TSLY.TO vs. MSHE.TO
TSLY.TO (Harvest Tesla Enhanced High Income Shares ETF) and MSHE.TO (Harvest Microsoft Enhanced High Income Shares ETF - Class A Units) are both Derivative Income funds from Harvest. Both are actively managed. Over the past year, TSLY.TO returned 38.16% vs -7.95% for MSHE.TO. At a 0.34 correlation, their price movements are largely independent. Both charge a 0.40% expense ratio.
Performance
TSLY.TO vs. MSHE.TO - Performance Comparison
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Returns By Period
In the year-to-date period, TSLY.TO achieves a -4.93% return, which is significantly higher than MSHE.TO's -13.17% return.
TSLY.TO
- 1D
- -0.95%
- 1M
- 9.68%
- YTD
- -4.93%
- 6M
- -6.65%
- 1Y
- 38.16%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MSHE.TO
- 1D
- 0.34%
- 1M
- 7.62%
- YTD
- -13.17%
- 6M
- -13.41%
- 1Y
- -7.95%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSLY.TO vs. MSHE.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TSLY.TO Harvest Tesla Enhanced High Income Shares ETF | -4.93% | -0.09% |
MSHE.TO Harvest Microsoft Enhanced High Income Shares ETF - Class A Units | -13.17% | 8.00% |
Correlation
The correlation between TSLY.TO and MSHE.TO is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jan 17, 2025 | 0.34 |
The correlation between TSLY.TO and MSHE.TO shifts across timeframes, from 0.20 (1 year) to 0.34 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
TSLY.TO vs. MSHE.TO — Risk / Return Rank
TSLY.TO
MSHE.TO
TSLY.TO vs. MSHE.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Harvest Tesla Enhanced High Income Shares ETF (TSLY.TO) and Harvest Microsoft Enhanced High Income Shares ETF - Class A Units (MSHE.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.
| TSLY.TO | MSHE.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.14 | ||
| Sortino ratioReturn per unit of downside risk | +1.56 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.97 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.29 | -0.21 | +1.50 |
| Martin ratioReturn relative to average drawdown | 3.15 | -0.43 | +3.58 |
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
| TSLY.TO | MSHE.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.84 | -0.29 | +1.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.06 | -0.00 | -0.06 |
Drawdowns
TSLY.TO vs. MSHE.TO - Drawdown Comparison
The maximum TSLY.TO drawdown since its inception was -58.91%, which is greater than MSHE.TO's maximum drawdown of -37.62%. Use the drawdown chart below to compare losses from any high point for TSLY.TO and MSHE.TO.
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Drawdown Indicators
| TSLY.TO | MSHE.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.91% | -37.62% | -21.29% |
Max Drawdown (1Y)Largest decline over 1 year | -29.78% | -37.62% | +7.84% |
Current DrawdownCurrent decline from peak | -15.22% | -23.51% | +8.29% |
Average DrawdownAverage peak-to-trough decline | -26.86% | -11.21% | -15.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.23% | 18.42% | -6.19% |
Volatility
TSLY.TO vs. MSHE.TO - Volatility Comparison
Harvest Tesla Enhanced High Income Shares ETF (TSLY.TO) and Harvest Microsoft Enhanced High Income Shares ETF - Class A Units (MSHE.TO) have volatilities of 11.47% and 11.23%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSLY.TO | MSHE.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.47% | 11.23% | +0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 27.65% | 24.57% | +3.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.74% | 27.13% | +18.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.12% | 28.24% | +31.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.12% | 28.24% | +31.88% |
TSLY.TO vs. MSHE.TO - Expense Ratio Comparison
Both TSLY.TO and MSHE.TO have an expense ratio of 0.40%.
Dividends
TSLY.TO vs. MSHE.TO - Dividend Comparison
TSLY.TO's dividend yield for the trailing twelve months is around 38.17%, more than MSHE.TO's 21.69% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
MSHE.TO Harvest Microsoft Enhanced High Income Shares ETF - Class A Units | 21.69% | 17.17% | 5.28% |
TSLY.TO Harvest Tesla Enhanced High Income Shares ETF | 38.17% | 32.52% | 0.00% |
Frequently Asked Questions
TSLY.TO and MSHE.TO have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.40% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
TSLY.TO and MSHE.TO have the same expense ratio: 0.40% per year.
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