PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
QQU.TO vs. CFOU.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

QQU.TO vs. CFOU.TO

Last updated Jun 5, 2026

QQU.TO (BetaPro NASDAQ-100 2x Daily Bull ETF) and CFOU.TO (BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF) are both exchange-traded funds - QQU.TO is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while CFOU.TO is a Leveraged Equities fund tracking the S&P/TSX Capped Financials Index. Both are passively managed. Over the past 10 years, QQU.TO returned 32.96%/yr vs 23.35%/yr for CFOU.TO. A 0.54 correlation means they provide meaningful diversification when combined. QQU.TO charges 1.46%/yr vs 1.52%/yr for CFOU.TO.

Performance

QQU.TO vs. CFOU.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in BetaPro NASDAQ-100 2x Daily Bull ETF (QQU.TO) and BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF (CFOU.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, QQU.TO achieves a 39.04% return, which is significantly higher than CFOU.TO's 27.75% return. Over the past 10 years, QQU.TO has outperformed CFOU.TO with an annualized return of 32.96%, while CFOU.TO has yielded a comparatively lower 23.35% annualized return.

QQU.TO

1D
-1.13%
1M
17.08%
YTD
39.04%
6M
34.49%
1Y
77.53%
3Y*
46.17%
5Y*
22.66%
10Y*
32.96%

CFOU.TO

1D
3.68%
1M
12.30%
YTD
27.75%
6M
35.24%
1Y
96.97%
3Y*
59.80%
5Y*
29.38%
10Y*
23.35%
*Multi-year figures are annualized to reflect compound growth (CAGR)

QQU.TO vs. CFOU.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
QQU.TO
BetaPro NASDAQ-100 2x Daily Bull ETF		39.04%26.77%40.01%114.00%-61.73%52.20%83.84%80.24%-11.03%68.57%
CFOU.TO
BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF		27.75%69.17%56.15%18.37%-23.64%79.61%-14.70%40.45%-21.67%22.44%

Correlation

The correlation between QQU.TO and CFOU.TO is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.54

Correlation (3Y)
Calculated over the trailing 3-year period

0.51

Correlation (5Y)
Calculated over the trailing 5-year period

0.54

Correlation (10Y)
Calculated over the trailing 10-year period

0.48

Correlation (All Time)
Calculated using the full available price history since Jun 19, 2008

0.54

The correlation between QQU.TO and CFOU.TO has been stable across timeframes, ranging from 0.48 to 0.54 - a consistent structural relationship.

QQU.TO vs. CFOU.TO - Sectors Allocation Comparison

Sectors
QQU.TO
CFOU.TO

Technology

53.7%

-

Communication Services

15.8%

-

Consumer Cyclical

12.2%

-

Consumer Defensive

7.7%

-

Healthcare

4.2%

-

Industrials

3.1%

-

Utilities

1.4%

-

Basic Materials

1.1%

-

Energy

0.6%

-

Financial Services

0.2%
100.0%

Real Estate

0.1%

-

Technology

QQU.TO
53.7%
CFOU.TO

-

Communication Services

QQU.TO
15.8%
CFOU.TO

-

Consumer Cyclical

QQU.TO
12.2%
CFOU.TO

-

Consumer Defensive

QQU.TO
7.7%
CFOU.TO

-

Healthcare

QQU.TO
4.2%
CFOU.TO

-

Industrials

QQU.TO
3.1%
CFOU.TO

-

Utilities

QQU.TO
1.4%
CFOU.TO

-

Basic Materials

QQU.TO
1.1%
CFOU.TO

-

Energy

QQU.TO
0.6%
CFOU.TO

-

Financial Services

QQU.TO
0.2%
CFOU.TO
100.0%

Real Estate

QQU.TO
0.1%
CFOU.TO

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

BetaPro NASDAQ-100 2x Daily Bull ETF

BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF

Often compared with QQU.TO:
QQU.TO vs. QLDQQU.TO vs. TQQQQQU.TO vs. QQC.TOQQU.TO vs. XQQU.TOQQU.TO vs. VCN.TOQQU.TO vs. XQQ.TOQQU.TO vs. ZQQ.TO
Often compared with CFOU.TO:
CFOU.TO vs. METE.TOCFOU.TO vs. TCND.TOCFOU.TO vs. CACE.TOCFOU.TO vs. HBNK.TOCFOU.TO vs. RBNK.TOCFOU.TO vs. XCSR.TOCFOU.TO vs. ZEB.TO

Return for Risk

QQU.TO vs. CFOU.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QQU.TO
QQU.TO Risk / Return Rank: 6565
Overall Rank
QQU.TO Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
QQU.TO Sortino Ratio Rank: 6565
Sortino Ratio Rank
QQU.TO Omega Ratio Rank: 6565
Omega Ratio Rank
QQU.TO Calmar Ratio Rank: 6262
Calmar Ratio Rank
QQU.TO Martin Ratio Rank: 5959
Martin Ratio Rank
CFOU.TO
CFOU.TO Risk / Return Rank: 9393
Overall Rank
CFOU.TO Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
CFOU.TO Sortino Ratio Rank: 9494
Sortino Ratio Rank
CFOU.TO Omega Ratio Rank: 9292
Omega Ratio Rank
CFOU.TO Calmar Ratio Rank: 9292
Calmar Ratio Rank
CFOU.TO Martin Ratio Rank: 9393
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.

QQU.TO vs. CFOU.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BetaPro NASDAQ-100 2x Daily Bull ETF (QQU.TO) and BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF (CFOU.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.

QQU.TOCFOU.TODifference
Sharpe ratioReturn per unit of total volatility
2.46
3.91

-1.45

Sortino ratioReturn per unit of downside risk
2.95
4.68

-1.72

Omega ratioGain probability vs. loss probability

1.38

1.61

-0.22

Calmar ratioReturn relative to maximum drawdown

3.01

6.06

-3.05

Martin ratioReturn relative to average drawdown

10.32

24.79

-14.47

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QQU.TO vs. CFOU.TO - Sharpe Ratio Comparison

The current QQU.TO Sharpe Ratio is 2.46, which is lower than the CFOU.TO Sharpe Ratio of 3.91. The chart below compares the historical Sharpe Ratios of QQU.TO and CFOU.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.

Loading charts...

Sharpe Ratios by Period

QQU.TOCFOU.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.46

3.91

-1.45

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.51

1.07

-0.56

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.74

0.69

+0.05

Sharpe Ratio (All Time)

Calculated using the full available price history

0.55

0.34

+0.21

Drawdowns

QQU.TO vs. CFOU.TO - Drawdown Comparison

The maximum QQU.TO drawdown since its inception was -78.51%, smaller than the maximum CFOU.TO drawdown of -86.23%. Use the drawdown chart below to compare losses from any high point for QQU.TO and CFOU.TO.

Loading charts...

Drawdown Indicators

QQU.TOCFOU.TODifference

Max Drawdown

Largest peak-to-trough decline

-78.51%

-86.23%

+7.72%

Max Drawdown (1Y)

Largest decline over 1 year

-25.85%

-16.08%

-9.77%

Max Drawdown (3Y)

Largest decline over 3 years

-43.00%

-24.95%

-18.05%

Max Drawdown (5Y)

Largest decline over 5 years

-64.83%

-45.23%

-19.60%

Max Drawdown (10Y)

Largest decline over 10 years

-64.83%

-67.29%

+2.46%

Current Drawdown

Current decline from peak

-1.60%

0.00%

-1.60%

Average Drawdown

Average peak-to-trough decline

-17.02%

-22.46%

+5.44%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.54%

3.93%

+3.61%

Volatility

QQU.TO vs. CFOU.TO - Volatility Comparison

BetaPro NASDAQ-100 2x Daily Bull ETF (QQU.TO) has a higher volatility of 9.28% compared to BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF (CFOU.TO) at 8.75%. This indicates that QQU.TO's price experiences larger fluctuations and is considered to be riskier than CFOU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

QQU.TOCFOU.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

9.28%

8.75%

+0.53%

Volatility (6M)

Calculated over the trailing 6-month period

24.30%

21.17%

+3.13%

Volatility (1Y)

Calculated over the trailing 1-year period

31.70%

24.93%

+6.77%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

44.84%

27.61%

+17.23%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

44.85%

33.86%

+10.99%

QQU.TO vs. CFOU.TO - Expense Ratio Comparison

QQU.TO has a 1.46% expense ratio, which is lower than CFOU.TO's 1.52% expense ratio.

Dividends

QQU.TO vs. CFOU.TO - Dividend Comparison

Neither QQU.TO nor CFOU.TO has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

QQU.TO and CFOU.TO have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, QQU.TO is cheaper at 1.46% per year. The better choice depends on whether you care most about return, fees, risk, or income.

QQU.TO is cheaper with a 1.46% expense ratio, compared with 1.52% for CFOU.TO.

QQU.TO is categorized as Nasdaq-100, while CFOU.TO is Leveraged Equities. QQU.TO tracks NASDAQ-100 Index, while CFOU.TO tracks S&P/TSX Capped Financials Index. Their fees differ too: 1.46% for QQU.TO and 1.52% for CFOU.TO.

Portfolio Optimizer

Find the right allocation for QQU.TO and CFOU.TO

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer