GDXU.TO vs. HPYE.TO

Last updated Jul 1, 2026

GDXU.TO (BetaPro Canadian Gold Miners 2x Daily Bull ETF) and HPYE.TO (Harvest Premium Yield Enhanced ETF) are both exchange-traded funds - GDXU.TO is a Leveraged Equities fund actively managed by Global X, while HPYE.TO is a Derivative Income fund actively managed by Harvest Portfolios Group. Both are actively managed. At a 0.33 correlation, their price movements are largely independent.

Performance

GDXU.TO vs. HPYE.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 Harvest Premium Yield Enhanced ETF (HPYE.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

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%

HPYE.TO

• 1D: 0.32%
• 1M: 3.43%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

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

	2026 (YTD)
GDXU.TO BetaPro Canadian Gold Miners 2x Daily Bull ETF	-49.48%
HPYE.TO Harvest Premium Yield Enhanced ETF	12.84%

Correlation

The correlation between GDXU.TO and HPYE.TO is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 21, 2026	0.33

Return for Risk

GDXU.TO vs. HPYE.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: 36
GDXU.TO Sharpe Ratio Rank: 35
GDXU.TO Sortino Ratio Rank: 36
GDXU.TO Omega Ratio Rank: 41
GDXU.TO Calmar Ratio Rank: 38
GDXU.TO Martin Ratio Rank: 30

HPYE.TO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. HPYE.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 Harvest Premium Yield Enhanced ETF (HPYE.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.TO	HPYE.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.11	—	—
Sortino ratio: Return per unit of downside risk	1.70	—	—
Omega ratio: Gain probability vs. loss probability	1.24	—	—
Calmar ratio: Return relative to maximum drawdown	1.68	—	—
Martin ratio: Return relative to average drawdown	3.88	—	—

Drawdowns

GDXU.TO vs. HPYE.TO - Drawdown Comparison

The maximum GDXU.TO drawdown since its inception was -98.01%, which is greater than HPYE.TO's maximum drawdown of -5.51%. Use the drawdown chart below to compare losses from any high point for GDXU.TO and HPYE.TO.

Drawdown Indicators

	GDXU.TO	HPYE.TO	Difference
Max Drawdown Largest peak-to-trough decline	-98.01%	-5.51%	-92.50%
Max Drawdown (1Y) Largest decline over 1 year	-60.60%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-60.60%	—	—
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%	-0.16%	-58.11%
Average Drawdown Average peak-to-trough decline	-78.33%	-1.26%	-77.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.19%	—	—

Volatility

Volatility by Period

	GDXU.TO	HPYE.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	32.90%	—	—
Volatility (6M) Calculated over the trailing 6-month period	76.15%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	91.66%	12.50%	+79.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.25%	12.50%	+55.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	67.32%	12.50%	+54.82%

Dividends

GDXU.TO vs. HPYE.TO - Dividend Comparison

GDXU.TO has not paid dividends to shareholders, while HPYE.TO's dividend yield for the trailing twelve months is around 6.13%.

Position	TTM
GDXU.TO BetaPro Canadian Gold Miners 2x Daily Bull ETF	0.00%
HPYE.TO Harvest Premium Yield Enhanced ETF	6.13%

Frequently Asked Questions

Can I hold both GDXU.TO and HPYE.TO in my portfolio?

GDXU.TO and HPYE.TO have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between GDXU.TO and HPYE.TO?

GDXU.TO is categorized as Leveraged Equities, while HPYE.TO is Derivative Income. They also come from different issuers: Global X and Harvest Portfolios Group.