative to average drawdown	10.12	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HTAE.TO vs. EIT-UN.TO - Sharpe Ratio Comparison

The current HTAE.TO Sharpe Ratio is 2.57, which is higher than the EIT-UN.TO Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of HTAE.TO and EIT-UN.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HTAE.TO	EIT-UN.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.57	1.00	+1.58
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.11	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.12	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.39	0.00	+1.39

Drawdowns

HTAE.TO vs. EIT-UN.TO - Drawdown Comparison

The maximum HTAE.TO drawdown since its inception was -30.83%, smaller than the maximum EIT-UN.TO drawdown of -56.65%. Use the drawdown chart below to compare losses from any high point for HTAE.TO and EIT-UN.TO.

Drawdown Indicators

	HTAE.TO	EIT-UN.TO	Difference
Max Drawdown Largest peak-to-trough decline	-30.83%	-56.65%	+25.82%
Max Drawdown (1Y) Largest decline over 1 year	-18.39%	0.00%	-18.39%
Max Drawdown (3Y) Largest decline over 3 years	-30.83%	-10.73%	-20.10%
Max Drawdown (5Y) Largest decline over 5 years	—	-15.57%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-50.36%	—
Current Drawdown Current decline from peak	-1.02%	0.00%	-1.02%
Average Drawdown Average peak-to-trough decline	-4.57%	-3.87%	-0.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.56%	6.16%	-0.60%

Volatility

HTAE.TO vs. EIT-UN.TO - Volatility Comparison

The current volatility for Harvest Tech Achievers Enhanced Income ETF - Class A Units (HTAE.TO) is 6.89%, while Canoe EIT Income Fund (EIT-UN.TO) has a volatility of 20.88%. This indicates that HTAE.TO experiences smaller price fluctuations and is considered to be less risky than EIT-UN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HTAE.TO	EIT-UN.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.89%	20.88%	-13.99%
Volatility (6M) Calculated over the trailing 6-month period	17.54%	21.29%	-3.75%
Volatility (1Y) Calculated over the trailing 1-year period	21.98%	25.85%	-3.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.99%	1,193.88%	-1,166.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.99%	1,020.22%	-993.23%

HTAE.TO vs. EIT-UN.TO - Expense Ratio Comparison

HTAE.TO has a 2.49% expense ratio, which is higher than EIT-UN.TO's 1.10% expense ratio.

Dividends

HTAE.TO vs. EIT-UN.TO - Dividend Comparison

HTAE.TO's dividend yield for the trailing twelve months is around 9.31%, less than EIT-UN.TO's 10.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EIT-UN.TO Canoe EIT Income Fund	10.19%	12.56%	7.90%	9.29%	8.97%	104.98%	108.64%	11.53%	11.62%	11.01%	10.06%	10.71%
HTAE.TO Harvest Tech Achievers Enhanced Income ETF - Class A Units	9.31%	11.28%	10.01%	9.38%	2.20%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HTAE.TO and EIT-UN.TO in my portfolio?

HTAE.TO and EIT-UN.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.