HUTE.TO vs. TXF.TO

Last updated Jun 3, 2026

HUTE.TO (Harvest Equal Weight Global Utilities Enhanced Income ETF) and TXF.TO (CI Tech Giants Covered Call Common) are both exchange-traded funds - HUTE.TO is a Derivative Income fund actively managed by Harvest, while TXF.TO is a Technology Equities fund actively managed by CI Investments. Both are actively managed. Over the past 3 years, HUTE.TO returned 16.56%/yr vs 33.07%/yr for TXF.TO. At a 0.02 correlation, their price movements are largely independent. HUTE.TO charges 0.50%/yr vs 0.71%/yr for TXF.TO.

Performance

HUTE.TO vs. TXF.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Equal Weight Global Utilities Enhanced Income ETF (HUTE.TO) and CI Tech Giants Covered Call Common (TXF.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HUTE.TO achieves a 13.26% return, which is significantly lower than TXF.TO's 31.66% return.

HUTE.TO

• 1D: 0.76%
• 1M: 0.29%
• YTD: 13.26%
• 6M: 13.34%
• 1Y: 19.83%
• 3Y*: 16.56%
• 5Y*: —
• 10Y*: —

TXF.TO

• 1D: 1.20%
• 1M: 17.85%
• YTD: 31.66%
• 6M: 32.60%
• 1Y: 66.66%
• 3Y*: 33.07%
• 5Y*: 18.88%
• 10Y*: 19.76%

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

HUTE.TO vs. TXF.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
HUTE.TO Harvest Equal Weight Global Utilities Enhanced Income ETF	13.26%	19.04%	18.15%	0.09%	7.10%
TXF.TO CI Tech Giants Covered Call Common	31.66%	24.81%	18.69%	60.80%	-0.84%

Correlation

The correlation between HUTE.TO and TXF.TO is -0.04, 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	-0.04
Correlation (3Y) Calculated over the trailing 3-year period	-0.04
Correlation (All Time) Calculated using the full available price history since Oct 25, 2022	0.02

HUTE.TO vs. TXF.TO - Sectors Allocation Comparison

Sectors	HUTE.TO	TXF.TO
Utilities	40.2%	-
Communication Services	38.9%	11.1%
Energy	17.8%	-
Industrials	3.1%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	0.0%
Healthcare	-	-
Real Estate	-	-
Technology	-	89.0%

Return for Risk

HUTE.TO vs. TXF.TO — Risk / Return Rank

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

HUTE.TO

HUTE.TO Risk / Return Rank: 59
HUTE.TO Sharpe Ratio Rank: 50
HUTE.TO Sortino Ratio Rank: 51
HUTE.TO Omega Ratio Rank: 51
HUTE.TO Calmar Ratio Rank: 81
HUTE.TO Martin Ratio Rank: 61

TXF.TO

TXF.TO Risk / Return Rank: 86
TXF.TO Sharpe Ratio Rank: 92
TXF.TO Sortino Ratio Rank: 87
TXF.TO Omega Ratio Rank: 87
TXF.TO Calmar Ratio Rank: 82
TXF.TO Martin Ratio Rank: 81

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.

HUTE.TO vs. TXF.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harvest Equal Weight Global Utilities Enhanced Income ETF (HUTE.TO) and CI Tech Giants Covered Call Common (TXF.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.

	HUTE.TO	TXF.TO	Difference
Sharpe ratio Return per unit of total volatility	1.75	3.33	-1.59
Sortino ratio Return per unit of downside risk	2.50	3.99	-1.49
Omega ratio Gain probability vs. loss probability	1.32	1.55	-0.23
Calmar ratio Return relative to maximum drawdown	4.26	4.41	-0.15
Martin ratio Return relative to average drawdown	11.24	16.32	-5.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HUTE.TO vs. TXF.TO - Sharpe Ratio Comparison

The current HUTE.TO Sharpe Ratio is 1.75, which is lower than the TXF.TO Sharpe Ratio of 3.33. The chart below compares the historical Sharpe Ratios of HUTE.TO and TXF.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

	HUTE.TO	TXF.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.75	3.33	-1.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.77	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.84	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.12	0.81	+0.31

Drawdowns

HUTE.TO vs. TXF.TO - Drawdown Comparison

The maximum HUTE.TO drawdown since its inception was -18.36%, smaller than the maximum TXF.TO drawdown of -41.23%. Use the drawdown chart below to compare losses from any high point for HUTE.TO and TXF.TO.

Drawdown Indicators

	HUTE.TO	TXF.TO	Difference
Max Drawdown Largest peak-to-trough decline	-18.36%	-41.23%	+22.87%
Max Drawdown (1Y) Largest decline over 1 year	-4.57%	-15.43%	+10.86%
Max Drawdown (3Y) Largest decline over 3 years	-13.25%	-27.38%	+14.13%
Max Drawdown (5Y) Largest decline over 5 years	—	-41.23%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-41.23%	—
Current Drawdown Current decline from peak	-3.73%	0.00%	-3.73%
Average Drawdown Average peak-to-trough decline	-3.86%	-6.17%	+2.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.74%	4.17%	-2.43%

Volatility

HUTE.TO vs. TXF.TO - Volatility Comparison

The current volatility for Harvest Equal Weight Global Utilities Enhanced Income ETF (HUTE.TO) is 4.96%, while CI Tech Giants Covered Call Common (TXF.TO) has a volatility of 5.73%. This indicates that HUTE.TO experiences smaller price fluctuations and is considered to be less risky than TXF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HUTE.TO	TXF.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.96%	5.73%	-0.77%
Volatility (6M) Calculated over the trailing 6-month period	9.78%	16.39%	-6.61%
Volatility (1Y) Calculated over the trailing 1-year period	11.41%	20.10%	-8.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.34%	24.64%	-10.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.34%	23.55%	-9.21%

HUTE.TO vs. TXF.TO - Expense Ratio Comparison

HUTE.TO has a 0.50% expense ratio, which is lower than TXF.TO's 0.71% expense ratio.

Dividends

HUTE.TO vs. TXF.TO - Dividend Comparison

HUTE.TO's dividend yield for the trailing twelve months is around 9.15%, which matches TXF.TO's 9.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HUTE.TO Harvest Equal Weight Global Utilities Enhanced Income ETF	9.15%	9.64%	10.24%	10.70%	1.61%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TXF.TO CI Tech Giants Covered Call Common	9.12%	10.59%	9.76%	7.48%	14.13%	7.77%	11.01%	7.29%	9.29%	4.89%	6.16%	6.15%

Frequently Asked Questions

Can I hold both HUTE.TO and TXF.TO in my portfolio?

HUTE.TO and TXF.TO have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HUTE.TO or TXF.TO?

On fees, HUTE.TO is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HUTE.TO or TXF.TO?

HUTE.TO is cheaper with a 0.50% expense ratio, compared with 0.71% for TXF.TO.

What is the main difference between HUTE.TO and TXF.TO?

HUTE.TO is categorized as Derivative Income, while TXF.TO is Technology Equities. They also come from different issuers: Harvest and CI Investments. Their fees differ too: 0.50% for HUTE.TO and 0.71% for TXF.TO.