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Issuer
Global X
Inception Date
Jun 17, 2008
Leveraged
2x
Index Tracked
No Index (Active)
Distribution Policy
Accumulating
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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BetaPro S&P 500 2x Daily Bull ETF

Performance

SPXU.TO Performance Chart

BetaPro S&P 500 2x Daily Bull ETF (SPXU.TO) is up 15.2% since the beginning of the year. SPXU.TO is currently trading at CA$36 per share. Investors who bought CA$1,000 worth of SPXU.TO shares 5 years ago would now be looking at an investment worth CA$2,055.


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S&P 500 Index

Returns By Period

BetaPro S&P 500 2x Daily Bull ETF (SPXU.TO) has returned 15.21% so far this year and 34.85% over the past 12 months. Looking at the last ten years, SPXU.TO has achieved an annualized return of 29.91%, outperforming the S&P 500 Index benchmark, which averaged 14.61% per year.


BetaPro S&P 500 2x Daily Bull ETF

1D
1.52%
1M
-2.98%
YTD
15.21%
6M
13.36%
1Y
34.85%
3Y*
30.13%
5Y*
15.50%
10Y*
29.91%

Benchmark (S&P 500 Index)

1D
0.93%
1M
1.99%
YTD
13.67%
6M
12.89%
1Y
25.52%
3Y*
21.80%
5Y*
14.76%
10Y*
14.61%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SPXU.TO Monthly Returns History

Based on dividend-adjusted daily data since Dec 1, 2008, SPXU.TO's average daily return is +0.13%, while the average monthly return is +2.44%. At this rate, an investment would double in approximately 2.4 years.

Historically, 65% of months were positive and 35% were negative. The best month was Feb 2020 with a return of +67.1%, while the worst month was Mar 2020 at -29.9%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.

On a daily basis, SPXU.TO closed higher 52% of trading days. The best single day was Feb 18, 2020 with a return of +99.8%, while the worst single day was Mar 16, 2020 at -23.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.04%-2.09%-10.50%20.82%9.91%-2.98%15.21%
20254.65%-3.58%-12.04%-3.78%11.84%9.57%3.81%2.91%6.74%3.80%-0.35%-0.76%22.49%
20242.81%9.84%5.46%-8.78%9.42%6.25%1.57%3.69%3.35%-2.60%11.50%-5.64%40.87%
202311.93%-5.65%6.28%2.39%0.14%12.56%5.79%-4.03%-10.21%-4.88%17.93%8.41%43.60%
2022-10.61%-6.43%6.88%-17.68%-0.89%-16.86%18.35%-8.86%-18.58%15.28%9.60%-12.02%-40.81%
2021-2.72%5.45%8.33%10.54%0.24%5.14%4.32%5.89%-9.58%14.29%-1.69%8.41%57.51%

Benchmark Metrics

BetaPro S&P 500 2x Daily Bull ETF has an annualized alpha of 8.07%, beta of 1.71, and R2 of 0.54 versus S&P 500 Index. Calculated based on daily prices since December 01, 2008.

  • This ETF captured 228.67% of S&P 500 Index gains and 164.29% of its losses - amplifying both gains and losses, but participating more in upside than downside.
  • This ETF generated an annualized alpha of 8.07% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
  • Beta of 1.71 means this ETF moves significantly more than S&P 500 Index - expect amplified gains in rallies and amplified losses in downturns.

Alpha
8.07%
Beta
1.71
0.54
Upside Capture
228.67%
Downside Capture
164.29%

Return for Risk

Risk / Return Rank

SPXU.TO ranks 45 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


SPXU.TO Risk / Return Rank: 4545
Overall Rank
SPXU.TO Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
SPXU.TO Sortino Ratio Rank: 4343
Sortino Ratio Rank
SPXU.TO Omega Ratio Rank: 4343
Omega Ratio Rank
SPXU.TO Calmar Ratio Rank: 4343
Calmar Ratio Rank
SPXU.TO Martin Ratio Rank: 5252
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 BetaPro S&P 500 2x Daily Bull ETF (SPXU.TO) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


SPXU.TOBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.58

Sortino ratioReturn per unit of downside risk

-0.83

Omega ratioGain probability vs. loss probability

1.25

1.35

-0.10

Calmar ratioReturn relative to maximum drawdown

1.87

2.79

-0.92

Martin ratioReturn relative to average drawdown

7.68

10.35

-2.68

Dividends

Dividend History


BetaPro S&P 500 2x Daily Bull 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 BetaPro S&P 500 2x Daily Bull 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 BetaPro S&P 500 2x Daily Bull ETF was 59.70%, occurring on Mar 23, 2020. Recovery took 170 trading sessions.

The current BetaPro S&P 500 2x Daily Bull ETF drawdown is 3.68%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-59.70%Mar 2020
1mo 2d8mo 6d
9mo 8dFeb 2020 - Nov 2020
Financial crisis2007–2009
-49.62%Mar 2009
2mo 1d4mo 17d
6mo 18dJan 2009 - Jul 2009
Bear market2022
-47.90%Oct 2022
9mo 16d1y 7mo
2y 4moDec 2021 - May 2024
2011 bear market2011
-37.66%Oct 2011
5mo 4d5mo 18d
10mo 22dMay 2011 - Mar 2012
Rate-hike selloffLate 2018
-36.63%Dec 2018
3mo 4d6mo 11d
9mo 15dSep 2018 - Jul 2019

Drawdown Indicators


SPXU.TOBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-59.70%

-48.87%

-10.83%

Max Drawdown (1Y)

Largest decline over 1 year

-18.73%

-9.17%

-9.56%

Max Drawdown (3Y)

Largest decline over 3 years

-35.54%

-19.59%

-15.95%

Max Drawdown (5Y)

Largest decline over 5 years

-47.90%

-23.14%

-24.76%

Max Drawdown (10Y)

Largest decline over 10 years

-59.70%

-27.97%

-31.73%

Current Drawdown

Current decline from peak

-3.68%

0.00%

-3.68%

Average Drawdown

Average peak-to-trough decline

-9.73%

-9.64%

-0.09%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.55%

2.47%

+2.08%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with SPXU.TO

Add BetaPro S&P 500 2x Daily Bull ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Analyzer with SPXU.TO