TCND.TO vs. CASH.TO

Last updated Apr 5, 2026

Compare and contrast key facts about BetaPro 3x S&P/TSX 60 Daily Leveraged Bull Alternative ETF (TCND.TO) and Global X High Interest Savings ETF (CASH.TO).

TCND.TO and CASH.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TCND.TO is a passively managed fund by Global X that tracks the performance of the S&P/TSX 60 Index. It was launched on Aug 11, 2025. CASH.TO is an actively managed fund by Global X. It was launched on Nov 1, 2021.

Performance

TCND.TO vs. CASH.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in BetaPro 3x S&P/TSX 60 Daily Leveraged Bull Alternative ETF (TCND.TO) and Global X High Interest Savings ETF (CASH.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TCND.TO achieves a 6.11% return, which is significantly higher than CASH.TO's 0.50% return.

TCND.TO

• 1D: 1.21%
• 1M: -3.57%
• YTD: 6.11%
• 6M: 17.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CASH.TO

• 1D: 0.02%
• 1M: 0.17%
• YTD: 0.50%
• 6M: 1.02%
• 1Y: 2.30%
• 3Y*: 3.79%
• 5Y*: —
• 10Y*: —

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

TCND.TO vs. CASH.TO - Yearly Performance Comparison

	2026 (YTD)	2025
TCND.TO BetaPro 3x S&P/TSX 60 Daily Leveraged Bull Alternative ETF	6.11%	41.62%
CASH.TO Global X High Interest Savings ETF	0.50%	0.90%

Correlation

The correlation between TCND.TO and CASH.TO is 0.10, meaning there is essentially no relationship between their price movements. They neither move together nor in opposition — each responds to its own set of market drivers. This independence makes them strong candidates for combining in a diversified portfolio.

TCND.TO vs. CASH.TO - Expense Ratio Comparison

CASH.TO

Global X High Interest Savings ETF

Return for Risk

TCND.TO vs. CASH.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CASH.TO

CASH.TO Risk / Return Rank: 100
CASH.TO Sharpe Ratio Rank: 100
CASH.TO Sortino Ratio Rank: 100
CASH.TO Omega Ratio Rank: 100
CASH.TO Calmar Ratio Rank: 100
CASH.TO Martin Ratio Rank: 100

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.

TCND.TO vs. CASH.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BetaPro 3x S&P/TSX 60 Daily Leveraged Bull Alternative ETF (TCND.TO) and Global X High Interest Savings ETF (CASH.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	TCND.TO	CASH.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	10.49	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.41	5.51	-3.10

Drawdowns

TCND.TO vs. CASH.TO - Drawdown Comparison

The maximum TCND.TO drawdown since its inception was -22.06%, which is greater than CASH.TO's maximum drawdown of -0.80%. Use the drawdown chart below to compare losses from any high point for TCND.TO and CASH.TO.

Drawdown Indicators

	TCND.TO	CASH.TO	Difference
Max Drawdown Largest peak-to-trough decline	-22.06%	-0.80%	-21.26%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.02%	—
Current Drawdown Current decline from peak	-10.17%	0.00%	-10.17%
Average Drawdown Average peak-to-trough decline	-3.59%	0.00%	-3.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.00%	—

Volatility

Volatility by Period

	TCND.TO	CASH.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.05%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.15%	—
Volatility (1Y) Calculated over the trailing 1-year period	37.11%	0.22%	+36.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.11%	0.62%	+36.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.11%	0.62%	+36.49%

Dividends

TCND.TO vs. CASH.TO - Dividend Comparison

TCND.TO has not paid dividends to shareholders, while CASH.TO's dividend yield for the trailing twelve months is around 2.31%.

	TTM	2025	2024	2023	2022	2021
TCND.TO BetaPro 3x S&P/TSX 60 Daily Leveraged Bull Alternative ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CASH.TO Global X High Interest Savings ETF	2.31%	2.53%	4.37%	5.06%	2.30%	0.10%