NVHE.TO vs. NVDA.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Harvest NVIDIA Enhanced High Income Shares ETF (NVHE.TO) and Nvidia CDR (CAD Hedged) (NVDA.TO).

NVHE.TO is an actively managed fund by Harvest. It was launched on Aug 19, 2024.

Performance

NVHE.TO vs. NVDA.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest NVIDIA Enhanced High Income Shares ETF (NVHE.TO) and Nvidia CDR (CAD Hedged) (NVDA.TO). The values are adjusted to include any dividend payments, if applicable.

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

	2026 (YTD)	2025	2024
NVHE.TO Harvest NVIDIA Enhanced High Income Shares ETF	-5.86%	31.47%	10.09%
NVDA.TO Nvidia CDR (CAD Hedged)	-7.11%	34.82%	3.95%

Returns By Period

In the year-to-date period, NVHE.TO achieves a -5.86% return, which is significantly higher than NVDA.TO's -7.11% return.

NVHE.TO

• 1D: 3.81%
• 1M: -1.61%
• YTD: -5.86%
• 6M: -4.04%
• 1Y: 58.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVDA.TO

• 1D: 5.36%
• 1M: -1.92%
• YTD: -7.11%
• 6M: -7.69%
• 1Y: 57.28%
• 3Y*: 80.64%
• 5Y*: —
• 10Y*: —

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

Return for Risk

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

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

NVHE.TO

NVHE.TO Risk / Return Rank: 76
NVHE.TO Sharpe Ratio Rank: 74
NVHE.TO Sortino Ratio Rank: 76
NVHE.TO Omega Ratio Rank: 70
NVHE.TO Calmar Ratio Rank: 91
NVHE.TO Martin Ratio Rank: 71

NVDA.TO

NVDA.TO Risk / Return Rank: 82
NVDA.TO Sharpe Ratio Rank: 84
NVDA.TO Sortino Ratio Rank: 82
NVDA.TO Omega Ratio Rank: 79
NVDA.TO Calmar Ratio Rank: 83
NVDA.TO Martin Ratio Rank: 82

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.

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

This table presents a comparison of risk-adjusted performance metrics for Harvest NVIDIA Enhanced High Income Shares ETF (NVHE.TO) and Nvidia CDR (CAD Hedged) (NVDA.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.

	NVHE.TO	NVDA.TO	Difference
Sharpe ratio Return per unit of total volatility	1.32	1.45	-0.13
Sortino ratio Return per unit of downside risk	1.94	2.14	-0.20
Omega ratio Gain probability vs. loss probability	1.26	1.27	-0.02
Calmar ratio Return relative to maximum drawdown	3.17	2.61	+0.56
Martin ratio Return relative to average drawdown	7.37	6.55	+0.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current NVHE.TO Sharpe Ratio is 1.32, which is comparable to the NVDA.TO Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of NVHE.TO and NVDA.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NVHE.TO	NVDA.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.32	1.45	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	1.14	-0.71

Correlation

The correlation between NVHE.TO and NVDA.TO is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

NVHE.TO vs. NVDA.TO - Dividend Comparison

NVHE.TO's dividend yield for the trailing twelve months is around 22.49%, more than NVDA.TO's 0.03% yield.

	TTM	2025	2024	2023	2022
NVHE.TO Harvest NVIDIA Enhanced High Income Shares ETF	22.49%	21.62%	7.29%	0.00%	0.00%
NVDA.TO Nvidia CDR (CAD Hedged)	0.03%	0.02%	0.02%	0.03%	0.11%

Drawdowns

NVHE.TO vs. NVDA.TO - Drawdown Comparison

The maximum NVHE.TO drawdown since its inception was -40.87%, smaller than the maximum NVDA.TO drawdown of -61.15%. Use the drawdown chart below to compare losses from any high point for NVHE.TO and NVDA.TO.

Drawdown Indicators

	NVHE.TO	NVDA.TO	Difference
Max Drawdown Largest peak-to-trough decline	-40.87%	-61.15%	+20.28%
Max Drawdown (1Y) Largest decline over 1 year	-18.41%	-21.05%	+2.64%
Current Drawdown Current decline from peak	-15.30%	-16.81%	+1.51%
Average Drawdown Average peak-to-trough decline	-10.09%	-15.69%	+5.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.92%	8.38%	-0.46%

Volatility

NVHE.TO vs. NVDA.TO - Volatility Comparison

Harvest NVIDIA Enhanced High Income Shares ETF (NVHE.TO) has a higher volatility of 10.94% compared to Nvidia CDR (CAD Hedged) (NVDA.TO) at 10.05%. This indicates that NVHE.TO's price experiences larger fluctuations and is considered to be riskier than NVDA.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NVHE.TO	NVDA.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.94%	10.05%	+0.89%
Volatility (6M) Calculated over the trailing 6-month period	26.93%	24.70%	+2.23%
Volatility (1Y) Calculated over the trailing 1-year period	44.81%	39.74%	+5.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.21%	52.19%	-1.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.21%	52.19%	-1.98%