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HQU.TO vs. 3SPY.L
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

HQU.TO vs. 3SPY.L - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in BetaPro NASDAQ-100 2x Daily Bull ETF (HQU.TO) and Leverage Shares 3x Long US 500 ETP Securities (3SPY.L). The values are adjusted to include any dividend payments, if applicable.

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HQU.TO vs. 3SPY.L - Yearly Performance Comparison


2026 (YTD)2025202420232022
HQU.TO
BetaPro NASDAQ-100 2x Daily Bull ETF
-19.26%26.77%40.01%114.00%-31.58%
3SPY.L
Leverage Shares 3x Long US 500 ETP Securities
-18.78%7.23%77.81%54.75%-37.02%
Different Trading Currencies

HQU.TO is traded in CAD, while 3SPY.L is traded in USD. To make them comparable, the 3SPY.L values have been converted to CAD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with HQU.TO having a -19.26% return and 3SPY.L slightly higher at -18.78%.


HQU.TO

1D
-1.54%
1M
-16.22%
YTD
-19.26%
6M
-17.81%
1Y
25.75%
3Y*
29.55%
5Y*
12.05%
10Y*
25.93%

3SPY.L

1D
2.42%
1M
-15.41%
YTD
-18.78%
6M
-16.54%
1Y
11.82%
3Y*
28.51%
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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HQU.TO vs. 3SPY.L - Expense Ratio Comparison


Return for Risk

HQU.TO vs. 3SPY.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HQU.TO
HQU.TO Risk / Return Rank: 3333
Overall Rank
HQU.TO Sharpe Ratio Rank: 3030
Sharpe Ratio Rank
HQU.TO Sortino Ratio Rank: 3737
Sortino Ratio Rank
HQU.TO Omega Ratio Rank: 3838
Omega Ratio Rank
HQU.TO Calmar Ratio Rank: 2929
Calmar Ratio Rank
HQU.TO Martin Ratio Rank: 2828
Martin Ratio Rank

3SPY.L
3SPY.L Risk / Return Rank: 2626
Overall Rank
3SPY.L Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
3SPY.L Sortino Ratio Rank: 3131
Sortino Ratio Rank
3SPY.L Omega Ratio Rank: 4141
Omega Ratio Rank
3SPY.L Calmar Ratio Rank: 1919
Calmar Ratio Rank
3SPY.L Martin Ratio Rank: 1717
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.

HQU.TO vs. 3SPY.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BetaPro NASDAQ-100 2x Daily Bull ETF (HQU.TO) and Leverage Shares 3x Long US 500 ETP Securities (3SPY.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.


HQU.TO3SPY.LDifference

Sharpe ratio

Return per unit of total volatility

0.58

0.23

+0.35

Sortino ratio

Return per unit of downside risk

1.12

0.87

+0.24

Omega ratio

Gain probability vs. loss probability

1.16

1.15

+0.01

Calmar ratio

Return relative to maximum drawdown

0.73

0.28

+0.45

Martin ratio

Return relative to average drawdown

2.41

0.59

+1.83

HQU.TO vs. 3SPY.L - Sharpe Ratio Comparison

The current HQU.TO Sharpe Ratio is 0.58, which is higher than the 3SPY.L Sharpe Ratio of 0.23. The chart below compares the historical Sharpe Ratios of HQU.TO and 3SPY.L, 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


HQU.TO3SPY.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.58

0.23

+0.35

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.27

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.58

Sharpe Ratio (All Time)

Calculated using the full available price history

0.04

0.22

-0.18

Correlation

The correlation between HQU.TO and 3SPY.L is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

HQU.TO vs. 3SPY.L - Dividend Comparison

Neither HQU.TO nor 3SPY.L has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

HQU.TO vs. 3SPY.L - Drawdown Comparison

The maximum HQU.TO drawdown since its inception was -95.76%, which is greater than 3SPY.L's maximum drawdown of -57.21%. Use the drawdown chart below to compare losses from any high point for HQU.TO and 3SPY.L.


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Drawdown Indicators


HQU.TO3SPY.LDifference

Max Drawdown

Largest peak-to-trough decline

-95.76%

-56.70%

-39.06%

Max Drawdown (1Y)

Largest decline over 1 year

-25.85%

-41.60%

+15.75%

Max Drawdown (5Y)

Largest decline over 5 years

-64.83%

Max Drawdown (10Y)

Largest decline over 10 years

-64.83%

Current Drawdown

Current decline from peak

-25.85%

-40.16%

+14.31%

Average Drawdown

Average peak-to-trough decline

-55.80%

-20.36%

-35.44%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.85%

19.37%

-11.52%

Volatility

HQU.TO vs. 3SPY.L - Volatility Comparison

BetaPro NASDAQ-100 2x Daily Bull ETF (HQU.TO) and Leverage Shares 3x Long US 500 ETP Securities (3SPY.L) have volatilities of 11.02% and 11.23%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


HQU.TO3SPY.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.02%

11.23%

-0.21%

Volatility (6M)

Calculated over the trailing 6-month period

24.66%

47.98%

-23.32%

Volatility (1Y)

Calculated over the trailing 1-year period

44.35%

70.93%

-26.58%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

44.83%

51.91%

-7.08%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

44.72%

51.91%

-7.19%