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Global X Crude Oil ETF (HUC.TO)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

CUSIP
37963Y102
Issuer
Global X
Inception Date
Jun 24, 2009
Category
Commodities
Leveraged
1x (No leverage)
Index Tracked
Solactive Light Sweet Crude Oil Winter MD Rolling Futures Index ER
Distribution Policy
Accumulating
Asset Class
Commodity

Share Price Chart


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Global X Crude Oil ETF

Performance

Performance Chart

The chart shows the growth of an initial investment of CA$10,000 in Global X Crude Oil 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

Different Benchmark Currency

HUC.TO is traded in CAD, while the ^GSPC benchmark is in USD. To make them comparable, the benchmark values have been converted to CAD using the latest available exchange rates.

Returns By Period

Global X Crude Oil ETF (HUC.TO) has returned 28.46% so far this year and 11.93% over the past 12 months. Over the last ten years, HUC.TO has returned 9.33% per year, falling short of the S&P 500 Index benchmark, which averaged 12.91% annually.


Global X Crude Oil ETF

1D
-5.14%
1M
14.50%
YTD
28.46%
6M
19.51%
1Y
11.93%
3Y*
6.60%
5Y*
13.28%
10Y*
9.33%

Benchmark (S&P 500 Index)

1D
2.80%
1M
-3.22%
YTD
-3.34%
6M
-2.48%
1Y
12.46%
3Y*
17.80%
5Y*
12.48%
10Y*
12.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jun 25, 2009, HUC.TO's average daily return is +0.09%, while the average monthly return is +1.95%. At this rate, your investment would double in approximately 3.0 years.

Historically, 54% of months were positive and 46% were negative. The best month was Oct 2009 with a return of +336.7%, while the worst month was Mar 2020 at -28.2%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 7 months.

On a daily basis, HUC.TO closed higher 46% of trading days. The best single day was Oct 29, 2009 with a return of +306.3%, while the worst single day was Mar 9, 2020 at -18.9%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20269.26%2.69%14.50%28.46%
20250.05%-2.63%1.76%-16.18%3.67%7.56%4.89%-3.33%-1.18%-1.94%-2.89%-2.30%-13.63%
20244.16%0.86%6.42%0.09%-3.10%4.84%-4.49%-1.46%-2.78%1.81%-1.68%3.00%7.23%
2023-0.72%-2.57%-1.39%0.76%-8.86%5.49%9.64%2.85%3.14%-1.25%-5.31%-3.35%-2.89%
202211.54%4.96%9.29%3.18%9.62%-6.05%0.54%-5.38%-11.13%6.98%3.11%-0.43%26.25%
20214.31%14.98%-0.72%6.84%5.95%7.89%1.52%-3.12%7.31%5.00%-12.02%11.29%57.81%

Benchmark Metrics

Global X Crude Oil ETF has an annualized alpha of 19.84%, beta of 0.40, and R² of 0.01 versus S&P 500 Index. Calculated based on daily prices since June 26, 2009.

  • This ETF captured 24.34% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -29.98%) — a profile typical of hedging or uncorrelated assets.
  • Beta of 0.40 may look defensive, but with R² of 0.01 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 0.01 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
19.84%
Beta
0.40
0.01
Upside Capture
24.34%
Downside Capture
-29.98%

Expense Ratio

HUC.TO has a high expense ratio of 1.09%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

HUC.TO ranks 26 for risk / return — below 26% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


HUC.TO Risk / Return Rank: 2626
Overall Rank
HUC.TO Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
HUC.TO Sortino Ratio Rank: 2626
Sortino Ratio Rank
HUC.TO Omega Ratio Rank: 2424
Omega Ratio Rank
HUC.TO Calmar Ratio Rank: 3434
Calmar Ratio Rank
HUC.TO Martin Ratio Rank: 2222
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 Crude Oil ETF (HUC.TO) and compare them to a chosen benchmark (S&P 500 Index).


HUC.TOBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.47

0.69

-0.22

Sortino ratio

Return per unit of downside risk

0.80

1.06

-0.26

Omega ratio

Gain probability vs. loss probability

1.10

1.17

-0.06

Calmar ratio

Return relative to maximum drawdown

0.90

1.14

-0.25

Martin ratio

Return relative to average drawdown

1.57

4.22

-2.65

Explore HUC.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 Crude Oil 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 Crude Oil 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 Crude Oil ETF was 76.99%, occurring on Apr 28, 2020. The portfolio has not yet recovered.

The current Global X Crude Oil ETF drawdown is 13.01%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-76.99%May 3, 20112256Apr 28, 2020
-21.63%May 5, 201014May 25, 2010173Feb 1, 2011187
-15.41%Jan 13, 201018Feb 5, 201041Apr 7, 201059
-11.83%Jul 2, 20094Jul 14, 20096Jul 24, 200910
-11.73%Aug 10, 200923Sep 25, 200911Oct 15, 200934

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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