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NUBF.TO vs. HAF.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

NUBF.TO vs. HAF.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in NBI Unconstrained Fixed Income ETF (NUBF.TO) and Global X Active Global Fixed Income ETF (HAF.TO). The values are adjusted to include any dividend payments, if applicable.

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NUBF.TO vs. HAF.TO - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
NUBF.TO
NBI Unconstrained Fixed Income ETF
-1.28%6.66%1.49%5.75%-6.23%0.36%6.24%0.22%
HAF.TO
Global X Active Global Fixed Income ETF
0.10%2.56%3.65%10.92%-6.00%1.88%2.75%1.05%

Returns By Period

In the year-to-date period, NUBF.TO achieves a -1.28% return, which is significantly lower than HAF.TO's 0.10% return.


NUBF.TO

1D
1.41%
1M
-3.32%
YTD
-1.28%
6M
-1.13%
1Y
4.26%
3Y*
3.58%
5Y*
1.19%
10Y*

HAF.TO

1D
0.53%
1M
-1.49%
YTD
0.10%
6M
0.50%
1Y
0.90%
3Y*
5.00%
5Y*
2.46%
10Y*
2.99%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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NUBF.TO vs. HAF.TO - Expense Ratio Comparison

NUBF.TO has a 0.78% expense ratio, which is higher than HAF.TO's 0.59% expense ratio.


Return for Risk

NUBF.TO vs. HAF.TO — Risk / Return Rank

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

NUBF.TO
NUBF.TO Risk / Return Rank: 3636
Overall Rank
NUBF.TO Sharpe Ratio Rank: 3737
Sharpe Ratio Rank
NUBF.TO Sortino Ratio Rank: 3535
Sortino Ratio Rank
NUBF.TO Omega Ratio Rank: 3333
Omega Ratio Rank
NUBF.TO Calmar Ratio Rank: 3535
Calmar Ratio Rank
NUBF.TO Martin Ratio Rank: 4040
Martin Ratio Rank

HAF.TO
HAF.TO Risk / Return Rank: 1515
Overall Rank
HAF.TO Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
HAF.TO Sortino Ratio Rank: 1313
Sortino Ratio Rank
HAF.TO Omega Ratio Rank: 1313
Omega Ratio Rank
HAF.TO Calmar Ratio Rank: 1919
Calmar Ratio Rank
HAF.TO Martin Ratio Rank: 1717
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.

NUBF.TO vs. HAF.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NBI Unconstrained Fixed Income ETF (NUBF.TO) and Global X Active Global Fixed Income ETF (HAF.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.


NUBF.TOHAF.TODifference

Sharpe ratio

Return per unit of total volatility

0.71

0.13

+0.59

Sortino ratio

Return per unit of downside risk

1.06

0.23

+0.83

Omega ratio

Gain probability vs. loss probability

1.14

1.03

+0.11

Calmar ratio

Return relative to maximum drawdown

0.89

0.34

+0.56

Martin ratio

Return relative to average drawdown

3.77

0.74

+3.04

NUBF.TO vs. HAF.TO - Sharpe Ratio Comparison

The current NUBF.TO Sharpe Ratio is 0.71, which is higher than the HAF.TO Sharpe Ratio of 0.13. The chart below compares the historical Sharpe Ratios of NUBF.TO and HAF.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


NUBF.TOHAF.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.71

0.13

+0.59

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.17

0.35

-0.17

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.27

Sharpe Ratio (All Time)

Calculated using the full available price history

0.17

0.19

-0.02

Correlation

The correlation between NUBF.TO and HAF.TO is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

NUBF.TO vs. HAF.TO - Dividend Comparison

NUBF.TO's dividend yield for the trailing twelve months is around 4.56%, less than HAF.TO's 5.01% yield.


TTM20252024202320222021202020192018201720162015
NUBF.TO
NBI Unconstrained Fixed Income ETF
4.56%4.45%4.35%3.99%11.20%4.23%1.72%0.55%0.00%0.00%0.00%0.00%
HAF.TO
Global X Active Global Fixed Income ETF
5.01%5.05%5.47%5.34%4.36%2.41%3.08%3.23%2.82%3.11%3.98%3.84%

Drawdowns

NUBF.TO vs. HAF.TO - Drawdown Comparison

The maximum NUBF.TO drawdown since its inception was -16.37%, smaller than the maximum HAF.TO drawdown of -28.04%. Use the drawdown chart below to compare losses from any high point for NUBF.TO and HAF.TO.


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Drawdown Indicators


NUBF.TOHAF.TODifference

Max Drawdown

Largest peak-to-trough decline

-16.37%

-28.04%

+11.67%

Max Drawdown (1Y)

Largest decline over 1 year

-4.66%

-3.87%

-0.79%

Max Drawdown (5Y)

Largest decline over 5 years

-12.37%

-12.30%

-0.07%

Max Drawdown (10Y)

Largest decline over 10 years

-28.04%

Current Drawdown

Current decline from peak

-3.32%

-2.23%

-1.09%

Average Drawdown

Average peak-to-trough decline

-3.33%

-4.07%

+0.74%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.10%

1.76%

-0.66%

Volatility

NUBF.TO vs. HAF.TO - Volatility Comparison

NBI Unconstrained Fixed Income ETF (NUBF.TO) has a higher volatility of 3.01% compared to Global X Active Global Fixed Income ETF (HAF.TO) at 2.32%. This indicates that NUBF.TO's price experiences larger fluctuations and is considered to be riskier than HAF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


NUBF.TOHAF.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.01%

2.32%

+0.69%

Volatility (6M)

Calculated over the trailing 6-month period

4.69%

5.24%

-0.55%

Volatility (1Y)

Calculated over the trailing 1-year period

6.01%

7.18%

-1.17%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

7.00%

7.18%

-0.18%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

11.47%

11.13%

+0.34%