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

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 Rare Earth and 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 30.77% return, which is significantly higher than REMX's 0.63% return. Over the past 10 years, HUC.TO has outperformed REMX with an annualized return of 7.60%, while REMX has yielded a comparatively lower 7.21% annualized return.


HUC.TO

1D
1.08%
1M
2.26%
6M
27.36%
YTD
30.77%
1Y
18.41%
3Y*
6.79%
5Y*
10.17%
10Y*
7.60%

REMX

1D
-0.90%
1M
-24.21%
6M
-17.75%
YTD
0.63%
1Y
53.88%
3Y*
-2.32%
5Y*
-1.08%
10Y*
7.21%
*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
30.77%-13.63%7.23%-2.89%26.25%57.81%-21.10%19.75%-11.68%-3.47%
REMX
VanEck Rare Earth and Strategic Metals ETF
0.63%84.14%-29.51%-21.11%-26.76%79.72%60.91%-3.42%-45.40%70.24%

Correlation

The correlation between HUC.TO and REMX is -0.06, 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

-0.06

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

0.07

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

0.17

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

0.20

Correlation (All Time)
Calculated using the full available price history since Oct 28, 2010

0.23

The correlation between HUC.TO and REMX shifts across timeframes, from -0.06 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.

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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: 2626
Overall Rank
HUC.TO Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
HUC.TO Sortino Ratio Rank: 2525
Sortino Ratio Rank
HUC.TO Omega Ratio Rank: 2626
Omega Ratio Rank
HUC.TO Calmar Ratio Rank: 2727
Calmar Ratio Rank
HUC.TO Martin Ratio Rank: 2424
Martin Ratio Rank

REMX
REMX Risk / Return Rank: 3535
Overall Rank
REMX Sharpe Ratio Rank: 3434
Sharpe Ratio Rank
REMX Sortino Ratio Rank: 3636
Sortino Ratio Rank
REMX Omega Ratio Rank: 3333
Omega Ratio Rank
REMX Calmar Ratio Rank: 3636
Calmar Ratio Rank
REMX Martin Ratio Rank: 3636
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 Rare Earth and 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


HUC.TOREMXDifference
Sharpe ratioReturn per unit of total volatility

-0.36

Sortino ratioReturn per unit of downside risk

-0.57

Omega ratioGain probability vs. loss probability

1.14

1.20

-0.06

Calmar ratioReturn relative to maximum drawdown

1.03

1.69

-0.66

Martin ratioReturn relative to average drawdown

2.35

5.12

-2.78

HUC.TO vs. REMX - Sharpe Ratio Comparison

The current HUC.TO Sharpe Ratio is 0.73, which is lower than the REMX Sharpe Ratio of 1.09. 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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Drawdowns

HUC.TO vs. REMX - Drawdown Comparison

The maximum HUC.TO drawdown since its inception was -88.50%, roughly equal to the maximum REMX drawdown of -85.86%. 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

-88.50%

-85.86%

-2.64%

Max Drawdown (1Y)

Largest decline over 1 year

-17.90%

-32.03%

+14.13%

Max Drawdown (3Y)

Largest decline over 3 years

-23.83%

-57.43%

+33.60%

Max Drawdown (5Y)

Largest decline over 5 years

-30.83%

-69.70%

+38.87%

Max Drawdown (10Y)

Largest decline over 10 years

-61.56%

-69.70%

+8.14%

Current Drawdown

Current decline from peak

-55.72%

-51.20%

-4.52%

Average Drawdown

Average peak-to-trough decline

-52.75%

-58.86%

+6.11%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.87%

10.55%

-2.68%

Volatility

HUC.TO vs. REMX - Volatility Comparison

The current volatility for Global X Crude Oil ETF (HUC.TO) is 5.57%, while VanEck Rare Earth and Strategic Metals ETF (REMX) has a volatility of 11.58%. 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

5.57%

11.58%

-6.01%

Volatility (6M)

Calculated over the trailing 6-month period

22.06%

37.39%

-15.33%

Volatility (1Y)

Calculated over the trailing 1-year period

25.33%

49.73%

-24.40%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

27.92%

41.05%

-13.13%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

28.94%

37.62%

-8.68%

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 1.79%.


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 Rare Earth and Strategic Metals ETF
1.79%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 -0.06, 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 Oil & Gas, while REMX is Rare Earth & Strategic Metals. HUC.TO tracks Solactive Light Sweet Crude Oil Winter MD Rolling Futures Index ER, while REMX tracks MarketVector 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.

Portfolio Optimizer

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