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

HUC.TO vs. REMX

Last updated Jun 5, 2026

HUC.TO (Global X Crude Oil ETF) and REMX (VanEck Vectors Rare Earth/Strategic Metals 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 REMX is a Materials fund tracking the MVIS Global Rare Earth/Strategic Metals Index. Both are passively managed. Over the past 10 years, HUC.TO returned 8.13%/yr vs 10.57%/yr for REMX. At a 0.19 correlation, their price movements are largely independent. HUC.TO charges 1.09%/yr vs 0.59%/yr for REMX.

Performance

HUC.TO vs. REMX - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Crude Oil ETF (HUC.TO) and VanEck Vectors Rare Earth/Strategic Metals ETF (REMX). 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 REMX is traded in USD. To make them comparable, the REMX 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 REMX's 33.03% return. Over the past 10 years, HUC.TO has underperformed REMX with an annualized return of 8.13%, while REMX has yielded a comparatively higher 10.57% 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%

REMX

1D
-1.24%
1M
-4.58%
YTD
33.03%
6M
38.70%
1Y
164.69%
3Y*
7.85%
5Y*
7.22%
10Y*
10.57%
*Multi-year figures are annualized to reflect compound growth (CAGR)

HUC.TO vs. REMX - 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%
REMX
VanEck Vectors Rare Earth/Strategic Metals ETF		33.03%84.10%-29.43%-20.96%-26.22%78.18%62.04%-4.22%-45.36%70.98%

Correlation

The correlation between HUC.TO and REMX is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

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

-0.02

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

0.10

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

0.16

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

0.18

Correlation (All Time)
Calculated using the full available price history since Oct 29, 2010

0.19

The correlation between HUC.TO and REMX shifts across timeframes, from -0.02 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.

HUC.TO vs. REMX - Sectors Allocation Comparison

Sectors
HUC.TO
REMX

Real Estate

18.4%

-

Basic Materials

-

100.0%

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Energy

-

-

Financial Services

-

-

Healthcare

-

-

Industrials

-

-

Technology

-

-

Utilities

-

-

Real Estate

HUC.TO
18.4%
REMX

-

Basic Materials

HUC.TO

-

REMX
100.0%

Communication Services

HUC.TO

-

REMX

-

Consumer Cyclical

HUC.TO

-

REMX

-

Consumer Defensive

HUC.TO

-

REMX

-

Energy

HUC.TO

-

REMX

-

Financial Services

HUC.TO

-

REMX

-

Healthcare

HUC.TO

-

REMX

-

Industrials

HUC.TO

-

REMX

-

Technology

HUC.TO

-

REMX

-

Utilities

HUC.TO

-

REMX

-

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Global X Crude Oil ETF

VanEck Vectors Rare Earth/Strategic Metals 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 REMX:
REMX vs. LITREMX vs. XLBREMX vs. USARREMX vs. COPXREMX vs. RAREREMX vs. GNRREMX vs. WTRE

Return for Risk

HUC.TO vs. REMX — 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
REMX
REMX Risk / Return Rank: 8686
Overall Rank
REMX Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
REMX Sortino Ratio Rank: 7979
Sortino Ratio Rank
REMX Omega Ratio Rank: 7474
Omega Ratio Rank
REMX Calmar Ratio Rank: 9393
Calmar Ratio Rank
REMX Martin Ratio Rank: 8989
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. REMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Crude Oil ETF (HUC.TO) and VanEck Vectors Rare Earth/Strategic Metals ETF (REMX). 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.TOREMXDifference
Sharpe ratioReturn per unit of total volatility
1.48
3.52

-2.04

Sortino ratioReturn per unit of downside risk
1.97
3.68

-1.71

Omega ratioGain probability vs. loss probability

1.27

1.46

-0.19

Calmar ratioReturn relative to maximum drawdown

2.32

7.17

-4.85

Martin ratioReturn relative to average drawdown

4.59

20.35

-15.76

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. REMX - Sharpe Ratio Comparison

The current HUC.TO Sharpe Ratio is 1.48, which is lower than the REMX Sharpe Ratio of 3.52. The chart below compares the historical Sharpe Ratios of HUC.TO and REMX, 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.TOREMXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.48

3.52

-2.04

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.46

0.19

+0.27

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.28

0.31

-0.02

Sharpe Ratio (All Time)

Calculated using the full available price history

0.13

-0.02

+0.15

Drawdowns

HUC.TO vs. REMX - Drawdown Comparison

The maximum HUC.TO drawdown since its inception was -76.99%, smaller than the maximum REMX drawdown of -85.65%. Use the drawdown chart below to compare losses from any high point for HUC.TO and REMX.

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Drawdown Indicators

HUC.TOREMXDifference

Max Drawdown

Largest peak-to-trough decline

-76.99%

-85.65%

+8.66%

Max Drawdown (1Y)

Largest decline over 1 year

-16.20%

-23.10%

+6.90%

Max Drawdown (3Y)

Largest decline over 3 years

-23.83%

-58.77%

+34.94%

Max Drawdown (5Y)

Largest decline over 5 years

-30.83%

-69.54%

+38.71%

Max Drawdown (10Y)

Largest decline over 10 years

-61.56%

-69.54%

+7.98%

Current Drawdown

Current decline from peak

-4.77%

-35.41%

+30.64%

Average Drawdown

Average peak-to-trough decline

-34.60%

-59.03%

+24.43%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.18%

8.13%

+0.05%

Volatility

HUC.TO vs. REMX - Volatility Comparison

The current volatility for Global X Crude Oil ETF (HUC.TO) is 11.36%, while VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) has a volatility of 12.63%. This indicates that HUC.TO experiences smaller price fluctuations and is considered to be less risky than REMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

HUC.TOREMXDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.36%

12.63%

-1.27%

Volatility (6M)

Calculated over the trailing 6-month period

21.24%

33.77%

-12.53%

Volatility (1Y)

Calculated over the trailing 1-year period

25.42%

47.14%

-21.72%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

27.87%

37.66%

-9.79%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.04%

34.66%

-5.62%

HUC.TO vs. REMX - Expense Ratio Comparison

HUC.TO has a 1.09% expense ratio, which is higher than REMX's 0.59% expense ratio.

Dividends

HUC.TO vs. REMX - Dividend Comparison

HUC.TO has not paid dividends to shareholders, while REMX's dividend yield for the trailing twelve months is around 1.34%.

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%
REMX
VanEck Vectors Rare Earth/Strategic Metals ETF		1.34%1.76%2.56%0.00%1.56%5.25%0.81%1.64%12.43%2.89%2.23%4.77%

Frequently Asked Questions

HUC.TO and REMX have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, REMX is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

REMX is cheaper with a 0.59% expense ratio, compared with 1.09% for HUC.TO.

HUC.TO is categorized as Commodities, while REMX is Materials. HUC.TO tracks Solactive Light Sweet Crude Oil Winter MD Rolling Futures Index ER, while REMX tracks MVIS Global Rare Earth/Strategic Metals Index. They also come from different issuers: Global X and VanEck. Their fees differ too: 1.09% for HUC.TO and 0.59% for REMX.

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