OOQB vs. HHIS.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Volatility Shares One+One Nasdaq-100® and Bitcoin ETF (OOQB) and Harvest Diversified High Income Shares ETF (HHIS.TO).

OOQB and HHIS.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OOQB is an actively managed fund by Volatility Shares. It was launched on Feb 18, 2025. HHIS.TO is an actively managed fund by Harvest. It was launched on Jan 16, 2025.

Performance

OOQB vs. HHIS.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Volatility Shares One+One Nasdaq-100® and Bitcoin ETF (OOQB) and Harvest Diversified High Income Shares ETF (HHIS.TO). The values are adjusted to include any dividend payments, if applicable.

OOQB vs. HHIS.TO - Yearly Performance Comparison

	2026 (YTD)	2025
OOQB Volatility Shares One+One Nasdaq-100® and Bitcoin ETF	-28.69%	-13.30%
HHIS.TO Harvest Diversified High Income Shares ETF	-15.68%	21.73%

Different Trading Currencies

OOQB is traded in USD, while HHIS.TO is traded in CAD. To make them comparable, the HHIS.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, OOQB achieves a -28.69% return, which is significantly lower than HHIS.TO's -15.68% return.

OOQB

• 1D: 5.72%
• 1M: -2.59%
• YTD: -28.69%
• 6M: -45.98%
• 1Y: -14.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HHIS.TO

• 1D: 1.95%
• 1M: -6.64%
• YTD: -15.68%
• 6M: -15.45%
• 1Y: 26.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OOQB vs. HHIS.TO - Expense Ratio Comparison

OOQB has a 0.75% expense ratio, which is higher than HHIS.TO's 0.00% expense ratio.

OOQB

Volatility Shares One+One Nasdaq-100® and Bitcoin ETF

HHIS.TO

Harvest Diversified High Income Shares ETF

Return for Risk

OOQB vs. HHIS.TO — Risk / Return Rank

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

OOQB

OOQB Risk / Return Rank: 8
OOQB Sharpe Ratio Rank: 7
OOQB Sortino Ratio Rank: 10
OOQB Omega Ratio Rank: 10
OOQB Calmar Ratio Rank: 7
OOQB Martin Ratio Rank: 6

HHIS.TO

HHIS.TO Risk / Return Rank: 41
HHIS.TO Sharpe Ratio Rank: 41
HHIS.TO Sortino Ratio Rank: 48
HHIS.TO Omega Ratio Rank: 45
HHIS.TO Calmar Ratio Rank: 41
HHIS.TO Martin Ratio Rank: 31

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.

OOQB vs. HHIS.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Volatility Shares One+One Nasdaq-100® and Bitcoin ETF (OOQB) and Harvest Diversified High Income Shares ETF (HHIS.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.

	OOQB	HHIS.TO	Difference
Sharpe ratio Return per unit of total volatility	-0.25	0.82	-1.06
Sortino ratio Return per unit of downside risk	0.04	1.42	-1.37
Omega ratio Gain probability vs. loss probability	1.01	1.19	-0.18
Calmar ratio Return relative to maximum drawdown	-0.30	1.12	-1.42
Martin ratio Return relative to average drawdown	-0.66	3.24	-3.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OOQB vs. HHIS.TO - Sharpe Ratio Comparison

The current OOQB Sharpe Ratio is -0.25, which is lower than the HHIS.TO Sharpe Ratio of 0.82. The chart below compares the historical Sharpe Ratios of OOQB and HHIS.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

	OOQB	HHIS.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.25	0.82	-1.06
Sharpe Ratio (All Time) Calculated using the full available price history	-0.57	0.23	-0.80

Correlation

The correlation between OOQB and HHIS.TO is 0.75, 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

OOQB vs. HHIS.TO - Dividend Comparison

OOQB's dividend yield for the trailing twelve months is around 13.89%, less than HHIS.TO's 28.51% yield.

	TTM	2025
OOQB Volatility Shares One+One Nasdaq-100® and Bitcoin ETF	13.89%	9.53%
HHIS.TO Harvest Diversified High Income Shares ETF	28.51%	22.88%

Drawdowns

OOQB vs. HHIS.TO - Drawdown Comparison

The maximum OOQB drawdown since its inception was -53.44%, which is greater than HHIS.TO's maximum drawdown of -32.02%. Use the drawdown chart below to compare losses from any high point for OOQB and HHIS.TO.

Drawdown Indicators

	OOQB	HHIS.TO	Difference
Max Drawdown Largest peak-to-trough decline	-53.44%	-31.83%	-21.61%
Max Drawdown (1Y) Largest decline over 1 year	-53.44%	-24.43%	-29.01%
Current Drawdown Current decline from peak	-50.78%	-23.04%	-27.74%
Average Drawdown Average peak-to-trough decline	-19.94%	-8.76%	-11.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.98%	9.10%	+14.88%

Volatility

OOQB vs. HHIS.TO - Volatility Comparison

Volatility Shares One+One Nasdaq-100® and Bitcoin ETF (OOQB) has a higher volatility of 18.69% compared to Harvest Diversified High Income Shares ETF (HHIS.TO) at 8.41%. This indicates that OOQB's price experiences larger fluctuations and is considered to be riskier than HHIS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OOQB	HHIS.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.69%	8.41%	+10.28%
Volatility (6M) Calculated over the trailing 6-month period	46.05%	19.21%	+26.84%
Volatility (1Y) Calculated over the trailing 1-year period	59.59%	32.82%	+26.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.96%	36.21%	+25.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	61.96%	36.21%	+25.75%