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FST.TO vs. CFOU.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FST.TO vs. CFOU.TO

Last updated Jun 5, 2026

FST.TO (First Trust Canadian Capital Strength ETF) and CFOU.TO (BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF) are both exchange-traded funds - FST.TO is a Canada Equities fund actively managed by First Trust, while CFOU.TO is a Leveraged Equities fund tracking the S&P/TSX Capped Financials Index. FST.TO is actively managed, while CFOU.TO is passively managed. Over the past 5 years, FST.TO returned 16.99%/yr vs 29.38%/yr for CFOU.TO. At a 0.49 correlation, their price movements are largely independent. FST.TO charges 0.65%/yr vs 1.52%/yr for CFOU.TO.

Performance

FST.TO vs. CFOU.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in First Trust Canadian Capital Strength ETF (FST.TO) and BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF (CFOU.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FST.TO achieves a 9.83% return, which is significantly lower than CFOU.TO's 27.75% return.

FST.TO

1D
0.93%
1M
2.44%
YTD
9.83%
6M
10.32%
1Y
31.56%
3Y*
24.13%
5Y*
16.99%
10Y*
—

CFOU.TO

1D
3.68%
1M
12.30%
YTD
27.75%
6M
35.24%
1Y
96.97%
3Y*
59.80%
5Y*
29.38%
10Y*
23.35%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FST.TO vs. CFOU.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
FST.TO
First Trust Canadian Capital Strength ETF		9.83%29.77%26.23%12.01%2.26%19.40%2.56%16.10%-8.07%15.56%
CFOU.TO
BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF		27.75%69.17%56.15%18.37%-23.64%79.61%-14.70%40.45%-21.67%22.44%

Correlation

The correlation between FST.TO and CFOU.TO is 0.63, 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

0.63

Correlation (3Y)
Calculated over the trailing 3-year period

0.62

Correlation (5Y)
Calculated over the trailing 5-year period

0.53

Correlation (All Time)
Calculated using the full available price history since Dec 9, 2016

0.49

The correlation between FST.TO and CFOU.TO shifts across timeframes, from 0.49 (all time) to 0.63 (1 year), reflecting how their relationship changes across market environments.

FST.TO vs. CFOU.TO - Sectors Allocation Comparison

Sectors
FST.TO
CFOU.TO

Financial Services

20.2%
100.0%

Industrials

18.9%

-

Consumer Cyclical

17.1%

-

Energy

15.3%

-

Basic Materials

12.4%

-

Technology

12.0%

-

Consumer Defensive

3.9%

-

Communication Services

-

-

Healthcare

-

-

Real Estate

-

-

Utilities

-

-

Financial Services

FST.TO
20.2%
CFOU.TO
100.0%

Industrials

FST.TO
18.9%
CFOU.TO

-

Consumer Cyclical

FST.TO
17.1%
CFOU.TO

-

Energy

FST.TO
15.3%
CFOU.TO

-

Basic Materials

FST.TO
12.4%
CFOU.TO

-

Technology

FST.TO
12.0%
CFOU.TO

-

Consumer Defensive

FST.TO
3.9%
CFOU.TO

-

Communication Services

FST.TO

-

CFOU.TO

-

Healthcare

FST.TO

-

CFOU.TO

-

Real Estate

FST.TO

-

CFOU.TO

-

Utilities

FST.TO

-

CFOU.TO

-

Compare stocks, funds, or ETFs

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First Trust Canadian Capital Strength ETF

BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF

Often compared with FST.TO:
FST.TO vs. BLCK.TOFST.TO vs. DMEC.TOFST.TO vs. CLSA.TOFST.TO vs. HCA.TOFST.TO vs. HXH.TOFST.TO vs. QCN.TOFST.TO vs. TCLV.TO
Often compared with CFOU.TO:
CFOU.TO vs. METE.TOCFOU.TO vs. TCND.TOCFOU.TO vs. CACE.TOCFOU.TO vs. HBNK.TOCFOU.TO vs. RBNK.TOCFOU.TO vs. XCSR.TOCFOU.TO vs. ZEB.TO

Return for Risk

FST.TO vs. CFOU.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FST.TO
FST.TO Risk / Return Rank: 8484
Overall Rank
FST.TO Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
FST.TO Sortino Ratio Rank: 8383
Sortino Ratio Rank
FST.TO Omega Ratio Rank: 8181
Omega Ratio Rank
FST.TO Calmar Ratio Rank: 8585
Calmar Ratio Rank
FST.TO Martin Ratio Rank: 9090
Martin Ratio Rank
CFOU.TO
CFOU.TO Risk / Return Rank: 9393
Overall Rank
CFOU.TO Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
CFOU.TO Sortino Ratio Rank: 9494
Sortino Ratio Rank
CFOU.TO Omega Ratio Rank: 9292
Omega Ratio Rank
CFOU.TO Calmar Ratio Rank: 9292
Calmar Ratio Rank
CFOU.TO Martin Ratio Rank: 9393
Martin Ratio Rank
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.

FST.TO vs. CFOU.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Canadian Capital Strength ETF (FST.TO) and BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF (CFOU.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.

FST.TOCFOU.TODifference
Sharpe ratioReturn per unit of total volatility
2.56
3.91

-1.36

Sortino ratioReturn per unit of downside risk
3.64
4.68

-1.04

Omega ratioGain probability vs. loss probability

1.47

1.61

-0.14

Calmar ratioReturn relative to maximum drawdown

4.53

6.06

-1.54

Martin ratioReturn relative to average drawdown

20.71

24.79

-4.08

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FST.TO vs. CFOU.TO - Sharpe Ratio Comparison

The current FST.TO Sharpe Ratio is 2.56, which is lower than the CFOU.TO Sharpe Ratio of 3.91. The chart below compares the historical Sharpe Ratios of FST.TO and CFOU.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.

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Sharpe Ratios by Period

FST.TOCFOU.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.56

3.91

-1.36

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.22

1.07

+0.15

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.69

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.84

0.34

+0.50

Drawdowns

FST.TO vs. CFOU.TO - Drawdown Comparison

The maximum FST.TO drawdown since its inception was -38.15%, smaller than the maximum CFOU.TO drawdown of -86.23%. Use the drawdown chart below to compare losses from any high point for FST.TO and CFOU.TO.

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Drawdown Indicators

FST.TOCFOU.TODifference

Max Drawdown

Largest peak-to-trough decline

-38.15%

-86.23%

+48.08%

Max Drawdown (1Y)

Largest decline over 1 year

-7.01%

-16.08%

+9.07%

Max Drawdown (3Y)

Largest decline over 3 years

-12.33%

-24.95%

+12.62%

Max Drawdown (5Y)

Largest decline over 5 years

-14.73%

-45.23%

+30.50%

Max Drawdown (10Y)

Largest decline over 10 years

—

-67.29%

—

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-3.27%

-22.46%

+19.19%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.53%

3.93%

-2.40%

Volatility

FST.TO vs. CFOU.TO - Volatility Comparison

The current volatility for First Trust Canadian Capital Strength ETF (FST.TO) is 2.73%, while BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF (CFOU.TO) has a volatility of 8.75%. This indicates that FST.TO experiences smaller price fluctuations and is considered to be less risky than CFOU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FST.TOCFOU.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

2.73%

8.75%

-6.02%

Volatility (6M)

Calculated over the trailing 6-month period

9.79%

21.17%

-11.38%

Volatility (1Y)

Calculated over the trailing 1-year period

12.41%

24.93%

-12.52%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.05%

27.61%

-13.56%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.32%

33.86%

-18.54%

FST.TO vs. CFOU.TO - Expense Ratio Comparison

FST.TO has a 0.65% expense ratio, which is lower than CFOU.TO's 1.52% expense ratio.

Dividends

FST.TO vs. CFOU.TO - Dividend Comparison

FST.TO's dividend yield for the trailing twelve months is around 0.92%, while CFOU.TO has not paid dividends to shareholders.

PositionTTM202520242023202220212020201920182017
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%
FST.TO
First Trust Canadian Capital Strength ETF		0.92%1.01%1.16%1.63%2.03%1.87%1.85%1.91%1.37%1.30%

Frequently Asked Questions

FST.TO and CFOU.TO have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, FST.TO is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

FST.TO is cheaper with a 0.65% expense ratio, compared with 1.52% for CFOU.TO.

FST.TO is categorized as Canada Equities, while CFOU.TO is Leveraged Equities. They also come from different issuers: First Trust and Global X. Their fees differ too: 0.65% for FST.TO and 1.52% for CFOU.TO.

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