QQU.TO vs. VBU.NEO

Last updated Jul 18, 2026

QQU.TO (BetaPro NASDAQ-100 2x Daily Bull ETF) and VBU.NEO (Vanguard U.S. Aggregate Bond Index ETF) are both exchange-traded funds - QQU.TO is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while VBU.NEO is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Float Adjusted Bond Index (CAD Hedged). Both are passively managed. Over the past 10 years, QQU.TO returned 30.76%/yr vs 0.54%/yr for VBU.NEO. At a 0.04 correlation, their price movements are largely independent. QQU.TO charges 1.46%/yr vs 0.22%/yr for VBU.NEO.

Performance

QQU.TO vs. VBU.NEO - 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 Vanguard U.S. Aggregate Bond Index ETF (VBU.NEO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QQU.TO achieves a 20.35% return, which is significantly higher than VBU.NEO's -0.73% return. Over the past 10 years, QQU.TO has outperformed VBU.NEO with an annualized return of 30.76%, while VBU.NEO has yielded a comparatively lower 0.54% 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%

VBU.NEO

• 1D: 0.05%
• 1M: -0.62%
• 6M: -0.82%
• YTD: -0.73%
• 1Y: 2.20%
• 3Y*: 2.24%
• 5Y*: -1.34%
• 10Y*: 0.54%

*Multi-year figures are annualized to reflect compound growth (CAGR)

QQU.TO vs. VBU.NEO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
VBU.NEO Vanguard U.S. Aggregate Bond Index ETF	-0.73%	4.92%	0.11%	4.79%	-13.68%	-2.06%	7.26%	7.77%	-1.09%	3.47%

Correlation

The correlation between QQU.TO and VBU.NEO is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (10Y) Calculated over the trailing 10-year period	0.08
Correlation (All Time) Calculated using the full available price history since Jun 30, 2014	0.04

The correlation between QQU.TO and VBU.NEO shifts across timeframes, from 0.04 (all time) to 0.16 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

QQU.TO vs. VBU.NEO — 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: 35
QQU.TO Sharpe Ratio Rank: 34
QQU.TO Sortino Ratio Rank: 33
QQU.TO Omega Ratio Rank: 34
QQU.TO Calmar Ratio Rank: 35
QQU.TO Martin Ratio Rank: 38

VBU.NEO

VBU.NEO Risk / Return Rank: 20
VBU.NEO Sharpe Ratio Rank: 20
VBU.NEO Sortino Ratio Rank: 18
VBU.NEO Omega Ratio Rank: 19
VBU.NEO Calmar Ratio Rank: 21
VBU.NEO Martin Ratio Rank: 21

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. VBU.NEO - 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 Vanguard U.S. Aggregate Bond Index ETF (VBU.NEO). 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.TO	VBU.NEO	Difference
Sharpe ratio: Return per unit of total volatility	1.01	0.50	+0.51
Sortino ratio: Return per unit of downside risk	1.47	0.75	+0.73
Omega ratio: Gain probability vs. loss probability	1.19	1.10	+0.09
Calmar ratio: Return relative to maximum drawdown	1.46	0.72	+0.74
Martin ratio: Return relative to average drawdown	4.64	1.83	+2.81

QQU.TO vs. VBU.NEO - Sharpe Ratio Comparison

The current QQU.TO Sharpe Ratio is 1.01, which is higher than the VBU.NEO Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of QQU.TO and VBU.NEO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

QQU.TO vs. VBU.NEO - Drawdown Comparison

The maximum QQU.TO drawdown since its inception was -64.81%, which is greater than VBU.NEO's maximum drawdown of -19.34%. Use the drawdown chart below to compare losses from any high point for QQU.TO and VBU.NEO.

Drawdown Indicators

	QQU.TO	VBU.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-64.81%	-19.34%	-45.47%
Max Drawdown (1Y) Largest decline over 1 year	-25.85%	-3.08%	-22.77%
Max Drawdown (3Y) Largest decline over 3 years	-43.00%	-5.94%	-37.06%
Max Drawdown (5Y) Largest decline over 5 years	-64.81%	-18.44%	-46.37%
Max Drawdown (10Y) Largest decline over 10 years	-64.81%	-19.34%	-45.47%
Current Drawdown Current decline from peak	-14.83%	-8.20%	-6.63%
Average Drawdown Average peak-to-trough decline	-11.81%	-5.32%	-6.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.13%	1.21%	+6.92%

Volatility

QQU.TO vs. VBU.NEO - Volatility Comparison

BetaPro NASDAQ-100 2x Daily Bull ETF (QQU.TO) has a higher volatility of 14.95% compared to Vanguard U.S. Aggregate Bond Index ETF (VBU.NEO) at 1.23%. This indicates that QQU.TO's price experiences larger fluctuations and is considered to be riskier than VBU.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQU.TO	VBU.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.95%	1.23%	+13.72%
Volatility (6M) Calculated over the trailing 6-month period	31.22%	3.70%	+27.52%
Volatility (1Y) Calculated over the trailing 1-year period	37.35%	4.45%	+32.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.70%	6.30%	+39.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.17%	5.94%	+39.23%

QQU.TO vs. VBU.NEO - Expense Ratio Comparison

QQU.TO has a 1.46% expense ratio, which is higher than VBU.NEO's 0.22% expense ratio.

Dividends

QQU.TO vs. VBU.NEO - Dividend Comparison

QQU.TO has not paid dividends to shareholders, while VBU.NEO's dividend yield for the trailing twelve months is around 3.67%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QQU.TO BetaPro NASDAQ-100 2x Daily Bull ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VBU.NEO Vanguard U.S. Aggregate Bond Index ETF	3.67%	3.50%	3.34%	2.93%	2.32%	1.87%	2.15%	2.36%	2.24%	2.20%	2.18%	2.23%

Frequently Asked Questions

Can I hold both QQU.TO and VBU.NEO in my portfolio?

QQU.TO and VBU.NEO have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QQU.TO or VBU.NEO?

On fees, VBU.NEO is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QQU.TO or VBU.NEO?

VBU.NEO is cheaper with a 0.22% expense ratio, compared with 1.46% for QQU.TO.

What is the main difference between QQU.TO and VBU.NEO?

QQU.TO is categorized as Nasdaq-100, while VBU.NEO is Total Bond Market. QQU.TO tracks NASDAQ-100 Index, while VBU.NEO tracks Bloomberg U.S. Aggregate Float Adjusted Bond Index (CAD Hedged). They also come from different issuers: Global X and Vanguard. Their fees differ too: 1.46% for QQU.TO and 0.22% for VBU.NEO.