CNDU.TO vs. HDIV.TO
Compare and contrast key facts about BetaPro S&P/TSX 60 2x Daily Bull ETF (CNDU.TO) and Hamilton Enhanced Multi-Sector Covered Call ETF (HDIV.TO).
CNDU.TO and HDIV.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CNDU.TO is a passively managed fund by Horizons ETFs that tracks the performance of the S&P/TSX 60 Index. It was launched on Jan 8, 2007. HDIV.TO is an actively managed fund by Hamilton Capital. It was launched on Jul 19, 2021.
Performance
CNDU.TO vs. HDIV.TO - Performance Comparison
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CNDU.TO vs. HDIV.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CNDU.TO BetaPro S&P/TSX 60 2x Daily Bull ETF | 4.34% | 54.27% | 34.82% | 15.07% | -17.75% | 15.57% |
HDIV.TO Hamilton Enhanced Multi-Sector Covered Call ETF | 3.20% | 33.87% | 23.15% | 13.91% | -2.52% | 12.70% |
Returns By Period
In the year-to-date period, CNDU.TO achieves a 4.34% return, which is significantly higher than HDIV.TO's 3.20% return.
CNDU.TO
- 1D
- 4.89%
- 1M
- -6.84%
- YTD
- 4.34%
- 6M
- 14.56%
- 1Y
- 58.23%
- 3Y*
- 32.99%
- 5Y*
- 21.85%
- 10Y*
- 18.53%
HDIV.TO
- 1D
- 1.91%
- 1M
- -4.61%
- YTD
- 3.20%
- 6M
- 9.39%
- 1Y
- 34.41%
- 3Y*
- 23.25%
- 5Y*
- —
- 10Y*
- —
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CNDU.TO vs. HDIV.TO - Expense Ratio Comparison
CNDU.TO has a 1.15% expense ratio, which is higher than HDIV.TO's 0.00% expense ratio.
Return for Risk
CNDU.TO vs. HDIV.TO — Risk / Return Rank
CNDU.TO
HDIV.TO
CNDU.TO vs. HDIV.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BetaPro S&P/TSX 60 2x Daily Bull ETF (CNDU.TO) and Hamilton Enhanced Multi-Sector Covered Call ETF (HDIV.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.
| CNDU.TO | HDIV.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.02 | 2.05 | -0.04 |
Sortino ratioReturn per unit of downside risk | 2.47 | 2.59 | -0.12 |
Omega ratioGain probability vs. loss probability | 1.38 | 1.45 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 2.94 | 2.61 | +0.33 |
Martin ratioReturn relative to average drawdown | 13.41 | 12.70 | +0.71 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CNDU.TO | HDIV.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.02 | 2.05 | -0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.87 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 1.11 | -0.85 |
Correlation
The correlation between CNDU.TO and HDIV.TO is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
CNDU.TO vs. HDIV.TO - Dividend Comparison
CNDU.TO has not paid dividends to shareholders, while HDIV.TO's dividend yield for the trailing twelve months is around 9.23%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CNDU.TO BetaPro S&P/TSX 60 2x Daily Bull ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HDIV.TO Hamilton Enhanced Multi-Sector Covered Call ETF | 9.23% | 10.09% | 11.38% | 10.41% | 9.64% | 3.39% |
Drawdowns
CNDU.TO vs. HDIV.TO - Drawdown Comparison
The maximum CNDU.TO drawdown since its inception was -78.08%, which is greater than HDIV.TO's maximum drawdown of -22.32%. Use the drawdown chart below to compare losses from any high point for CNDU.TO and HDIV.TO.
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Drawdown Indicators
| CNDU.TO | HDIV.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.08% | -22.32% | -55.76% |
Max Drawdown (1Y)Largest decline over 1 year | -20.72% | -13.77% | -6.95% |
Max Drawdown (5Y)Largest decline over 5 years | -32.60% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -61.51% | — | — |
Current DrawdownCurrent decline from peak | -8.17% | -5.09% | -3.08% |
Average DrawdownAverage peak-to-trough decline | -23.55% | -4.35% | -19.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.55% | 2.83% | +1.72% |
Volatility
CNDU.TO vs. HDIV.TO - Volatility Comparison
BetaPro S&P/TSX 60 2x Daily Bull ETF (CNDU.TO) has a higher volatility of 10.76% compared to Hamilton Enhanced Multi-Sector Covered Call ETF (HDIV.TO) at 6.01%. This indicates that CNDU.TO's price experiences larger fluctuations and is considered to be riskier than HDIV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CNDU.TO | HDIV.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.76% | 6.01% | +4.75% |
Volatility (6M)Calculated over the trailing 6-month period | 19.82% | 10.54% | +9.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.08% | 16.89% | +12.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.44% | 15.73% | +9.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.07% | 15.73% | +14.34% |