CNDU.TO vs. SOXU.TO

Last updated Jun 4, 2026

CNDU.TO (BetaPro S&P/TSX 60 2x Daily Bull ETF) and SOXU.TO (MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF) are both Leveraged Equities funds - CNDU.TO tracks the S&P/TSX 60 Index while SOXU.TO tracks the Solactive US Semiconductor 30 Capped Index. Both are passively managed. Over the past year, CNDU.TO returned 62.18% vs 1567.59% for SOXU.TO. At a 0.36 correlation, their price movements are largely independent. CNDU.TO charges 1.15%/yr vs 1.81%/yr for SOXU.TO.

Performance

CNDU.TO vs. SOXU.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in BetaPro S&P/TSX 60 2x Daily Bull ETF (CNDU.TO) and MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF (SOXU.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CNDU.TO achieves a 17.93% return, which is significantly lower than SOXU.TO's 538.96% return.

CNDU.TO

• 1D: -1.69%
• 1M: 6.67%
• YTD: 17.93%
• 6M: 21.59%
• 1Y: 62.18%
• 3Y*: 38.91%
• 5Y*: 22.02%
• 10Y*: 18.70%

SOXU.TO

• 1D: 5.63%
• 1M: 123.65%
• YTD: 538.96%
• 6M: 517.85%
• 1Y: 1,567.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CNDU.TO vs. SOXU.TO - Yearly Performance Comparison

	2026 (YTD)	2025
CNDU.TO BetaPro S&P/TSX 60 2x Daily Bull ETF	17.93%	43.01%
SOXU.TO MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF	538.96%	169.76%

Correlation

The correlation between CNDU.TO and SOXU.TO is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (All Time) Calculated using the full available price history since May 26, 2025	0.36

Return for Risk

CNDU.TO vs. SOXU.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CNDU.TO

CNDU.TO Risk / Return Rank: 79
CNDU.TO Sharpe Ratio Rank: 82
CNDU.TO Sortino Ratio Rank: 73
CNDU.TO Omega Ratio Rank: 74
CNDU.TO Calmar Ratio Rank: 80
CNDU.TO Martin Ratio Rank: 86

SOXU.TO

SOXU.TO Risk / Return Rank: 98
SOXU.TO Sharpe Ratio Rank: 100
SOXU.TO Sortino Ratio Rank: 96
SOXU.TO Omega Ratio Rank: 95
SOXU.TO Calmar Ratio Rank: 99
SOXU.TO Martin Ratio Rank: 99

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.

CNDU.TO vs. SOXU.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 MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF (SOXU.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	SOXU.TO	Difference
Sharpe ratio Return per unit of total volatility	2.65	15.58	-12.93
Sortino ratio Return per unit of downside risk	3.27	5.37	-2.10
Omega ratio Gain probability vs. loss probability	1.44	1.75	-0.31
Calmar ratio Return relative to maximum drawdown	4.10	37.08	-32.98
Martin ratio Return relative to average drawdown	18.17	124.73	-106.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CNDU.TO vs. SOXU.TO - Sharpe Ratio Comparison

The current CNDU.TO Sharpe Ratio is 2.65, which is lower than the SOXU.TO Sharpe Ratio of 15.58. The chart below compares the historical Sharpe Ratios of CNDU.TO and SOXU.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.

Sharpe Ratios by Period

	CNDU.TO	SOXU.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.65	15.58	-12.93
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	0.28	14.98	-14.70

Drawdowns

CNDU.TO vs. SOXU.TO - Drawdown Comparison

The maximum CNDU.TO drawdown since its inception was -78.08%, which is greater than SOXU.TO's maximum drawdown of -42.78%. Use the drawdown chart below to compare losses from any high point for CNDU.TO and SOXU.TO.

Drawdown Indicators

	CNDU.TO	SOXU.TO	Difference
Max Drawdown Largest peak-to-trough decline	-78.08%	-42.78%	-35.30%
Max Drawdown (1Y) Largest decline over 1 year	-15.26%	-42.78%	+27.52%
Max Drawdown (3Y) Largest decline over 3 years	-24.52%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-32.60%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-61.51%	—	—
Current Drawdown Current decline from peak	-1.69%	0.00%	-1.69%
Average Drawdown Average peak-to-trough decline	-23.36%	-8.28%	-15.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.43%	12.69%	-9.26%

Volatility

CNDU.TO vs. SOXU.TO - Volatility Comparison

The current volatility for BetaPro S&P/TSX 60 2x Daily Bull ETF (CNDU.TO) is 6.36%, while MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF (SOXU.TO) has a volatility of 40.22%. This indicates that CNDU.TO experiences smaller price fluctuations and is considered to be less risky than SOXU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CNDU.TO	SOXU.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.36%	40.22%	-33.86%
Volatility (6M) Calculated over the trailing 6-month period	18.86%	81.21%	-62.35%
Volatility (1Y) Calculated over the trailing 1-year period	23.58%	101.81%	-78.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.54%	101.21%	-75.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.10%	101.21%	-71.11%

CNDU.TO vs. SOXU.TO - Expense Ratio Comparison

CNDU.TO has a 1.15% expense ratio, which is lower than SOXU.TO's 1.81% expense ratio.

Dividends

CNDU.TO vs. SOXU.TO - Dividend Comparison

Neither CNDU.TO nor SOXU.TO has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CNDU.TO and SOXU.TO in my portfolio?

CNDU.TO and SOXU.TO have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CNDU.TO or SOXU.TO?

On fees, CNDU.TO is cheaper at 1.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CNDU.TO or SOXU.TO?

CNDU.TO is cheaper with a 1.15% expense ratio, compared with 1.81% for SOXU.TO.

What is the main difference between CNDU.TO and SOXU.TO?

CNDU.TO tracks S&P/TSX 60 Index, while SOXU.TO tracks Solactive US Semiconductor 30 Capped Index. They also come from different issuers: Horizons ETFs and LongPoint. Their fees differ too: 1.15% for CNDU.TO and 1.81% for SOXU.TO.