PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
HUBL.TO vs. FIE.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

HUBL.TO vs. FIE.TO

Last updated Jul 16, 2026
Documentation

HUBL.TO (Harvest US Bank Leaders Income ETF) and FIE.TO (iShares Canadian Financial Monthly Income ETF) are both Financials Equities funds. Both are actively managed. Over the past 5 years, HUBL.TO returned 7.61%/yr vs 14.03%/yr for FIE.TO. A 0.65 correlation means they provide meaningful diversification when combined.

Performance

HUBL.TO vs. FIE.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest US Bank Leaders Income ETF (HUBL.TO) and iShares Canadian Financial Monthly Income ETF (FIE.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, HUBL.TO achieves a 12.99% return, which is significantly lower than FIE.TO's 18.97% return.

HUBL.TO

1D
1.49%
1M
6.45%
6M
12.52%
YTD
12.99%
1Y
27.08%
3Y*
23.98%
5Y*
7.61%
10Y*
—

FIE.TO

1D
1.31%
1M
5.54%
6M
18.02%
YTD
18.97%
1Y
35.03%
3Y*
26.36%
5Y*
14.03%
10Y*
12.47%
*Multi-year figures are annualized to reflect compound growth (CAGR)

HUBL.TO vs. FIE.TO - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
HUBL.TO
Harvest US Bank Leaders Income ETF		12.99%17.04%30.19%-8.18%-15.62%29.63%-11.13%27.55%-24.05%
FIE.TO
iShares Canadian Financial Monthly Income ETF		18.97%24.36%27.62%12.58%-14.35%27.34%1.33%18.97%-9.12%

Correlation

The correlation between HUBL.TO and FIE.TO is 0.59, 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

0.59

Correlation (3Y)
Calculated over the trailing 3-year period

0.63

Correlation (5Y)
Calculated over the trailing 5-year period

0.69

Correlation (All Time)
Calculated using the full available price history since Feb 5, 2018

0.65

The correlation between HUBL.TO and FIE.TO has been stable across timeframes, ranging from 0.59 to 0.69 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Harvest US Bank Leaders Income ETF

iShares Canadian Financial Monthly Income ETF

Often compared with FIE.TO:
FIE.TO vs. XEI.TOFIE.TO vs. XEQT.TOFIE.TO vs. XDIV.TOFIE.TO vs. XFN.TOFIE.TO vs. HMAX.TOFIE.TO vs. VDY.TOFIE.TO vs. FTN.TO

Return for Risk

HUBL.TO vs. FIE.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HUBL.TO
HUBL.TO Risk / Return Rank: 4343
Overall Rank
HUBL.TO Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
HUBL.TO Sortino Ratio Rank: 4545
Sortino Ratio Rank
HUBL.TO Omega Ratio Rank: 4848
Omega Ratio Rank
HUBL.TO Calmar Ratio Rank: 3838
Calmar Ratio Rank
HUBL.TO Martin Ratio Rank: 3838
Martin Ratio Rank
FIE.TO
FIE.TO Risk / Return Rank: 9595
Overall Rank
FIE.TO Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
FIE.TO Sortino Ratio Rank: 9797
Sortino Ratio Rank
FIE.TO Omega Ratio Rank: 9797
Omega Ratio Rank
FIE.TO Calmar Ratio Rank: 9292
Calmar Ratio Rank
FIE.TO Martin Ratio Rank: 9090
Martin Ratio Rank
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.

HUBL.TO vs. FIE.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harvest US Bank Leaders Income ETF (HUBL.TO) and iShares Canadian Financial Monthly Income ETF (FIE.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.

HUBL.TOFIE.TODifference
Sharpe ratioReturn per unit of total volatility
1.39
3.83

-2.44

Sortino ratioReturn per unit of downside risk
1.92
5.13

-3.21

Omega ratioGain probability vs. loss probability

1.26

1.75

-0.49

Calmar ratioReturn relative to maximum drawdown

1.65

4.89

-3.24

Martin ratioReturn relative to average drawdown

4.89

15.90

-11.01

HUBL.TO vs. FIE.TO - Sharpe Ratio Comparison

The current HUBL.TO Sharpe Ratio is 1.39, which is lower than the FIE.TO Sharpe Ratio of 3.83. The chart below compares the historical Sharpe Ratios of HUBL.TO and FIE.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.

Loading charts...

Drawdowns

HUBL.TO vs. FIE.TO - Drawdown Comparison

The maximum HUBL.TO drawdown since its inception was -51.30%, which is greater than FIE.TO's maximum drawdown of -42.24%. Use the drawdown chart below to compare losses from any high point for HUBL.TO and FIE.TO.

Loading charts...

Drawdown Indicators

HUBL.TOFIE.TODifference

Max Drawdown

Largest peak-to-trough decline

-51.30%

-42.24%

-9.06%

Max Drawdown (1Y)

Largest decline over 1 year

-16.47%

-7.19%

-9.28%

Max Drawdown (3Y)

Largest decline over 3 years

-25.70%

-10.70%

-15.00%

Max Drawdown (5Y)

Largest decline over 5 years

-44.89%

-22.93%

-21.96%

Max Drawdown (10Y)

Largest decline over 10 years

—

-42.24%

—

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-16.05%

-4.86%

-11.19%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.55%

2.21%

+3.34%

Volatility

HUBL.TO vs. FIE.TO - Volatility Comparison

Harvest US Bank Leaders Income ETF (HUBL.TO) has a higher volatility of 4.73% compared to iShares Canadian Financial Monthly Income ETF (FIE.TO) at 2.32%. This indicates that HUBL.TO's price experiences larger fluctuations and is considered to be riskier than FIE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

HUBL.TOFIE.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.73%

2.32%

+2.41%

Volatility (6M)

Calculated over the trailing 6-month period

15.57%

7.33%

+8.24%

Volatility (1Y)

Calculated over the trailing 1-year period

19.66%

9.22%

+10.44%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.99%

10.58%

+14.41%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

28.95%

14.05%

+14.90%

Dividends

HUBL.TO vs. FIE.TO - Dividend Comparison

HUBL.TO's dividend yield for the trailing twelve months is around 7.68%, more than FIE.TO's 4.19% yield.

PositionTTM20252024202320222021202020192018201720162015
FIE.TO
iShares Canadian Financial Monthly Income ETF		4.19%4.94%5.83%6.98%7.31%5.92%7.10%6.65%7.38%6.28%6.59%7.43%
HUBL.TO
Harvest US Bank Leaders Income ETF		7.68%8.32%7.78%8.87%7.40%5.83%7.13%5.84%6.42%0.00%0.00%0.00%

Frequently Asked Questions

HUBL.TO and FIE.TO have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

They also come from different issuers: Harvest and iShares.

Portfolio Optimizer

Find the right allocation for HUBL.TO and FIE.TO

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer