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HUC.TO vs. ESGD
Performance
Return for Risk
Drawdowns
Volatility
Dividends

HUC.TO vs. ESGD

Last updated Jun 5, 2026

HUC.TO (Global X Crude Oil ETF) and ESGD (iShares ESG Aware MSCI EAFE ETF) are both exchange-traded funds - HUC.TO is a Commodities fund tracking the Solactive Light Sweet Crude Oil Winter MD Rolling Futures Index ER, while ESGD is a Foreign Large Cap Equities fund tracking the MSCI EAFE Extended ESG Focus Index. Both are passively managed. Over the past 5 years, HUC.TO returned 12.86%/yr vs 11.17%/yr for ESGD. At a 0.06 correlation, their price movements are largely independent. HUC.TO charges 1.09%/yr vs 0.20%/yr for ESGD.

Performance

HUC.TO vs. ESGD - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Crude Oil ETF (HUC.TO) and iShares ESG Aware MSCI EAFE ETF (ESGD). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

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

Returns By Period

In the year-to-date period, HUC.TO achieves a 42.05% return, which is significantly higher than ESGD's 10.60% return.

HUC.TO

1D
-2.03%
1M
-1.85%
YTD
42.05%
6M
37.99%
1Y
37.42%
3Y*
11.54%
5Y*
12.86%
10Y*
8.13%

ESGD

1D
0.83%
1M
5.09%
YTD
10.60%
6M
10.59%
1Y
22.63%
3Y*
17.72%
5Y*
11.17%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

HUC.TO vs. ESGD - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
HUC.TO
Global X Crude Oil ETF		42.05%-13.63%7.23%-2.89%26.25%57.81%-21.10%19.75%-11.68%-3.47%
ESGD
iShares ESG Aware MSCI EAFE ETF		10.60%23.69%12.88%15.92%-9.13%10.78%6.37%17.07%-5.98%17.14%

Correlation

The correlation between HUC.TO and ESGD is -0.29, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.29

Correlation (3Y)
Calculated over the trailing 3-year period

-0.08

Correlation (5Y)
Calculated over the trailing 5-year period

0.01

Correlation (All Time)
Calculated using the full available price history since Jul 1, 2016

0.06

The correlation between HUC.TO and ESGD shifts across timeframes, from -0.29 (1 year) to 0.06 (all time), reflecting how their relationship changes across market environments.

HUC.TO vs. ESGD - Sectors Allocation Comparison

Sectors
HUC.TO
ESGD

Real Estate

18.4%
2.0%

Basic Materials

-

4.6%

Communication Services

-

4.0%

Consumer Cyclical

-

7.6%

Consumer Defensive

-

6.4%

Energy

-

3.9%

Financial Services

-

26.4%

Healthcare

-

10.3%

Industrials

-

19.2%

Technology

-

11.7%

Utilities

-

3.9%

Real Estate

HUC.TO
18.4%
ESGD
2.0%

Basic Materials

HUC.TO

-

ESGD
4.6%

Communication Services

HUC.TO

-

ESGD
4.0%

Consumer Cyclical

HUC.TO

-

ESGD
7.6%

Consumer Defensive

HUC.TO

-

ESGD
6.4%

Energy

HUC.TO

-

ESGD
3.9%

Financial Services

HUC.TO

-

ESGD
26.4%

Healthcare

HUC.TO

-

ESGD
10.3%

Industrials

HUC.TO

-

ESGD
19.2%

Technology

HUC.TO

-

ESGD
11.7%

Utilities

HUC.TO

-

ESGD
3.9%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X Crude Oil ETF

iShares ESG Aware MSCI EAFE ETF

Often compared with HUC.TO:
HUC.TO vs. HXS.TOHUC.TO vs. HUN.TOHUC.TO vs. XBM.TOHUC.TO vs. CCOM.TOHUC.TO vs. ZCOM.NEOHUC.TO vs. COW.TOHUC.TO vs. PPA
Often compared with ESGD:
ESGD vs. ESGUESGD vs. ESGVESGD vs. SPYESGD vs. DMXFESGD vs. SDGESGD vs. FNIDXESGD vs. INTF

Return for Risk

HUC.TO vs. ESGD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HUC.TO
HUC.TO Risk / Return Rank: 4141
Overall Rank
HUC.TO Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
HUC.TO Sortino Ratio Rank: 3939
Sortino Ratio Rank
HUC.TO Omega Ratio Rank: 4343
Omega Ratio Rank
HUC.TO Calmar Ratio Rank: 4747
Calmar Ratio Rank
HUC.TO Martin Ratio Rank: 3232
Martin Ratio Rank
ESGD
ESGD Risk / Return Rank: 3939
Overall Rank
ESGD Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
ESGD Sortino Ratio Rank: 3939
Sortino Ratio Rank
ESGD Omega Ratio Rank: 3838
Omega Ratio Rank
ESGD Calmar Ratio Rank: 3636
Calmar Ratio Rank
ESGD Martin Ratio Rank: 4242
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.

HUC.TO vs. ESGD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Crude Oil ETF (HUC.TO) and iShares ESG Aware MSCI EAFE ETF (ESGD). 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.

HUC.TOESGDDifference
Sharpe ratioReturn per unit of total volatility
1.48
1.60

-0.12

Sortino ratioReturn per unit of downside risk
1.97
2.29

-0.32

Omega ratioGain probability vs. loss probability

1.27

1.29

-0.02

Calmar ratioReturn relative to maximum drawdown

2.32

2.01

+0.31

Martin ratioReturn relative to average drawdown

4.59

7.81

-3.22

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

HUC.TO vs. ESGD - Sharpe Ratio Comparison

The current HUC.TO Sharpe Ratio is 1.48, which is comparable to the ESGD Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of HUC.TO and ESGD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

HUC.TOESGDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.48

1.60

-0.12

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.46

0.82

-0.35

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.28

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.13

0.73

-0.60

Drawdowns

HUC.TO vs. ESGD - Drawdown Comparison

The maximum HUC.TO drawdown since its inception was -76.99%, which is greater than ESGD's maximum drawdown of -28.05%. Use the drawdown chart below to compare losses from any high point for HUC.TO and ESGD.

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Drawdown Indicators

HUC.TOESGDDifference

Max Drawdown

Largest peak-to-trough decline

-76.99%

-28.05%

-48.94%

Max Drawdown (1Y)

Largest decline over 1 year

-16.20%

-11.33%

-4.87%

Max Drawdown (3Y)

Largest decline over 3 years

-23.83%

-14.23%

-9.60%

Max Drawdown (5Y)

Largest decline over 5 years

-30.83%

-24.07%

-6.76%

Max Drawdown (10Y)

Largest decline over 10 years

-61.56%

—

—

Current Drawdown

Current decline from peak

-4.77%

0.00%

-4.77%

Average Drawdown

Average peak-to-trough decline

-34.60%

-4.12%

-30.48%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.18%

2.90%

+5.28%

Volatility

HUC.TO vs. ESGD - Volatility Comparison

Global X Crude Oil ETF (HUC.TO) has a higher volatility of 11.36% compared to iShares ESG Aware MSCI EAFE ETF (ESGD) at 4.59%. This indicates that HUC.TO's price experiences larger fluctuations and is considered to be riskier than ESGD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

HUC.TOESGDDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.36%

4.59%

+6.77%

Volatility (6M)

Calculated over the trailing 6-month period

21.24%

11.92%

+9.32%

Volatility (1Y)

Calculated over the trailing 1-year period

25.42%

14.24%

+11.18%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

27.87%

13.76%

+14.11%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.04%

14.54%

+14.50%

HUC.TO vs. ESGD - Expense Ratio Comparison

HUC.TO has a 1.09% expense ratio, which is higher than ESGD's 0.20% expense ratio.

Dividends

HUC.TO vs. ESGD - Dividend Comparison

HUC.TO has not paid dividends to shareholders, while ESGD's dividend yield for the trailing twelve months is around 3.30%.

PositionTTM2025202420232022202120202019201820172016
ESGD
iShares ESG Aware MSCI EAFE ETF		3.30%3.60%3.23%3.02%2.59%2.75%1.63%2.57%2.69%2.65%0.09%
HUC.TO
Global X Crude Oil ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

HUC.TO and ESGD have a correlation of -0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, ESGD is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

ESGD is cheaper with a 0.20% expense ratio, compared with 1.09% for HUC.TO.

HUC.TO is categorized as Commodities, while ESGD is Foreign Large Cap Equities. HUC.TO tracks Solactive Light Sweet Crude Oil Winter MD Rolling Futures Index ER, while ESGD tracks MSCI EAFE Extended ESG Focus Index. They also come from different issuers: Global X and iShares. Their fees differ too: 1.09% for HUC.TO and 0.20% for ESGD.

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