HTAE.TO vs. INAI.TO
HTAE.TO (Harvest Tech Achievers Enhanced Income ETF - Class A Units) and INAI.TO (Invesco Morningstar Global Next Gen AI Index ETF) are both Technology Equities funds. HTAE.TO is actively managed, while INAI.TO is passively managed. Over the past year, HTAE.TO returned 36.52% vs 39.33% for INAI.TO. A 0.61 correlation means they provide meaningful diversification when combined. HTAE.TO charges 2.49%/yr vs 0.60%/yr for INAI.TO.
Performance
HTAE.TO vs. INAI.TO - Performance Comparison
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Returns By Period
In the year-to-date period, HTAE.TO achieves a 25.49% return, which is significantly lower than INAI.TO's 27.50% return.
HTAE.TO
- 1D
- -1.71%
- 1M
- -3.79%
- 6M
- 26.23%
- YTD
- 25.49%
- 1Y
- 36.52%
- 3Y*
- 26.73%
- 5Y*
- —
- 10Y*
- —
INAI.TO
- 1D
- -1.15%
- 1M
- -5.79%
- 6M
- 21.81%
- YTD
- 27.50%
- 1Y
- 39.33%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HTAE.TO vs. INAI.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
HTAE.TO Harvest Tech Achievers Enhanced Income ETF - Class A Units | 25.49% | 13.45% | 20.64% |
INAI.TO Invesco Morningstar Global Next Gen AI Index ETF | 27.50% | 24.92% | 36.26% |
Correlation
The correlation between HTAE.TO and INAI.TO is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Jan 22, 2024 | 0.61 |
The correlation between HTAE.TO and INAI.TO shifts across timeframes, from 0.61 (all time) to 0.79 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
HTAE.TO vs. INAI.TO — Risk / Return Rank
HTAE.TO
INAI.TO
HTAE.TO vs. INAI.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 Invesco Morningstar Global Next Gen AI Index ETF (INAI.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.
| HTAE.TO | INAI.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.24 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.00 | 1.56 | +0.44 |
| Martin ratioReturn relative to average drawdown | 6.17 | 4.02 | +2.15 |
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Drawdowns
HTAE.TO vs. INAI.TO - Drawdown Comparison
The maximum HTAE.TO drawdown since its inception was -30.83%, which is greater than INAI.TO's maximum drawdown of -26.78%. Use the drawdown chart below to compare losses from any high point for HTAE.TO and INAI.TO.
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Drawdown Indicators
| HTAE.TO | INAI.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.83% | -26.78% | -4.05% |
Max Drawdown (1Y)Largest decline over 1 year | -18.39% | -25.34% | +6.95% |
Max Drawdown (3Y)Largest decline over 3 years | -30.83% | — | — |
Current DrawdownCurrent decline from peak | -6.37% | -9.12% | +2.75% |
Average DrawdownAverage peak-to-trough decline | -4.60% | -5.69% | +1.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.93% | 9.81% | -3.88% |
Volatility
HTAE.TO vs. INAI.TO - Volatility Comparison
Harvest Tech Achievers Enhanced Income ETF - Class A Units (HTAE.TO) has a higher volatility of 13.18% compared to Invesco Morningstar Global Next Gen AI Index ETF (INAI.TO) at 9.38%. This indicates that HTAE.TO's price experiences larger fluctuations and is considered to be riskier than INAI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HTAE.TO | INAI.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.18% | 9.38% | +3.80% |
Volatility (6M)Calculated over the trailing 6-month period | 23.37% | 23.47% | -0.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.87% | 29.45% | -2.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.86% | 27.98% | -0.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.86% | 27.98% | -0.12% |
HTAE.TO vs. INAI.TO - Expense Ratio Comparison
HTAE.TO has a 2.49% expense ratio, which is higher than INAI.TO's 0.60% expense ratio.
Dividends
HTAE.TO vs. INAI.TO - Dividend Comparison
HTAE.TO's dividend yield for the trailing twelve months is around 10.00%, more than INAI.TO's 0.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
HTAE.TO Harvest Tech Achievers Enhanced Income ETF - Class A Units | 10.00% | 11.28% | 10.01% | 9.40% | 2.20% |
INAI.TO Invesco Morningstar Global Next Gen AI Index ETF | 0.02% | 0.07% | 0.14% | 0.00% | 0.00% |
Frequently Asked Questions
HTAE.TO and INAI.TO have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, INAI.TO is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
INAI.TO is cheaper with a 0.60% expense ratio, compared with 2.49% for HTAE.TO.
They also come from different issuers: Harvest and Invesco. Their fees differ too: 2.49% for HTAE.TO and 0.60% for INAI.TO.
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