MON100.NS vs. HQU.TO

Last updated Jun 5, 2026

MON100.NS (Motilal Oswal NASDAQ 100 ETF) and HQU.TO (BetaPro NASDAQ-100 2x Daily Bull ETF) are both Nasdaq-100 funds. Over the past 10 years, MON100.NS returned 27.88%/yr vs 32.30%/yr for HQU.TO. At a 0.07 correlation, their price movements are largely independent.

Performance

MON100.NS vs. HQU.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Motilal Oswal NASDAQ 100 ETF (MON100.NS) and BetaPro NASDAQ-100 2x Daily Bull ETF (HQU.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

MON100.NS is traded in USD, while HQU.TO is traded in CAD. To make them comparable, the HQU.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, MON100.NS achieves a 47.10% return, which is significantly higher than HQU.TO's 38.96% return. Over the past 10 years, MON100.NS has underperformed HQU.TO with an annualized return of 27.88%, while HQU.TO has yielded a comparatively higher 32.30% annualized return.

MON100.NS

• 1D: 0.77%
• 1M: 12.11%
• YTD: 47.10%
• 6M: 45.21%
• 1Y: 88.63%
• 3Y*: 43.35%
• 5Y*: 28.48%
• 10Y*: 27.88%

HQU.TO

• 1D: -0.83%
• 1M: 16.07%
• YTD: 38.96%
• 6M: 36.70%
• 1Y: 76.70%
• 3Y*: 45.11%
• 5Y*: 19.55%
• 10Y*: 32.30%

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

MON100.NS vs. HQU.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MON100.NS Motilal Oswal NASDAQ 100 ETF	47.10%	8.64%	56.36%	53.45%	-26.09%	30.21%	50.75%	39.89%	-9.38%	36.62%
HQU.TO BetaPro NASDAQ-100 2x Daily Bull ETF	38.96%	32.84%	28.95%	118.87%	-64.29%	53.33%	87.52%	89.25%	-17.94%	80.21%

Correlation

The correlation between MON100.NS and HQU.TO is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (10Y) Calculated over the trailing 10-year period	0.12
Correlation (All Time) Calculated using the full available price history since Apr 1, 2011	0.07

Return for Risk

MON100.NS vs. HQU.TO — Risk / Return Rank

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

MON100.NS

MON100.NS Risk / Return Rank: 94
MON100.NS Sharpe Ratio Rank: 97
MON100.NS Sortino Ratio Rank: 97
MON100.NS Omega Ratio Rank: 96
MON100.NS Calmar Ratio Rank: 94
MON100.NS Martin Ratio Rank: 86

HQU.TO

HQU.TO Risk / Return Rank: 68
HQU.TO Sharpe Ratio Rank: 80
HQU.TO Sortino Ratio Rank: 68
HQU.TO Omega Ratio Rank: 67
HQU.TO Calmar Ratio Rank: 64
HQU.TO Martin Ratio Rank: 61

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.

MON100.NS vs. HQU.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Motilal Oswal NASDAQ 100 ETF (MON100.NS) and BetaPro NASDAQ-100 2x Daily Bull ETF (HQU.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.

	MON100.NS	HQU.TO	Difference
Sharpe ratio: Return per unit of total volatility	4.42	2.38	+2.04
Sortino ratio: Return per unit of downside risk	6.36	2.90	+3.47
Omega ratio: Gain probability vs. loss probability	1.79	1.37	+0.42
Calmar ratio: Return relative to maximum drawdown	7.01	3.06	+3.95
Martin ratio: Return relative to average drawdown	18.11	11.13	+6.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MON100.NS vs. HQU.TO - Sharpe Ratio Comparison

The current MON100.NS Sharpe Ratio is 4.42, which is higher than the HQU.TO Sharpe Ratio of 2.38. The chart below compares the historical Sharpe Ratios of MON100.NS and HQU.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.

Sharpe Ratios by Period

	MON100.NS	HQU.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.42	2.38	+2.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.41	0.41	+1.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.23	0.68	+0.55
Sharpe Ratio (All Time) Calculated using the full available price history	1.05	0.17	+0.87

Drawdowns

MON100.NS vs. HQU.TO - Drawdown Comparison

The maximum MON100.NS drawdown since its inception was -36.27%, smaller than the maximum HQU.TO drawdown of -76.46%. Use the drawdown chart below to compare losses from any high point for MON100.NS and HQU.TO.

Drawdown Indicators

	MON100.NS	HQU.TO	Difference
Max Drawdown Largest peak-to-trough decline	-36.27%	-76.46%	+40.19%
Max Drawdown (1Y) Largest decline over 1 year	-13.06%	-25.71%	+12.65%
Max Drawdown (3Y) Largest decline over 3 years	-25.76%	-43.07%	+17.31%
Max Drawdown (5Y) Largest decline over 5 years	-28.34%	-67.30%	+38.96%
Max Drawdown (10Y) Largest decline over 10 years	-36.27%	-67.30%	+31.03%
Current Drawdown Current decline from peak	0.00%	-0.83%	+0.83%
Average Drawdown Average peak-to-trough decline	-7.26%	-33.28%	+26.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.00%	7.05%	-2.05%

Volatility

MON100.NS vs. HQU.TO - Volatility Comparison

The current volatility for Motilal Oswal NASDAQ 100 ETF (MON100.NS) is 4.73%, while BetaPro NASDAQ-100 2x Daily Bull ETF (HQU.TO) has a volatility of 9.50%. This indicates that MON100.NS experiences smaller price fluctuations and is considered to be less risky than HQU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MON100.NS	HQU.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.73%	9.50%	-4.77%
Volatility (6M) Calculated over the trailing 6-month period	15.94%	25.40%	-9.46%
Volatility (1Y) Calculated over the trailing 1-year period	20.73%	33.13%	-12.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.58%	47.78%	-27.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.17%	47.65%	-24.48%

Dividends

MON100.NS vs. HQU.TO - Dividend Comparison

Neither MON100.NS nor HQU.TO has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both MON100.NS and HQU.TO in my portfolio?

MON100.NS and HQU.TO have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between MON100.NS and HQU.TO?

They also come from different issuers: Motilal Oswal and Global X.