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

HUC.TO vs. IXJ

Last updated Jun 5, 2026

HUC.TO (Global X Crude Oil ETF) and IXJ (iShares Global Healthcare 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 IXJ is a Health & Biotech Equities fund tracking the S&P Global Healthcare Sector Index. Both are passively managed. Over the past 10 years, HUC.TO returned 8.13%/yr vs 8.81%/yr for IXJ. At a correlation of -0.05, they often move in opposite directions. HUC.TO charges 1.09%/yr vs 0.46%/yr for IXJ.

Performance

HUC.TO vs. IXJ - 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 Global Healthcare ETF (IXJ). 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 IXJ is traded in USD. To make them comparable, the IXJ 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 IXJ's -1.04% return. Over the past 10 years, HUC.TO has underperformed IXJ with an annualized return of 8.13%, while IXJ has yielded a comparatively higher 8.81% annualized 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%

IXJ

1D
3.14%
1M
5.17%
YTD
-1.04%
6M
-1.57%
1Y
13.97%
3Y*
6.59%
5Y*
7.66%
10Y*
8.81%
*Multi-year figures are annualized to reflect compound growth (CAGR)

HUC.TO vs. IXJ - 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%
IXJ
iShares Global Healthcare ETF		-1.04%9.71%9.19%1.34%1.84%18.52%10.84%17.17%11.55%12.77%

Correlation

The correlation between HUC.TO and IXJ is -0.33, 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

-0.33

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

-0.20

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

-0.16

Correlation (10Y)
Calculated over the trailing 10-year period

-0.07

Correlation (All Time)
Calculated using the full available price history since Jun 26, 2009

-0.05

Over the past year, the inverse relationship between HUC.TO and IXJ has strengthened: their correlation has moved from -0.05 to -0.33, meaning they now move in opposite directions more often than their long-term average.

HUC.TO vs. IXJ - Sectors Allocation Comparison

Sectors
HUC.TO
IXJ

Real Estate

18.4%

-

Basic Materials

-

-

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

0.5%

Energy

-

-

Financial Services

-

-

Healthcare

-

98.9%

Industrials

-

-

Technology

-

-

Utilities

-

-

Real Estate

HUC.TO
18.4%
IXJ

-

Basic Materials

HUC.TO

-

IXJ

-

Communication Services

HUC.TO

-

IXJ

-

Consumer Cyclical

HUC.TO

-

IXJ

-

Consumer Defensive

HUC.TO

-

IXJ
0.5%

Energy

HUC.TO

-

IXJ

-

Financial Services

HUC.TO

-

IXJ

-

Healthcare

HUC.TO

-

IXJ
98.9%

Industrials

HUC.TO

-

IXJ

-

Technology

HUC.TO

-

IXJ

-

Utilities

HUC.TO

-

IXJ

-

Compare stocks, funds, or ETFs

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Global X Crude Oil ETF

iShares Global Healthcare 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 IXJ:
IXJ vs. XLVIXJ vs. VHTIXJ vs. XDWH.LIXJ vs. IHIIXJ vs. FHLCIXJ vs. IVVIXJ vs. HLTH.L

Return for Risk

HUC.TO vs. IXJ — 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
IXJ
IXJ Risk / Return Rank: 2424
Overall Rank
IXJ Sharpe Ratio Rank: 2424
Sharpe Ratio Rank
IXJ Sortino Ratio Rank: 2525
Sortino Ratio Rank
IXJ Omega Ratio Rank: 2323
Omega Ratio Rank
IXJ Calmar Ratio Rank: 2525
Calmar Ratio Rank
IXJ Martin Ratio Rank: 2323
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. IXJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Crude Oil ETF (HUC.TO) and iShares Global Healthcare ETF (IXJ). 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.TOIXJDifference
Sharpe ratioReturn per unit of total volatility
1.48
0.95

+0.53

Sortino ratioReturn per unit of downside risk
1.97
1.50

+0.47

Omega ratioGain probability vs. loss probability

1.27

1.17

+0.10

Calmar ratioReturn relative to maximum drawdown

2.32

1.29

+1.03

Martin ratioReturn relative to average drawdown

4.59

3.18

+1.40

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. IXJ - Sharpe Ratio Comparison

The current HUC.TO Sharpe Ratio is 1.48, which is higher than the IXJ Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of HUC.TO and IXJ, 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.TOIXJDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.48

0.95

+0.53

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.46

0.58

-0.12

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.28

0.60

-0.32

Sharpe Ratio (All Time)

Calculated using the full available price history

0.13

0.89

-0.76

Drawdowns

HUC.TO vs. IXJ - Drawdown Comparison

The maximum HUC.TO drawdown since its inception was -76.99%, which is greater than IXJ's maximum drawdown of -20.72%. Use the drawdown chart below to compare losses from any high point for HUC.TO and IXJ.

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Drawdown Indicators

HUC.TOIXJDifference

Max Drawdown

Largest peak-to-trough decline

-76.99%

-20.72%

-56.27%

Max Drawdown (1Y)

Largest decline over 1 year

-16.20%

-10.84%

-5.36%

Max Drawdown (3Y)

Largest decline over 3 years

-23.83%

-15.39%

-8.44%

Max Drawdown (5Y)

Largest decline over 5 years

-30.83%

-15.39%

-15.44%

Max Drawdown (10Y)

Largest decline over 10 years

-61.56%

-20.72%

-40.84%

Current Drawdown

Current decline from peak

-4.77%

-5.04%

+0.27%

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%

4.40%

+3.78%

Volatility

HUC.TO vs. IXJ - Volatility Comparison

Global X Crude Oil ETF (HUC.TO) has a higher volatility of 11.36% compared to iShares Global Healthcare ETF (IXJ) at 4.72%. This indicates that HUC.TO's price experiences larger fluctuations and is considered to be riskier than IXJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

HUC.TOIXJDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.36%

4.72%

+6.64%

Volatility (6M)

Calculated over the trailing 6-month period

21.24%

10.74%

+10.50%

Volatility (1Y)

Calculated over the trailing 1-year period

25.42%

14.78%

+10.64%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

27.87%

13.17%

+14.70%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.04%

14.62%

+14.42%

HUC.TO vs. IXJ - Expense Ratio Comparison

HUC.TO has a 1.09% expense ratio, which is higher than IXJ's 0.46% expense ratio.

Dividends

HUC.TO vs. IXJ - Dividend Comparison

HUC.TO has not paid dividends to shareholders, while IXJ's dividend yield for the trailing twelve months is around 1.43%.

PositionTTM20252024202320222021202020192018201720162015
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%0.00%
IXJ
iShares Global Healthcare ETF		1.43%1.40%1.50%1.38%1.17%1.12%1.27%1.42%2.11%1.46%1.73%2.85%

Frequently Asked Questions

HUC.TO and IXJ have a correlation of -0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, IXJ is cheaper at 0.46% per year. The better choice depends on whether you care most about return, fees, risk, or income.

IXJ is cheaper with a 0.46% expense ratio, compared with 1.09% for HUC.TO.

HUC.TO is categorized as Commodities, while IXJ is Health & Biotech Equities. HUC.TO tracks Solactive Light Sweet Crude Oil Winter MD Rolling Futures Index ER, while IXJ tracks S&P Global Healthcare Sector Index. They also come from different issuers: Global X and iShares. Their fees differ too: 1.09% for HUC.TO and 0.46% for IXJ.

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