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HXT.TO vs. CFOU.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

HXT.TO vs. CFOU.TO

Last updated Jun 4, 2026

HXT.TO (Global X S&P/TSX 60 Corporate Class ETF) and CFOU.TO (BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF) are both exchange-traded funds - HXT.TO is a Canada Equities fund tracking the S&P/TSX 60 Index, while CFOU.TO is a Leveraged Equities fund tracking the S&P/TSX Capped Financials Index. Both are passively managed. Over the past 10 years, HXT.TO returned 12.71%/yr vs 22.91%/yr for CFOU.TO. A 0.79 correlation means they provide meaningful diversification when combined. HXT.TO charges 0.07%/yr vs 1.52%/yr for CFOU.TO.

Performance

HXT.TO vs. CFOU.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X S&P/TSX 60 Corporate Class ETF (HXT.TO) and BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF (CFOU.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, HXT.TO achieves a 10.03% return, which is significantly lower than CFOU.TO's 23.22% return. Over the past 10 years, HXT.TO has underperformed CFOU.TO with an annualized return of 12.71%, while CFOU.TO has yielded a comparatively higher 22.91% annualized return.

HXT.TO

1D
-0.87%
1M
3.51%
YTD
10.03%
6M
12.04%
1Y
31.51%
3Y*
22.48%
5Y*
14.43%
10Y*
12.71%

CFOU.TO

1D
-1.41%
1M
9.71%
YTD
23.22%
6M
34.47%
1Y
88.95%
3Y*
57.23%
5Y*
28.45%
10Y*
22.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

HXT.TO vs. CFOU.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
HXT.TO
Global X S&P/TSX 60 Corporate Class ETF		10.03%28.74%20.94%12.02%-6.27%28.11%5.36%22.18%-7.89%9.77%
CFOU.TO
BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF		23.22%69.17%56.15%18.37%-23.64%79.61%-14.70%40.45%-21.67%22.44%

Correlation

The correlation between HXT.TO and CFOU.TO is 0.76, 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

0.76

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

0.82

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

0.83

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

0.79

Correlation (All Time)
Calculated using the full available price history since Sep 16, 2010

0.79

The correlation between HXT.TO and CFOU.TO has been stable across timeframes, ranging from 0.76 to 0.83 - a consistent structural relationship.

HXT.TO vs. CFOU.TO - Sectors Allocation Comparison

Sectors
HXT.TO
CFOU.TO

Financial Services

37.3%
100.0%

Energy

15.9%

-

Basic Materials

12.6%

-

Technology

12.0%

-

Industrials

8.9%

-

Consumer Cyclical

3.9%

-

Consumer Defensive

3.6%

-

Utilities

2.9%

-

Communication Services

2.4%

-

Real Estate

0.5%

-

Healthcare

-

-

Financial Services

HXT.TO
37.3%
CFOU.TO
100.0%

Energy

HXT.TO
15.9%
CFOU.TO

-

Basic Materials

HXT.TO
12.6%
CFOU.TO

-

Technology

HXT.TO
12.0%
CFOU.TO

-

Industrials

HXT.TO
8.9%
CFOU.TO

-

Consumer Cyclical

HXT.TO
3.9%
CFOU.TO

-

Consumer Defensive

HXT.TO
3.6%
CFOU.TO

-

Utilities

HXT.TO
2.9%
CFOU.TO

-

Communication Services

HXT.TO
2.4%
CFOU.TO

-

Real Estate

HXT.TO
0.5%
CFOU.TO

-

Healthcare

HXT.TO

-

CFOU.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 S&P/TSX 60 Corporate Class ETF

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

Often compared with HXT.TO:
HXT.TO vs. VCN.TOHXT.TO vs. XIU.TOHXT.TO vs. XIC.TOHXT.TO vs. XEQT.TOHXT.TO vs. VFV.TOHXT.TO vs. HXCN.TOHXT.TO vs. HXH.TO
Often compared with CFOU.TO:
CFOU.TO vs. METE.TOCFOU.TO vs. TCND.TOCFOU.TO vs. HBNK.TOCFOU.TO vs. CACE.TOCFOU.TO vs. RBNK.TOCFOU.TO vs. XCSR.TOCFOU.TO vs. DMEC.TO

Return for Risk

HXT.TO vs. CFOU.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HXT.TO
HXT.TO Risk / Return Rank: 8181
Overall Rank
HXT.TO Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
HXT.TO Sortino Ratio Rank: 7979
Sortino Ratio Rank
HXT.TO Omega Ratio Rank: 8080
Omega Ratio Rank
HXT.TO Calmar Ratio Rank: 7979
Calmar Ratio Rank
HXT.TO Martin Ratio Rank: 8787
Martin Ratio Rank
CFOU.TO
CFOU.TO Risk / Return Rank: 9191
Overall Rank
CFOU.TO Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
CFOU.TO Sortino Ratio Rank: 9292
Sortino Ratio Rank
CFOU.TO Omega Ratio Rank: 8989
Omega Ratio Rank
CFOU.TO Calmar Ratio Rank: 9090
Calmar Ratio Rank
CFOU.TO Martin Ratio Rank: 9292
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.

HXT.TO vs. CFOU.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X S&P/TSX 60 Corporate Class ETF (HXT.TO) and BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF (CFOU.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.

HXT.TOCFOU.TODifference
Sharpe ratioReturn per unit of total volatility
2.70
3.62

-0.92

Sortino ratioReturn per unit of downside risk
3.63
4.39

-0.77

Omega ratioGain probability vs. loss probability

1.49

1.57

-0.08

Calmar ratioReturn relative to maximum drawdown

4.11

5.56

-1.45

Martin ratioReturn relative to average drawdown

19.10

22.74

-3.63

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HXT.TO vs. CFOU.TO - Sharpe Ratio Comparison

The current HXT.TO Sharpe Ratio is 2.70, which is comparable to the CFOU.TO Sharpe Ratio of 3.62. The chart below compares the historical Sharpe Ratios of HXT.TO and CFOU.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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Sharpe Ratios by Period

HXT.TOCFOU.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.70

3.62

-0.92

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.14

1.04

+0.10

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.84

0.68

+0.16

Sharpe Ratio (All Time)

Calculated using the full available price history

0.70

0.33

+0.36

Drawdowns

HXT.TO vs. CFOU.TO - Drawdown Comparison

The maximum HXT.TO drawdown since its inception was -35.48%, smaller than the maximum CFOU.TO drawdown of -86.23%. Use the drawdown chart below to compare losses from any high point for HXT.TO and CFOU.TO.

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Drawdown Indicators

HXT.TOCFOU.TODifference

Max Drawdown

Largest peak-to-trough decline

-35.48%

-86.23%

+50.75%

Max Drawdown (1Y)

Largest decline over 1 year

-7.71%

-16.08%

+8.37%

Max Drawdown (3Y)

Largest decline over 3 years

-12.36%

-24.95%

+12.59%

Max Drawdown (5Y)

Largest decline over 5 years

-16.33%

-45.23%

+28.90%

Max Drawdown (10Y)

Largest decline over 10 years

-35.48%

-67.29%

+31.81%

Current Drawdown

Current decline from peak

-0.87%

-3.23%

+2.36%

Average Drawdown

Average peak-to-trough decline

-4.66%

-22.46%

+17.80%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.65%

3.93%

-2.28%

Volatility

HXT.TO vs. CFOU.TO - Volatility Comparison

The current volatility for Global X S&P/TSX 60 Corporate Class ETF (HXT.TO) is 3.25%, while BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF (CFOU.TO) has a volatility of 8.18%. This indicates that HXT.TO experiences smaller price fluctuations and is considered to be less risky than CFOU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

HXT.TOCFOU.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.25%

8.18%

-4.93%

Volatility (6M)

Calculated over the trailing 6-month period

9.32%

20.93%

-11.61%

Volatility (1Y)

Calculated over the trailing 1-year period

11.71%

24.70%

-12.99%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.76%

27.56%

-14.80%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.17%

33.85%

-18.68%

HXT.TO vs. CFOU.TO - Expense Ratio Comparison

HXT.TO has a 0.07% expense ratio, which is lower than CFOU.TO's 1.52% expense ratio.

Dividends

HXT.TO vs. CFOU.TO - Dividend Comparison

Neither HXT.TO nor CFOU.TO has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

HXT.TO and CFOU.TO have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, HXT.TO is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

HXT.TO is cheaper with a 0.07% expense ratio, compared with 1.52% for CFOU.TO.

HXT.TO is categorized as Canada Equities, while CFOU.TO is Leveraged Equities. HXT.TO tracks S&P/TSX 60 Index, while CFOU.TO tracks S&P/TSX Capped Financials Index. Their fees differ too: 0.07% for HXT.TO and 1.52% for CFOU.TO.

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