HYLD.TO vs. HDIF.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Hamilton Enhanced U.S. Covered Call ETF (HYLD.TO) and Harvest Diversified Monthly Income ETF - Class A Units (HDIF.TO).

HYLD.TO and HDIF.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HYLD.TO is an actively managed fund by Hamilton Capital. It was launched on Feb 4, 2022. HDIF.TO is an actively managed fund by Harvest. It was launched on Feb 11, 2022.

Performance

HYLD.TO vs. HDIF.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Hamilton Enhanced U.S. Covered Call ETF (HYLD.TO) and Harvest Diversified Monthly Income ETF - Class A Units (HDIF.TO). The values are adjusted to include any dividend payments, if applicable.

HYLD.TO vs. HDIF.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
HYLD.TO Hamilton Enhanced U.S. Covered Call ETF	-8.12%	22.14%	25.39%	19.01%	-19.54%
HDIF.TO Harvest Diversified Monthly Income ETF - Class A Units	-3.91%	15.61%	18.52%	12.79%	-15.12%

Returns By Period

In the year-to-date period, HYLD.TO achieves a -8.12% return, which is significantly lower than HDIF.TO's -3.91% return.

HYLD.TO

• 1D: 2.59%
• 1M: -6.74%
• YTD: -8.12%
• 6M: -4.52%
• 1Y: 18.39%
• 3Y*: 16.62%
• 5Y*: —
• 10Y*: —

HDIF.TO

• 1D: 1.81%
• 1M: -5.18%
• YTD: -3.91%
• 6M: 0.59%
• 1Y: 12.93%
• 3Y*: 13.29%
• 5Y*: —
• 10Y*: —

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

HYLD.TO vs. HDIF.TO - Expense Ratio Comparison

HYLD.TO has a 2.37% expense ratio, which is lower than HDIF.TO's 2.47% expense ratio.

HDIF.TO

Harvest Diversified Monthly Income ETF - Class A Units

HYLD.TO

Hamilton Enhanced U.S. Covered Call ETF

Return for Risk

HYLD.TO vs. HDIF.TO — Risk / Return Rank

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

HYLD.TO

HYLD.TO Risk / Return Rank: 57
HYLD.TO Sharpe Ratio Rank: 50
HYLD.TO Sortino Ratio Rank: 54
HYLD.TO Omega Ratio Rank: 58
HYLD.TO Calmar Ratio Rank: 59
HYLD.TO Martin Ratio Rank: 63

HDIF.TO

HDIF.TO Risk / Return Rank: 44
HDIF.TO Sharpe Ratio Rank: 41
HDIF.TO Sortino Ratio Rank: 41
HDIF.TO Omega Ratio Rank: 45
HDIF.TO Calmar Ratio Rank: 43
HDIF.TO Martin Ratio Rank: 51

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.

HYLD.TO vs. HDIF.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hamilton Enhanced U.S. Covered Call ETF (HYLD.TO) and Harvest Diversified Monthly Income ETF - Class A Units (HDIF.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.

	HYLD.TO	HDIF.TO	Difference
Sharpe ratio Return per unit of total volatility	0.85	0.72	+0.13
Sortino ratio Return per unit of downside risk	1.34	1.10	+0.23
Omega ratio Gain probability vs. loss probability	1.20	1.17	+0.03
Calmar ratio Return relative to maximum drawdown	1.36	1.03	+0.34
Martin ratio Return relative to average drawdown	5.82	4.64	+1.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HYLD.TO vs. HDIF.TO - Sharpe Ratio Comparison

The current HYLD.TO Sharpe Ratio is 0.85, which is comparable to the HDIF.TO Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of HYLD.TO and HDIF.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HYLD.TO	HDIF.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.85	0.72	+0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.33	+0.07

Correlation

The correlation between HYLD.TO and HDIF.TO is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

HYLD.TO vs. HDIF.TO - Dividend Comparison

HYLD.TO's dividend yield for the trailing twelve months is around 12.36%, more than HDIF.TO's 10.05% yield.

	TTM	2025	2024	2023	2022
HYLD.TO Hamilton Enhanced U.S. Covered Call ETF	12.36%	11.98%	12.13%	12.11%	13.02%
HDIF.TO Harvest Diversified Monthly Income ETF - Class A Units	10.05%	9.93%	10.15%	10.62%	8.95%

Drawdowns

HYLD.TO vs. HDIF.TO - Drawdown Comparison

The maximum HYLD.TO drawdown since its inception was -31.38%, which is greater than HDIF.TO's maximum drawdown of -24.07%. Use the drawdown chart below to compare losses from any high point for HYLD.TO and HDIF.TO.

Drawdown Indicators

	HYLD.TO	HDIF.TO	Difference
Max Drawdown Largest peak-to-trough decline	-31.38%	-24.07%	-7.31%
Max Drawdown (1Y) Largest decline over 1 year	-14.02%	-13.20%	-0.82%
Current Drawdown Current decline from peak	-9.77%	-7.13%	-2.64%
Average Drawdown Average peak-to-trough decline	-9.24%	-6.90%	-2.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.28%	2.92%	+0.36%

Volatility

HYLD.TO vs. HDIF.TO - Volatility Comparison

Hamilton Enhanced U.S. Covered Call ETF (HYLD.TO) has a higher volatility of 7.05% compared to Harvest Diversified Monthly Income ETF - Class A Units (HDIF.TO) at 5.28%. This indicates that HYLD.TO's price experiences larger fluctuations and is considered to be riskier than HDIF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HYLD.TO	HDIF.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.05%	5.28%	+1.77%
Volatility (6M) Calculated over the trailing 6-month period	12.24%	10.10%	+2.14%
Volatility (1Y) Calculated over the trailing 1-year period	21.72%	18.06%	+3.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.29%	17.63%	+1.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.29%	17.63%	+1.66%