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GDXU.TO vs. CASH.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

GDXU.TO vs. CASH.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in BetaPro Canadian Gold Miners 2x Daily Bull ETF (GDXU.TO) and Global X High Interest Savings ETF (CASH.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, GDXU.TO achieves a -28.76% return, which is significantly lower than CASH.TO's 1.00% return.


GDXU.TO

1D
-0.19%
1M
-28.04%
YTD
-28.76%
6M
-30.23%
1Y
101.37%
3Y*
82.36%
5Y*
35.57%
10Y*
11.19%

CASH.TO

1D
0.02%
1M
0.17%
YTD
1.00%
6M
1.01%
1Y
2.18%
3Y*
3.53%
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

GDXU.TO vs. CASH.TO - Yearly Performance Comparison


2026 (YTD)20252024202320222021
GDXU.TO
BetaPro Canadian Gold Miners 2x Daily Bull ETF
-28.76%432.04%49.04%1.08%-13.97%7.40%
CASH.TO
Global X High Interest Savings ETF
1.00%2.45%4.53%5.11%2.38%0.08%

Correlation

The correlation between GDXU.TO and CASH.TO is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.04

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

-0.02

Correlation (All Time)
Calculated using the full available price history since Nov 3, 2021

-0.01

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Return for Risk

GDXU.TO vs. CASH.TO — Risk / Return Rank

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

GDXU.TO
GDXU.TO Risk / Return Rank: 3636
Overall Rank
GDXU.TO Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
GDXU.TO Sortino Ratio Rank: 3636
Sortino Ratio Rank
GDXU.TO Omega Ratio Rank: 4141
Omega Ratio Rank
GDXU.TO Calmar Ratio Rank: 3838
Calmar Ratio Rank
GDXU.TO Martin Ratio Rank: 3030
Martin Ratio Rank

CASH.TO
CASH.TO Risk / Return Rank: 9999
Overall Rank
CASH.TO Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
CASH.TO Sortino Ratio Rank: 9999
Sortino Ratio Rank
CASH.TO Omega Ratio Rank: 9999
Omega Ratio Rank
CASH.TO Calmar Ratio Rank: 100100
Calmar Ratio Rank
CASH.TO Martin Ratio Rank: 100100
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.

GDXU.TO vs. CASH.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BetaPro Canadian Gold Miners 2x Daily Bull ETF (GDXU.TO) and Global X High Interest Savings ETF (CASH.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.


GDXU.TOCASH.TODifference
Sharpe ratioReturn per unit of total volatility

-8.21

Sortino ratioReturn per unit of downside risk

-22.99

Omega ratioGain probability vs. loss probability

1.24

6.54

-5.31

Calmar ratioReturn relative to maximum drawdown

1.68

109.63

-107.95

Martin ratioReturn relative to average drawdown

3.88

368.50

-364.61

GDXU.TO vs. CASH.TO - Sharpe Ratio Comparison

The current GDXU.TO Sharpe Ratio is 1.11, which is lower than the CASH.TO Sharpe Ratio of 9.33. The chart below compares the historical Sharpe Ratios of GDXU.TO and CASH.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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Drawdowns

GDXU.TO vs. CASH.TO - Drawdown Comparison

The maximum GDXU.TO drawdown since its inception was -98.01%, which is greater than CASH.TO's maximum drawdown of -0.80%. Use the drawdown chart below to compare losses from any high point for GDXU.TO and CASH.TO.


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Drawdown Indicators


GDXU.TOCASH.TODifference

Max Drawdown

Largest peak-to-trough decline

-98.01%

-0.80%

-97.21%

Max Drawdown (1Y)

Largest decline over 1 year

-60.60%

-0.02%

-60.58%

Max Drawdown (3Y)

Largest decline over 3 years

-60.60%

-0.06%

-60.54%

Max Drawdown (5Y)

Largest decline over 5 years

-62.92%

Max Drawdown (10Y)

Largest decline over 10 years

-79.29%

Current Drawdown

Current decline from peak

-58.27%

-0.00%

-58.27%

Average Drawdown

Average peak-to-trough decline

-78.33%

-0.00%

-78.33%

Ulcer Index

Depth and duration of drawdowns from previous peaks

26.19%

0.01%

+26.18%

Volatility

GDXU.TO vs. CASH.TO - Volatility Comparison

BetaPro Canadian Gold Miners 2x Daily Bull ETF (GDXU.TO) has a higher volatility of 32.90% compared to Global X High Interest Savings ETF (CASH.TO) at 0.06%. This indicates that GDXU.TO's price experiences larger fluctuations and is considered to be riskier than CASH.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


GDXU.TOCASH.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

32.90%

0.06%

+32.84%

Volatility (6M)

Calculated over the trailing 6-month period

76.15%

0.15%

+76.00%

Volatility (1Y)

Calculated over the trailing 1-year period

91.66%

0.24%

+91.42%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

68.25%

0.61%

+67.64%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

67.32%

0.61%

+66.71%

Dividends

GDXU.TO vs. CASH.TO - Dividend Comparison

GDXU.TO has not paid dividends to shareholders, while CASH.TO's dividend yield for the trailing twelve months is around 2.12%.


PositionTTM20252024202320222021
CASH.TO
Global X High Interest Savings ETF
2.12%2.53%4.37%5.05%2.30%0.10%
GDXU.TO
BetaPro Canadian Gold Miners 2x Daily Bull ETF
0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions


GDXU.TO and CASH.TO have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

GDXU.TO is categorized as Leveraged Equities, while CASH.TO is Money Market.

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