SOXU.TO vs. ENBE.TO
SOXU.TO (MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF) and ENBE.TO (Harvest Enbridge Enhanced High Income Shares ETF) are both exchange-traded funds - SOXU.TO is a Leveraged Equities fund tracking the Solactive US Semiconductor 30 Capped Index, while ENBE.TO is a Derivative Income fund actively managed by Harvest. SOXU.TO is passively managed, while ENBE.TO is actively managed. Their -0.10 correlation means they have often moved in opposite directions in the past. SOXU.TO charges 1.81%/yr vs 0.40%/yr for ENBE.TO.
Performance
SOXU.TO vs. ENBE.TO - Performance Comparison
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Returns By Period
In the year-to-date period, SOXU.TO achieves a 162.51% return, which is significantly higher than ENBE.TO's 20.40% return.
SOXU.TO
- 1D
- -0.49%
- 1M
- -42.82%
- 6M
- 86.13%
- YTD
- 162.51%
- 1Y
- 356.00%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 425.89%
ENBE.TO
- 1D
- -1.28%
- 1M
- -0.09%
- 6M
- 20.42%
- YTD
- 20.40%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$135.36K | CA$104.71K | CA$69.67K | |
| CA$4.12M | CA$4.70M | CA$4.16M |
SOXU.TO vs. ENBE.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SOXU.TO MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF | 162.51% | 65.93% |
ENBE.TO Harvest Enbridge Enhanced High Income Shares ETF | 20.40% | -0.98% |
Correlation
The correlation between SOXU.TO and ENBE.TO is -0.10, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 21, 2025 | -0.10 |
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Return for Risk
SOXU.TO vs. ENBE.TO — Risk / Return Rank
SOXU.TO
ENBE.TO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SOXU.TO vs. ENBE.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF (SOXU.TO) and Harvest Enbridge Enhanced High Income Shares ETF (ENBE.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.
| SOXU.TO | ENBE.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.37 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 5.00 | — | — |
| Martin ratioReturn relative to average drawdown | 17.25 | — | — |
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Drawdowns
SOXU.TO vs. ENBE.TO - Drawdown Comparison
The maximum SOXU.TO drawdown since its inception was -69.86%, which is greater than ENBE.TO's maximum drawdown of -11.28%. Use the drawdown chart below to compare losses from any high point for SOXU.TO and ENBE.TO.
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Drawdown Indicators
| SOXU.TO | ENBE.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.86% | -11.28% | -58.58% |
Max Drawdown (1Y)Largest decline over 1 year | -69.86% | — | — |
Current DrawdownCurrent decline from peak | -62.37% | -5.26% | -57.11% |
Average DrawdownAverage peak-to-trough decline | -11.83% | -3.14% | -8.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.22% | — | — |
Volatility
SOXU.TO vs. ENBE.TO - Volatility Comparison
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Volatility by Period
| SOXU.TO | ENBE.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 52.19% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 120.64% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 133.55% | 18.34% | +115.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 125.64% | 18.34% | +107.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 125.64% | 18.34% | +107.30% |
SOXU.TO vs. ENBE.TO - Expense Ratio Comparison
SOXU.TO has a 1.81% expense ratio, which is higher than ENBE.TO's 0.40% expense ratio.
Dividends
SOXU.TO vs. ENBE.TO - Dividend Comparison
SOXU.TO has not paid dividends to shareholders, while ENBE.TO's dividend yield for the trailing twelve months is around 10.95%.
| Position | TTM | 2025 |
|---|---|---|
ENBE.TO Harvest Enbridge Enhanced High Income Shares ETF | 10.95% | 4.47% |
SOXU.TO MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF | 0.00% | 0.00% |
Frequently Asked Questions
SOXU.TO and ENBE.TO have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ENBE.TO is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ENBE.TO is cheaper with a 0.40% expense ratio, compared with 1.81% for SOXU.TO.
SOXU.TO is categorized as Leveraged Equities, while ENBE.TO is Derivative Income. They also come from different issuers: LongPoint and Harvest. Their fees differ too: 1.81% for SOXU.TO and 0.40% for ENBE.TO.
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