NRGU.TO vs. HXS.TO
NRGU.TO (BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF) and HXS.TO (Global X S&P 500 Index Corporate Class ETF) are both exchange-traded funds - NRGU.TO is a Leveraged Equities fund actively managed by Global X, while HXS.TO is a S&P 500 fund tracking the S&P 500 Index. NRGU.TO is actively managed, while HXS.TO is passively managed. Over the past 5 years, NRGU.TO returned 39.04%/yr vs 15.94%/yr for HXS.TO. At a 0.22 correlation, their price movements are largely independent.
Performance
NRGU.TO vs. HXS.TO - Performance Comparison
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Returns By Period
In the year-to-date period, NRGU.TO achieves a 48.99% return, which is significantly higher than HXS.TO's 13.44% return.
NRGU.TO
- 1D
- -0.51%
- 1M
- -15.98%
- YTD
- 48.99%
- 6M
- 47.81%
- 1Y
- 91.01%
- 3Y*
- 33.54%
- 5Y*
- 39.04%
- 10Y*
- 3.88%
HXS.TO
- 1D
- 0.63%
- 1M
- 1.77%
- YTD
- 13.44%
- 6M
- 12.73%
- 1Y
- 26.56%
- 3Y*
- 22.71%
- 5Y*
- 15.94%
- 10Y*
- —
NRGU.TO vs. HXS.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
NRGU.TO BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF | 48.99% | 21.43% | 16.67% | -5.38% | 96.21% | 201.95% | -76.24% | -15.32% |
HXS.TO Global X S&P 500 Index Corporate Class ETF | 13.44% | 11.93% | 34.98% | 23.22% | -12.72% | 27.30% | 15.78% | 15.85% |
Correlation
The correlation between NRGU.TO and HXS.TO is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Feb 21, 2019 | 0.22 |
The correlation between NRGU.TO and HXS.TO shifts across timeframes, from -0.10 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NRGU.TO vs. HXS.TO — Risk / Return Rank
NRGU.TO
HXS.TO
NRGU.TO vs. HXS.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 Global X S&P 500 Index Corporate Class ETF (HXS.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 | HXS.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.66 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.39 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.89 | 3.05 | -0.17 |
| Martin ratioReturn relative to average drawdown | 9.72 | 11.35 | -1.63 |
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Drawdowns
NRGU.TO vs. HXS.TO - Drawdown Comparison
The maximum NRGU.TO drawdown since its inception was -99.71%, which is greater than HXS.TO's maximum drawdown of -27.41%. Use the drawdown chart below to compare losses from any high point for NRGU.TO and HXS.TO.
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Drawdown Indicators
| NRGU.TO | HXS.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.71% | -27.41% | -72.30% |
Max Drawdown (1Y)Largest decline over 1 year | -31.71% | -8.74% | -22.97% |
Max Drawdown (3Y)Largest decline over 3 years | -51.12% | -18.98% | -32.14% |
Max Drawdown (5Y)Largest decline over 5 years | -52.50% | -22.63% | -29.87% |
Max Drawdown (10Y)Largest decline over 10 years | -97.54% | — | — |
Current DrawdownCurrent decline from peak | -87.78% | -0.42% | -87.36% |
Average DrawdownAverage peak-to-trough decline | -83.54% | -4.25% | -79.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.40% | 2.35% | +7.05% |
Volatility
NRGU.TO vs. HXS.TO - Volatility Comparison
BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF (NRGU.TO) has a higher volatility of 16.68% compared to Global X S&P 500 Index Corporate Class ETF (HXS.TO) at 4.85%. This indicates that NRGU.TO's price experiences larger fluctuations and is considered to be riskier than HXS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NRGU.TO | HXS.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.68% | 4.85% | +11.83% |
Volatility (6M)Calculated over the trailing 6-month period | 40.33% | 9.75% | +30.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.14% | 12.39% | +34.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.20% | 15.27% | +41.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 66.50% | 17.73% | +48.77% |
Dividends
NRGU.TO vs. HXS.TO - Dividend Comparison
Neither NRGU.TO nor HXS.TO has paid dividends to shareholders.
Frequently Asked Questions
NRGU.TO and HXS.TO have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NRGU.TO is categorized as Leveraged Equities, while HXS.TO is S&P 500.
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