CFOU.TO vs. XEG.TO
CFOU.TO (BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF) and XEG.TO (iShares S&P/TSX Capped Energy Index ETF) are both exchange-traded funds - CFOU.TO is a Leveraged Equities fund tracking the S&P/TSX Capped Financials Index, while XEG.TO is a Energy Equities fund tracking the S&P/TSX Capped Energy Index. Both are passively managed. Over the past 10 years, CFOU.TO returned 25.52%/yr vs 11.01%/yr for XEG.TO. At a 0.45 correlation, their price movements are largely independent. CFOU.TO charges 1.52%/yr vs 0.60%/yr for XEG.TO.
Performance
CFOU.TO vs. XEG.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CFOU.TO achieves a 49.68% return, which is significantly higher than XEG.TO's 36.97% return. Over the past 10 years, CFOU.TO has outperformed XEG.TO with an annualized return of 25.52%, while XEG.TO has yielded a comparatively lower 11.01% annualized return.
CFOU.TO
- 1D
- -0.55%
- 1M
- 10.36%
- 6M
- 44.86%
- YTD
- 49.68%
- 1Y
- 114.05%
- 3Y*
- 64.59%
- 5Y*
- 33.79%
- 10Y*
- 25.52%
XEG.TO
- 1D
- 3.17%
- 1M
- -1.12%
- 6M
- 36.90%
- YTD
- 36.97%
- 1Y
- 53.60%
- 3Y*
- 25.33%
- 5Y*
- 29.44%
- 10Y*
- 11.01%
CFOU.TO vs. XEG.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CFOU.TO BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF | 49.68% | 69.17% | 56.15% | 18.37% | -23.64% | 79.61% | -14.72% | 40.48% | -21.69% | 22.51% |
XEG.TO iShares S&P/TSX Capped Energy Index ETF | 36.97% | 16.72% | 14.04% | 3.55% | 53.25% | 83.71% | -34.44% | 9.04% | -27.05% | -11.17% |
Correlation
The correlation between CFOU.TO and XEG.TO is -0.16, 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.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2007 | 0.45 |
The correlation between CFOU.TO and XEG.TO shifts across timeframes, from -0.16 (1 year) to 0.45 (all time), reflecting how their relationship changes across market environments.
CFOU.TO vs. XEG.TO - Sectors Allocation Comparison
Sectors
CFOU.TO
XEG.TO
Financial Services
-
Basic Materials
-
-
Communication Services
-
-
Consumer Cyclical
-
-
Consumer Defensive
-
-
Energy
-
Healthcare
-
-
Industrials
-
-
Real Estate
-
-
Technology
-
-
Utilities
-
-
Financial Services
CFOU.TO
XEG.TO
-
Basic Materials
CFOU.TO
-
XEG.TO
-
Communication Services
CFOU.TO
-
XEG.TO
-
Consumer Cyclical
CFOU.TO
-
XEG.TO
-
Consumer Defensive
CFOU.TO
-
XEG.TO
-
Energy
CFOU.TO
-
XEG.TO
Healthcare
CFOU.TO
-
XEG.TO
-
Industrials
CFOU.TO
-
XEG.TO
-
Real Estate
CFOU.TO
-
XEG.TO
-
Technology
CFOU.TO
-
XEG.TO
-
Utilities
CFOU.TO
-
XEG.TO
-
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CFOU.TO vs. XEG.TO — Risk / Return Rank
CFOU.TO
XEG.TO
CFOU.TO vs. XEG.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF (CFOU.TO) and iShares S&P/TSX Capped Energy Index ETF (XEG.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.
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.
| CFOU.TO | XEG.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.26 | ||
| Sortino ratioReturn per unit of downside risk | +2.33 | ||
| Omega ratioGain probability vs. loss probability | 1.67 | 1.37 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 7.13 | 3.27 | +3.86 |
| Martin ratioReturn relative to average drawdown | 29.14 | 10.24 | +18.90 |
Loading charts...
Drawdowns
CFOU.TO vs. XEG.TO - Drawdown Comparison
The maximum CFOU.TO drawdown since its inception was -86.23%, roughly equal to the maximum XEG.TO drawdown of -87.51%. Use the drawdown chart below to compare losses from any high point for CFOU.TO and XEG.TO.
Loading charts...
Drawdown Indicators
| CFOU.TO | XEG.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.23% | -87.51% | +1.28% |
Max Drawdown (1Y)Largest decline over 1 year | -16.08% | -16.47% | +0.39% |
Max Drawdown (3Y)Largest decline over 3 years | -24.95% | -25.67% | +0.72% |
Max Drawdown (5Y)Largest decline over 5 years | -45.23% | -28.42% | -16.81% |
Max Drawdown (10Y)Largest decline over 10 years | -67.30% | -79.66% | +12.36% |
Current DrawdownCurrent decline from peak | -0.55% | -8.90% | +8.35% |
Average DrawdownAverage peak-to-trough decline | -22.32% | -34.56% | +12.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.93% | 5.25% | -1.32% |
Volatility
CFOU.TO vs. XEG.TO - Volatility Comparison
The current volatility for BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF (CFOU.TO) is 6.49%, while iShares S&P/TSX Capped Energy Index ETF (XEG.TO) has a volatility of 8.38%. This indicates that CFOU.TO experiences smaller price fluctuations and is considered to be less risky than XEG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CFOU.TO | XEG.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.49% | 8.38% | -1.89% |
Volatility (6M)Calculated over the trailing 6-month period | 21.42% | 20.07% | +1.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.48% | 23.96% | +1.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.66% | 28.70% | -1.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.79% | 33.41% | +0.38% |
CFOU.TO vs. XEG.TO - Expense Ratio Comparison
CFOU.TO has a 1.52% expense ratio, which is higher than XEG.TO's 0.60% expense ratio.
Dividends
CFOU.TO vs. XEG.TO - Dividend Comparison
CFOU.TO has not paid dividends to shareholders, while XEG.TO's dividend yield for the trailing twelve months is around 2.69%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CFOU.TO BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XEG.TO iShares S&P/TSX Capped Energy Index ETF | 2.69% | 3.63% | 3.46% | 4.26% | 3.31% | 1.64% | 2.96% | 2.70% | 2.25% | 1.41% | 1.40% | 3.58% |
Frequently Asked Questions
CFOU.TO and XEG.TO have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XEG.TO is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XEG.TO is cheaper with a 0.60% expense ratio, compared with 1.52% for CFOU.TO.
CFOU.TO is categorized as Leveraged Equities, while XEG.TO is Energy Equities. CFOU.TO tracks S&P/TSX Capped Financials Index, while XEG.TO tracks S&P/TSX Capped Energy Index. They also come from different issuers: Global X and iShares. Their fees differ too: 1.52% for CFOU.TO and 0.60% for XEG.TO.
Find the right allocation for CFOU.TO and XEG.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer