HUTS.TO vs. HHIC.TO

Last updated Jun 14, 2026

HUTS.TO (Hamilton Enhanced Utilities ETF) and HHIC.TO (Harvest Canadian High Income Shares ETF) are both exchange-traded funds - HUTS.TO is a Utilities Equities fund tracking the Solactive Canadian Utility Services High Dividend Index TR, while HHIC.TO is a Canada Equities fund actively managed by Harvest. HUTS.TO is passively managed, while HHIC.TO is actively managed. At a 0.07 correlation, their price movements are largely independent. HUTS.TO charges 2.06%/yr vs 0.40%/yr for HHIC.TO.

Performance

HUTS.TO vs. HHIC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Hamilton Enhanced Utilities ETF (HUTS.TO) and Harvest Canadian High Income Shares ETF (HHIC.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HUTS.TO achieves a 20.32% return, which is significantly higher than HHIC.TO's 12.03% return.

HUTS.TO

• 1D: -0.73%
• 1M: 4.35%
• YTD: 20.32%
• 6M: 21.83%
• 1Y: 35.24%
• 3Y*: 14.74%
• 5Y*: —
• 10Y*: —

HHIC.TO

• 1D: 0.93%
• 1M: 2.73%
• YTD: 12.03%
• 6M: 13.19%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HUTS.TO vs. HHIC.TO - Yearly Performance Comparison

	2026 (YTD)	2025
HUTS.TO Hamilton Enhanced Utilities ETF	20.32%	3.34%
HHIC.TO Harvest Canadian High Income Shares ETF	12.03%	16.60%

Correlation

The correlation between HUTS.TO and HHIC.TO is 0.07, 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 (All Time) Calculated using the full available price history since Aug 21, 2025	0.07

HUTS.TO vs. HHIC.TO - Sectors Allocation Comparison

Sectors	HUTS.TO	HHIC.TO
Utilities	41.3%	-
Energy	35.1%	34.8%
Communication Services	23.6%	10.2%
Basic Materials	-	11.3%
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	32.7%
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	11.0%

Return for Risk

HUTS.TO vs. HHIC.TO — Risk / Return Rank

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

HUTS.TO

HUTS.TO Risk / Return Rank: 94
HUTS.TO Sharpe Ratio Rank: 96
HUTS.TO Sortino Ratio Rank: 96
HUTS.TO Omega Ratio Rank: 95
HUTS.TO Calmar Ratio Rank: 93
HUTS.TO Martin Ratio Rank: 91

HHIC.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.

HUTS.TO vs. HHIC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hamilton Enhanced Utilities ETF (HUTS.TO) and Harvest Canadian High Income Shares ETF (HHIC.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	HHIC.TO	Difference
Sharpe ratio: Return per unit of total volatility	3.70	—	—
Sortino ratio: Return per unit of downside risk	5.25	—	—
Omega ratio: Gain probability vs. loss probability	1.68	—	—
Calmar ratio: Return relative to maximum drawdown	6.06	—	—
Martin ratio: Return relative to average drawdown	19.00	—	—

Drawdowns

HUTS.TO vs. HHIC.TO - Drawdown Comparison

The maximum HUTS.TO drawdown since its inception was -30.57%, which is greater than HHIC.TO's maximum drawdown of -7.30%. Use the drawdown chart below to compare losses from any high point for HUTS.TO and HHIC.TO.

Drawdown Indicators

	HUTS.TO	HHIC.TO	Difference
Max Drawdown Largest peak-to-trough decline	-30.57%	-7.30%	-23.27%
Max Drawdown (1Y) Largest decline over 1 year	-5.84%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-20.25%	—	—
Current Drawdown Current decline from peak	-0.73%	-2.35%	+1.62%
Average Drawdown Average peak-to-trough decline	-9.99%	-1.52%	-8.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.86%	—	—

Volatility

Volatility by Period

	HUTS.TO	HHIC.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.41%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.73%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.58%	16.93%	-7.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.98%	16.93%	-1.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.98%	16.93%	-1.95%

HUTS.TO vs. HHIC.TO - Expense Ratio Comparison

HUTS.TO has a 2.06% expense ratio, which is higher than HHIC.TO's 0.40% expense ratio.

Dividends

HUTS.TO vs. HHIC.TO - Dividend Comparison

HUTS.TO's dividend yield for the trailing twelve months is around 5.43%, less than HHIC.TO's 11.06% yield.

Position	TTM	2025	2024	2023	2022
HHIC.TO Harvest Canadian High Income Shares ETF	11.06%	4.77%	0.00%	0.00%	0.00%
HUTS.TO Hamilton Enhanced Utilities ETF	5.43%	6.45%	7.45%	7.83%	2.33%

Frequently Asked Questions

Can I hold both HUTS.TO and HHIC.TO in my portfolio?

HUTS.TO and HHIC.TO have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HUTS.TO or HHIC.TO?

On fees, HHIC.TO is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HUTS.TO or HHIC.TO?

HHIC.TO is cheaper with a 0.40% expense ratio, compared with 2.06% for HUTS.TO.

What is the main difference between HUTS.TO and HHIC.TO?

HUTS.TO is categorized as Utilities Equities, while HHIC.TO is Canada Equities. They also come from different issuers: Hamilton and Harvest. Their fees differ too: 2.06% for HUTS.TO and 0.40% for HHIC.TO.