A side-by-side comparison of Harvest Healthcare Leaders Income ETF (HHL) and Evolve Global Healthcare Enhanced Yield Fund Hedged Units (LIFE) to help Canadian investors make an informed decision.
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1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | HHL | LIFE |
|---|---|---|
| YTD Return | -7.25%✓ | -9.02% |
| 1-Day Change | -0.56% | -0.31%✓ |
| 1-Week Change | -0.42%✓ | -1.04% |
| 1-Month Change | +3.62%✓ | +3.50% |
| Current Price | $7.16 | $17.59 |
| AUM | $1.73B✓ | $254M |
| MER (Expense Ratio) | 0%✓ | 0.45% |
| Dividend Yield | 10.21% | 13.10%✓ |
| Distribution Frequency | Monthly | |
| Inception Date | 2014-12-18 | 2017-10-23 |
| Holdings Count | 10 | 10 |
| MorningStar Rating | ★★★ | ★★★ |
| Category | Healthcare Equity | Healthcare Equity |
| Beta | 0.95 | 0.91 |
| 52-Week High | $7.59 | $18.72 |
| 52-Week Low | $6.27 | $15.71 |
| 50-Day MA | $6.94 | $17.13 |
| 200-Day MA | $7.35 | $18.46 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | HHL | LIFE |
|---|---|---|
| YTD | -7.25%✓ | -9.02% |
| 1 Year | +4.47%✓ | +3.01% |
| 3 Year | +4.53%✓ | +3.78% |
| 5 Year | +5.46%✓ | +4.46% |
| 10 Year | +6.77% | — |
| 1Y Volatility | 13.32% | 12.38% |
| Sharpe Ratio (3Y) | 0.14 | 0.06 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | LLY | Eli Lilly and Company | 5.44% |
| 2 | ABBV | AbbVie Inc | 5.44% |
| 3 | JNJ | Johnson & Johnson | 5.40% |
| 4 | MRK | Merck & Company Inc | 5.38% |
| 5 | VRTX | Vertex Pharmaceuticals Inc | 5.38% |
| 6 | AMGN | Amgen Inc | 5.33% |
| 7 | DHR | Danaher Corporation | 5.30% |
| 8 | UNH | UnitedHealth Group Incorporated | 5.29% |
| 9 | TMO | Thermo Fisher Scientific Inc | 5.25% |
| 10 | NVS | Novartis AG ADR | 5.23% |
| 1 | NVO | Novo Nordisk A/S | 5.71% |
| 2 | ABBV | AbbVie Inc | 5.25% |
| 3 | BMY | Bristol-Myers Squibb Company | 5.17% |
| 4 | ISRG | Intuitive Surgical Inc | 5.08% |
| 5 | RHHBY | Roche Holding Ltd ADR | 5.08% |
| 6 | PFE | Pfizer Inc | 5.04% |
| 7 | SNY | Sanofi ADR | 5.03% |
| 8 | LLY | Eli Lilly and Company | 5.01% |
| 9 | AMGN | Amgen Inc | 4.99% |
| 10 | JNJ | Johnson & Johnson | 4.94% |
Sector Weights
| Sector | HHL | LIFE |
|---|---|---|
| Basic Materials | 0.00% | 0.00% |
| Communication Services | 0.00% | 0.00% |
| Consumer Cyclicals | 0.00% | 0.00% |
| Consumer Defensive | 0.00% | 0.00% |
| Energy | 0.00% | 0.00% |
| Financial Services | 0.00% | 0.00% |
| Healthcare | 100.00% | 100.00% |
| Industrials | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% |
| Technology | 0.00% | 0.00% |
| Utilities | 0.00% | 0.00% |
About HHL
US healthcare companies combine innovation with consistent demand. We all need healthcare, especially as the developed world ages and the developing world gets richer. Healthcare companies create value from new drugs, treatments, and technologies. HHL offers steady income and growth opportunities from large-cap US healthcare leaders.
About LIFE
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Which ETF is Right for You?
Both HHL and LIFE are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, HHL scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between HHL and LIFE?
HHL (Harvest Healthcare Leaders Income ETF) and LIFE (Evolve Global Healthcare Enhanced Yield Fund Hedged Units) are both Canadian-listed ETFs. Key differences include their AUM ($1.73B vs $254M), dividend yield (10.21% vs 13.10%), and year-to-date performance (-7.25% vs -9.02%).
Is HHL better than LIFE?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, HHL has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy HHL and LIFE on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both HHL and LIFE should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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