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GLDU.TO vs. HBNK.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

GLDU.TO vs. HBNK.TO

Last updated Apr 1, 2026

Compare and contrast key facts about BetaPro Gold Bullion 2x Daily Bull ETF (GLDU.TO) and Global X Equal Weight Banks Index ETF (HBNK.TO).

GLDU.TO and HBNK.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GLDU.TO is a passively managed fund by Global X that tracks the performance of the Solactive Gold Front Month MD Rolling Futures Index. It was launched on Jan 22, 2008. HBNK.TO is a passively managed fund by Global X that tracks the performance of the Solactive Equal Weight Canada Banks Index. It was launched on Jul 5, 2023. Both GLDU.TO and HBNK.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

GLDU.TO vs. HBNK.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in BetaPro Gold Bullion 2x Daily Bull ETF (GLDU.TO) and Global X Equal Weight Banks Index ETF (HBNK.TO). The values are adjusted to include any dividend payments, if applicable.

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GLDU.TO vs. HBNK.TO - Yearly Performance Comparison

2026 (YTD)202520242023
GLDU.TO
BetaPro Gold Bullion 2x Daily Bull ETF		9.50%128.66%42.19%7.29%
HBNK.TO
Global X Equal Weight Banks Index ETF		1.67%43.71%24.77%8.99%

Returns By Period

In the year-to-date period, GLDU.TO achieves a 9.50% return, which is significantly higher than HBNK.TO's 1.67% return.

GLDU.TO

1D
7.51%
1M
-22.65%
YTD
9.50%
6M
30.74%
1Y
82.43%
3Y*
52.61%
5Y*
31.17%
10Y*
17.13%

HBNK.TO

1D
2.25%
1M
-4.06%
YTD
1.67%
6M
14.60%
1Y
52.09%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

BetaPro Gold Bullion 2x Daily Bull ETF

Global X Equal Weight Banks Index ETF

Often compared with GLDU.TO:
GLDU.TO vs. AGQGLDU.TO vs. KIN2.DEGLDU.TO vs. CPXRGLDU.TO vs. HXT.TOGLDU.TO vs. QQCC.TOGLDU.TO vs. USCL.TOGLDU.TO vs. CHPS.TO
Often compared with HBNK.TO:
HBNK.TO vs. ZEB.TOHBNK.TO vs. HCAL.TOHBNK.TO vs. XEQT.TOHBNK.TO vs. EBNK.TOHBNK.TO vs. HMAX.TOHBNK.TO vs. FIE.TOHBNK.TO vs. ENB.TO

GLDU.TO vs. HBNK.TO - Expense Ratio Comparison

GLDU.TO has a 1.15% expense ratio, which is higher than HBNK.TO's 0.09% expense ratio.

GLDU.TO
BetaPro Gold Bullion 2x Daily Bull ETF
HBNK.TO
Global X Equal Weight Banks Index ETF

Return for Risk

GLDU.TO vs. HBNK.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GLDU.TO
GLDU.TO Risk / Return Rank: 7676
Overall Rank
GLDU.TO Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
GLDU.TO Sortino Ratio Rank: 7474
Sortino Ratio Rank
GLDU.TO Omega Ratio Rank: 7373
Omega Ratio Rank
GLDU.TO Calmar Ratio Rank: 8181
Calmar Ratio Rank
GLDU.TO Martin Ratio Rank: 7373
Martin Ratio Rank
HBNK.TO
HBNK.TO Risk / Return Rank: 9898
Overall Rank
HBNK.TO Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
HBNK.TO Sortino Ratio Rank: 9898
Sortino Ratio Rank
HBNK.TO Omega Ratio Rank: 9898
Omega Ratio Rank
HBNK.TO Calmar Ratio Rank: 9898
Calmar Ratio Rank
HBNK.TO Martin Ratio Rank: 9898
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.

GLDU.TO vs. HBNK.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BetaPro Gold Bullion 2x Daily Bull ETF (GLDU.TO) and Global X Equal Weight Banks Index ETF (HBNK.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.

GLDU.TOHBNK.TODifference

Sharpe ratio

Return per unit of total volatility

1.50

3.89

-2.38

Sortino ratio

Return per unit of downside risk

1.91

4.95

-3.03

Omega ratio

Gain probability vs. loss probability

1.28

1.76

-0.48

Calmar ratio

Return relative to maximum drawdown

2.29

6.21

-3.92

Martin ratio

Return relative to average drawdown

7.72

24.46

-16.74

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

GLDU.TO vs. HBNK.TO - Sharpe Ratio Comparison

The current GLDU.TO Sharpe Ratio is 1.50, which is lower than the HBNK.TO Sharpe Ratio of 3.89. The chart below compares the historical Sharpe Ratios of GLDU.TO and HBNK.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

GLDU.TOHBNK.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.50

3.89

-2.38

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.88

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.53

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.23

2.31

-2.09

Correlation

The correlation between GLDU.TO and HBNK.TO is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

GLDU.TO vs. HBNK.TO - Dividend Comparison

GLDU.TO has not paid dividends to shareholders, while HBNK.TO's dividend yield for the trailing twelve months is around 2.97%.

TTM202520242023
GLDU.TO
BetaPro Gold Bullion 2x Daily Bull ETF		0.00%0.00%0.00%0.00%
HBNK.TO
Global X Equal Weight Banks Index ETF		2.97%3.24%4.15%2.45%

Drawdowns

GLDU.TO vs. HBNK.TO - Drawdown Comparison

The maximum GLDU.TO drawdown since its inception was -77.99%, which is greater than HBNK.TO's maximum drawdown of -14.78%. Use the drawdown chart below to compare losses from any high point for GLDU.TO and HBNK.TO.

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Drawdown Indicators

GLDU.TOHBNK.TODifference

Max Drawdown

Largest peak-to-trough decline

-77.99%

-14.78%

-63.21%

Max Drawdown (1Y)

Largest decline over 1 year

-38.13%

-8.48%

-29.65%

Max Drawdown (5Y)

Largest decline over 5 years

-41.18%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-49.01%

—

—

Current Drawdown

Current decline from peak

-28.76%

-6.03%

-22.73%

Average Drawdown

Average peak-to-trough decline

-49.03%

-2.41%

-46.62%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.33%

2.15%

+9.18%

Volatility

GLDU.TO vs. HBNK.TO - Volatility Comparison

BetaPro Gold Bullion 2x Daily Bull ETF (GLDU.TO) has a higher volatility of 21.95% compared to Global X Equal Weight Banks Index ETF (HBNK.TO) at 5.70%. This indicates that GLDU.TO's price experiences larger fluctuations and is considered to be riskier than HBNK.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

GLDU.TOHBNK.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

21.95%

5.70%

+16.25%

Volatility (6M)

Calculated over the trailing 6-month period

48.49%

9.90%

+38.59%

Volatility (1Y)

Calculated over the trailing 1-year period

55.12%

13.46%

+41.66%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

35.85%

12.43%

+23.42%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

32.39%

12.43%

+19.96%