HUBL.TO vs. HPYB.TO

Last updated Jul 16, 2026

HUBL.TO (Harvest US Bank Leaders Income ETF) and HPYB.TO (Harvest Premium Yield Canadian Bank ETF) are both exchange-traded funds - HUBL.TO is a Financials Equities fund actively managed by Harvest, while HPYB.TO is a Derivative Income fund actively managed by Harvest. Both are actively managed. A 0.69 correlation means they provide meaningful diversification when combined.

Performance

HUBL.TO vs. HPYB.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 Harvest Premium Yield Canadian Bank ETF (HPYB.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HUBL.TO

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

HPYB.TO

• 1D: 0.19%
• 1M: 3.95%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

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

	2026 (YTD)
HUBL.TO Harvest US Bank Leaders Income ETF	12.29%
HPYB.TO Harvest Premium Yield Canadian Bank ETF	17.82%

Correlation

The correlation between HUBL.TO and HPYB.TO is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 21, 2026	0.69

Return for Risk

HUBL.TO vs. HPYB.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: 43
HUBL.TO Sharpe Ratio Rank: 48
HUBL.TO Sortino Ratio Rank: 45
HUBL.TO Omega Ratio Rank: 48
HUBL.TO Calmar Ratio Rank: 38
HUBL.TO Martin Ratio Rank: 38

HPYB.TO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. HPYB.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 Premium Yield Canadian Bank ETF (HPYB.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	HPYB.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.39	—	—
Sortino ratio: Return per unit of downside risk	1.92	—	—
Omega ratio: Gain probability vs. loss probability	1.26	—	—
Calmar ratio: Return relative to maximum drawdown	1.65	—	—
Martin ratio: Return relative to average drawdown	4.89	—	—

Drawdowns

HUBL.TO vs. HPYB.TO - Drawdown Comparison

The maximum HUBL.TO drawdown since its inception was -51.30%, which is greater than HPYB.TO's maximum drawdown of -6.37%. Use the drawdown chart below to compare losses from any high point for HUBL.TO and HPYB.TO.

Drawdown Indicators

	HUBL.TO	HPYB.TO	Difference
Max Drawdown Largest peak-to-trough decline	-51.30%	-6.37%	-44.93%
Max Drawdown (1Y) Largest decline over 1 year	-16.47%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-25.70%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-44.89%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-16.05%	-1.09%	-14.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.55%	—	—

Volatility

Volatility by Period

	HUBL.TO	HPYB.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.73%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.57%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.66%	11.82%	+7.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.99%	11.82%	+13.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.95%	11.82%	+17.13%

Dividends

HUBL.TO vs. HPYB.TO - Dividend Comparison

HUBL.TO's dividend yield for the trailing twelve months is around 7.68%, more than HPYB.TO's 5.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
HPYB.TO Harvest Premium Yield Canadian Bank ETF	5.80%	0.00%	0.00%	0.00%	0.00%	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

Can I hold both HUBL.TO and HPYB.TO in my portfolio?

HUBL.TO and HPYB.TO have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between HUBL.TO and HPYB.TO?

HUBL.TO is categorized as Financials Equities, while HPYB.TO is Derivative Income.