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HXF.TO vs. BFIN.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

HXF.TO vs. BFIN.TO

Last updated Jul 16, 2026
Documentation

HXF.TO (Global X S&P/TSX Capped Financials Index Corporate Class ETF) and BFIN.TO (Brompton North American Financials Dividend ETF) are both Financials Equities funds. HXF.TO is passively managed, while BFIN.TO is actively managed. Over the past 5 years, HXF.TO returned 20.22%/yr vs 10.99%/yr for BFIN.TO. At a 0.39 correlation, their price movements are largely independent.

Performance

HXF.TO vs. BFIN.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X S&P/TSX Capped Financials Index Corporate Class ETF (HXF.TO) and Brompton North American Financials Dividend ETF (BFIN.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, HXF.TO achieves a 26.34% return, which is significantly higher than BFIN.TO's 13.37% return.

HXF.TO

1D
1.42%
1M
7.41%
6M
25.83%
YTD
26.34%
1Y
53.55%
3Y*
33.98%
5Y*
20.22%
10Y*
16.29%

BFIN.TO

1D
1.49%
1M
5.15%
6M
12.79%
YTD
13.37%
1Y
26.87%
3Y*
25.28%
5Y*
10.99%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

HXF.TO vs. BFIN.TO - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
HXF.TO
Global X S&P/TSX Capped Financials Index Corporate Class ETF		26.34%35.34%30.19%12.46%-9.00%35.14%1.80%21.45%-4.87%
BFIN.TO
Brompton North American Financials Dividend ETF		13.37%18.41%33.71%7.41%-18.44%30.07%0.46%28.23%-7.73%

Correlation

The correlation between HXF.TO and BFIN.TO is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.38

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

0.43

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

0.44

Correlation (All Time)
Calculated using the full available price history since Oct 26, 2018

0.39

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 S&P/TSX Capped Financials Index Corporate Class ETF

Brompton North American Financials Dividend ETF

Often compared with HXF.TO:
HXF.TO vs. SIXY.TOHXF.TO vs. HFIN.TOHXF.TO vs. ZEB.TOHXF.TO vs. CEW.TOHXF.TO vs. XFN.TOHXF.TO vs. HEB.TOHXF.TO vs. VDY.TO

Return for Risk

HXF.TO vs. BFIN.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HXF.TO
HXF.TO Risk / Return Rank: 9797
Overall Rank
HXF.TO Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
HXF.TO Sortino Ratio Rank: 9797
Sortino Ratio Rank
HXF.TO Omega Ratio Rank: 9797
Omega Ratio Rank
HXF.TO Calmar Ratio Rank: 9696
Calmar Ratio Rank
HXF.TO Martin Ratio Rank: 9696
Martin Ratio Rank
BFIN.TO
BFIN.TO Risk / Return Rank: 6262
Overall Rank
BFIN.TO Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
BFIN.TO Sortino Ratio Rank: 6666
Sortino Ratio Rank
BFIN.TO Omega Ratio Rank: 7171
Omega Ratio Rank
BFIN.TO Calmar Ratio Rank: 5454
Calmar Ratio Rank
BFIN.TO Martin Ratio Rank: 5252
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.

HXF.TO vs. BFIN.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X S&P/TSX Capped Financials Index Corporate Class ETF (HXF.TO) and Brompton North American Financials Dividend ETF (BFIN.TO). 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.

HXF.TOBFIN.TODifference
Sharpe ratioReturn per unit of total volatility
4.07
1.81

+2.26

Sortino ratioReturn per unit of downside risk
5.74
2.46

+3.28

Omega ratioGain probability vs. loss probability

1.80

1.34

+0.47

Calmar ratioReturn relative to maximum drawdown

6.78

2.24

+4.54

Martin ratioReturn relative to average drawdown

27.43

7.19

+20.24

HXF.TO vs. BFIN.TO - Sharpe Ratio Comparison

The current HXF.TO Sharpe Ratio is 4.07, which is higher than the BFIN.TO Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of HXF.TO and BFIN.TO, 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

HXF.TO vs. BFIN.TO - Drawdown Comparison

The maximum HXF.TO drawdown since its inception was -39.77%, roughly equal to the maximum BFIN.TO drawdown of -38.01%. Use the drawdown chart below to compare losses from any high point for HXF.TO and BFIN.TO.

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Drawdown Indicators

HXF.TOBFIN.TODifference

Max Drawdown

Largest peak-to-trough decline

-39.77%

-38.01%

-1.76%

Max Drawdown (1Y)

Largest decline over 1 year

-7.94%

-12.07%

+4.13%

Max Drawdown (3Y)

Largest decline over 3 years

-12.90%

-20.81%

+7.91%

Max Drawdown (5Y)

Largest decline over 5 years

-21.45%

-29.02%

+7.57%

Max Drawdown (10Y)

Largest decline over 10 years

-39.77%

—

—

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-5.06%

-9.69%

+4.63%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.96%

3.75%

-1.79%

Volatility

HXF.TO vs. BFIN.TO - Volatility Comparison

Global X S&P/TSX Capped Financials Index Corporate Class ETF (HXF.TO) and Brompton North American Financials Dividend ETF (BFIN.TO) have volatilities of 3.58% and 3.71%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

HXF.TOBFIN.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.58%

3.71%

-0.13%

Volatility (6M)

Calculated over the trailing 6-month period

11.62%

11.67%

-0.05%

Volatility (1Y)

Calculated over the trailing 1-year period

13.23%

14.91%

-1.68%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.79%

18.41%

-3.62%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.03%

20.75%

-3.72%

Dividends

HXF.TO vs. BFIN.TO - Dividend Comparison

HXF.TO has not paid dividends to shareholders, while BFIN.TO's dividend yield for the trailing twelve months is around 5.40%.

PositionTTM20252024202320222021202020192018
BFIN.TO
Brompton North American Financials Dividend ETF		5.40%5.50%5.36%6.08%5.64%4.00%4.98%4.34%0.48%
HXF.TO
Global X S&P/TSX Capped Financials Index Corporate Class ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

HXF.TO and BFIN.TO have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

They also come from different issuers: Global X and Brompton.

Portfolio Optimizer

Find the right allocation for HXF.TO and BFIN.TO

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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