HBGD.TO vs. XEG.TO
HBGD.TO (Global X Big Data & Hardware Index ETF) and XEG.TO (iShares S&P/TSX Capped Energy Index ETF) are both exchange-traded funds - HBGD.TO is a Technology Equities fund tracking the Solactive Big Data & Hardware Index, while XEG.TO is a Energy Equities fund tracking the S&P/TSX Capped Energy Index. Both are passively managed. Over the past 5 years, HBGD.TO returned 24.16%/yr vs 32.16%/yr for XEG.TO. At a 0.14 correlation, their price movements are largely independent. HBGD.TO charges 0.64%/yr vs 0.60%/yr for XEG.TO.
Performance
HBGD.TO vs. XEG.TO - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with HBGD.TO having a 43.70% return and XEG.TO slightly higher at 44.98%.
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%
XEG.TO
- 1D
- -0.83%
- 1M
- 14.91%
- 6M
- 34.10%
- YTD
- 44.98%
- 1Y
- 62.68%
- 3Y*
- 25.57%
- 5Y*
- 32.16%
- 10Y*
- 11.93%
- ALL TIME*
- 4.59%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$189.22K | CA$324.68K | CA$347.34K | |
| CA$55.41M | CA$49.18M | CA$55.92M |
HBGD.TO vs. XEG.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
HBGD.TO Global X Big Data & Hardware Index ETF | 43.70% | 53.48% | 15.92% | 129.66% | -56.87% | 59.75% | 555.62% | 323.86% | 4,068.42% |
XEG.TO iShares S&P/TSX Capped Energy Index ETF | 44.98% | 16.72% | 14.04% | 3.55% | 53.25% | 83.71% | -34.44% | 9.04% | -29.55% |
Correlation
The correlation between HBGD.TO and XEG.TO is -0.06, 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 | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2018 | 0.14 |
The correlation between HBGD.TO and XEG.TO shifts across timeframes, from -0.06 (1 year) to 0.14 (all time), reflecting how their relationship changes across market environments.
HBGD.TO vs. XEG.TO - Sectors Allocation Comparison
Sectors
HBGD.TO
XEG.TO
Technology
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Financial Services
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Real Estate
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Communication Services
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Basic Materials
-
-
Consumer Cyclical
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Consumer Defensive
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-
Energy
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Healthcare
-
-
Industrials
-
-
Utilities
-
-
Technology
HBGD.TO
XEG.TO
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Financial Services
HBGD.TO
XEG.TO
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Real Estate
HBGD.TO
XEG.TO
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Communication Services
HBGD.TO
XEG.TO
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Basic Materials
HBGD.TO
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XEG.TO
-
Consumer Cyclical
HBGD.TO
-
XEG.TO
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Consumer Defensive
HBGD.TO
-
XEG.TO
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Energy
HBGD.TO
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XEG.TO
Healthcare
HBGD.TO
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XEG.TO
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Industrials
HBGD.TO
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XEG.TO
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Utilities
HBGD.TO
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XEG.TO
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Return for Risk
HBGD.TO vs. XEG.TO — Risk / Return Rank
HBGD.TO
XEG.TO
HBGD.TO vs. XEG.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 iShares S&P/TSX Capped Energy Index ETF (XEG.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.TO | XEG.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.71 | ||
| Sortino ratioReturn per unit of downside risk | -0.77 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.41 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.14 | 3.82 | -0.69 |
| Martin ratioReturn relative to average drawdown | 9.18 | 11.57 | -2.39 |
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Drawdowns
HBGD.TO vs. XEG.TO - Drawdown Comparison
The maximum HBGD.TO drawdown since its inception was -99.95%, which is greater than XEG.TO's maximum drawdown of -87.51%. Use the drawdown chart below to compare losses from any high point for HBGD.TO and XEG.TO.
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Drawdown Indicators
| HBGD.TO | XEG.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.95% | -87.51% | -12.44% |
Max Drawdown (1Y)Largest decline over 1 year | -27.30% | -16.47% | -10.83% |
Max Drawdown (3Y)Largest decline over 3 years | -38.68% | -25.67% | -13.01% |
Max Drawdown (5Y)Largest decline over 5 years | -63.43% | -28.42% | -35.01% |
Max Drawdown (10Y)Largest decline over 10 years | — | -79.66% | — |
Current DrawdownCurrent decline from peak | -71.01% | -3.58% | -67.43% |
Average DrawdownAverage peak-to-trough decline | -86.16% | -34.51% | -51.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.33% | 5.44% | +3.89% |
Volatility
HBGD.TO vs. XEG.TO - Volatility Comparison
Global X Big Data & Hardware Index ETF (HBGD.TO) has a higher volatility of 19.63% compared to iShares S&P/TSX Capped Energy Index ETF (XEG.TO) at 6.80%. This indicates that HBGD.TO's price experiences larger fluctuations and is considered to be riskier than XEG.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HBGD.TO | XEG.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.63% | 6.80% | +12.83% |
Volatility (6M)Calculated over the trailing 6-month period | 37.33% | 19.71% | +17.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.97% | 24.10% | +20.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.13% | 28.59% | +12.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 238,183.37% | 33.40% | +238,149.97% |
HBGD.TO vs. XEG.TO - Expense Ratio Comparison
HBGD.TO has a 0.64% expense ratio, which is higher than XEG.TO's 0.60% expense ratio.
Dividends
HBGD.TO vs. XEG.TO - Dividend Comparison
HBGD.TO's dividend yield for the trailing twelve months is around 0.27%, less than XEG.TO's 2.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% | 0.00% |
XEG.TO iShares S&P/TSX Capped Energy Index ETF | 2.54% | 3.63% | 3.46% | 4.26% | 3.31% | 1.64% | 2.96% | 2.70% | 2.25% | 1.41% | 1.40% | 3.58% |
Frequently Asked Questions
HBGD.TO and XEG.TO have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XEG.TO is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XEG.TO is cheaper with a 0.60% expense ratio, compared with 0.64% for HBGD.TO.
HBGD.TO is categorized as Technology Equities, while XEG.TO is Energy Equities. HBGD.TO tracks Solactive Big Data & Hardware Index, while XEG.TO tracks S&P/TSX Capped Energy Index. They also come from different issuers: Global X and iShares. Their fees differ too: 0.64% for HBGD.TO and 0.60% for XEG.TO.
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