HCLN.TO
Harvest Clean Energy ETF
Global
EQUITY
Active
MANAGEMENT STYLE
$ 22.0 M
ASSETS UNDER MGMT
40 bp
EXPENSES
Fund Basics
| Inception date | Jan 07, 2021 |
| Regulation | |
| Fund Website | link... |
| Distributions | |
| Currency | CAD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| SOLAREDGE TECHNOLOGIES, INC. | 4.1 % |
| PLUG POWER INC | 3.9 % |
| VERBIO VEREINIGTE BIOENERGIE AG | 3.5 % |
| BORALEX INC -CL 'A' | 3.3 % |
| NEXTRACKER, INC. CLASS A | 3.1 % |
| ENERSYS | 3.1 % |
| ENPHASE ENERGY INC | 3.0 % |
| SOLARIA ENERGIA Y MEDIO AMBI | 3.0 % |
| CADELER A/S | 3.0 % |
| NORDEX AG | 3.0 % |
Constituent Breakdown
| Number of holdings | 41 |
| Herfindahl-Hirschman Index | 257 |
| Wgt avg mkt cap (mns) | $5,315 |
| Large cap (>$10bn) | 12.4% |
| Mid cap ($2-10bn) | 50.3% |
| Small cap (<$2bn) | 32.1% |
| Developed mkts. | 88.9% |
| Emerging mkts. | 8.2% |
Sector Breakdown
Country Exposure
| UNITED STATES | 32.1 % | |
| SPAIN | 10.5 % | |
| CANADA | 8.1 % | |
| DENMARK | 7.8 % | |
| NEW ZEALAND | 7.0 % | |
| GERMANY | 6.4 % | |
| CHINA | 5.9 % | |
| AUSTRIA | 2.5 % | |
| GREECE | 2.3 % | |
| INDIA | 2.3 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 23.1% | 63.3% | 14.1% | 2.5% | -2.7% | -- | -- | -8.5% |
| Dividend Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -- | -- | 0.0% |
| Total Returns | 23.1% | 63.3% | 14.1% | 2.5% | -2.7% | -- | -- | -8.5% | Ann. Volatility | 27.1% | 26.0% | 24.9% | 24.4% | 25.0% | -- | -- | 26.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.11 | 25% |
| MSCI EAFE | 0.73 | 18% |
| MSCI Emg Mkts | 0.62 | 22% |
Liquidity Measures
| Avg. volume (000) | 11 |
| ADV traded (mns) | $0 |
| Turnover | 0.6% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $11.58 |
| Relative strength (RSI) | 62 |
| MACD/Signal | 0.38/0.29 |
| Bollinger Bands (Upper/Lower) | $12.68/$10.65 |
| Short interest (% of AUM) | 0.0% |
Distributions
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. HCLN.TO |
Expenses vs. HCLN.TO |
ALTAR Score™ vs. HCLN.TO |
|---|---|---|---|---|
| XCLN.TO | iShares Global Clean Energy Index ETF | 27.5% | -5 bp | +0.4% |
| ZCLN.TO | BMO Clean Energy Index ETF | 27.3% | -5 bp | +0.4% |
Risk and Returns: HCLN.TO vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (CAD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/15/2026
Peer Group Comparison
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ETF Research Center Rating
1.5%
ALTAR SCORE™
14th
PERCENTILE
AVOID
ETFRC RATING
There are 727 funds in the Global Equity category with an average
ALTAR Score™ of 4.3% and a standard deviation
of 2.6%. HCLN.TO's ALTAR Score™ is approximately -1.1 standard
deviations above the category average. This places HCLN.TO in the 14th percentile
among funds in the category.
Sell-Side Consensus
$12.2
PRICE TARGET
+5.4%
UPSIDE