MSFH.TO vs. XCHP.TO
MSFH.TO (Harvest Microsoft High Income Shares ETF Class A Units) and XCHP.TO (iShares Semiconductor Index ETF) are both exchange-traded funds - MSFH.TO is a Technology Equities fund actively managed by Harvest, while XCHP.TO is a Semiconductors fund tracking the NYSE Semiconductor Index. MSFH.TO is actively managed, while XCHP.TO is passively managed. Over the past year, MSFH.TO returned -16.47% vs 131.02% for XCHP.TO. At a 0.27 correlation, their price movements are largely independent.
Performance
MSFH.TO vs. XCHP.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MSFH.TO achieves a -14.71% return, which is significantly lower than XCHP.TO's 88.75% return.
MSFH.TO
- 1D
- 2.09%
- 1M
- -0.58%
- 6M
- -11.58%
- YTD
- -14.71%
- 1Y
- -16.47%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XCHP.TO
- 1D
- -2.39%
- 1M
- -11.18%
- 6M
- 70.16%
- YTD
- 88.75%
- 1Y
- 131.02%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MSFH.TO vs. XCHP.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% |
XCHP.TO iShares Semiconductor Index ETF | 88.75% | 32.93% | -1.64% |
Correlation
The correlation between MSFH.TO and XCHP.TO is 0.06, 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 | 0.06 |
Correlation (All Time) Calculated using the full available price history since Aug 21, 2024 | 0.27 |
Over the past year, the correlation between MSFH.TO and XCHP.TO has dropped to 0.06 - well below their long-term average of 0.27, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MSFH.TO vs. XCHP.TO — Risk / Return Rank
MSFH.TO
XCHP.TO
MSFH.TO vs. XCHP.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 iShares Semiconductor Index ETF (XCHP.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 | XCHP.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.84 | ||
| Sortino ratioReturn per unit of downside risk | -4.07 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.46 | -0.56 |
| Calmar ratioReturn relative to maximum drawdown | -0.54 | 8.33 | -8.87 |
| Martin ratioReturn relative to average drawdown | -0.97 | 26.14 | -27.11 |
Loading charts...
Drawdowns
MSFH.TO vs. XCHP.TO - Drawdown Comparison
The maximum MSFH.TO drawdown since its inception was -31.00%, smaller than the maximum XCHP.TO drawdown of -39.06%. Use the drawdown chart below to compare losses from any high point for MSFH.TO and XCHP.TO.
Loading charts...
Drawdown Indicators
| MSFH.TO | XCHP.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.00% | -39.06% | +8.06% |
Max Drawdown (1Y)Largest decline over 1 year | -31.00% | -15.82% | -15.18% |
Current DrawdownCurrent decline from peak | -23.17% | -15.82% | -7.35% |
Average DrawdownAverage peak-to-trough decline | -9.87% | -8.23% | -1.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.11% | 5.03% | +12.08% |
Volatility
MSFH.TO vs. XCHP.TO - Volatility Comparison
The current volatility for Harvest Microsoft High Income Shares ETF Class A Units (MSFH.TO) is 10.91%, while iShares Semiconductor Index ETF (XCHP.TO) has a volatility of 22.39%. This indicates that MSFH.TO experiences smaller price fluctuations and is considered to be less risky than XCHP.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MSFH.TO | XCHP.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.91% | 22.39% | -11.48% |
Volatility (6M)Calculated over the trailing 6-month period | 21.78% | 35.90% | -14.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.35% | 41.78% | -17.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.48% | 39.04% | -15.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.48% | 39.04% | -15.56% |
Dividends
MSFH.TO vs. XCHP.TO - Dividend Comparison
MSFH.TO's dividend yield for the trailing twelve months is around 19.13%, more than XCHP.TO's 0.05% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
MSFH.TO Harvest Microsoft High Income Shares ETF Class A Units | 19.13% | 14.88% | 4.59% |
XCHP.TO iShares Semiconductor Index ETF | 0.05% | 0.00% | 0.00% |
Frequently Asked Questions
MSFH.TO and XCHP.TO have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSFH.TO is categorized as Technology Equities, while XCHP.TO is Semiconductors. They also come from different issuers: Harvest and iShares.
Find the right allocation for MSFH.TO and XCHP.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer