VS
Harvest Low Volatility Canadian Equity Income ETF (HVOI) and Harvest Low Volatility Canadian Equity ETF (HVOL) 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 HVOL leans towards Finance, Energy, and Industrials. When evaluating costs, HVOI features a management fee (MER) of 0.65%, compared to 0.35% for HVOL. Performance-wise, HVOI has returned 11.03% year-to-date with -$8 M in net flows, whereas HVOL is at 13.72% with +$1 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
HVOL
| AuM | $48.24 M | $6.73 M |
| Management Fees | 0.65% | 0.35% |
| Exp. ratio | 0.65% | 0.35% |
| Tracking Difference | - | - |
Historical performance and flows
As of July 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HVOI | +1.82% | +6.07% | +11.03% | +19.36% | - |
HVOL | +1.90% | +6.90% | +13.72% | +22.80% | - | |
| Flows | HVOI | -$32 M | -$30 M | -$8 M | +$3 M | - |
HVOL | -$2 M | -$1 M | +$1 M | +$3 M | - |
HVOI vs HVOL exposure
Countries
HVOI
Canada
97.03%
HVOL
Canada
95.02%
Sectors
HVOI
Finance
40.04%
Energy
12.83%
Industrials
9.78%
Utilities
7.89%
Consumer Non-Cyclicals
7.55%
Other
21.90%
HVOL
Finance
39.95%
Energy
12.53%
Industrials
9.48%
Utilities
7.69%
Consumer Non-Cyclicals
7.26%
Other
23.09%
As of July 30, 2026
Top 10 Holdings
HVOI
Bank of Montreal
4.35%
The Toronto-Dominion Bank
4.32%
Royal Bank of Canada
4.32%
The Bank of Nova Scotia
4.30%
National Bank of Canada
4.26%
Canadian Imperial Bank of Commerce
4.10%
Canadian Pacific Kansas City Ltd.
3.96%
Sun Life Financial, Inc.
3.80%
Canadian National Railway Co.
3.70%
Fortis, Inc.
3.67%
HVOL
Royal Bank of Canada
4.69%
The Toronto-Dominion Bank
4.66%
The Bank of Nova Scotia
4.51%
National Bank of Canada
4.17%
Bank of Montreal
4.17%
Canadian Imperial Bank of Commerce
4.16%
Canadian Pacific Kansas City Ltd.
3.86%
Sun Life Financial, Inc.
3.65%
Fortis, Inc.
3.56%
Canadian National Railway Co.
3.52%
Diversification
HVOI
Total weight of top 10 holdings out of 40 total
40.78%
HVOL
Total weight of top 10 holdings out of 40 total
40.94%
Characteristics
Compare
HVOI
HVOL
| 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 | 6.67% | 1.70% |
| Meets ESG criteria | No | No |
| Inception Date | April 15, 2025 | April 15, 2025 |
Frequently asked questions about HVOI and HVOL
Which ETF has performed better year to date: HVOI or HVOL?
As of July 30, 2026, HVOI has returned 11.03% year to date, while HVOL has returned 13.72%. HVOL is ahead on YTD performance.
Which ETF is larger by assets under management: HVOI or HVOL?
As of July 30, 2026, HVOI manages $48.24 M in assets, while HVOL manages $6.73 M. HVOI is the larger fund by AUM.
How are HVOI and HVOL managed?
HVOI is actively managed by Harvest Portfolios Group. It does not track an index. HVOL is actively managed by Harvest Portfolios Group. It does not track an index.
What sectors do HVOI and HVOL emphasize?
HVOI is most exposed to Finance, Energy, and Industrials. HVOL is most exposed to Finance, Energy, and Industrials.
Which ETF is attracting more investor flows: HVOI or HVOL?
Year to date, HVOI has seen -$7.78 M in net flows, compared with +$1.19 M for HVOL. HVOL has attracted more net investor money so far.
How do the fees of HVOI and HVOL compare?
HVOI has an expense ratio of 0.65%, while HVOL has an expense ratio of 0.35%.
What are the top holdings of HVOI and HVOL?
HVOI's largest holdings include Bank of Montreal, The Toronto-Dominion Bank, and Royal Bank of Canada. HVOL's top holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and The Bank of Nova Scotia.
Which ETF is more diversified: HVOI or HVOL?
HVOI holds 40 securities, while HVOL holds 40. On holdings count, HVOI is the more diversified portfolio.
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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.