VS
Harvest Low Volatility Canadian Equity Income ETF (HVOI) and Harvest Canadian Dividend Leaders Income ETF (HLIF) offer distinct profiles for Canadian ETF investors. A direct comparison shows that HVOI focuses its top 3 sector exposures on Finance, Energy, and Industrials, while HLIF leans towards Finance, Energy, and Utilities. When evaluating costs, HVOI features a management fee (MER) of 0.65%, compared to 0.65% for HLIF. Performance-wise, HVOI has returned 8.24% year-to-date with -$10 M in net flows, whereas HLIF is at 19.57% with +$49 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
HVOI
HLIF
| AuM | $44.07 M | $202.41 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 0.65% | 0.79% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HVOI | -2.27% | +0.27% | +8.24% | +12.55% | - |
HLIF | -0.84% | +2.75% | +19.57% | +30.09% | +81.82% | |
| Flows | HVOI | +$0 M | -$36 M | -$10 M | -$1 M | - |
HLIF | +$8 M | +$28 M | +$49 M | +$51 M | +$56 M |
HVOI vs HLIF exposure
Countries
HVOI
Canada
96.70%
HLIF
Canada
90.40%
USA
9.47%
Sectors
HVOI
Finance
39.27%
Energy
13.46%
Industrials
9.86%
Utilities
7.70%
Consumer Non-Cyclicals
7.61%
Other
22.10%
HLIF
Finance
40.32%
Energy
23.67%
Utilities
12.64%
Other
23.37%
As of September 11, 2026
Top 10 Holdings
HVOI
Bank of Montreal
4.29%
The Bank of Nova Scotia
4.23%
The Toronto-Dominion Bank
4.16%
Canadian Imperial Bank of Commerce
4.11%
National Bank of Canada
4.04%
Royal Bank of Canada
4.01%
Canadian Pacific Kansas City Ltd.
3.94%
Sun Life Financial, Inc.
3.91%
Canadian National Railway Co.
3.83%
Fortis, Inc.
3.55%
HLIF
Thomson Reuters Corp.
4.09%
Suncor Energy, Inc.
3.83%
Canadian Natural Resources Ltd.
3.65%
IGM Financial, Inc.
3.61%
Nutrien Ltd.
3.54%
Manulife Financial Corp.
3.52%
Power Corp of Canada
3.49%
Canadian Utilities Ltd.
3.43%
Sun Life Financial, Inc.
3.40%
Brookfield Asset Management Ltd.
3.37%
Diversification
HVOI
Total weight of top 10 holdings out of 40 total
40.09%
HLIF
Total weight of top 10 holdings out of 30 total
35.92%
Characteristics
Compare
HVOI
HLIF
| Provider | Harvest Portfolios Group | Harvest Portfolios Group |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 6.92% | 6.25% |
| Meets ESG criteria | No | No |
| Inception Date | April 15, 2025 | June 13, 2022 |
Frequently asked questions about HVOI and HLIF
Which ETF has performed better year to date: HVOI or HLIF?
As of September 11, 2026, HVOI has returned 8.24% year to date, while HLIF has returned 19.57%. HLIF is ahead on YTD performance.
Which ETF is larger by assets under management: HVOI or HLIF?
As of September 11, 2026, HVOI manages $44.07 M in assets, while HLIF manages $202.41 M. HLIF is the larger fund by AUM.
How are HVOI and HLIF managed?
HVOI is actively managed by Harvest Portfolios Group. It does not track an index. HLIF is actively managed by Harvest Portfolios Group. It does not track an index.
What sectors do HVOI and HLIF emphasize?
HVOI is most exposed to Finance, Energy, and Industrials. HLIF is most exposed to Finance, Energy, and Utilities.
Which ETF is attracting more investor flows: HVOI or HLIF?
Year to date, HVOI has seen -$10.28 M in net flows, compared with +$48.77 M for HLIF. HLIF has attracted more net investor money so far.
How do the fees of HVOI and HLIF compare?
HVOI has an expense ratio of 0.65%, while HLIF has an expense ratio of 0.79%.
What are the top holdings of HVOI and HLIF?
HVOI's largest holdings include Bank of Montreal, The Bank of Nova Scotia, and The Toronto-Dominion Bank. HLIF's top holdings include Thomson Reuters Corp., Suncor Energy, Inc., and Canadian Natural Resources Ltd..
Which ETF is more diversified: HVOI or HLIF?
HVOI holds 40 securities, while HLIF holds 30. On holdings count, HVOI is the more diversified portfolio.
Recent articles about HVOI and HLIF
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.