HQU.TO vs. NRGU

Last updated Apr 2, 2026

Compare and contrast key facts about BetaPro NASDAQ-100 2x Daily Bull ETF (HQU.TO) and MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU).

HQU.TO and NRGU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HQU.TO is managed by Global X. NRGU is a passively managed fund by BMO that tracks the performance of the Solactive MicroSectors U.S. Big Oil Index (-300%). It was launched on Apr 9, 2019.

Performance

HQU.TO vs. NRGU - 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 MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU). The values are adjusted to include any dividend payments, if applicable.

HQU.TO vs. NRGU - Yearly Performance Comparison

	2026 (YTD)	2025
HQU.TO BetaPro NASDAQ-100 2x Daily Bull ETF	-13.35%	16.65%
NRGU MicroSectors U.S. Big Oil Index 3X Leveraged ETN	142.52%	-35.12%

Different Trading Currencies

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

Returns By Period

In the year-to-date period, HQU.TO achieves a -13.35% return, which is significantly lower than NRGU's 142.52% return.

HQU.TO

• 1D: 7.32%
• 1M: -10.19%
• YTD: -13.35%
• 6M: -12.59%
• 1Y: 32.69%
• 3Y*: 32.64%
• 5Y*: 12.86%
• 10Y*: 26.83%

NRGU

• 1D: -10.88%
• 1M: 26.84%
• YTD: 142.52%
• 6M: 107.10%
• 1Y: 64.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HQU.TO vs. NRGU - Expense Ratio Comparison

NRGU

MicroSectors U.S. Big Oil Index 3X Leveraged ETN

Return for Risk

HQU.TO vs. NRGU — 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: 43
HQU.TO Sharpe Ratio Rank: 38
HQU.TO Sortino Ratio Rank: 47
HQU.TO Omega Ratio Rank: 47
HQU.TO Calmar Ratio Rank: 44
HQU.TO Martin Ratio Rank: 40

NRGU

NRGU Risk / Return Rank: 45
NRGU Sharpe Ratio Rank: 40
NRGU Sortino Ratio Rank: 54
NRGU Omega Ratio Rank: 54
NRGU Calmar Ratio Rank: 47
NRGU Martin Ratio Rank: 30

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. NRGU - 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 MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU). 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.TO	NRGU	Difference
Sharpe ratio Return per unit of total volatility	0.78	0.74	+0.05
Sortino ratio Return per unit of downside risk	1.37	1.43	-0.05
Omega ratio Gain probability vs. loss probability	1.20	1.20	-0.01
Calmar ratio Return relative to maximum drawdown	1.34	1.17	+0.18
Martin ratio Return relative to average drawdown	4.37	2.27	+2.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HQU.TO vs. NRGU - Sharpe Ratio Comparison

The current HQU.TO Sharpe Ratio is 0.78, which is comparable to the NRGU Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of HQU.TO and NRGU, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HQU.TO	NRGU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.78	0.74	+0.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.04	0.59	-0.54

Correlation

The correlation between HQU.TO and NRGU is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

HQU.TO vs. NRGU - Dividend Comparison

Neither HQU.TO nor NRGU has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

HQU.TO vs. NRGU - Drawdown Comparison

The maximum HQU.TO drawdown since its inception was -95.76%, which is greater than NRGU's maximum drawdown of -58.08%. Use the drawdown chart below to compare losses from any high point for HQU.TO and NRGU.

Drawdown Indicators

	HQU.TO	NRGU	Difference
Max Drawdown Largest peak-to-trough decline	-95.76%	-57.50%	-38.26%
Max Drawdown (1Y) Largest decline over 1 year	-25.85%	-55.24%	+29.39%
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	-20.43%	-17.40%	-3.03%
Average Drawdown Average peak-to-trough decline	-55.79%	-25.38%	-30.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.95%	27.12%	-19.17%

Volatility

HQU.TO vs. NRGU - Volatility Comparison

The current volatility for BetaPro NASDAQ-100 2x Daily Bull ETF (HQU.TO) is 13.55%, while MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) has a volatility of 23.74%. This indicates that HQU.TO experiences smaller price fluctuations and is considered to be less risky than NRGU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HQU.TO	NRGU	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.55%	23.74%	-10.19%
Volatility (6M) Calculated over the trailing 6-month period	25.67%	50.11%	-24.44%
Volatility (1Y) Calculated over the trailing 1-year period	44.85%	87.73%	-42.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.92%	86.66%	-41.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.77%	86.66%	-41.89%