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HXQ.TO vs. NRGU.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

HXQ.TO vs. NRGU.TO

Last updated Aug 2, 2026
Documentation

HXQ.TO (Global X Nasdaq-100 Index Corporate Class ETF) and NRGU.TO (BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF) are both exchange-traded funds - HXQ.TO is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while NRGU.TO is a Leveraged Equities fund tracking the S&P/TSX Capped Energy Index. Both are passively managed. Over the past 10 years, HXQ.TO returned 21.14%/yr vs 7.65%/yr for NRGU.TO. Their 0.13 correlation means their historical movements had little consistent relationship. HXQ.TO charges 0.25%/yr vs 1.63%/yr for NRGU.TO.

Performance

HXQ.TO vs. NRGU.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Nasdaq-100 Index Corporate Class ETF (HXQ.TO) and BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF (NRGU.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, HXQ.TO achieves a 14.56% return, which is significantly lower than NRGU.TO's 99.60% return. Over the past 10 years, HXQ.TO has outperformed NRGU.TO with an annualized return of 21.14%, while NRGU.TO has yielded a comparatively lower 7.65% annualized return.

HXQ.TO

1D
0.69%
1M
-5.98%
6M
14.12%
YTD
14.56%
1Y
26.47%
3Y*
24.20%
5Y*
16.73%
10Y*
21.14%
ALL TIME*
21.11%

NRGU.TO

1D
1.26%
1M
31.06%
6M
62.79%
YTD
99.60%
1Y
147.62%
3Y*
39.00%
5Y*
54.92%
10Y*
7.65%
ALL TIME*
-6.76%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

HXQ.TO

Global X Nasdaq-100 Index Corporate Class ETF
CA$2.97MCA$3.02MCA$3.91M

NRGU.TO

BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF
CA$4.58MCA$4.06MCA$3.94M

HXQ.TO vs. NRGU.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
HXQ.TO
Global X Nasdaq-100 Index Corporate Class ETF		14.56%15.05%35.98%51.16%-27.84%26.20%45.58%32.26%6.71%23.12%
NRGU.TO
BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF		99.60%21.43%16.67%-5.38%96.21%201.95%-76.24%9.01%-51.57%-25.98%

Correlation

The correlation between HXQ.TO and NRGU.TO is -0.12, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

-0.12

Correlation (3Y)
Balances recent behavior with more history.

0.02

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.08

Correlation (10Y)
Provides a long-term view across more market conditions.

0.13

Correlation (All Time)
Calculated using the full available price history since Apr 21, 2016

0.13

The correlation between HXQ.TO and NRGU.TO shifts across timeframes, from -0.12 (1 year) to 0.13 (10 years), reflecting how their relationship changes across market environments.

HXQ.TO vs. NRGU.TO - Sectors Allocation Comparison

Sectors
HXQ.TO
NRGU.TO

Technology

55.9%

-

Communication Services

15.8%

-

Consumer Cyclical

13.2%

-

Healthcare

4.4%

-

Consumer Defensive

4.4%

-

Industrials

3.1%

-

Utilities

1.4%

-

Basic Materials

1.0%

-

Energy

0.5%
100.0%

Financial Services

0.3%

-

Real Estate

0.2%

-

Technology

HXQ.TO
55.9%
NRGU.TO

-

Communication Services

HXQ.TO
15.8%
NRGU.TO

-

Consumer Cyclical

HXQ.TO
13.2%
NRGU.TO

-

Healthcare

HXQ.TO
4.4%
NRGU.TO

-

Consumer Defensive

HXQ.TO
4.4%
NRGU.TO

-

Industrials

HXQ.TO
3.1%
NRGU.TO

-

Utilities

HXQ.TO
1.4%
NRGU.TO

-

Basic Materials

HXQ.TO
1.0%
NRGU.TO

-

Energy

HXQ.TO
0.5%
NRGU.TO
100.0%

Financial Services

HXQ.TO
0.3%
NRGU.TO

-

Real Estate

HXQ.TO
0.2%
NRGU.TO

-

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 Nasdaq-100 Index Corporate Class ETF

BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF

Often compared with HXQ.TO:
HXQ.TO vs. QQC.TOHXQ.TO vs. XQQ.TOHXQ.TO vs. VFV.TOHXQ.TO vs. QQQHXQ.TO vs. HXS.TOHXQ.TO vs. ZNQ.TOHXQ.TO vs. QQC-F.TO
Often compared with NRGU.TO:
NRGU.TO vs. GDXU.TONRGU.TO vs. SPXU.TONRGU.TO vs. USSL.TONRGU.TO vs. CFOU.TONRGU.TO vs. HCAL.TONRGU.TO vs. QQQL.TONRGU.TO vs. TQQQ.TO

Return for Risk

HXQ.TO vs. NRGU.TO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
HXQ.TO
HXQ.TO Risk / Return Rank: 5151
Overall Rank
HXQ.TO Sharpe Ratio Rank: 5252
Sharpe Ratio Rank
HXQ.TO Sortino Ratio Rank: 5050
Sortino Ratio Rank
HXQ.TO Omega Ratio Rank: 5050
Omega Ratio Rank
HXQ.TO Calmar Ratio Rank: 5353
Calmar Ratio Rank
HXQ.TO Martin Ratio Rank: 4848
Martin Ratio Rank
NRGU.TO
NRGU.TO Risk / Return Rank: 8989
Overall Rank
NRGU.TO Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
NRGU.TO Sortino Ratio Rank: 8686
Sortino Ratio Rank
NRGU.TO Omega Ratio Rank: 8686
Omega Ratio Rank
NRGU.TO Calmar Ratio Rank: 9292
Calmar Ratio Rank
NRGU.TO Martin Ratio Rank: 8686
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

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

This table presents a comparison of risk-adjusted performance metrics for Global X Nasdaq-100 Index Corporate Class ETF (HXQ.TO) and BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF (NRGU.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.

HXQ.TONRGU.TODifference
Sharpe ratioReturn per unit of total volatility
1.25
2.83

-1.58

Sortino ratioReturn per unit of downside risk
1.75
2.94

-1.19

Omega ratioGain probability vs. loss probability

1.23

1.39

-0.16

Calmar ratioReturn relative to maximum drawdown

1.90

4.37

-2.47

Martin ratioReturn relative to average drawdown

5.49

12.67

-7.17

HXQ.TO vs. NRGU.TO - Sharpe Ratio Comparison

The current HXQ.TO Sharpe Ratio is 1.25, which is lower than the NRGU.TO Sharpe Ratio of 2.83. The chart below compares the historical Sharpe Ratios of HXQ.TO and NRGU.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

HXQ.TO vs. NRGU.TO - Drawdown Comparison

The maximum HXQ.TO drawdown since its inception was -31.60%, smaller than the maximum NRGU.TO drawdown of -99.71%. Use the drawdown chart below to compare losses from any high point for HXQ.TO and NRGU.TO.

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Drawdown Indicators

HXQ.TONRGU.TODifference

Max Drawdown

Largest peak-to-trough decline

-31.60%

-99.71%

+68.11%

Max Drawdown (1Y)

Largest decline over 1 year

-12.43%

-31.84%

+19.41%

Max Drawdown (3Y)

Largest decline over 3 years

-22.58%

-51.12%

+28.54%

Max Drawdown (5Y)

Largest decline over 5 years

-31.60%

-52.50%

+20.90%

Max Drawdown (10Y)

Largest decline over 10 years

-31.60%

-97.54%

+65.94%

Current Drawdown

Current decline from peak

-7.80%

-83.63%

+75.83%

Average Drawdown

Average peak-to-trough decline

-5.72%

-83.55%

+77.83%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.30%

11.02%

-6.72%

Volatility

HXQ.TO vs. NRGU.TO - Volatility Comparison

The current volatility for Global X Nasdaq-100 Index Corporate Class ETF (HXQ.TO) is 6.71%, while BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF (NRGU.TO) has a volatility of 16.28%. This indicates that HXQ.TO experiences smaller price fluctuations and is considered to be less risky than NRGU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

HXQ.TONRGU.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

6.71%

16.28%

-9.57%

Volatility (6M)

Calculated over the trailing 6-month period

15.67%

40.80%

-25.13%

Volatility (1Y)

Calculated over the trailing 1-year period

18.98%

49.31%

-30.33%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.29%

57.15%

-35.86%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.07%

66.58%

-45.51%

HXQ.TO vs. NRGU.TO - Expense Ratio Comparison

HXQ.TO has a 0.25% expense ratio, which is lower than NRGU.TO's 1.63% expense ratio.

Dividends

HXQ.TO vs. NRGU.TO - Dividend Comparison

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

Tickers have no history of dividend payments

Frequently Asked Questions

HXQ.TO and NRGU.TO have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, HXQ.TO is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

HXQ.TO is cheaper with a 0.25% expense ratio, compared with 1.63% for NRGU.TO.

HXQ.TO is categorized as Nasdaq-100, while NRGU.TO is Leveraged Equities. HXQ.TO tracks NASDAQ-100 Index, while NRGU.TO tracks S&P/TSX Capped Energy Index. Their fees differ too: 0.25% for HXQ.TO and 1.63% for NRGU.TO.

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