MSFH.TO vs. QMVP.TO

Last updated Jul 16, 2026

MSFH.TO (Harvest Microsoft High Income Shares ETF Class A Units) and QMVP.TO (Hamilton Champions U.S. Technology Index ETF) are both Technology Equities funds. MSFH.TO is actively managed, while QMVP.TO is passively managed. At a 0.32 correlation, their price movements are largely independent.

Performance

MSFH.TO vs. QMVP.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Microsoft High Income Shares ETF Class A Units (MSFH.TO) and Hamilton Champions U.S. Technology Index ETF (QMVP.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MSFH.TO

• 1D: 2.09%
• 1M: -0.58%
• 6M: -11.58%
• YTD: -14.71%
• 1Y: -16.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QMVP.TO

• 1D: -0.30%
• 1M: -0.88%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MSFH.TO vs. QMVP.TO - Yearly Performance Comparison

	2026 (YTD)
MSFH.TO Harvest Microsoft High Income Shares ETF Class A Units	-10.51%
QMVP.TO Hamilton Champions U.S. Technology Index ETF	26.40%

Correlation

The correlation between MSFH.TO and QMVP.TO is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 21, 2026	0.32

Return for Risk

MSFH.TO vs. QMVP.TO — Risk / Return Rank

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

MSFH.TO

MSFH.TO Risk / Return Rank: 4
MSFH.TO Sharpe Ratio Rank: 4
MSFH.TO Sortino Ratio Rank: 4
MSFH.TO Omega Ratio Rank: 4
MSFH.TO Calmar Ratio Rank: 5
MSFH.TO Martin Ratio Rank: 5

QMVP.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.

MSFH.TO vs. QMVP.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harvest Microsoft High Income Shares ETF Class A Units (MSFH.TO) and Hamilton Champions U.S. Technology Index ETF (QMVP.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.

	MSFH.TO	QMVP.TO	Difference
Sharpe ratio: Return per unit of total volatility	-0.68	—	—
Sortino ratio: Return per unit of downside risk	-0.82	—	—
Omega ratio: Gain probability vs. loss probability	0.90	—	—
Calmar ratio: Return relative to maximum drawdown	-0.54	—	—
Martin ratio: Return relative to average drawdown	-0.97	—	—

Drawdowns

MSFH.TO vs. QMVP.TO - Drawdown Comparison

The maximum MSFH.TO drawdown since its inception was -31.00%, which is greater than QMVP.TO's maximum drawdown of -12.77%. Use the drawdown chart below to compare losses from any high point for MSFH.TO and QMVP.TO.

Drawdown Indicators

	MSFH.TO	QMVP.TO	Difference
Max Drawdown Largest peak-to-trough decline	-31.00%	-12.77%	-18.23%
Max Drawdown (1Y) Largest decline over 1 year	-31.00%	—	—
Current Drawdown Current decline from peak	-23.17%	-2.60%	-20.57%
Average Drawdown Average peak-to-trough decline	-9.87%	-3.62%	-6.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.11%	—	—

Volatility

Volatility by Period

	MSFH.TO	QMVP.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.91%	—	—
Volatility (6M) Calculated over the trailing 6-month period	21.78%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.35%	25.17%	-0.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.48%	25.17%	-1.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.48%	25.17%	-1.69%

Dividends

MSFH.TO vs. QMVP.TO - Dividend Comparison

MSFH.TO's dividend yield for the trailing twelve months is around 19.13%, more than QMVP.TO's 0.25% yield.

Position	TTM	2025	2024
MSFH.TO Harvest Microsoft High Income Shares ETF Class A Units	19.13%	14.88%	4.59%
QMVP.TO Hamilton Champions U.S. Technology Index ETF	0.25%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MSFH.TO and QMVP.TO in my portfolio?

MSFH.TO and QMVP.TO have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between MSFH.TO and QMVP.TO?

They also come from different issuers: Harvest and Hamilton.