LLYH.TO vs. NVHE.TO

Last updated Jun 4, 2026

LLYH.TO (Harvest Eli Lilly High Income Shares ETF Class A Units) and NVHE.TO (Harvest NVIDIA Enhanced High Income Shares ETF) are both exchange-traded funds - LLYH.TO is a Dividend fund actively managed by Harvest, while NVHE.TO is a Derivative Income fund actively managed by Harvest. Both are actively managed. Over the past year, LLYH.TO returned 39.69% vs 63.05% for NVHE.TO. At a 0.09 correlation, their price movements are largely independent. Both charge a 0.40% expense ratio.

Performance

LLYH.TO vs. NVHE.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Eli Lilly High Income Shares ETF Class A Units (LLYH.TO) and Harvest NVIDIA Enhanced High Income Shares ETF (NVHE.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LLYH.TO achieves a 3.76% return, which is significantly lower than NVHE.TO's 19.13% return.

LLYH.TO

• 1D: 1.49%
• 1M: 11.47%
• YTD: 3.76%
• 6M: 6.93%
• 1Y: 39.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVHE.TO

• 1D: -3.24%
• 1M: 10.90%
• YTD: 19.13%
• 6M: 22.99%
• 1Y: 63.05%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LLYH.TO vs. NVHE.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
LLYH.TO Harvest Eli Lilly High Income Shares ETF Class A Units	3.76%	24.63%	-11.16%
NVHE.TO Harvest NVIDIA Enhanced High Income Shares ETF	19.13%	31.47%	10.09%

Correlation

The correlation between LLYH.TO and NVHE.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 (All Time) Calculated using the full available price history since Aug 22, 2024	0.09

The correlation between LLYH.TO and NVHE.TO shifts across timeframes, from -0.01 (1 year) to 0.09 (all time), reflecting how their relationship changes across market environments.

Return for Risk

LLYH.TO vs. NVHE.TO — Risk / Return Rank

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

LLYH.TO

LLYH.TO Risk / Return Rank: 36
LLYH.TO Sharpe Ratio Rank: 34
LLYH.TO Sortino Ratio Rank: 33
LLYH.TO Omega Ratio Rank: 38
LLYH.TO Calmar Ratio Rank: 39
LLYH.TO Martin Ratio Rank: 35

NVHE.TO

NVHE.TO Risk / Return Rank: 53
NVHE.TO Sharpe Ratio Rank: 53
NVHE.TO Sortino Ratio Rank: 48
NVHE.TO Omega Ratio Rank: 47
NVHE.TO Calmar Ratio Rank: 69
NVHE.TO Martin Ratio Rank: 49

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.

LLYH.TO vs. NVHE.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harvest Eli Lilly High Income Shares ETF Class A Units (LLYH.TO) and Harvest NVIDIA Enhanced High Income Shares ETF (NVHE.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.

	LLYH.TO	NVHE.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.21	1.82	-0.61
Sortino ratio: Return per unit of downside risk	1.72	2.38	-0.67
Omega ratio: Gain probability vs. loss probability	1.25	1.30	-0.05
Calmar ratio: Return relative to maximum drawdown	1.90	3.44	-1.54
Martin ratio: Return relative to average drawdown	5.21	8.22	-3.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LLYH.TO vs. NVHE.TO - Sharpe Ratio Comparison

The current LLYH.TO Sharpe Ratio is 1.21, which is lower than the NVHE.TO Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of LLYH.TO and NVHE.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LLYH.TO	NVHE.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.21	1.82	-0.61
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.73	-0.49

Drawdowns

LLYH.TO vs. NVHE.TO - Drawdown Comparison

The maximum LLYH.TO drawdown since its inception was -31.00%, smaller than the maximum NVHE.TO drawdown of -40.87%. Use the drawdown chart below to compare losses from any high point for LLYH.TO and NVHE.TO.

Drawdown Indicators

	LLYH.TO	NVHE.TO	Difference
Max Drawdown Largest peak-to-trough decline	-31.00%	-40.87%	+9.87%
Max Drawdown (1Y) Largest decline over 1 year	-20.97%	-18.41%	-2.56%
Current Drawdown Current decline from peak	-2.39%	-6.82%	+4.43%
Average Drawdown Average peak-to-trough decline	-10.18%	-9.56%	-0.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.64%	7.69%	-0.05%

Volatility

LLYH.TO vs. NVHE.TO - Volatility Comparison

The current volatility for Harvest Eli Lilly High Income Shares ETF Class A Units (LLYH.TO) is 6.85%, while Harvest NVIDIA Enhanced High Income Shares ETF (NVHE.TO) has a volatility of 11.69%. This indicates that LLYH.TO experiences smaller price fluctuations and is considered to be less risky than NVHE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LLYH.TO	NVHE.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.85%	11.69%	-4.84%
Volatility (6M) Calculated over the trailing 6-month period	24.78%	26.62%	-1.84%
Volatility (1Y) Calculated over the trailing 1-year period	33.04%	34.87%	-1.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.82%	49.11%	-15.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.82%	49.11%	-15.29%

LLYH.TO vs. NVHE.TO - Expense Ratio Comparison

Both LLYH.TO and NVHE.TO have an expense ratio of 0.40%.

Dividends

LLYH.TO vs. NVHE.TO - Dividend Comparison

LLYH.TO's dividend yield for the trailing twelve months is around 17.81%, less than NVHE.TO's 21.19% yield.

Position	TTM	2025	2024
LLYH.TO Harvest Eli Lilly High Income Shares ETF Class A Units	17.81%	17.54%	6.17%
NVHE.TO Harvest NVIDIA Enhanced High Income Shares ETF	21.19%	21.62%	7.29%

Frequently Asked Questions

Can I hold both LLYH.TO and NVHE.TO in my portfolio?

LLYH.TO and NVHE.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.

Which ETF is better, LLYH.TO or NVHE.TO?

Both ETFs have the same 0.40% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LLYH.TO or NVHE.TO?

LLYH.TO and NVHE.TO have the same expense ratio: 0.40% per year.

What is the main difference between LLYH.TO and NVHE.TO?

LLYH.TO is categorized as Dividend, while NVHE.TO is Derivative Income.