TECH.TO vs. HISA.NEO
Compare and contrast key facts about Evolve FANGMA Index ETF Hedged CAD (TECH.TO) and Evolve High Interest Savings Account ETF (HISA.NEO).
TECH.TO and HISA.NEO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TECH.TO is a passively managed fund by Evolve that tracks the performance of the Solactive FANGMA Equal Weight Index. It was launched on May 4, 2021. HISA.NEO is an actively managed fund by Evolve. It was launched on Nov 19, 2019.
Performance
TECH.TO vs. HISA.NEO - Performance Comparison
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TECH.TO vs. HISA.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TECH.TO Evolve FANGMA Index ETF Hedged CAD | -9.64% | 18.22% | 40.26% | 80.38% | -43.52% | 20.13% |
HISA.NEO Evolve High Interest Savings Account ETF | 0.30% | 2.30% | 3.78% | 4.66% | 2.28% | 0.34% |
Returns By Period
In the year-to-date period, TECH.TO achieves a -9.64% return, which is significantly lower than HISA.NEO's 0.30% return.
TECH.TO
- 1D
- 4.00%
- 1M
- -5.31%
- YTD
- -9.64%
- 6M
- -9.79%
- 1Y
- 17.00%
- 3Y*
- 27.42%
- 5Y*
- —
- 10Y*
- —
HISA.NEO
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.30%
- 6M
- 0.87%
- 1Y
- 2.17%
- 3Y*
- 3.30%
- 5Y*
- 2.73%
- 10Y*
- —
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TECH.TO vs. HISA.NEO - Expense Ratio Comparison
TECH.TO has a 0.40% expense ratio, which is higher than HISA.NEO's 0.15% expense ratio.
Return for Risk
TECH.TO vs. HISA.NEO — Risk / Return Rank
TECH.TO
HISA.NEO
TECH.TO vs. HISA.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Evolve FANGMA Index ETF Hedged CAD (TECH.TO) and Evolve High Interest Savings Account ETF (HISA.NEO). 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.
| TECH.TO | HISA.NEO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.73 | 6.81 | -6.08 |
Sortino ratioReturn per unit of downside risk | 1.28 | 11.79 | -10.51 |
Omega ratioGain probability vs. loss probability | 1.16 | 5.96 | -4.79 |
Calmar ratioReturn relative to maximum drawdown | 1.02 | 13.54 | -12.52 |
Martin ratioReturn relative to average drawdown | 3.34 | 152.99 | -149.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TECH.TO | HISA.NEO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.73 | 6.81 | -6.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 6.08 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 5.21 | -4.71 |
Correlation
The correlation between TECH.TO and HISA.NEO is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
TECH.TO vs. HISA.NEO - Dividend Comparison
TECH.TO's dividend yield for the trailing twelve months is around 0.12%, less than HISA.NEO's 2.35% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
TECH.TO Evolve FANGMA Index ETF Hedged CAD | 0.12% | 0.12% | 0.14% | 0.20% | 0.35% | 0.17% | 0.00% | 0.00% |
HISA.NEO Evolve High Interest Savings Account ETF | 2.35% | 2.32% | 3.65% | 4.60% | 2.22% | 0.52% | 0.84% | 0.76% |
Drawdowns
TECH.TO vs. HISA.NEO - Drawdown Comparison
The maximum TECH.TO drawdown since its inception was -47.92%, which is greater than HISA.NEO's maximum drawdown of -0.42%. Use the drawdown chart below to compare losses from any high point for TECH.TO and HISA.NEO.
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Drawdown Indicators
| TECH.TO | HISA.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.92% | -0.42% | -47.50% |
Max Drawdown (1Y)Largest decline over 1 year | -16.59% | -0.18% | -16.41% |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.42% | — |
Current DrawdownCurrent decline from peak | -13.06% | 0.00% | -13.06% |
Average DrawdownAverage peak-to-trough decline | -12.66% | -0.01% | -12.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.09% | 0.02% | +5.07% |
Volatility
TECH.TO vs. HISA.NEO - Volatility Comparison
Evolve FANGMA Index ETF Hedged CAD (TECH.TO) has a higher volatility of 6.82% compared to Evolve High Interest Savings Account ETF (HISA.NEO) at 0.08%. This indicates that TECH.TO's price experiences larger fluctuations and is considered to be riskier than HISA.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TECH.TO | HISA.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.82% | 0.08% | +6.74% |
Volatility (6M)Calculated over the trailing 6-month period | 13.08% | 0.31% | +12.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.29% | 0.35% | +22.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.64% | 0.46% | +26.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.64% | 0.48% | +26.16% |