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HBGD.TO vs. BATG.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

HBGD.TO vs. BATG.L

Last updated Jun 4, 2026

HBGD.TO (Global X Big Data & Hardware Index ETF) and BATG.L (L&G Battery Value-Chain UCITS ETF) are both exchange-traded funds - HBGD.TO is a Global Equities fund managed by Global X, while BATG.L is a Alternative Energy Equities fund tracking the Solactive Battery Value-Chain Index. Over the past 5 years, HBGD.TO returned 61.94%/yr vs 20.05%/yr for BATG.L. At a 0.38 correlation, their price movements are largely independent. HBGD.TO charges 0.64%/yr vs 0.49%/yr for BATG.L.

Performance

HBGD.TO vs. BATG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Big Data & Hardware Index ETF (HBGD.TO) and L&G Battery Value-Chain UCITS ETF (BATG.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

HBGD.TO is traded in CAD, while BATG.L is traded in GBp. To make them comparable, the BATG.L values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, HBGD.TO achieves a 82.51% return, which is significantly higher than BATG.L's 39.06% return.

HBGD.TO

1D
-1.98%
1M
29.31%
YTD
82.51%
6M
82.99%
1Y
184.36%
3Y*
67.20%
5Y*
61.94%
10Y*
—

BATG.L

1D
-1.21%
1M
3.96%
YTD
39.06%
6M
44.52%
1Y
137.06%
3Y*
30.78%
5Y*
20.05%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

HBGD.TO vs. BATG.L - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
HBGD.TO
Global X Big Data & Hardware Index ETF		82.51%53.48%15.92%129.66%-56.87%375.98%117.21%41.31%-100.00%
BATG.L
L&G Battery Value-Chain UCITS ETF		39.06%64.61%7.29%5.87%-8.07%14.89%77.69%11.71%-11.45%

Correlation

The correlation between HBGD.TO and BATG.L is 0.58, 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

0.58

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

0.47

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

0.42

Correlation (All Time)
Calculated using the full available price history since Jun 22, 2018

0.38

The correlation between HBGD.TO and BATG.L shifts across timeframes, from 0.38 (all time) to 0.58 (1 year), reflecting how their relationship changes across market environments.

HBGD.TO vs. BATG.L - Sectors Allocation Comparison

Sectors
HBGD.TO
BATG.L

Technology

68.7%
17.6%

Financial Services

24.9%

-

Real Estate

4.4%

-

Communication Services

2.0%

-

Basic Materials

-

24.4%

Consumer Cyclical

-

20.1%

Consumer Defensive

-

-

Energy

-

-

Healthcare

-

-

Industrials

-

31.2%

Utilities

-

6.7%

Technology

HBGD.TO
68.7%
BATG.L
17.6%

Financial Services

HBGD.TO
24.9%
BATG.L

-

Real Estate

HBGD.TO
4.4%
BATG.L

-

Communication Services

HBGD.TO
2.0%
BATG.L

-

Basic Materials

HBGD.TO

-

BATG.L
24.4%

Consumer Cyclical

HBGD.TO

-

BATG.L
20.1%

Consumer Defensive

HBGD.TO

-

BATG.L

-

Energy

HBGD.TO

-

BATG.L

-

Healthcare

HBGD.TO

-

BATG.L

-

Industrials

HBGD.TO

-

BATG.L
31.2%

Utilities

HBGD.TO

-

BATG.L
6.7%

Compare stocks, funds, or ETFs

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Global X Big Data & Hardware Index ETF

L&G Battery Value-Chain UCITS ETF

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Often compared with BATG.L:
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Return for Risk

HBGD.TO vs. BATG.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HBGD.TO
HBGD.TO Risk / Return Rank: 9494
Overall Rank
HBGD.TO Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
HBGD.TO Sortino Ratio Rank: 9494
Sortino Ratio Rank
HBGD.TO Omega Ratio Rank: 9292
Omega Ratio Rank
HBGD.TO Calmar Ratio Rank: 9595
Calmar Ratio Rank
HBGD.TO Martin Ratio Rank: 9393
Martin Ratio Rank
BATG.L
BATG.L Risk / Return Rank: 9696
Overall Rank
BATG.L Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
BATG.L Sortino Ratio Rank: 9595
Sortino Ratio Rank
BATG.L Omega Ratio Rank: 9494
Omega Ratio Rank
BATG.L Calmar Ratio Rank: 9696
Calmar Ratio Rank
BATG.L Martin Ratio Rank: 9696
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.

HBGD.TO vs. BATG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Big Data & Hardware Index ETF (HBGD.TO) and L&G Battery Value-Chain UCITS ETF (BATG.L). 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.

HBGD.TOBATG.LDifference
Sharpe ratioReturn per unit of total volatility
4.84
4.78

+0.06

Sortino ratioReturn per unit of downside risk
4.92
5.03

-0.11

Omega ratioGain probability vs. loss probability

1.62

1.69

-0.07

Calmar ratioReturn relative to maximum drawdown

8.40

9.66

-1.26

Martin ratioReturn relative to average drawdown

25.05

31.63

-6.58

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

HBGD.TO vs. BATG.L - Sharpe Ratio Comparison

The current HBGD.TO Sharpe Ratio is 4.84, which is comparable to the BATG.L Sharpe Ratio of 4.78. The chart below compares the historical Sharpe Ratios of HBGD.TO and BATG.L, 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

HBGD.TOBATG.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

4.84

4.78

+0.06

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.65

0.88

-0.23

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.74

0.87

-1.61

Drawdowns

HBGD.TO vs. BATG.L - Drawdown Comparison

The maximum HBGD.TO drawdown since its inception was -100.00%, which is greater than BATG.L's maximum drawdown of -31.82%. Use the drawdown chart below to compare losses from any high point for HBGD.TO and BATG.L.

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Drawdown Indicators

HBGD.TOBATG.LDifference

Max Drawdown

Largest peak-to-trough decline

-100.00%

-31.82%

-68.18%

Max Drawdown (1Y)

Largest decline over 1 year

-22.09%

-14.11%

-7.98%

Max Drawdown (3Y)

Largest decline over 3 years

-38.68%

-29.26%

-9.42%

Max Drawdown (5Y)

Largest decline over 5 years

-63.43%

-29.26%

-34.17%

Current Drawdown

Current decline from peak

-99.97%

-1.53%

-98.44%

Average Drawdown

Average peak-to-trough decline

-99.99%

-9.12%

-90.87%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.39%

4.32%

+3.07%

Volatility

HBGD.TO vs. BATG.L - Volatility Comparison

Global X Big Data & Hardware Index ETF (HBGD.TO) has a higher volatility of 13.31% compared to L&G Battery Value-Chain UCITS ETF (BATG.L) at 10.56%. This indicates that HBGD.TO's price experiences larger fluctuations and is considered to be riskier than BATG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

HBGD.TOBATG.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

13.31%

10.56%

+2.75%

Volatility (6M)

Calculated over the trailing 6-month period

28.67%

22.54%

+6.13%

Volatility (1Y)

Calculated over the trailing 1-year period

38.34%

28.52%

+9.82%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

96.54%

22.91%

+73.63%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

87.39%

22.65%

+64.74%

HBGD.TO vs. BATG.L - Expense Ratio Comparison

HBGD.TO has a 0.64% expense ratio, which is higher than BATG.L's 0.49% expense ratio.

Dividends

HBGD.TO vs. BATG.L - Dividend Comparison

HBGD.TO's dividend yield for the trailing twelve months is around 0.21%, while BATG.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018
BATG.L
L&G Battery Value-Chain UCITS ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
HBGD.TO
Global X Big Data & Hardware Index ETF		0.21%0.39%0.53%0.64%1.22%0.83%0.32%1.52%0.68%

Frequently Asked Questions

HBGD.TO and BATG.L have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, BATG.L is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

BATG.L is cheaper with a 0.49% expense ratio, compared with 0.64% for HBGD.TO.

HBGD.TO is categorized as Global Equities, while BATG.L is Alternative Energy Equities. They also come from different issuers: Global X and Legal & General Investment Management. Their fees differ too: 0.64% for HBGD.TO and 0.49% for BATG.L.

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