XEQT.TO vs. HBTE.NEO
XEQT.TO (iShares Core Equity ETF Portfolio) and HBTE.NEO (Harvest Bitcoin Leaders Enhanced Income ETF) are both exchange-traded funds - XEQT.TO is a Global Equities fund actively managed by iShares, while HBTE.NEO is a Leveraged Cryptocurrency fund actively managed by Harvest. Both are actively managed. Over the past year, XEQT.TO returned 30.96% vs 67.21% for HBTE.NEO. A 0.60 correlation means they provide meaningful diversification when combined. XEQT.TO charges 0.20%/yr vs 0.75%/yr for HBTE.NEO.
Performance
XEQT.TO vs. HBTE.NEO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XEQT.TO achieves a 12.26% return, which is significantly lower than HBTE.NEO's 28.08% return.
XEQT.TO
- 1D
- 0.63%
- 1M
- 3.45%
- YTD
- 12.26%
- 6M
- 12.73%
- 1Y
- 30.96%
- 3Y*
- 21.81%
- 5Y*
- 13.69%
- 10Y*
- —
HBTE.NEO
- 1D
- 2.94%
- 1M
- 4.14%
- YTD
- 28.08%
- 6M
- 14.49%
- 1Y
- 67.21%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XEQT.TO vs. HBTE.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XEQT.TO iShares Core Equity ETF Portfolio | 12.26% | 23.00% |
HBTE.NEO Harvest Bitcoin Leaders Enhanced Income ETF | 28.08% | 63.44% |
Correlation
The correlation between XEQT.TO and HBTE.NEO is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Apr 30, 2025 | 0.60 |
The correlation between XEQT.TO and HBTE.NEO has been stable across timeframes, ranging from 0.60 to 0.61 - a consistent structural relationship.
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
XEQT.TO vs. HBTE.NEO — Risk / Return Rank
XEQT.TO
HBTE.NEO
XEQT.TO vs. HBTE.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Equity ETF Portfolio (XEQT.TO) and Harvest Bitcoin Leaders Enhanced Income ETF (HBTE.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.
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.
| XEQT.TO | HBTE.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.48 | ||
| Sortino ratioReturn per unit of downside risk | +1.73 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.19 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 3.59 | 1.14 | +2.45 |
| Martin ratioReturn relative to average drawdown | 15.41 | 2.19 | +13.23 |
Loading charts...
Drawdowns
XEQT.TO vs. HBTE.NEO - Drawdown Comparison
The maximum XEQT.TO drawdown since its inception was -29.74%, smaller than the maximum HBTE.NEO drawdown of -55.67%. Use the drawdown chart below to compare losses from any high point for XEQT.TO and HBTE.NEO.
Loading charts...
Drawdown Indicators
| XEQT.TO | HBTE.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.74% | -55.67% | +25.93% |
Max Drawdown (1Y)Largest decline over 1 year | -8.25% | -55.67% | +47.42% |
Max Drawdown (3Y)Largest decline over 3 years | -15.08% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -19.55% | — | — |
Current DrawdownCurrent decline from peak | -0.84% | -24.58% | +23.74% |
Average DrawdownAverage peak-to-trough decline | -4.09% | -21.15% | +17.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.92% | 28.79% | -26.87% |
Volatility
XEQT.TO vs. HBTE.NEO - Volatility Comparison
The current volatility for iShares Core Equity ETF Portfolio (XEQT.TO) is 5.02%, while Harvest Bitcoin Leaders Enhanced Income ETF (HBTE.NEO) has a volatility of 18.57%. This indicates that XEQT.TO experiences smaller price fluctuations and is considered to be less risky than HBTE.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XEQT.TO | HBTE.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.02% | 18.57% | -13.55% |
Volatility (6M)Calculated over the trailing 6-month period | 10.06% | 50.16% | -40.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.17% | 66.62% | -54.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.21% | 66.35% | -53.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.58% | 66.35% | -50.77% |
XEQT.TO vs. HBTE.NEO - Expense Ratio Comparison
XEQT.TO has a 0.20% expense ratio, which is lower than HBTE.NEO's 0.75% expense ratio.
Dividends
XEQT.TO vs. HBTE.NEO - Dividend Comparison
XEQT.TO's dividend yield for the trailing twelve months is around 1.48%, less than HBTE.NEO's 26.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
HBTE.NEO Harvest Bitcoin Leaders Enhanced Income ETF | 26.16% | 18.40% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XEQT.TO iShares Core Equity ETF Portfolio | 1.48% | 1.66% | 2.03% | 2.09% | 2.14% | 1.66% | 1.69% | 1.21% |
Frequently Asked Questions
XEQT.TO and HBTE.NEO have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XEQT.TO is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XEQT.TO is cheaper with a 0.20% expense ratio, compared with 0.75% for HBTE.NEO.
XEQT.TO is categorized as Global Equities, while HBTE.NEO is Leveraged Cryptocurrency. They also come from different issuers: iShares and Harvest. Their fees differ too: 0.20% for XEQT.TO and 0.75% for HBTE.NEO.
Find the right allocation for XEQT.TO and HBTE.NEO
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