HXQ.TO vs. FCUV

Last updated Jun 3, 2026

HXQ.TO (Horizons NASDAQ-100 Index ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index, while FCUV (Focus Universal Inc.) is a stock. Over the past 5 years, HXQ.TO returned 21.43%/yr vs -70.52%/yr for FCUV. At a 0.17 correlation, their price movements are largely independent.

Performance

HXQ.TO vs. FCUV - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Horizons NASDAQ-100 Index ETF (HXQ.TO) and Focus Universal Inc. (FCUV). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

HXQ.TO is traded in CAD, while FCUV is traded in USD. To make them comparable, the FCUV values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, HXQ.TO achieves a 22.53% return, which is significantly higher than FCUV's -89.98% return.

HXQ.TO

• 1D: 0.48%
• 1M: 12.65%
• YTD: 22.53%
• 6M: 18.96%
• 1Y: 44.49%
• 3Y*: 29.97%
• 5Y*: 21.43%
• 10Y*: 22.56%

FCUV

• 1D: -2.96%
• 1M: -32.78%
• YTD: -89.98%
• 6M: -97.57%
• 1Y: -97.83%
• 3Y*: -82.62%
• 5Y*: -70.52%
• 10Y*: —

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

HXQ.TO vs. FCUV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
HXQ.TO Horizons NASDAQ-100 Index ETF	22.53%	15.05%	35.98%	51.16%	-27.84%	26.20%	45.58%	-1.46%
FCUV Focus Universal Inc.	-89.98%	-77.92%	-73.97%	-66.59%	-22.50%	150.85%	-31.76%	0.00%

Correlation

The correlation between HXQ.TO and FCUV is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.20
Correlation (All Time) Calculated using the full available price history since Dec 30, 2019	0.17

Return for Risk

HXQ.TO vs. FCUV — Risk / Return Rank

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

HXQ.TO

HXQ.TO Risk / Return Rank: 77
HXQ.TO Sharpe Ratio Rank: 86
HXQ.TO Sortino Ratio Rank: 82
HXQ.TO Omega Ratio Rank: 82
HXQ.TO Calmar Ratio Rank: 72
HXQ.TO Martin Ratio Rank: 64

FCUV

FCUV Risk / Return Rank: 4
FCUV Sharpe Ratio Rank: 14
FCUV Sortino Ratio Rank: 1
FCUV Omega Ratio Rank: 2
FCUV Calmar Ratio Rank: 1
FCUV Martin Ratio Rank: 5

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.

HXQ.TO vs. FCUV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Horizons NASDAQ-100 Index ETF (HXQ.TO) and Focus Universal Inc. (FCUV). 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.

	HXQ.TO	FCUV	Difference
Sharpe ratio Return per unit of total volatility	2.86	-0.63	+3.49
Sortino ratio Return per unit of downside risk	3.72	-2.45	+6.17
Omega ratio Gain probability vs. loss probability	1.50	0.72	+0.78
Calmar ratio Return relative to maximum drawdown	3.64	-0.99	+4.63
Martin ratio Return relative to average drawdown	11.73	-1.52	+13.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HXQ.TO vs. FCUV - Sharpe Ratio Comparison

The current HXQ.TO Sharpe Ratio is 2.86, which is higher than the FCUV Sharpe Ratio of -0.63. The chart below compares the historical Sharpe Ratios of HXQ.TO and FCUV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HXQ.TO	FCUV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.86	-0.63	+3.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.04	-0.37	+1.41
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.09	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.08	-0.34	+1.42

Drawdowns

HXQ.TO vs. FCUV - Drawdown Comparison

The maximum HXQ.TO drawdown since its inception was -31.60%, smaller than the maximum FCUV drawdown of -99.94%. Use the drawdown chart below to compare losses from any high point for HXQ.TO and FCUV.

Drawdown Indicators

	HXQ.TO	FCUV	Difference
Max Drawdown Largest peak-to-trough decline	-31.60%	-99.94%	+68.34%
Max Drawdown (1Y) Largest decline over 1 year	-12.43%	-98.56%	+86.13%
Max Drawdown (3Y) Largest decline over 3 years	-22.58%	-99.67%	+77.09%
Max Drawdown (5Y) Largest decline over 5 years	-31.60%	-99.94%	+68.34%
Max Drawdown (10Y) Largest decline over 10 years	-31.60%	—	—
Current Drawdown Current decline from peak	0.00%	-99.93%	+99.93%
Average Drawdown Average peak-to-trough decline	-5.75%	-67.70%	+61.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.86%	64.41%	-60.55%

Volatility

HXQ.TO vs. FCUV - Volatility Comparison

The current volatility for Horizons NASDAQ-100 Index ETF (HXQ.TO) is 4.66%, while Focus Universal Inc. (FCUV) has a volatility of 37.60%. This indicates that HXQ.TO experiences smaller price fluctuations and is considered to be less risky than FCUV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HXQ.TO	FCUV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.66%	37.60%	-32.94%
Volatility (6M) Calculated over the trailing 6-month period	11.81%	130.70%	-118.89%
Volatility (1Y) Calculated over the trailing 1-year period	15.62%	156.35%	-140.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.76%	192.08%	-171.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.83%	187.00%	-166.17%

Dividends

HXQ.TO vs. FCUV - Dividend Comparison

Neither HXQ.TO nor FCUV has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both HXQ.TO and FCUV in my portfolio?

HXQ.TO and FCUV have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.