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BetaPro NASDAQ-100 2x Daily Bull ETF (HQU.TO) Sharpe Ratio: 2.69

ETF · Currency in CAD · Last updated Jun 3, 2026

The fund seeks daily investment results that correspond to two times (200%) the daily performance of the NASDAQ-100 Index.

HQU.TO's Sharpe Ratio of 2.69 indicates that for each unit of volatility, it generates 2.69 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

HQU.TO Sharpe Ratio Rank

HQU.TO Sharpe Ratio Rank: 80.981
Exceptional

HQU.TO ranks above 80.9% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Suitable as a core holding given strong risk-adjusted returns
  • Monitor rank changes to detect deteriorating return-to-volatility profile
  • Exceptional Sharpe ratio supports larger position sizes
  • Compare with category peers to assess whether strength is investment-specific or category-wide

HQU.TO Sharpe Ratio Market Positioning

The chart shows HQU.TO's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.89 or lower
  • Yellow zone (middle 50%): 0.89 to 2.48
  • Green zone (top 25%): 2.48 or higher
  • Top 1%: 7.83+
  • Median: 1.74 — half of all investments score higher

How it compares to other similar ETFs

The table compares BetaPro NASDAQ-100 2x Daily Bull ETF's Sharpe Ratio with other ETFs in the Nasdaq-100, Leveraged Equities category across multiple time periods, showing how HQU.TO's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 3, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
2MU.LLeverage Shares 2x Micron Technology ETC GBP53.36
MUUDirexion Daily MU Bull 2X Shares50.40
MULLGraniteShares 2x Long MU Daily ETF46.71
SOXL.LLeverage Shares 4x Long Semiconductors ETP Securities19.73
KORUDirexion Daily South Korea Bull 3X Shares17.63
3KOR.LLeverage Shares 3x Long South Korea ETP Securities17.14
SOXU.TOMegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF14.71
SOXLDirexion Daily Semiconductor Bull 3X ETF14.28
3AMD.LLeverage Shares 3x AMD ETC GBP12.36
AMD3.LLeverage Shares 3x AMD ETP Securities12.22
HQU.TOBetaPro NASDAQ-100 2x Daily Bull ETF2.69

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows HQU.TO's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when HQU.TO consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does HQU.TO fit in your portfolio?

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