HUBL.TO vs. HDIF.TO
HUBL.TO (Harvest US Bank Leaders Income ETF) and HDIF.TO (Harvest Diversified Monthly Income ETF - Class A Units) are both exchange-traded funds - HUBL.TO is a Financials Equities fund actively managed by Harvest, while HDIF.TO is a Derivative Income fund actively managed by Harvest. Both are actively managed. Over the past 3 years, HUBL.TO returned 23.98%/yr vs 17.74%/yr for HDIF.TO. A 0.67 correlation means they provide meaningful diversification when combined.
Performance
HUBL.TO vs. HDIF.TO - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with HUBL.TO having a 12.99% return and HDIF.TO slightly higher at 13.08%.
HUBL.TO
- 1D
- 1.49%
- 1M
- 6.45%
- 6M
- 12.52%
- YTD
- 12.99%
- 1Y
- 27.08%
- 3Y*
- 23.98%
- 5Y*
- 7.61%
- 10Y*
- —
HDIF.TO
- 1D
- 0.00%
- 1M
- 0.21%
- 6M
- 11.58%
- YTD
- 13.08%
- 1Y
- 24.79%
- 3Y*
- 17.74%
- 5Y*
- —
- 10Y*
- —
HUBL.TO vs. HDIF.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
HUBL.TO Harvest US Bank Leaders Income ETF | 12.99% | 17.04% | 30.19% | -8.18% | -21.24% |
HDIF.TO Harvest Diversified Monthly Income ETF - Class A Units | 13.08% | 15.70% | 18.44% | 12.76% | -14.72% |
Correlation
The correlation between HUBL.TO and HDIF.TO is 0.54, 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 | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Feb 16, 2022 | 0.67 |
The correlation between HUBL.TO and HDIF.TO shifts across timeframes, from 0.54 (1 year) to 0.67 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
HUBL.TO vs. HDIF.TO — Risk / Return Rank
HUBL.TO
HDIF.TO
HUBL.TO vs. HDIF.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 Harvest Diversified Monthly Income ETF - Class A Units (HDIF.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.TO | HDIF.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.52 | ||
| Sortino ratioReturn per unit of downside risk | -0.72 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.35 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.65 | 2.83 | -1.18 |
| Martin ratioReturn relative to average drawdown | 4.89 | 11.61 | -6.72 |
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Drawdowns
HUBL.TO vs. HDIF.TO - Drawdown Comparison
The maximum HUBL.TO drawdown since its inception was -51.30%, which is greater than HDIF.TO's maximum drawdown of -24.08%. Use the drawdown chart below to compare losses from any high point for HUBL.TO and HDIF.TO.
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Drawdown Indicators
| HUBL.TO | HDIF.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.30% | -24.08% | -27.22% |
Max Drawdown (1Y)Largest decline over 1 year | -16.47% | -8.79% | -7.68% |
Max Drawdown (3Y)Largest decline over 3 years | -25.70% | -19.59% | -6.11% |
Max Drawdown (5Y)Largest decline over 5 years | -44.89% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.63% | +0.63% |
Average DrawdownAverage peak-to-trough decline | -16.05% | -6.51% | -9.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.55% | 2.14% | +3.41% |
Volatility
HUBL.TO vs. HDIF.TO - Volatility Comparison
Harvest US Bank Leaders Income ETF (HUBL.TO) has a higher volatility of 4.73% compared to Harvest Diversified Monthly Income ETF - Class A Units (HDIF.TO) at 2.83%. This indicates that HUBL.TO's price experiences larger fluctuations and is considered to be riskier than HDIF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HUBL.TO | HDIF.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.73% | 2.83% | +1.90% |
Volatility (6M)Calculated over the trailing 6-month period | 15.57% | 10.90% | +4.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.66% | 13.05% | +6.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.99% | 17.37% | +7.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.95% | 17.37% | +11.58% |
Dividends
HUBL.TO vs. HDIF.TO - Dividend Comparison
HUBL.TO's dividend yield for the trailing twelve months is around 7.68%, less than HDIF.TO's 10.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
HDIF.TO Harvest Diversified Monthly Income ETF - Class A Units | 10.34% | 9.95% | 10.14% | 10.59% | 8.93% | 0.00% | 0.00% | 0.00% | 0.00% |
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% |
Frequently Asked Questions
HUBL.TO and HDIF.TO have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HUBL.TO is categorized as Financials Equities, while HDIF.TO is Derivative Income.
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