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Global X USD Cash Maximizer Corporate Class ETF (H...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Issuer
Global X
Inception Date
Jun 30, 2020
Category
Money Market
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Accumulating
Asset Class
Bond
Asset Class Size
Multi-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Global X USD Cash Maximizer Corporate Class ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Global X USD Cash Maximizer Corporate Class ETF (HSUV-U.TO) has returned 0.76% so far this year and 3.87% over the past 12 months.


Global X USD Cash Maximizer Corporate Class ETF

1D
-0.03%
1M
0.47%
YTD
0.76%
6M
1.83%
1Y
3.87%
3Y*
4.67%
5Y*
3.44%
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jun 30, 2020, HSUV-U.TO's average daily return is +0.01%, while the average monthly return is +0.25%. At this rate, your investment would double in approximately 23.1 years.

Historically, 99% of months were positive and 1% were negative. The best month was Aug 2023 with a return of +0.8%, while the worst month was Mar 2025 at -0.0%. The longest winning streak lasted 56 consecutive months, and the longest losing streak was 1 months.

On a daily basis, HSUV-U.TO closed higher 49% of trading days. The best single day was Oct 27, 2023 with a return of +0.4%, while the worst single day was Sep 6, 2023 at -0.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.03%0.27%0.47%0.76%
20250.34%0.60%-0.01%0.41%0.34%0.41%0.20%0.36%0.27%0.30%0.25%0.50%4.04%
20240.28%0.38%0.47%0.38%0.49%0.41%0.42%0.64%0.16%0.39%0.37%0.37%4.86%
20230.39%0.31%0.41%0.44%0.47%0.49%0.36%0.81%0.46%0.40%0.31%0.48%5.46%
20220.01%0.02%0.04%0.04%0.08%0.13%0.15%0.22%0.26%0.24%0.32%0.42%1.94%
20210.01%0.03%0.03%0.02%0.02%0.02%0.02%0.03%0.02%0.01%0.03%0.03%0.27%

Benchmark Metrics

Global X USD Cash Maximizer Corporate Class ETF has an annualized alpha of 3.03%, beta of 0.00, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since July 02, 2020.

  • This ETF captured 4.91% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -8.34%) — a profile typical of hedging or uncorrelated assets.
  • Beta of 0.00 may look defensive, but with R² of 0.00 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.00 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
3.03%
Beta
0.00
0.00
Upside Capture
4.91%
Downside Capture
-8.34%

Expense Ratio

HSUV-U.TO has an expense ratio of 0.18%, which is considered low.


Return for Risk

Risk / Return Rank

HSUV-U.TO ranks 99 for risk / return — in the top 99% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


HSUV-U.TO Risk / Return Rank: 9999
Overall Rank
HSUV-U.TO Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
HSUV-U.TO Sortino Ratio Rank: 9999
Sortino Ratio Rank
HSUV-U.TO Omega Ratio Rank: 9898
Omega Ratio Rank
HSUV-U.TO Calmar Ratio Rank: 9999
Calmar Ratio Rank
HSUV-U.TO Martin Ratio Rank: 9999
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Global X USD Cash Maximizer Corporate Class ETF (HSUV-U.TO) and compare them to a chosen benchmark (S&P 500 Index).


HSUV-U.TOBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

3.79

0.90

+2.90

Sortino ratio

Return per unit of downside risk

6.16

1.39

+4.77

Omega ratio

Gain probability vs. loss probability

1.91

1.21

+0.70

Calmar ratio

Return relative to maximum drawdown

15.31

1.40

+13.91

Martin ratio

Return relative to average drawdown

47.48

6.61

+40.87

Explore HSUV-U.TO risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


Global X USD Cash Maximizer Corporate Class ETF doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Global X USD Cash Maximizer Corporate Class ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Global X USD Cash Maximizer Corporate Class ETF was 0.52%, occurring on Sep 25, 2024. Recovery took 28 trading sessions.

The current Global X USD Cash Maximizer Corporate Class ETF drawdown is 0.17%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-0.52%Sep 17, 20247Sep 25, 202428Nov 5, 202435
-0.52%Oct 31, 20232Nov 1, 202315Nov 22, 202317
-0.38%Feb 26, 202510Mar 11, 202525Apr 15, 202535
-0.37%Sep 6, 20231Sep 6, 20234Sep 12, 20235
-0.35%Aug 22, 20232Aug 23, 20236Aug 31, 20238

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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