CNDU.TO vs. HXT.TO
Compare and contrast key facts about BetaPro S&P/TSX 60 2x Daily Bull ETF (CNDU.TO) and Global X S&P/TSX 60 Corporate Class ETF (HXT.TO).
CNDU.TO and HXT.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. HXT.TO is a passively managed fund by Global X that tracks the performance of the S&P/TSX 60 Index. It was launched on Sep 14, 2010. Both CNDU.TO and HXT.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
CNDU.TO vs. HXT.TO - Performance Comparison
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CNDU.TO vs. HXT.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CNDU.TO BetaPro S&P/TSX 60 2x Daily Bull ETF | 4.34% | 54.27% | 34.82% | 15.07% | -17.75% | 59.15% | -4.99% | 42.24% | -19.24% | 15.76% |
HXT.TO Global X S&P/TSX 60 Corporate Class ETF | 2.91% | 28.74% | 20.94% | 12.02% | -6.27% | 28.11% | 5.36% | 22.18% | -7.89% | 9.77% |
Returns By Period
In the year-to-date period, CNDU.TO achieves a 4.34% return, which is significantly higher than HXT.TO's 2.91% return. Over the past 10 years, CNDU.TO has outperformed HXT.TO with an annualized return of 18.53%, while HXT.TO has yielded a comparatively lower 12.62% annualized 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%
HXT.TO
- 1D
- 2.28%
- 1M
- -3.20%
- YTD
- 2.91%
- 6M
- 8.76%
- 1Y
- 30.31%
- 3Y*
- 19.91%
- 5Y*
- 14.30%
- 10Y*
- 12.62%
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CNDU.TO vs. HXT.TO - Expense Ratio Comparison
CNDU.TO has a 1.15% expense ratio, which is higher than HXT.TO's 0.07% expense ratio.
Return for Risk
CNDU.TO vs. HXT.TO — Risk / Return Rank
CNDU.TO
HXT.TO
CNDU.TO vs. HXT.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 Global X S&P/TSX 60 Corporate Class ETF (HXT.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 | HXT.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.02 | 2.11 | -0.10 |
Sortino ratioReturn per unit of downside risk | 2.47 | 2.73 | -0.26 |
Omega ratioGain probability vs. loss probability | 1.38 | 1.42 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 2.94 | 2.92 | +0.02 |
Martin ratioReturn relative to average drawdown | 13.41 | 14.17 | -0.76 |
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 | HXT.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.02 | 2.11 | -0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.87 | 1.13 | -0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.84 | -0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.67 | -0.41 |
Correlation
The correlation between CNDU.TO and HXT.TO is 0.99, 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. HXT.TO - Dividend Comparison
Neither CNDU.TO nor HXT.TO has paid dividends to shareholders.
Drawdowns
CNDU.TO vs. HXT.TO - Drawdown Comparison
The maximum CNDU.TO drawdown since its inception was -78.08%, which is greater than HXT.TO's maximum drawdown of -35.48%. Use the drawdown chart below to compare losses from any high point for CNDU.TO and HXT.TO.
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Drawdown Indicators
| CNDU.TO | HXT.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.08% | -35.48% | -42.60% |
Max Drawdown (1Y)Largest decline over 1 year | -20.72% | -10.76% | -9.96% |
Max Drawdown (5Y)Largest decline over 5 years | -32.60% | -16.33% | -16.27% |
Max Drawdown (10Y)Largest decline over 10 years | -61.51% | -35.48% | -26.03% |
Current DrawdownCurrent decline from peak | -8.17% | -3.90% | -4.27% |
Average DrawdownAverage peak-to-trough decline | -23.55% | -4.70% | -18.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.55% | 2.22% | +2.33% |
Volatility
CNDU.TO vs. HXT.TO - Volatility Comparison
BetaPro S&P/TSX 60 2x Daily Bull ETF (CNDU.TO) has a higher volatility of 10.76% compared to Global X S&P/TSX 60 Corporate Class ETF (HXT.TO) at 5.32%. This indicates that CNDU.TO's price experiences larger fluctuations and is considered to be riskier than HXT.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 | HXT.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.76% | 5.32% | +5.44% |
Volatility (6M)Calculated over the trailing 6-month period | 19.82% | 9.76% | +10.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.08% | 14.44% | +14.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.44% | 12.70% | +12.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.07% | 15.15% | +14.92% |