HUTS.TO vs. XFR.TO
HUTS.TO (Hamilton Enhanced Utilities ETF) and XFR.TO (iShares Floating Rate Index ETF) are both exchange-traded funds - HUTS.TO is a Utilities Equities fund tracking the Solactive Canadian Utility Services High Dividend Index TR, while XFR.TO is a Canadian Government Bonds fund tracking the Morningstar Can 1-5Y Core Bd GR CAD. Both are passively managed. Over the past 3 years, HUTS.TO returned 14.74%/yr vs 3.98%/yr for XFR.TO. At a 0.02 correlation, their price movements are largely independent. HUTS.TO charges 2.06%/yr vs 0.14%/yr for XFR.TO.
Performance
HUTS.TO vs. XFR.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HUTS.TO achieves a 20.32% return, which is significantly higher than XFR.TO's 1.15% return.
HUTS.TO
- 1D
- -0.73%
- 1M
- 4.35%
- YTD
- 20.32%
- 6M
- 21.83%
- 1Y
- 35.24%
- 3Y*
- 14.74%
- 5Y*
- —
- 10Y*
- —
XFR.TO
- 1D
- 0.05%
- 1M
- 0.26%
- YTD
- 1.15%
- 6M
- 1.33%
- 1Y
- 3.02%
- 3Y*
- 3.98%
- 5Y*
- 3.24%
- 10Y*
- 2.26%
HUTS.TO vs. XFR.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
HUTS.TO Hamilton Enhanced Utilities ETF | 20.32% | 21.29% | 9.40% | -3.91% | -12.96% |
XFR.TO iShares Floating Rate Index ETF | 1.15% | 3.33% | 4.57% | 5.29% | 1.24% |
Correlation
The correlation between HUTS.TO and XFR.TO is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Sep 6, 2022 | 0.02 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HUTS.TO vs. XFR.TO — Risk / Return Rank
HUTS.TO
XFR.TO
HUTS.TO vs. XFR.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hamilton Enhanced Utilities ETF (HUTS.TO) and iShares Floating Rate Index ETF (XFR.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 | XFR.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -1.79 | ||
| Omega ratioGain probability vs. loss probability | 1.68 | 1.98 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 6.06 | 29.79 | -23.73 |
| Martin ratioReturn relative to average drawdown | 19.00 | 90.21 | -71.21 |
Loading charts...
Drawdowns
HUTS.TO vs. XFR.TO - Drawdown Comparison
The maximum HUTS.TO drawdown since its inception was -30.57%, which is greater than XFR.TO's maximum drawdown of -4.12%. Use the drawdown chart below to compare losses from any high point for HUTS.TO and XFR.TO.
Loading charts...
Drawdown Indicators
| HUTS.TO | XFR.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.57% | -4.12% | -26.45% |
Max Drawdown (1Y)Largest decline over 1 year | -5.84% | -0.10% | -5.74% |
Max Drawdown (3Y)Largest decline over 3 years | -20.25% | -0.30% | -19.95% |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.30% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -4.12% | — |
Current DrawdownCurrent decline from peak | -0.73% | 0.00% | -0.73% |
Average DrawdownAverage peak-to-trough decline | -9.99% | -0.06% | -9.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.86% | 0.03% | +1.83% |
Volatility
HUTS.TO vs. XFR.TO - Volatility Comparison
Hamilton Enhanced Utilities ETF (HUTS.TO) has a higher volatility of 3.41% compared to iShares Floating Rate Index ETF (XFR.TO) at 0.23%. This indicates that HUTS.TO's price experiences larger fluctuations and is considered to be riskier than XFR.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HUTS.TO | XFR.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.41% | 0.23% | +3.18% |
Volatility (6M)Calculated over the trailing 6-month period | 7.73% | 0.47% | +7.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.58% | 0.72% | +8.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.98% | 0.85% | +14.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.98% | 1.86% | +13.12% |
HUTS.TO vs. XFR.TO - Expense Ratio Comparison
HUTS.TO has a 2.06% expense ratio, which is higher than XFR.TO's 0.14% expense ratio.
Dividends
HUTS.TO vs. XFR.TO - Dividend Comparison
HUTS.TO's dividend yield for the trailing twelve months is around 5.43%, more than XFR.TO's 2.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HUTS.TO Hamilton Enhanced Utilities ETF | 5.43% | 6.45% | 7.45% | 7.83% | 2.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XFR.TO iShares Floating Rate Index ETF | 2.77% | 3.23% | 4.93% | 4.91% | 1.84% | 0.30% | 1.07% | 1.99% | 1.64% | 0.92% | 0.65% | 0.95% |
Frequently Asked Questions
HUTS.TO and XFR.TO have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XFR.TO is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XFR.TO is cheaper with a 0.14% expense ratio, compared with 2.06% for HUTS.TO.
HUTS.TO is categorized as Utilities Equities, while XFR.TO is Canadian Government Bonds. HUTS.TO tracks Solactive Canadian Utility Services High Dividend Index TR, while XFR.TO tracks Morningstar Can 1-5Y Core Bd GR CAD. They also come from different issuers: Hamilton and iShares. Their fees differ too: 2.06% for HUTS.TO and 0.14% for XFR.TO.
Find the right allocation for HUTS.TO and XFR.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer