MSTE.TO vs. NXF.TO
MSTE.TO (Harvest MicroStrategy Enhanced High Income Shares ETF) and NXF.TO (CI Energy Giants Covered Call ETF Common Units (CAD Hedged)) are both exchange-traded funds - MSTE.TO is a Derivative Income fund actively managed by Harvest, while NXF.TO is a Energy Equities fund actively managed by CI. Both are actively managed. Over the past year, MSTE.TO returned -71.76% vs 45.90% for NXF.TO. At a 0.10 correlation, their price movements are largely independent.
Performance
MSTE.TO vs. NXF.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MSTE.TO achieves a -20.32% return, which is significantly lower than NXF.TO's 32.43% return.
MSTE.TO
- 1D
- -8.67%
- 1M
- -33.14%
- YTD
- -20.32%
- 6M
- -37.71%
- 1Y
- -71.76%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NXF.TO
- 1D
- 1.17%
- 1M
- -2.11%
- YTD
- 32.43%
- 6M
- 29.37%
- 1Y
- 45.90%
- 3Y*
- 15.64%
- 5Y*
- 17.39%
- 10Y*
- 8.23%
MSTE.TO vs. NXF.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MSTE.TO Harvest MicroStrategy Enhanced High Income Shares ETF | -20.32% | -55.56% |
NXF.TO CI Energy Giants Covered Call ETF Common Units (CAD Hedged) | 32.43% | 10.54% |
Correlation
The correlation between MSTE.TO and NXF.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 Mar 6, 2025 | 0.10 |
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
MSTE.TO vs. NXF.TO — Risk / Return Rank
MSTE.TO
NXF.TO
MSTE.TO vs. NXF.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Harvest MicroStrategy Enhanced High Income Shares ETF (MSTE.TO) and CI Energy Giants Covered Call ETF Common Units (CAD Hedged) (NXF.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.
| MSTE.TO | NXF.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.30 | ||
| Sortino ratioReturn per unit of downside risk | -4.80 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 1.38 | -0.58 |
| Calmar ratioReturn relative to maximum drawdown | -0.89 | 4.90 | -5.80 |
| Martin ratioReturn relative to average drawdown | -1.33 | 13.97 | -15.30 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| MSTE.TO | NXF.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.93 | 2.36 | -3.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.75 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.32 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.67 | 0.22 | -0.89 |
Drawdowns
MSTE.TO vs. NXF.TO - Drawdown Comparison
The maximum MSTE.TO drawdown since its inception was -80.35%, which is greater than NXF.TO's maximum drawdown of -65.25%. Use the drawdown chart below to compare losses from any high point for MSTE.TO and NXF.TO.
Loading charts...
Drawdown Indicators
| MSTE.TO | NXF.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.35% | -65.25% | -15.10% |
Max Drawdown (1Y)Largest decline over 1 year | -80.35% | -9.41% | -70.94% |
Max Drawdown (3Y)Largest decline over 3 years | — | -24.26% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.26% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -65.25% | — |
Current DrawdownCurrent decline from peak | -76.21% | -5.01% | -71.20% |
Average DrawdownAverage peak-to-trough decline | -39.63% | -16.04% | -23.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 53.78% | 3.30% | +50.48% |
Volatility
MSTE.TO vs. NXF.TO - Volatility Comparison
Harvest MicroStrategy Enhanced High Income Shares ETF (MSTE.TO) has a higher volatility of 23.39% compared to CI Energy Giants Covered Call ETF Common Units (CAD Hedged) (NXF.TO) at 7.55%. This indicates that MSTE.TO's price experiences larger fluctuations and is considered to be riskier than NXF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MSTE.TO | NXF.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.39% | 7.55% | +15.84% |
Volatility (6M)Calculated over the trailing 6-month period | 63.14% | 15.65% | +47.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 77.31% | 19.57% | +57.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 84.31% | 23.39% | +60.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 84.31% | 26.16% | +58.15% |
Dividends
MSTE.TO vs. NXF.TO - Dividend Comparison
MSTE.TO's dividend yield for the trailing twelve months is around 149.64%, more than NXF.TO's 8.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSTE.TO Harvest MicroStrategy Enhanced High Income Shares ETF | 149.64% | 121.40% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NXF.TO CI Energy Giants Covered Call ETF Common Units (CAD Hedged) | 8.04% | 7.70% | 8.50% | 8.60% | 11.22% | 9.48% | 11.23% | 7.83% | 9.38% | 6.50% | 8.24% | 8.05% |
Frequently Asked Questions
MSTE.TO and NXF.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.
MSTE.TO is categorized as Derivative Income, while NXF.TO is Energy Equities. They also come from different issuers: Harvest and CI.
Find the right allocation for MSTE.TO and NXF.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