PAYG.TO vs. HHIC.TO

Last updated Jun 4, 2026

PAYG.TO (Brompton Global Equity HighPay ETF) and HHIC.TO (Harvest Canadian High Income Shares ETF) are both exchange-traded funds - PAYG.TO is a Global Equity Income fund actively managed by Brompton, while HHIC.TO is a Canada Equities fund actively managed by Harvest. Both are actively managed. At a 0.46 correlation, their price movements are largely independent.

Performance

PAYG.TO vs. HHIC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Brompton Global Equity HighPay ETF (PAYG.TO) and Harvest Canadian High Income Shares ETF (HHIC.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PAYG.TO

• 1D: -0.94%
• 1M: 4.25%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HHIC.TO

• 1D: 0.98%
• 1M: 5.32%
• YTD: 14.73%
• 6M: 14.55%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PAYG.TO vs. HHIC.TO - Yearly Performance Comparison

	2026 (YTD)
PAYG.TO Brompton Global Equity HighPay ETF	18.04%
HHIC.TO Harvest Canadian High Income Shares ETF	3.87%

Correlation

The correlation between PAYG.TO and HHIC.TO is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 1, 2026	0.46

Return for Risk

PAYG.TO vs. HHIC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brompton Global Equity HighPay ETF (PAYG.TO) and Harvest Canadian High Income Shares ETF (HHIC.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	PAYG.TO	HHIC.TO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	6.88	2.67	+4.21

Drawdowns

PAYG.TO vs. HHIC.TO - Drawdown Comparison

The maximum PAYG.TO drawdown since its inception was -3.03%, smaller than the maximum HHIC.TO drawdown of -7.26%. Use the drawdown chart below to compare losses from any high point for PAYG.TO and HHIC.TO.

Drawdown Indicators

	PAYG.TO	HHIC.TO	Difference
Max Drawdown Largest peak-to-trough decline	-3.03%	-7.26%	+4.23%
Current Drawdown Current decline from peak	-2.32%	0.00%	-2.32%
Average Drawdown Average peak-to-trough decline	-0.93%	-1.47%	+0.54%

Volatility

Volatility by Period

	PAYG.TO	HHIC.TO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	24.17%	16.65%	+7.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.17%	16.65%	+7.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.17%	16.65%	+7.52%

Dividends

PAYG.TO vs. HHIC.TO - Dividend Comparison

PAYG.TO's dividend yield for the trailing twelve months is around 2.91%, less than HHIC.TO's 10.80% yield.

Position	TTM	2025
HHIC.TO Harvest Canadian High Income Shares ETF	10.80%	4.77%
PAYG.TO Brompton Global Equity HighPay ETF	2.91%	0.00%

Frequently Asked Questions

Can I hold both PAYG.TO and HHIC.TO in my portfolio?

PAYG.TO and HHIC.TO have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between PAYG.TO and HHIC.TO?

PAYG.TO is categorized as Global Equity Income, while HHIC.TO is Canada Equities. They also come from different issuers: Brompton and Harvest.