QQQL.TO vs. NRGU.TO
QQQL.TO (Global X Enhanced Nasdaq-100 Index ETF) and NRGU.TO (BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF) are both exchange-traded funds - QQQL.TO is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while NRGU.TO is a Leveraged Equities fund actively managed by Global X. QQQL.TO is passively managed, while NRGU.TO is actively managed. Over the past year, QQQL.TO returned 40.97% vs 113.10% for NRGU.TO. At a 0.06 correlation, their price movements are largely independent.
Performance
QQQL.TO vs. NRGU.TO - Performance Comparison
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Returns By Period
In the year-to-date period, QQQL.TO achieves a 23.90% return, which is significantly lower than NRGU.TO's 75.89% return.
QQQL.TO
- 1D
- -2.57%
- 1M
- -0.39%
- 6M
- 19.14%
- YTD
- 23.90%
- 1Y
- 40.97%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NRGU.TO
- 1D
- 6.31%
- 1M
- -3.46%
- 6M
- 76.21%
- YTD
- 75.89%
- 1Y
- 113.10%
- 3Y*
- 40.23%
- 5Y*
- 47.37%
- 10Y*
- 5.23%
QQQL.TO vs. NRGU.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QQQL.TO Global X Enhanced Nasdaq-100 Index ETF | 23.90% | 16.12% | 21.98% |
NRGU.TO BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF | 75.89% | 21.43% | -19.71% |
Correlation
The correlation between QQQL.TO and NRGU.TO is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since May 27, 2024 | 0.06 |
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Return for Risk
QQQL.TO vs. NRGU.TO — Risk / Return Rank
QQQL.TO
NRGU.TO
QQQL.TO vs. NRGU.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Enhanced Nasdaq-100 Index ETF (QQQL.TO) and BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF (NRGU.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.
| QQQL.TO | NRGU.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.48 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.34 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.18 | 3.57 | -0.40 |
| Martin ratioReturn relative to average drawdown | 8.44 | 10.79 | -2.34 |
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Drawdowns
QQQL.TO vs. NRGU.TO - Drawdown Comparison
The maximum QQQL.TO drawdown since its inception was -27.82%, smaller than the maximum NRGU.TO drawdown of -99.71%. Use the drawdown chart below to compare losses from any high point for QQQL.TO and NRGU.TO.
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Drawdown Indicators
| QQQL.TO | NRGU.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.82% | -99.71% | +71.89% |
Max Drawdown (1Y)Largest decline over 1 year | -13.02% | -31.84% | +18.82% |
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 | -4.81% | -85.57% | +80.76% |
Average DrawdownAverage peak-to-trough decline | -4.80% | -83.55% | +78.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.88% | 10.53% | -5.65% |
Volatility
QQQL.TO vs. NRGU.TO - Volatility Comparison
The current volatility for Global X Enhanced Nasdaq-100 Index ETF (QQQL.TO) is 10.23%, while BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF (NRGU.TO) has a volatility of 16.66%. This indicates that QQQL.TO experiences smaller price fluctuations and is considered to be less risky than NRGU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QQQL.TO | NRGU.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.23% | 16.66% | -6.43% |
Volatility (6M)Calculated over the trailing 6-month period | 17.55% | 40.62% | -23.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.06% | 48.35% | -26.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.33% | 57.30% | -30.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.33% | 66.56% | -40.23% |
Dividends
QQQL.TO vs. NRGU.TO - Dividend Comparison
Neither QQQL.TO nor NRGU.TO has paid dividends to shareholders.
Frequently Asked Questions
QQQL.TO and NRGU.TO have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QQQL.TO is categorized as Nasdaq-100, while NRGU.TO is Leveraged Equities.
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