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HBGD.TO vs. QMVP.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

HBGD.TO vs. QMVP.TO

Last updated Jul 25, 2026
Documentation

HBGD.TO (Global X Big Data & Hardware Index ETF) and QMVP.TO (Hamilton Champions U.S. Technology Index ETF) are both Technology Equities funds - HBGD.TO tracks the Solactive Big Data & Hardware Index while QMVP.TO tracks the Solactive Hamilton Champions U.S. Technology Index. Both are passively managed. A 0.77 correlation means they provide meaningful diversification when combined. HBGD.TO charges 0.64%/yr vs 0.19%/yr for QMVP.TO.

Performance

HBGD.TO vs. QMVP.TO - 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 Hamilton Champions U.S. Technology Index ETF (QMVP.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

HBGD.TO

1D
-3.80%
1M
-18.34%
6M
23.47%
YTD
43.70%
1Y
85.21%
3Y*
44.62%
5Y*
24.16%
10Y*
—
ALL TIME*
184.27%

QMVP.TO

1D
-0.57%
1M
-2.76%
6M
18.37%
YTD
—
1Y
—
3Y*
—
5Y*
—
10Y*
—
ALL TIME*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

HBGD.TO

Global X Big Data & Hardware Index ETF
CA$189.22KCA$324.68KCA$347.34K

QMVP.TO

Hamilton Champions U.S. Technology Index ETF
CA$695.20KCA$952.52KCA$852.29K

HBGD.TO vs. QMVP.TO - Yearly Performance Comparison

2026 (YTD)
HBGD.TO
Global X Big Data & Hardware Index ETF		25.21%
QMVP.TO
Hamilton Champions U.S. Technology Index ETF		20.07%

Correlation

The correlation between HBGD.TO and QMVP.TO is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

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

0.77

HBGD.TO vs. QMVP.TO - Sectors Allocation Comparison

Sectors
HBGD.TO
QMVP.TO

Technology

75.7%
71.0%

Financial Services

17.9%

-

Real Estate

3.2%

-

Communication Services

3.1%
15.3%

Basic Materials

-

-

Consumer Cyclical

-

13.7%

Consumer Defensive

-

-

Energy

-

-

Healthcare

-

-

Industrials

-

-

Utilities

-

-

Technology

HBGD.TO
75.7%
QMVP.TO
71.0%

Financial Services

HBGD.TO
17.9%
QMVP.TO

-

Real Estate

HBGD.TO
3.2%
QMVP.TO

-

Communication Services

HBGD.TO
3.1%
QMVP.TO
15.3%

Basic Materials

HBGD.TO

-

QMVP.TO

-

Consumer Cyclical

HBGD.TO

-

QMVP.TO
13.7%

Consumer Defensive

HBGD.TO

-

QMVP.TO

-

Energy

HBGD.TO

-

QMVP.TO

-

Healthcare

HBGD.TO

-

QMVP.TO

-

Industrials

HBGD.TO

-

QMVP.TO

-

Utilities

HBGD.TO

-

QMVP.TO

-

Compare stocks, funds, or ETFs

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Global X Big Data & Hardware Index ETF

Hamilton Champions U.S. Technology Index ETF

Often compared with HBGD.TO:
HBGD.TO vs. MTRX.TOHBGD.TO vs. CHPS-U.TOHBGD.TO vs. CHPS.TOHBGD.TO vs. SMHHBGD.TO vs. JPGL.LHBGD.TO vs. QYLDHBGD.TO vs. VMO.TO
Often compared with QMVP.TO:
QMVP.TO vs. QMAX.TOQMVP.TO vs. QQC.TOQMVP.TO vs. INAI.TOQMVP.TO vs. TECI.TOQMVP.TO vs. HYLD-U.TOQMVP.TO vs. MIX.TOQMVP.TO vs. CHPS-U.TO

Return for Risk

HBGD.TO vs. QMVP.TO — 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: 7777
Overall Rank
HBGD.TO Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
HBGD.TO Sortino Ratio Rank: 7373
Sortino Ratio Rank
HBGD.TO Omega Ratio Rank: 7272
Omega Ratio Rank
HBGD.TO Calmar Ratio Rank: 8282
Calmar Ratio Rank
HBGD.TO Martin Ratio Rank: 7373
Martin Ratio Rank
QMVP.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.

HBGD.TO vs. QMVP.TO - 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 Hamilton Champions U.S. Technology Index ETF (QMVP.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.

HBGD.TOQMVP.TODifference
Sharpe ratioReturn per unit of total volatility
1.90

—

—

Sortino ratioReturn per unit of downside risk
2.37

—

—

Omega ratioGain probability vs. loss probability

1.30

—

—

Calmar ratioReturn relative to maximum drawdown

3.14

—

—

Martin ratioReturn relative to average drawdown

9.18

—

—

HBGD.TO vs. QMVP.TO - Sharpe Ratio Comparison

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Drawdowns

HBGD.TO vs. QMVP.TO - Drawdown Comparison

The maximum HBGD.TO drawdown since its inception was -99.95%, which is greater than QMVP.TO's maximum drawdown of -12.77%. Use the drawdown chart below to compare losses from any high point for HBGD.TO and QMVP.TO.

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Drawdown Indicators

HBGD.TOQMVP.TODifference

Max Drawdown

Largest peak-to-trough decline

-99.95%

-12.77%

-87.18%

Max Drawdown (1Y)

Largest decline over 1 year

-27.30%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-38.68%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-63.43%

—

—

Current Drawdown

Current decline from peak

-71.01%

-7.48%

-63.53%

Average Drawdown

Average peak-to-trough decline

-86.16%

-3.71%

-82.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

9.33%

—

—

Volatility

HBGD.TO vs. QMVP.TO - Volatility Comparison

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Volatility by Period

HBGD.TOQMVP.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

19.63%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

37.33%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

44.97%

25.18%

+19.79%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

41.13%

25.18%

+15.95%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

238,183.37%

25.18%

+238,158.19%

HBGD.TO vs. QMVP.TO - Expense Ratio Comparison

HBGD.TO has a 0.64% expense ratio, which is higher than QMVP.TO's 0.19% expense ratio.

Dividends

HBGD.TO vs. QMVP.TO - Dividend Comparison

HBGD.TO's dividend yield for the trailing twelve months is around 0.27%, more than QMVP.TO's 0.26% yield.

PositionTTM20252024202320222021202020192018
HBGD.TO
Global X Big Data & Hardware Index ETF		0.27%0.39%0.53%0.64%1.22%1.65%0.96%13.70%18.41%
QMVP.TO
Hamilton Champions U.S. Technology Index ETF		0.26%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

HBGD.TO and QMVP.TO have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, QMVP.TO is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

QMVP.TO is cheaper with a 0.19% expense ratio, compared with 0.64% for HBGD.TO.

HBGD.TO tracks Solactive Big Data & Hardware Index, while QMVP.TO tracks Solactive Hamilton Champions U.S. Technology Index. They also come from different issuers: Global X and Hamilton. Their fees differ too: 0.64% for HBGD.TO and 0.19% for QMVP.TO.

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