HUZ.TO vs. RGPM.NEO

Last updated Jul 21, 2026

HUZ.TO (Global X Silver ETF) and RGPM.NEO (RBC Global Precious Metals Fund) are both exchange-traded funds - HUZ.TO is a Silver fund tracking the Solactive Silver Front Month MD Rolling Futures Index, while RGPM.NEO is a Precious Metals fund actively managed by RBC Global Asset Management.. HUZ.TO is passively managed, while RGPM.NEO is actively managed. Over the past 3 years, HUZ.TO returned 26.19%/yr vs 36.76%/yr for RGPM.NEO. A 0.52 correlation means they provide meaningful diversification when combined. HUZ.TO charges 1.18%/yr vs 1.02%/yr for RGPM.NEO.

Performance

HUZ.TO vs. RGPM.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Silver ETF (HUZ.TO) and RBC Global Precious Metals Fund (RGPM.NEO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HUZ.TO achieves a -21.70% return, which is significantly lower than RGPM.NEO's -15.69% return.

HUZ.TO

• 1D: 0.44%
• 1M: -13.41%
• 6M: -41.80%
• YTD: -21.70%
• 1Y: 39.76%
• 3Y*: 26.19%
• 5Y*: 13.38%
• 10Y*: 7.17%
• ALL TIME*: 4.15%

RGPM.NEO

• 1D: 0.04%
• 1M: -13.33%
• 6M: -26.15%
• YTD: -15.69%
• 1Y: 38.76%
• 3Y*: 36.76%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 34.16%

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

HUZ.TO vs. RGPM.NEO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
HUZ.TO Global X Silver ETF	-21.70%	129.20%	18.72%	11.70%
RGPM.NEO RBC Global Precious Metals Fund	-15.69%	143.89%	36.75%	-3.95%

Correlation

The correlation between HUZ.TO and RGPM.NEO is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (All Time) Calculated using the full available price history since Mar 3, 2023	0.52

Over the past year, HUZ.TO and RGPM.NEO have become more correlated (0.77) than their long-term average of 0.52, meaning their price movements have been converging.

Return for Risk

HUZ.TO vs. RGPM.NEO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HUZ.TO

HUZ.TO Risk / Return Rank: 25
HUZ.TO Sharpe Ratio Rank: 25
HUZ.TO Sortino Ratio Rank: 26
HUZ.TO Omega Ratio Rank: 33
HUZ.TO Calmar Ratio Rank: 22
HUZ.TO Martin Ratio Rank: 20

RGPM.NEO

RGPM.NEO Risk / Return Rank: 30
RGPM.NEO Sharpe Ratio Rank: 31
RGPM.NEO Sortino Ratio Rank: 31
RGPM.NEO Omega Ratio Rank: 35
RGPM.NEO Calmar Ratio Rank: 29
RGPM.NEO Martin Ratio Rank: 27

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.

HUZ.TO vs. RGPM.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Silver ETF (HUZ.TO) and RBC Global Precious Metals Fund (RGPM.NEO). 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.

	HUZ.TO	RGPM.NEO	Difference
Sharpe ratio: Return per unit of total volatility	0.65	0.84	-0.19
Sortino ratio: Return per unit of downside risk	1.12	1.28	-0.16
Omega ratio: Gain probability vs. loss probability	1.18	1.18	-0.01
Calmar ratio: Return relative to maximum drawdown	0.75	1.07	-0.32
Martin ratio: Return relative to average drawdown	1.52	2.57	-1.05

HUZ.TO vs. RGPM.NEO - Sharpe Ratio Comparison

The current HUZ.TO Sharpe Ratio is 0.65, which is comparable to the RGPM.NEO Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of HUZ.TO and RGPM.NEO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HUZ.TO vs. RGPM.NEO - Drawdown Comparison

The maximum HUZ.TO drawdown since its inception was -81.06%, which is greater than RGPM.NEO's maximum drawdown of -36.67%. Use the drawdown chart below to compare losses from any high point for HUZ.TO and RGPM.NEO.

Drawdown Indicators

	HUZ.TO	RGPM.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-81.06%	-36.67%	-44.39%
Max Drawdown (1Y) Largest decline over 1 year	-53.47%	-36.67%	-16.80%
Max Drawdown (3Y) Largest decline over 3 years	-53.47%	-36.67%	-16.80%
Max Drawdown (5Y) Largest decline over 5 years	-53.47%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-53.47%	—	—
Current Drawdown Current decline from peak	-52.67%	-36.65%	-16.02%
Average Drawdown Average peak-to-trough decline	-55.75%	-9.19%	-46.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.23%	15.17%	+11.06%

Volatility

HUZ.TO vs. RGPM.NEO - Volatility Comparison

Global X Silver ETF (HUZ.TO) has a higher volatility of 12.87% compared to RBC Global Precious Metals Fund (RGPM.NEO) at 11.50%. This indicates that HUZ.TO's price experiences larger fluctuations and is considered to be riskier than RGPM.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HUZ.TO	RGPM.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.87%	11.50%	+1.37%
Volatility (6M) Calculated over the trailing 6-month period	57.05%	39.01%	+18.04%
Volatility (1Y) Calculated over the trailing 1-year period	61.38%	46.64%	+14.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.00%	33.81%	+4.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.50%	33.81%	-0.31%

HUZ.TO vs. RGPM.NEO - Expense Ratio Comparison

HUZ.TO has a 1.18% expense ratio, which is higher than RGPM.NEO's 1.02% expense ratio.

Dividends

HUZ.TO vs. RGPM.NEO - Dividend Comparison

Neither HUZ.TO nor RGPM.NEO has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both HUZ.TO and RGPM.NEO in my portfolio?

HUZ.TO and RGPM.NEO have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HUZ.TO or RGPM.NEO?

On fees, RGPM.NEO is cheaper at 1.02% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HUZ.TO or RGPM.NEO?

RGPM.NEO is cheaper with a 1.02% expense ratio, compared with 1.18% for HUZ.TO.

What is the main difference between HUZ.TO and RGPM.NEO?

HUZ.TO is categorized as Silver, while RGPM.NEO is Precious Metals. They also come from different issuers: Global X and RBC Global Asset Management.. Their fees differ too: 1.18% for HUZ.TO and 1.02% for RGPM.NEO.