HVOI.TO vs. HBIX.NEO

Last updated Apr 2, 2026

Compare and contrast key facts about Harvest Low Volatility Canadian Equity Income ETF Class A (HVOI.TO) and Harvest Bitcoin Enhanced Income ETF (HBIX.NEO).

HVOI.TO and HBIX.NEO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HVOI.TO is an actively managed fund by Harvest. It was launched on Apr 11, 2025. HBIX.NEO is an actively managed fund by Harvest. It was launched on Apr 28, 2025.

Performance

HVOI.TO vs. HBIX.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Low Volatility Canadian Equity Income ETF Class A (HVOI.TO) and Harvest Bitcoin Enhanced Income ETF (HBIX.NEO). The values are adjusted to include any dividend payments, if applicable.

HVOI.TO vs. HBIX.NEO - Yearly Performance Comparison

	2026 (YTD)	2025
HVOI.TO Harvest Low Volatility Canadian Equity Income ETF Class A	2.01%	12.99%
HBIX.NEO Harvest Bitcoin Enhanced Income ETF	-24.07%	-6.82%

Returns By Period

In the year-to-date period, HVOI.TO achieves a 2.01% return, which is significantly higher than HBIX.NEO's -24.07% return.

HVOI.TO

• 1D: 0.30%
• 1M: -3.75%
• YTD: 2.01%
• 6M: 5.43%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HBIX.NEO

• 1D: 0.15%
• 1M: 1.72%
• YTD: -24.07%
• 6M: -46.58%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HVOI.TO vs. HBIX.NEO - Expense Ratio Comparison

HBIX.NEO

Harvest Bitcoin Enhanced Income ETF

Return for Risk

HVOI.TO vs. HBIX.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harvest Low Volatility Canadian Equity Income ETF Class A (HVOI.TO) and Harvest Bitcoin Enhanced Income ETF (HBIX.NEO). 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.

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

Sharpe Ratios by Period

	HVOI.TO	HBIX.NEO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.18	-0.60	+2.78

Correlation

The correlation between HVOI.TO and HBIX.NEO is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

HVOI.TO vs. HBIX.NEO - Dividend Comparison

HVOI.TO's dividend yield for the trailing twelve months is around 6.53%, less than HBIX.NEO's 37.84% yield.

	TTM	2025
HVOI.TO Harvest Low Volatility Canadian Equity Income ETF Class A	6.53%	4.76%
HBIX.NEO Harvest Bitcoin Enhanced Income ETF	37.84%	20.21%

Drawdowns

HVOI.TO vs. HBIX.NEO - Drawdown Comparison

The maximum HVOI.TO drawdown since its inception was -6.72%, smaller than the maximum HBIX.NEO drawdown of -55.90%. Use the drawdown chart below to compare losses from any high point for HVOI.TO and HBIX.NEO.

Drawdown Indicators

	HVOI.TO	HBIX.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-6.72%	-55.90%	+49.18%
Current Drawdown Current decline from peak	-4.02%	-49.72%	+45.70%
Average Drawdown Average peak-to-trough decline	-0.80%	-19.91%	+19.11%

Volatility

Volatility by Period

	HVOI.TO	HBIX.NEO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	8.43%	52.86%	-44.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.43%	52.86%	-44.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.43%	52.86%	-44.43%