PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
HIU.TO vs. VSP.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

HIU.TO vs. VSP.TO

Last updated Apr 1, 2026

Compare and contrast key facts about BetaPro S&P 500 Daily Inverse ETF (HIU.TO) and Vanguard S&P 500 CAD-hedged ETF (VSP.TO).

HIU.TO and VSP.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HIU.TO is a passively managed fund by Global X that tracks the performance of the S&P 500 Index. It was launched on Feb 3, 2010. VSP.TO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Nov 2, 2012. Both HIU.TO and VSP.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

HIU.TO vs. VSP.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in BetaPro S&P 500 Daily Inverse ETF (HIU.TO) and Vanguard S&P 500 CAD-hedged ETF (VSP.TO). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

HIU.TO vs. VSP.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
HIU.TO
BetaPro S&P 500 Daily Inverse ETF		8.11%-13.79%-14.77%-15.60%19.13%-24.53%-24.80%-23.55%4.26%-18.72%
VSP.TO
Vanguard S&P 500 CAD-hedged ETF		-4.82%15.49%23.68%24.16%-19.24%27.90%15.32%30.18%-6.75%21.05%

Returns By Period

In the year-to-date period, HIU.TO achieves a 8.11% return, which is significantly higher than VSP.TO's -4.82% return. Over the past 10 years, HIU.TO has underperformed VSP.TO with an annualized return of -12.48%, while VSP.TO has yielded a comparatively higher 12.44% annualized return.

HIU.TO

1D
0.39%
1M
8.33%
YTD
8.11%
6M
5.99%
1Y
-11.39%
3Y*
-10.68%
5Y*
-8.37%
10Y*
-12.48%

VSP.TO

1D
3.15%
1M
-5.06%
YTD
-4.82%
6M
-2.72%
1Y
15.55%
3Y*
16.44%
5Y*
10.21%
10Y*
12.44%
*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 S&P 500 Daily Inverse ETF

Vanguard S&P 500 CAD-hedged ETF

Often compared with HIU.TO:
HIU.TO vs. HDIV.TOHIU.TO vs. EQLI.TOHIU.TO vs. ESG.TOHIU.TO vs. XSP.TOHIU.TO vs. ZSP.TOHIU.TO vs. VFV.TOHIU.TO vs. HXS.TO
Often compared with VSP.TO:
VSP.TO vs. VFV.TOVSP.TO vs. XSP.TOVSP.TO vs. ZSP.TOVSP.TO vs. VOOVSP.TO vs. SPYVSP.TO vs. VTIVSP.TO vs. QQQ

HIU.TO vs. VSP.TO - Expense Ratio Comparison

HIU.TO has a 1.75% expense ratio, which is higher than VSP.TO's 0.09% expense ratio.

HIU.TO
BetaPro S&P 500 Daily Inverse ETF
VSP.TO
Vanguard S&P 500 CAD-hedged ETF

Return for Risk

HIU.TO vs. VSP.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HIU.TO
HIU.TO Risk / Return Rank: 44
Overall Rank
HIU.TO Sharpe Ratio Rank: 22
Sharpe Ratio Rank
HIU.TO Sortino Ratio Rank: 22
Sortino Ratio Rank
HIU.TO Omega Ratio Rank: 22
Omega Ratio Rank
HIU.TO Calmar Ratio Rank: 66
Calmar Ratio Rank
HIU.TO Martin Ratio Rank: 88
Martin Ratio Rank
VSP.TO
VSP.TO Risk / Return Rank: 5757
Overall Rank
VSP.TO Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
VSP.TO Sortino Ratio Rank: 5454
Sortino Ratio Rank
VSP.TO Omega Ratio Rank: 5858
Omega Ratio Rank
VSP.TO Calmar Ratio Rank: 5858
Calmar Ratio Rank
VSP.TO Martin Ratio Rank: 6666
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.

HIU.TO vs. VSP.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BetaPro S&P 500 Daily Inverse ETF (HIU.TO) and Vanguard S&P 500 CAD-hedged ETF (VSP.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.

HIU.TOVSP.TODifference

Sharpe ratio

Return per unit of total volatility

-0.66

0.86

-1.52

Sortino ratio

Return per unit of downside risk

-0.83

1.35

-2.18

Omega ratio

Gain probability vs. loss probability

0.88

1.20

-0.32

Calmar ratio

Return relative to maximum drawdown

-0.36

1.34

-1.70

Martin ratio

Return relative to average drawdown

-0.44

6.22

-6.66

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

HIU.TO vs. VSP.TO - Sharpe Ratio Comparison

The current HIU.TO Sharpe Ratio is -0.66, which is lower than the VSP.TO Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of HIU.TO and VSP.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.

Loading graphics...

Sharpe Ratios by Period

HIU.TOVSP.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.66

0.86

-1.52

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.50

0.61

-1.11

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.69

0.70

-1.39

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.75

0.78

-1.53

Correlation

The correlation between HIU.TO and VSP.TO is -0.89. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

HIU.TO vs. VSP.TO - Dividend Comparison

HIU.TO has not paid dividends to shareholders, while VSP.TO's dividend yield for the trailing twelve months is around 0.97%.

TTM20252024202320222021202020192018201720162015
HIU.TO
BetaPro S&P 500 Daily Inverse ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VSP.TO
Vanguard S&P 500 CAD-hedged ETF		0.97%0.92%1.07%1.17%1.37%1.07%1.27%1.52%1.76%1.46%1.69%1.75%

Drawdowns

HIU.TO vs. VSP.TO - Drawdown Comparison

The maximum HIU.TO drawdown since its inception was -91.37%, which is greater than VSP.TO's maximum drawdown of -35.55%. Use the drawdown chart below to compare losses from any high point for HIU.TO and VSP.TO.

Loading graphics...

Drawdown Indicators

HIU.TOVSP.TODifference

Max Drawdown

Largest peak-to-trough decline

-91.37%

-35.55%

-55.82%

Max Drawdown (1Y)

Largest decline over 1 year

-28.20%

-12.07%

-16.13%

Max Drawdown (5Y)

Largest decline over 5 years

-43.31%

-25.54%

-17.77%

Max Drawdown (10Y)

Largest decline over 10 years

-76.72%

-35.55%

-41.17%

Current Drawdown

Current decline from peak

-90.49%

-6.55%

-83.94%

Average Drawdown

Average peak-to-trough decline

-66.08%

-4.04%

-62.04%

Ulcer Index

Depth and duration of drawdowns from previous peaks

22.81%

2.60%

+20.21%

Volatility

HIU.TO vs. VSP.TO - Volatility Comparison

The current volatility for BetaPro S&P 500 Daily Inverse ETF (HIU.TO) is 4.27%, while Vanguard S&P 500 CAD-hedged ETF (VSP.TO) has a volatility of 5.50%. This indicates that HIU.TO experiences smaller price fluctuations and is considered to be less risky than VSP.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading graphics...

Volatility by Period

HIU.TOVSP.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.27%

5.50%

-1.23%

Volatility (6M)

Calculated over the trailing 6-month period

9.26%

9.47%

-0.21%

Volatility (1Y)

Calculated over the trailing 1-year period

18.22%

18.12%

+0.10%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.92%

16.82%

+0.10%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.11%

17.96%

+0.15%