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QQU.TO vs. NRGU.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

QQU.TO vs. NRGU.TO

Last updated Jul 18, 2026
Documentation

QQU.TO (BetaPro NASDAQ-100 2x Daily Bull ETF) and NRGU.TO (BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF) are both exchange-traded funds - QQU.TO is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while NRGU.TO is a Leveraged Equities fund actively managed by Global X. QQU.TO is passively managed, while NRGU.TO is actively managed. Over the past 10 years, QQU.TO returned 30.76%/yr vs 5.44%/yr for NRGU.TO. At a 0.34 correlation, their price movements are largely independent.

Performance

QQU.TO vs. NRGU.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 Energy 2x Daily Bull ETF (NRGU.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, QQU.TO achieves a 20.35% return, which is significantly lower than NRGU.TO's 78.12% return. Over the past 10 years, QQU.TO has outperformed NRGU.TO with an annualized return of 30.76%, while NRGU.TO has yielded a comparatively lower 5.44% annualized return.

QQU.TO

1D
-3.07%
1M
-8.25%
6M
18.04%
YTD
20.35%
1Y
37.62%
3Y*
32.14%
5Y*
16.22%
10Y*
30.76%

NRGU.TO

1D
3.90%
1M
10.60%
6M
61.19%
YTD
78.12%
1Y
124.13%
3Y*
39.45%
5Y*
50.62%
10Y*
5.44%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)202520242023202220212020201920182017
QQU.TO
BetaPro NASDAQ-100 2x Daily Bull ETF		20.35%26.77%40.01%114.00%-61.73%52.24%83.67%80.29%-11.04%68.61%
NRGU.TO
BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF		78.12%21.43%16.67%-5.38%96.21%201.95%-76.24%9.01%-51.57%-25.98%

Correlation

The correlation between QQU.TO and NRGU.TO is -0.14, 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

-0.14

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

0.05

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

0.16

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

0.22

Correlation (All Time)
Calculated using the full available price history since Dec 1, 2008

0.34

The correlation between QQU.TO and NRGU.TO shifts across timeframes, from -0.14 (1 year) to 0.34 (all time), reflecting how their relationship changes across market environments.

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

Sectors
QQU.TO
NRGU.TO

Technology

58.5%

-

Communication Services

14.3%

-

Consumer Cyclical

11.4%

-

Consumer Defensive

6.4%

-

Healthcare

3.7%

-

Industrials

2.8%

-

Utilities

1.2%

-

Basic Materials

1.0%

-

Energy

0.5%
100.0%

Financial Services

0.2%

-

Real Estate

0.1%

-

Technology

QQU.TO
58.5%
NRGU.TO

-

Communication Services

QQU.TO
14.3%
NRGU.TO

-

Consumer Cyclical

QQU.TO
11.4%
NRGU.TO

-

Consumer Defensive

QQU.TO
6.4%
NRGU.TO

-

Healthcare

QQU.TO
3.7%
NRGU.TO

-

Industrials

QQU.TO
2.8%
NRGU.TO

-

Utilities

QQU.TO
1.2%
NRGU.TO

-

Basic Materials

QQU.TO
1.0%
NRGU.TO

-

Energy

QQU.TO
0.5%
NRGU.TO
100.0%

Financial Services

QQU.TO
0.2%
NRGU.TO

-

Real Estate

QQU.TO
0.1%
NRGU.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 Energy 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 NRGU.TO:
NRGU.TO vs. GDXU.TONRGU.TO vs. SPXU.TONRGU.TO vs. QQQL.TONRGU.TO vs. CFOU.TONRGU.TO vs. CNDU.TONRGU.TO vs. HEQL.TONRGU.TO vs. USSL.TO

Return for Risk

QQU.TO vs. NRGU.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: 3535
Overall Rank
QQU.TO Sharpe Ratio Rank: 3434
Sharpe Ratio Rank
QQU.TO Sortino Ratio Rank: 3333
Sortino Ratio Rank
QQU.TO Omega Ratio Rank: 3434
Omega Ratio Rank
QQU.TO Calmar Ratio Rank: 3535
Calmar Ratio Rank
QQU.TO Martin Ratio Rank: 3838
Martin Ratio Rank
NRGU.TO
NRGU.TO Risk / Return Rank: 8585
Overall Rank
NRGU.TO Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
NRGU.TO Sortino Ratio Rank: 8181
Sortino Ratio Rank
NRGU.TO Omega Ratio Rank: 8282
Omega Ratio Rank
NRGU.TO Calmar Ratio Rank: 8989
Calmar Ratio Rank
NRGU.TO Martin Ratio Rank: 8181
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. NRGU.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 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.

QQU.TONRGU.TODifference
Sharpe ratioReturn per unit of total volatility
1.01
2.58

-1.57

Sortino ratioReturn per unit of downside risk
1.47
2.78

-1.31

Omega ratioGain probability vs. loss probability

1.19

1.36

-0.17

Calmar ratioReturn relative to maximum drawdown

1.46

3.92

-2.46

Martin ratioReturn relative to average drawdown

4.64

11.51

-6.87

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

The current QQU.TO Sharpe Ratio is 1.01, which is lower than the NRGU.TO Sharpe Ratio of 2.58. The chart below compares the historical Sharpe Ratios of QQU.TO and NRGU.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.

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Drawdowns

QQU.TO vs. NRGU.TO - Drawdown Comparison

The maximum QQU.TO drawdown since its inception was -64.81%, smaller than the maximum NRGU.TO drawdown of -99.71%. Use the drawdown chart below to compare losses from any high point for QQU.TO and NRGU.TO.

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Drawdown Indicators

QQU.TONRGU.TODifference

Max Drawdown

Largest peak-to-trough decline

-64.81%

-99.71%

+34.90%

Max Drawdown (1Y)

Largest decline over 1 year

-25.85%

-31.84%

+5.99%

Max Drawdown (3Y)

Largest decline over 3 years

-43.00%

-51.12%

+8.12%

Max Drawdown (5Y)

Largest decline over 5 years

-64.81%

-52.50%

-12.31%

Max Drawdown (10Y)

Largest decline over 10 years

-64.81%

-97.54%

+32.73%

Current Drawdown

Current decline from peak

-14.83%

-85.39%

+70.56%

Average Drawdown

Average peak-to-trough decline

-11.81%

-83.55%

+71.74%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.13%

10.83%

-2.70%

Volatility

QQU.TO vs. NRGU.TO - Volatility Comparison

BetaPro NASDAQ-100 2x Daily Bull ETF (QQU.TO) and BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF (NRGU.TO) have volatilities of 14.95% and 15.38%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QQU.TONRGU.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

14.95%

15.38%

-0.43%

Volatility (6M)

Calculated over the trailing 6-month period

31.22%

40.20%

-8.98%

Volatility (1Y)

Calculated over the trailing 1-year period

37.35%

48.33%

-10.98%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

45.70%

57.16%

-11.46%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

45.17%

66.55%

-21.38%

Dividends

QQU.TO vs. NRGU.TO - Dividend Comparison

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

Tickers have no history of dividend payments

Frequently Asked Questions

QQU.TO and NRGU.TO have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

QQU.TO is categorized as Nasdaq-100, while NRGU.TO is Leveraged Equities.

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