HUTS.TO vs. HFG.TO
HUTS.TO (Hamilton Enhanced Utilities ETF) and HFG.TO (Hamilton Global Financials ETF) are both exchange-traded funds - HUTS.TO is a Utilities Equities fund tracking the Solactive Canadian Utility Services High Dividend Index TR, while HFG.TO is a Financials Equities fund actively managed by Hamilton. HUTS.TO is passively managed, while HFG.TO is actively managed. Over the past 3 years, HUTS.TO returned 15.86%/yr vs 24.59%/yr for HFG.TO. At a 0.27 correlation, their price movements are largely independent.
Performance
HUTS.TO vs. HFG.TO - Performance Comparison
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Returns By Period
In the year-to-date period, HUTS.TO achieves a 18.96% return, which is significantly higher than HFG.TO's 7.82% return.
HUTS.TO
- 1D
- -0.19%
- 1M
- 0.47%
- 6M
- 17.44%
- YTD
- 18.96%
- 1Y
- 29.32%
- 3Y*
- 15.86%
- 5Y*
- —
- 10Y*
- —
HFG.TO
- 1D
- -0.79%
- 1M
- 4.91%
- 6M
- 6.75%
- YTD
- 7.82%
- 1Y
- 17.90%
- 3Y*
- 24.59%
- 5Y*
- 15.45%
- 10Y*
- —
HUTS.TO vs. HFG.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
HUTS.TO Hamilton Enhanced Utilities ETF | 18.96% | 21.29% | 9.40% | -3.91% | -12.96% |
HFG.TO Hamilton Global Financials ETF | 7.82% | 22.93% | 30.80% | 18.51% | 3.83% |
Correlation
The correlation between HUTS.TO and HFG.TO is 0.00, 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 | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Sep 6, 2022 | 0.27 |
Over the past year, the correlation between HUTS.TO and HFG.TO has dropped to 0.00 - well below their long-term average of 0.27, suggesting their price drivers have been diverging.
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Return for Risk
HUTS.TO vs. HFG.TO — Risk / Return Rank
HUTS.TO
HFG.TO
HUTS.TO vs. HFG.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hamilton Enhanced Utilities ETF (HUTS.TO) and Hamilton Global Financials ETF (HFG.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.
| HUTS.TO | HFG.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.48 | ||
| Sortino ratioReturn per unit of downside risk | +2.02 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.27 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 5.02 | 1.64 | +3.37 |
| Martin ratioReturn relative to average drawdown | 13.97 | 5.19 | +8.78 |
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Drawdowns
HUTS.TO vs. HFG.TO - Drawdown Comparison
The maximum HUTS.TO drawdown since its inception was -30.57%, smaller than the maximum HFG.TO drawdown of -42.71%. Use the drawdown chart below to compare losses from any high point for HUTS.TO and HFG.TO.
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Drawdown Indicators
| HUTS.TO | HFG.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.57% | -42.71% | +12.14% |
Max Drawdown (1Y)Largest decline over 1 year | -5.87% | -10.95% | +5.08% |
Max Drawdown (3Y)Largest decline over 3 years | -18.98% | -13.64% | -5.34% |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.20% | — |
Current DrawdownCurrent decline from peak | -1.85% | -0.79% | -1.06% |
Average DrawdownAverage peak-to-trough decline | -9.81% | -5.37% | -4.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.10% | 3.46% | -1.36% |
Volatility
HUTS.TO vs. HFG.TO - Volatility Comparison
Hamilton Enhanced Utilities ETF (HUTS.TO) has a higher volatility of 4.54% compared to Hamilton Global Financials ETF (HFG.TO) at 3.65%. This indicates that HUTS.TO's price experiences larger fluctuations and is considered to be riskier than HFG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HUTS.TO | HFG.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.54% | 3.65% | +0.89% |
Volatility (6M)Calculated over the trailing 6-month period | 8.70% | 10.72% | -2.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.29% | 13.05% | -2.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.98% | 16.04% | -1.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.98% | 20.25% | -5.27% |
Dividends
HUTS.TO vs. HFG.TO - Dividend Comparison
HUTS.TO's dividend yield for the trailing twelve months is around 5.52%, more than HFG.TO's 2.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
HFG.TO Hamilton Global Financials ETF | 2.40% | 2.55% | 3.05% | 3.86% | 10.09% | 4.16% | 1.85% |
HUTS.TO Hamilton Enhanced Utilities ETF | 5.52% | 6.45% | 7.45% | 7.83% | 2.33% | 0.00% | 0.00% |
Frequently Asked Questions
HUTS.TO and HFG.TO have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HUTS.TO is categorized as Utilities Equities, while HFG.TO is Financials Equities.
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