YANK.AX vs. HVST.AX

Last updated Jul 18, 2026

YANK.AX (Betashares Strong US Dollar Complex ETF) and HVST.AX (Betashares Australian Dividend Harvester Active ETF) are both exchange-traded funds - YANK.AX is a Global Equities fund actively managed by BetaShares, while HVST.AX is a Dividend fund actively managed by BetaShares. Both are actively managed. Over the past 5 years, YANK.AX returned 4.59%/yr vs 4.38%/yr for HVST.AX. At a correlation of -0.23, they often move in opposite directions.

Performance

YANK.AX vs. HVST.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Betashares Strong US Dollar Complex ETF (YANK.AX) and Betashares Australian Dividend Harvester Active ETF (HVST.AX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YANK.AX achieves a -10.34% return, which is significantly lower than HVST.AX's -1.27% return.

YANK.AX

• 1D: -0.86%
• 1M: 1.76%
• 6M: -10.34%
• YTD: -10.34%
• 1Y: -15.64%
• 3Y*: 1.31%
• 5Y*: 4.59%
• 10Y*: —

HVST.AX

• 1D: -0.53%
• 1M: -1.34%
• 6M: -1.92%
• YTD: -1.27%
• 1Y: -0.57%
• 3Y*: 7.14%
• 5Y*: 4.38%
• 10Y*: 2.42%

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

YANK.AX vs. HVST.AX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
YANK.AX Betashares Strong US Dollar Complex ETF	-10.34%	-13.49%	32.36%	0.83%	15.15%	13.25%	-28.55%	3.18%	23.04%	-19.05%
HVST.AX Betashares Australian Dividend Harvester Active ETF	-1.27%	6.89%	10.85%	8.84%	-3.51%	8.41%	-2.12%	13.98%	-6.21%	-10.08%

Correlation

The correlation between YANK.AX and HVST.AX is -0.36, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.36
Correlation (3Y) Calculated over the trailing 3-year period	-0.36
Correlation (5Y) Calculated over the trailing 5-year period	-0.36
Correlation (All Time) Calculated using the full available price history since Nov 28, 2016	-0.23

The correlation between YANK.AX and HVST.AX shifts across timeframes, from -0.36 (5 years) to -0.23 (all time), reflecting how their relationship changes across market environments.

Return for Risk

YANK.AX vs. HVST.AX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

YANK.AX

YANK.AX Risk / Return Rank: 4
YANK.AX Sharpe Ratio Rank: 4
YANK.AX Sortino Ratio Rank: 4
YANK.AX Omega Ratio Rank: 4
YANK.AX Calmar Ratio Rank: 5
YANK.AX Martin Ratio Rank: 5

HVST.AX

HVST.AX Risk / Return Rank: 10
HVST.AX Sharpe Ratio Rank: 10
HVST.AX Sortino Ratio Rank: 9
HVST.AX Omega Ratio Rank: 9
HVST.AX Calmar Ratio Rank: 10
HVST.AX Martin Ratio Rank: 10

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

YANK.AX vs. HVST.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Betashares Strong US Dollar Complex ETF (YANK.AX) and Betashares Australian Dividend Harvester Active ETF (HVST.AX). 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.

	YANK.AX	HVST.AX	Difference
Sharpe ratio: Return per unit of total volatility	-0.72	-0.05	-0.67
Sortino ratio: Return per unit of downside risk	-0.89	0.02	-0.91
Omega ratio: Gain probability vs. loss probability	0.89	1.00	-0.11
Calmar ratio: Return relative to maximum drawdown	-0.59	-0.06	-0.52
Martin ratio: Return relative to average drawdown	-1.01	-0.12	-0.88

YANK.AX vs. HVST.AX - Sharpe Ratio Comparison

The current YANK.AX Sharpe Ratio is -0.72, which is lower than the HVST.AX Sharpe Ratio of -0.05. The chart below compares the historical Sharpe Ratios of YANK.AX and HVST.AX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

YANK.AX vs. HVST.AX - Drawdown Comparison

The maximum YANK.AX drawdown since its inception was -58.85%, which is greater than HVST.AX's maximum drawdown of -23.38%. Use the drawdown chart below to compare losses from any high point for YANK.AX and HVST.AX.

Drawdown Indicators

	YANK.AX	HVST.AX	Difference
Max Drawdown Largest peak-to-trough decline	-58.85%	-23.38%	-35.47%
Max Drawdown (1Y) Largest decline over 1 year	-24.65%	-9.23%	-15.42%
Max Drawdown (3Y) Largest decline over 3 years	-35.12%	-13.07%	-22.05%
Max Drawdown (5Y) Largest decline over 5 years	-35.12%	-14.71%	-20.41%
Max Drawdown (10Y) Largest decline over 10 years	—	-18.92%	—
Current Drawdown Current decline from peak	-39.71%	-5.13%	-34.58%
Average Drawdown Average peak-to-trough decline	-29.41%	-9.57%	-19.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.46%	4.53%	+9.93%

Volatility

YANK.AX vs. HVST.AX - Volatility Comparison

Betashares Strong US Dollar Complex ETF (YANK.AX) has a higher volatility of 4.13% compared to Betashares Australian Dividend Harvester Active ETF (HVST.AX) at 2.50%. This indicates that YANK.AX's price experiences larger fluctuations and is considered to be riskier than HVST.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YANK.AX	HVST.AX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.13%	2.50%	+1.63%
Volatility (6M) Calculated over the trailing 6-month period	16.61%	9.68%	+6.93%
Volatility (1Y) Calculated over the trailing 1-year period	20.04%	12.07%	+7.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.11%	12.03%	+12.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.04%	11.15%	+12.89%

Dividends

YANK.AX vs. HVST.AX - Dividend Comparison

YANK.AX has not paid dividends to shareholders, while HVST.AX's dividend yield for the trailing twelve months is around 4.31%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HVST.AX Betashares Australian Dividend Harvester Active ETF	4.31%	5.26%	4.93%	6.13%	6.64%	6.19%	7.01%	10.96%	10.87%	10.37%	9.21%	8.07%
YANK.AX Betashares Strong US Dollar Complex ETF	0.00%	4.09%	5.51%	5.99%	6.77%	0.00%	0.00%	19.51%	2.79%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both YANK.AX and HVST.AX in my portfolio?

YANK.AX and HVST.AX have a correlation of -0.36, 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 YANK.AX and HVST.AX?

YANK.AX is categorized as Global Equities, while HVST.AX is Dividend.