HXT.TO vs. HAL.TO
HXT.TO (Global X S&P/TSX 60 Corporate Class ETF) and HAL.TO (Global X Active Canadian Dividend ETF) are both Canada Equities funds from Global X. HXT.TO is passively managed, while HAL.TO is actively managed. Over the past 10 years, HXT.TO returned 12.71%/yr vs 11.69%/yr for HAL.TO. A 0.64 correlation means they provide meaningful diversification when combined. HXT.TO charges 0.07%/yr vs 0.67%/yr for HAL.TO.
Performance
HXT.TO vs. HAL.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HXT.TO achieves a 10.03% return, which is significantly lower than HAL.TO's 17.28% return. Over the past 10 years, HXT.TO has outperformed HAL.TO with an annualized return of 12.71%, while HAL.TO has yielded a comparatively lower 11.69% 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%
HAL.TO
- 1D
- 1.49%
- 1M
- 3.85%
- YTD
- 17.28%
- 6M
- 20.97%
- 1Y
- 42.29%
- 3Y*
- 21.26%
- 5Y*
- 14.92%
- 10Y*
- 11.69%
HXT.TO vs. HAL.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
HAL.TO Global X Active Canadian Dividend ETF | 17.28% | 24.60% | 21.69% | -0.73% | 3.43% | 21.17% | -2.64% | 25.04% | -6.22% | 7.10% |
Correlation
The correlation between HXT.TO and HAL.TO is 0.67, 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 | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2010 | 0.64 |
The correlation between HXT.TO and HAL.TO shifts across timeframes, from 0.64 (all time) to 0.80 (5 years), reflecting how their relationship changes across market environments.
HXT.TO vs. HAL.TO - Sectors Allocation Comparison
Sectors
HXT.TO
HAL.TO
Financial Services
Energy
Basic Materials
Technology
-
Industrials
Consumer Cyclical
Consumer Defensive
Utilities
Communication Services
-
Real Estate
Healthcare
-
-
Financial Services
HXT.TO
HAL.TO
Energy
HXT.TO
HAL.TO
Basic Materials
HXT.TO
HAL.TO
Technology
HXT.TO
HAL.TO
-
Industrials
HXT.TO
HAL.TO
Consumer Cyclical
HXT.TO
HAL.TO
Consumer Defensive
HXT.TO
HAL.TO
Utilities
HXT.TO
HAL.TO
Communication Services
HXT.TO
HAL.TO
-
Real Estate
HXT.TO
HAL.TO
Healthcare
HXT.TO
-
HAL.TO
-
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HXT.TO vs. HAL.TO — Risk / Return Rank
HXT.TO
HAL.TO
HXT.TO vs. HAL.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 Global X Active Canadian Dividend ETF (HAL.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.TO | HAL.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.76 | ||
| Sortino ratioReturn per unit of downside risk | -2.41 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.93 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | 4.11 | 8.26 | -4.15 |
| Martin ratioReturn relative to average drawdown | 19.10 | 37.67 | -18.57 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| HXT.TO | HAL.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.70 | 4.46 | -1.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.14 | 1.21 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | 0.79 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.79 | -0.10 |
Drawdowns
HXT.TO vs. HAL.TO - Drawdown Comparison
The maximum HXT.TO drawdown since its inception was -35.48%, smaller than the maximum HAL.TO drawdown of -39.70%. Use the drawdown chart below to compare losses from any high point for HXT.TO and HAL.TO.
Loading charts...
Drawdown Indicators
| HXT.TO | HAL.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.48% | -39.70% | +4.22% |
Max Drawdown (1Y)Largest decline over 1 year | -7.71% | -5.15% | -2.56% |
Max Drawdown (3Y)Largest decline over 3 years | -12.36% | -12.44% | +0.08% |
Max Drawdown (5Y)Largest decline over 5 years | -16.33% | -16.43% | +0.10% |
Max Drawdown (10Y)Largest decline over 10 years | -35.48% | -39.70% | +4.22% |
Current DrawdownCurrent decline from peak | -0.87% | 0.00% | -0.87% |
Average DrawdownAverage peak-to-trough decline | -4.66% | -4.19% | -0.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.65% | 1.13% | +0.52% |
Volatility
HXT.TO vs. HAL.TO - Volatility Comparison
Global X S&P/TSX 60 Corporate Class ETF (HXT.TO) has a higher volatility of 3.25% compared to Global X Active Canadian Dividend ETF (HAL.TO) at 2.48%. This indicates that HXT.TO's price experiences larger fluctuations and is considered to be riskier than HAL.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HXT.TO | HAL.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.25% | 2.48% | +0.77% |
Volatility (6M)Calculated over the trailing 6-month period | 9.32% | 7.85% | +1.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.71% | 9.53% | +2.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.76% | 12.36% | +0.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.17% | 14.85% | +0.32% |
HXT.TO vs. HAL.TO - Expense Ratio Comparison
HXT.TO has a 0.07% expense ratio, which is lower than HAL.TO's 0.67% expense ratio.
Dividends
HXT.TO vs. HAL.TO - Dividend Comparison
HXT.TO has not paid dividends to shareholders, while HAL.TO's dividend yield for the trailing twelve months is around 1.97%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HAL.TO Global X Active Canadian Dividend ETF | 1.97% | 2.37% | 2.79% | 3.60% | 4.84% | 2.99% | 3.56% | 2.96% | 3.43% | 3.17% | 2.84% | 3.19% |
HXT.TO Global X S&P/TSX 60 Corporate Class ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
HXT.TO and HAL.TO have a correlation of 0.67, 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 0.67% for HAL.TO.
Their fees differ too: 0.07% for HXT.TO and 0.67% for HAL.TO.
Find the right allocation for HXT.TO and HAL.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer