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CASH.TO vs. HUG.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CASH.TO vs. HUG.TO

Last updated Apr 5, 2026

Compare and contrast key facts about Global X High Interest Savings ETF (CASH.TO) and Global X Gold ETF (HUG.TO).

CASH.TO and HUG.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CASH.TO is an actively managed fund by Global X. It was launched on Nov 1, 2021. HUG.TO is a passively managed fund by Global X that tracks the performance of the Solactive Gold Front Month MD Rolling Futures Index ER. It was launched on Jun 24, 2009.

Performance

CASH.TO vs. HUG.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X High Interest Savings ETF (CASH.TO) and Global X Gold ETF (HUG.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, CASH.TO achieves a 0.50% return, which is significantly lower than HUG.TO's 7.06% return.

CASH.TO

1D
0.02%
1M
0.17%
YTD
0.50%
6M
1.02%
1Y
2.30%
3Y*
3.79%
5Y*
—
10Y*
—

HUG.TO

1D
-2.02%
1M
-8.31%
YTD
7.06%
6M
17.74%
1Y
47.94%
3Y*
29.36%
5Y*
19.12%
10Y*
11.50%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CASH.TO vs. HUG.TO - Yearly Performance Comparison

2026 (YTD)20252024202320222021
CASH.TO
Global X High Interest Savings ETF		0.50%2.45%4.53%5.11%2.39%0.08%
HUG.TO
Global X Gold ETF		7.06%57.93%24.13%11.48%-1.87%2.81%

Correlation

The correlation between CASH.TO and HUG.TO is -0.01, meaning they tend to move in opposite directions. This is especially valuable for risk management — when one declines, the other has historically tended to hold steady or rise, cushioning overall portfolio drawdowns.

CASH.TO vs. HUG.TO - Expense Ratio Comparison

CASH.TO has a 0.11% expense ratio, which is lower than HUG.TO's 0.54% expense ratio.

HUG.TO
Global X Gold ETF
CASH.TO
Global X High Interest Savings ETF

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X High Interest Savings ETF

Global X Gold ETF

Often compared with CASH.TO:
CASH.TO vs. ZMMK.TOCASH.TO vs. CBIL.TOCASH.TO vs. HSAV.TOCASH.TO vs. PSA.TOCASH.TO vs. CMR.TOCASH.TO vs. SGOVCASH.TO vs. ZST.TO
Often compared with HUG.TO:
HUG.TO vs. CGL.TOHUG.TO vs. CGL-C.TOHUG.TO vs. VALT.TOHUG.TO vs. XEQT.TOHUG.TO vs. PHYS.TOHUG.TO vs. SVR-C.TOHUG.TO vs. KILO.TO

Return for Risk

CASH.TO vs. HUG.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CASH.TO
CASH.TO Risk / Return Rank: 100100
Overall Rank
CASH.TO Sharpe Ratio Rank: 100100
Sharpe Ratio Rank
CASH.TO Sortino Ratio Rank: 100100
Sortino Ratio Rank
CASH.TO Omega Ratio Rank: 100100
Omega Ratio Rank
CASH.TO Calmar Ratio Rank: 100100
Calmar Ratio Rank
CASH.TO Martin Ratio Rank: 100100
Martin Ratio Rank
HUG.TO
HUG.TO Risk / Return Rank: 7272
Overall Rank
HUG.TO Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
HUG.TO Sortino Ratio Rank: 7575
Sortino Ratio Rank
HUG.TO Omega Ratio Rank: 7373
Omega Ratio Rank
HUG.TO Calmar Ratio Rank: 6868
Calmar Ratio Rank
HUG.TO Martin Ratio Rank: 6363
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.

CASH.TO vs. HUG.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X High Interest Savings ETF (CASH.TO) and Global X Gold ETF (HUG.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

CASH.TOHUG.TODifference

Sharpe ratio

Return per unit of total volatility

10.49

1.55

+8.94

Sortino ratio

Return per unit of downside risk

33.16

1.98

+31.18

Omega ratio

Gain probability vs. loss probability

7.74

1.29

+6.46

Calmar ratio

Return relative to maximum drawdown

115.84

2.25

+113.59

Martin ratio

Return relative to average drawdown

479.20

7.92

+471.29

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CASH.TO vs. HUG.TO - Sharpe Ratio Comparison

The current CASH.TO Sharpe Ratio is 10.49, which is higher than the HUG.TO Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of CASH.TO and HUG.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

CASH.TOHUG.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

10.49

1.55

+8.94

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

1.07

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.71

—

Sharpe Ratio (All Time)

Calculated using the full available price history

5.51

0.46

+5.06

Drawdowns

CASH.TO vs. HUG.TO - Drawdown Comparison

The maximum CASH.TO drawdown since its inception was -0.80%, smaller than the maximum HUG.TO drawdown of -47.99%. Use the drawdown chart below to compare losses from any high point for CASH.TO and HUG.TO.

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Drawdown Indicators

CASH.TOHUG.TODifference

Max Drawdown

Largest peak-to-trough decline

-0.80%

-47.99%

+47.19%

Max Drawdown (1Y)

Largest decline over 1 year

-0.02%

-19.27%

+19.25%

Max Drawdown (5Y)

Largest decline over 5 years

—

-22.06%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-24.66%

—

Current Drawdown

Current decline from peak

0.00%

-14.05%

+14.05%

Average Drawdown

Average peak-to-trough decline

0.00%

-23.04%

+23.04%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.00%

5.48%

-5.48%

Volatility

CASH.TO vs. HUG.TO - Volatility Comparison

The current volatility for Global X High Interest Savings ETF (CASH.TO) is 0.05%, while Global X Gold ETF (HUG.TO) has a volatility of 10.07%. This indicates that CASH.TO experiences smaller price fluctuations and is considered to be less risky than HUG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CASH.TOHUG.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

0.05%

10.07%

-10.02%

Volatility (6M)

Calculated over the trailing 6-month period

0.15%

24.15%

-24.00%

Volatility (1Y)

Calculated over the trailing 1-year period

0.22%

27.80%

-27.58%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

0.62%

18.00%

-17.38%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

0.62%

16.39%

-15.77%

Dividends

CASH.TO vs. HUG.TO - Dividend Comparison

CASH.TO's dividend yield for the trailing twelve months is around 2.31%, while HUG.TO has not paid dividends to shareholders.

TTM20252024202320222021
CASH.TO
Global X High Interest Savings ETF		2.31%2.53%4.37%5.06%2.30%0.10%
HUG.TO
Global X Gold ETF		0.00%0.00%0.00%0.00%0.00%0.00%