NRGU.TO vs. ENBE.TO
NRGU.TO (BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF) and ENBE.TO (Harvest Enbridge Enhanced High Income Shares ETF) are both exchange-traded funds - NRGU.TO is a Leveraged Equities fund tracking the S&P/TSX Capped Energy Index, while ENBE.TO is a Derivative Income fund actively managed by Harvest. NRGU.TO is passively managed, while ENBE.TO is actively managed. Their 0.31 correlation means their historical movements had little consistent relationship. NRGU.TO charges 1.63%/yr vs 0.40%/yr for ENBE.TO.
Performance
NRGU.TO vs. ENBE.TO - Performance Comparison
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Returns By Period
In the year-to-date period, NRGU.TO achieves a 99.60% return, which is significantly higher than ENBE.TO's 20.40% return.
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%
ENBE.TO
- 1D
- -1.28%
- 1M
- -0.09%
- 6M
- 20.42%
- YTD
- 20.40%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$135.36K | CA$104.71K | CA$69.67K | |
| CA$4.58M | CA$4.06M | CA$3.94M |
NRGU.TO vs. ENBE.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NRGU.TO BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF | 99.60% | 28.30% |
ENBE.TO Harvest Enbridge Enhanced High Income Shares ETF | 20.40% | -0.98% |
Correlation
The correlation between NRGU.TO and ENBE.TO is 0.31, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 21, 2025 | 0.31 |
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Return for Risk
NRGU.TO vs. ENBE.TO — Risk / Return Rank
NRGU.TO
ENBE.TO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NRGU.TO vs. ENBE.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF (NRGU.TO) and Harvest Enbridge Enhanced High Income Shares ETF (ENBE.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.
| NRGU.TO | ENBE.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.39 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.37 | — | — |
| Martin ratioReturn relative to average drawdown | 12.67 | — | — |
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Drawdowns
NRGU.TO vs. ENBE.TO - Drawdown Comparison
The maximum NRGU.TO drawdown since its inception was -99.71%, which is greater than ENBE.TO's maximum drawdown of -11.28%. Use the drawdown chart below to compare losses from any high point for NRGU.TO and ENBE.TO.
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Drawdown Indicators
| NRGU.TO | ENBE.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.71% | -11.28% | -88.43% |
Max Drawdown (1Y)Largest decline over 1 year | -31.84% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -51.12% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -52.50% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -97.54% | — | — |
Current DrawdownCurrent decline from peak | -83.63% | -5.26% | -78.37% |
Average DrawdownAverage peak-to-trough decline | -83.55% | -3.14% | -80.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.02% | — | — |
Volatility
NRGU.TO vs. ENBE.TO - Volatility Comparison
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Volatility by Period
| NRGU.TO | ENBE.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.28% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 40.80% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 49.31% | 18.34% | +30.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.15% | 18.34% | +38.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 66.58% | 18.34% | +48.24% |
NRGU.TO vs. ENBE.TO - Expense Ratio Comparison
NRGU.TO has a 1.63% expense ratio, which is higher than ENBE.TO's 0.40% expense ratio.
Dividends
NRGU.TO vs. ENBE.TO - Dividend Comparison
NRGU.TO has not paid dividends to shareholders, while ENBE.TO's dividend yield for the trailing twelve months is around 10.95%.
| Position | TTM | 2025 |
|---|---|---|
ENBE.TO Harvest Enbridge Enhanced High Income Shares ETF | 10.95% | 4.47% |
NRGU.TO BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF | 0.00% | 0.00% |
Frequently Asked Questions
NRGU.TO and ENBE.TO have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ENBE.TO is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ENBE.TO is cheaper with a 0.40% expense ratio, compared with 1.63% for NRGU.TO.
NRGU.TO is categorized as Leveraged Equities, while ENBE.TO is Derivative Income. They also come from different issuers: Global X and Harvest. Their fees differ too: 1.63% for NRGU.TO and 0.40% for ENBE.TO.
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