MSFH.TO vs. TECH.TO
MSFH.TO (Harvest Microsoft High Income Shares ETF Class A Units) and TECH.TO (Evolve FANGMA Index ETF Hedged CAD) are both Technology Equities funds. MSFH.TO is actively managed, while TECH.TO is passively managed. Over the past year, MSFH.TO returned -16.47% vs 9.38% for TECH.TO. A 0.59 correlation means they provide meaningful diversification when combined.
Performance
MSFH.TO vs. TECH.TO - Performance Comparison
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Returns By Period
In the year-to-date period, MSFH.TO achieves a -14.71% return, which is significantly lower than TECH.TO's 1.30% return.
MSFH.TO
- 1D
- 2.09%
- 1M
- -0.58%
- 6M
- -11.58%
- YTD
- -14.71%
- 1Y
- -16.47%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TECH.TO
- 1D
- 2.74%
- 1M
- 2.80%
- 6M
- 2.94%
- YTD
- 1.30%
- 1Y
- 9.38%
- 3Y*
- 22.52%
- 5Y*
- 13.50%
- 10Y*
- —
MSFH.TO vs. TECH.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MSFH.TO Harvest Microsoft High Income Shares ETF Class A Units | -14.71% | 6.58% | 5.90% |
TECH.TO Evolve FANGMA Index ETF Hedged CAD | 1.30% | 18.19% | 10.70% |
Correlation
The correlation between MSFH.TO and TECH.TO is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Aug 21, 2024 | 0.59 |
The correlation between MSFH.TO and TECH.TO has been stable across timeframes, ranging from 0.52 to 0.59 - a consistent structural relationship.
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Return for Risk
MSFH.TO vs. TECH.TO — Risk / Return Rank
MSFH.TO
TECH.TO
MSFH.TO vs. TECH.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 Evolve FANGMA Index ETF Hedged CAD (TECH.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 | TECH.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.18 | ||
| Sortino ratioReturn per unit of downside risk | -1.66 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.10 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | -0.54 | 0.57 | -1.10 |
| Martin ratioReturn relative to average drawdown | -0.97 | 1.57 | -2.54 |
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Drawdowns
MSFH.TO vs. TECH.TO - Drawdown Comparison
The maximum MSFH.TO drawdown since its inception was -31.00%, smaller than the maximum TECH.TO drawdown of -47.92%. Use the drawdown chart below to compare losses from any high point for MSFH.TO and TECH.TO.
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Drawdown Indicators
| MSFH.TO | TECH.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.00% | -47.92% | +16.92% |
Max Drawdown (1Y)Largest decline over 1 year | -31.00% | -16.60% | -14.40% |
Max Drawdown (3Y)Largest decline over 3 years | — | -24.14% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -47.92% | — |
Current DrawdownCurrent decline from peak | -23.17% | -3.80% | -19.37% |
Average DrawdownAverage peak-to-trough decline | -9.87% | -12.22% | +2.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.11% | 5.98% | +11.13% |
Volatility
MSFH.TO vs. TECH.TO - Volatility Comparison
Harvest Microsoft High Income Shares ETF Class A Units (MSFH.TO) has a higher volatility of 10.91% compared to Evolve FANGMA Index ETF Hedged CAD (TECH.TO) at 8.26%. This indicates that MSFH.TO's price experiences larger fluctuations and is considered to be riskier than TECH.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSFH.TO | TECH.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.91% | 8.26% | +2.65% |
Volatility (6M)Calculated over the trailing 6-month period | 21.78% | 15.11% | +6.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.35% | 19.12% | +5.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.48% | 26.77% | -3.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.48% | 26.46% | -2.98% |
Dividends
MSFH.TO vs. TECH.TO - Dividend Comparison
MSFH.TO's dividend yield for the trailing twelve months is around 19.13%, more than TECH.TO's 0.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
MSFH.TO Harvest Microsoft High Income Shares ETF Class A Units | 19.13% | 14.88% | 4.59% | 0.00% | 0.00% | 0.00% |
TECH.TO Evolve FANGMA Index ETF Hedged CAD | 0.09% | 0.09% | 0.12% | 0.20% | 0.35% | 0.17% |
Frequently Asked Questions
MSFH.TO and TECH.TO have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: Harvest and Evolve.
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