EDGF.TO vs. HXX.TO
EDGF.TO (Brompton European Dividend Growth ETF) and HXX.TO (Global X Europe 50 Index Corporate Class ETF) are both Europe Equities funds. EDGF.TO is actively managed, while HXX.TO is passively managed. Over the past 5 years, EDGF.TO returned 6.72%/yr vs 13.36%/yr for HXX.TO. At a 0.49 correlation, their price movements are largely independent.
Performance
EDGF.TO vs. HXX.TO - Performance Comparison
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Returns By Period
In the year-to-date period, EDGF.TO achieves a 4.20% return, which is significantly lower than HXX.TO's 9.88% return.
EDGF.TO
- 1D
- 0.09%
- 1M
- -1.31%
- 6M
- 0.47%
- YTD
- 4.20%
- 1Y
- 9.16%
- 3Y*
- 13.08%
- 5Y*
- 6.72%
- 10Y*
- —
HXX.TO
- 1D
- 0.47%
- 1M
- -0.08%
- 6M
- 5.54%
- YTD
- 9.88%
- 1Y
- 20.40%
- 3Y*
- 17.81%
- 5Y*
- 13.36%
- 10Y*
- —
EDGF.TO vs. HXX.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EDGF.TO Brompton European Dividend Growth ETF | 4.20% | 17.25% | 14.32% | 12.04% | -19.33% | 24.90% | 0.85% | 34.25% | -11.14% | 3.96% |
HXX.TO Global X Europe 50 Index Corporate Class ETF | 9.88% | 31.10% | 11.15% | 24.55% | -9.72% | 14.01% | 5.46% | 20.53% | -8.75% | 3.37% |
Correlation
The correlation between EDGF.TO and HXX.TO is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Jul 21, 2017 | 0.49 |
The correlation between EDGF.TO and HXX.TO has been stable across timeframes, ranging from 0.43 to 0.52 - a consistent structural relationship.
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Return for Risk
EDGF.TO vs. HXX.TO — Risk / Return Rank
EDGF.TO
HXX.TO
EDGF.TO vs. HXX.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brompton European Dividend Growth ETF (EDGF.TO) and Global X Europe 50 Index Corporate Class ETF (HXX.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.
| EDGF.TO | HXX.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.33 | ||
| Sortino ratioReturn per unit of downside risk | -0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.20 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.76 | 1.54 | -0.78 |
| Martin ratioReturn relative to average drawdown | 2.15 | 4.92 | -2.77 |
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Drawdowns
EDGF.TO vs. HXX.TO - Drawdown Comparison
The maximum EDGF.TO drawdown since its inception was -38.93%, which is greater than HXX.TO's maximum drawdown of -33.23%. Use the drawdown chart below to compare losses from any high point for EDGF.TO and HXX.TO.
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Drawdown Indicators
| EDGF.TO | HXX.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.93% | -33.23% | -5.70% |
Max Drawdown (1Y)Largest decline over 1 year | -12.18% | -13.34% | +1.16% |
Max Drawdown (3Y)Largest decline over 3 years | -16.15% | -16.50% | +0.35% |
Max Drawdown (5Y)Largest decline over 5 years | -28.97% | -28.91% | -0.06% |
Current DrawdownCurrent decline from peak | -4.07% | -3.96% | -0.11% |
Average DrawdownAverage peak-to-trough decline | -7.13% | -5.33% | -1.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.26% | 4.16% | +0.10% |
Volatility
EDGF.TO vs. HXX.TO - Volatility Comparison
The current volatility for Brompton European Dividend Growth ETF (EDGF.TO) is 3.75%, while Global X Europe 50 Index Corporate Class ETF (HXX.TO) has a volatility of 3.97%. This indicates that EDGF.TO experiences smaller price fluctuations and is considered to be less risky than HXX.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EDGF.TO | HXX.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.75% | 3.97% | -0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 11.67% | 19.15% | -7.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.77% | 21.42% | -6.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.23% | 19.25% | -1.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.90% | 19.20% | +1.70% |
Dividends
EDGF.TO vs. HXX.TO - Dividend Comparison
EDGF.TO's dividend yield for the trailing twelve months is around 6.30%, while HXX.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
EDGF.TO Brompton European Dividend Growth ETF | 6.30% | 5.70% | 5.66% | 5.71% | 5.74% | 4.16% | 4.97% | 4.75% | 6.06% | 2.13% |
HXX.TO Global X Europe 50 Index Corporate Class ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EDGF.TO and HXX.TO have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: Brompton and Global X.
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