QDAY.NEO vs. MSTE.TO
QDAY.NEO (Hamilton EnhancedTechnology DayMAX™ ETF) and MSTE.TO (Harvest Strategy Inc. Enhanced High Income Shares ETF) are both Derivative Income funds. Both are actively managed. At a 0.39 correlation, their price movements are largely independent. QDAY.NEO charges 0.85%/yr vs 1.89%/yr for MSTE.TO.
Performance
QDAY.NEO vs. MSTE.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QDAY.NEO achieves a 26.01% return, which is significantly higher than MSTE.TO's -21.78% return.
QDAY.NEO
- 1D
- 1.20%
- 1M
- 3.71%
- YTD
- 26.01%
- 6M
- 26.05%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MSTE.TO
- 1D
- 5.49%
- 1M
- -33.44%
- YTD
- -21.78%
- 6M
- -33.78%
- 1Y
- -71.87%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QDAY.NEO vs. MSTE.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF | 26.01% | 14.84% |
MSTE.TO Harvest Strategy Inc. Enhanced High Income Shares ETF | -21.78% | -68.72% |
Correlation
The correlation between QDAY.NEO and MSTE.TO is 0.39, 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 Jul 14, 2025 | 0.39 |
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
QDAY.NEO vs. MSTE.TO — Risk / Return Rank
QDAY.NEO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MSTE.TO
QDAY.NEO vs. MSTE.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hamilton EnhancedTechnology DayMAX™ ETF (QDAY.NEO) and Harvest Strategy Inc. Enhanced High Income Shares ETF (MSTE.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.
| QDAY.NEO | MSTE.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.81 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.89 | — |
| Martin ratioReturn relative to average drawdown | — | -1.30 | — |
Loading charts...
Drawdowns
QDAY.NEO vs. MSTE.TO - Drawdown Comparison
The maximum QDAY.NEO drawdown since its inception was -19.44%, smaller than the maximum MSTE.TO drawdown of -80.35%. Use the drawdown chart below to compare losses from any high point for QDAY.NEO and MSTE.TO.
Loading charts...
Drawdown Indicators
| QDAY.NEO | MSTE.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.44% | -80.35% | +60.91% |
Max Drawdown (1Y)Largest decline over 1 year | — | -80.35% | — |
Current DrawdownCurrent decline from peak | -4.21% | -76.64% | +72.43% |
Average DrawdownAverage peak-to-trough decline | -5.25% | -40.32% | +35.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 55.29% | — |
Volatility
QDAY.NEO vs. MSTE.TO - Volatility Comparison
Loading charts...
Volatility by Period
| QDAY.NEO | MSTE.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 26.36% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 64.10% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 24.16% | 78.35% | -54.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.16% | 84.90% | -60.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.16% | 84.90% | -60.74% |
QDAY.NEO vs. MSTE.TO - Expense Ratio Comparison
QDAY.NEO has a 0.85% expense ratio, which is lower than MSTE.TO's 1.89% expense ratio.
Dividends
QDAY.NEO vs. MSTE.TO - Dividend Comparison
QDAY.NEO's dividend yield for the trailing twelve months is around 14.53%, less than MSTE.TO's 152.42% yield.
| Position | TTM | 2025 |
|---|---|---|
MSTE.TO Harvest Strategy Inc. Enhanced High Income Shares ETF | 152.42% | 121.40% |
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF | 14.53% | 8.78% |
Frequently Asked Questions
QDAY.NEO and MSTE.TO have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QDAY.NEO is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QDAY.NEO is cheaper with a 0.85% expense ratio, compared with 1.89% for MSTE.TO.
They also come from different issuers: Hamilton Capital and Harvest. Their fees differ too: 0.85% for QDAY.NEO and 1.89% for MSTE.TO.
Find the right allocation for QDAY.NEO and MSTE.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