HQU.TO vs. TERG

Last updated Apr 2, 2026

Compare and contrast key facts about BetaPro NASDAQ-100 2x Daily Bull ETF (HQU.TO) and Leverage Shares 2X Long TER Daily ETF (TERG).

HQU.TO and TERG 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. TERG is an actively managed fund by Leverage Shares. It was launched on Nov 17, 2025.

Performance

HQU.TO vs. TERG - 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 2X Long TER Daily ETF (TERG). The values are adjusted to include any dividend payments, if applicable.

HQU.TO vs. TERG - Yearly Performance Comparison

	2026 (YTD)	2025
HQU.TO BetaPro NASDAQ-100 2x Daily Bull ETF	-13.35%	2.41%
TERG Leverage Shares 2X Long TER Daily ETF	127.83%	25.13%

Different Trading Currencies

HQU.TO is traded in CAD, while TERG is traded in USD. To make them comparable, the TERG 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 TERG's 127.83% 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%

TERG

• 1D: 10.79%
• 1M: -12.21%
• YTD: 127.83%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HQU.TO vs. TERG - Expense Ratio Comparison

TERG

Leverage Shares 2X Long TER Daily ETF

Return for Risk

HQU.TO vs. TERG — 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

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. TERG - 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 2X Long TER Daily ETF (TERG). 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	TERG	Difference
Sharpe ratio Return per unit of total volatility	0.78	—	—
Sortino ratio Return per unit of downside risk	1.37	—	—
Omega ratio Gain probability vs. loss probability	1.20	—	—
Calmar ratio Return relative to maximum drawdown	1.34	—	—
Martin ratio Return relative to average drawdown	4.37	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	HQU.TO	TERG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.78	—	—
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	13.46	-13.42

Correlation

The correlation between HQU.TO and TERG is 0.70, 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. TERG - Dividend Comparison

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

Tickers have no history of dividend payments

Drawdowns

HQU.TO vs. TERG - Drawdown Comparison

The maximum HQU.TO drawdown since its inception was -95.76%, which is greater than TERG's maximum drawdown of -38.84%. Use the drawdown chart below to compare losses from any high point for HQU.TO and TERG.

Drawdown Indicators

	HQU.TO	TERG	Difference
Max Drawdown Largest peak-to-trough decline	-95.76%	-39.32%	-56.44%
Max Drawdown (1Y) Largest decline over 1 year	-25.85%	—	—
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%	-22.98%	+2.55%
Average Drawdown Average peak-to-trough decline	-55.79%	-9.92%	-45.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.95%	—	—

Volatility

Volatility by Period

	HQU.TO	TERG	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.55%	—	—
Volatility (6M) Calculated over the trailing 6-month period	25.67%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	44.85%	124.26%	-79.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.92%	124.26%	-79.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.77%	124.26%	-79.49%