TQQQ.TO vs. NRGU.TO
TQQQ.TO (BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative ETF) and NRGU.TO (BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF) are both exchange-traded funds - TQQQ.TO is a Nasdaq-100 fund tracking the Nasdaq-100 Index, while NRGU.TO is a Leveraged Equities fund actively managed by Global X. TQQQ.TO is passively managed, while NRGU.TO is actively managed. Over the past year, TQQQ.TO returned 67.59% vs 113.10% for NRGU.TO. At a correlation of -0.16, they often move in opposite directions.
Performance
TQQQ.TO vs. NRGU.TO - Performance Comparison
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Returns By Period
In the year-to-date period, TQQQ.TO achieves a 35.21% return, which is significantly lower than NRGU.TO's 75.89% return.
TQQQ.TO
- 1D
- -5.73%
- 1M
- -6.37%
- 6M
- 27.66%
- YTD
- 35.21%
- 1Y
- 67.59%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NRGU.TO
- 1D
- 6.31%
- 1M
- -3.46%
- 6M
- 76.21%
- YTD
- 75.89%
- 1Y
- 113.10%
- 3Y*
- 40.23%
- 5Y*
- 47.37%
- 10Y*
- 5.23%
TQQQ.TO vs. NRGU.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TQQQ.TO BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative ETF | 35.21% | 38.56% |
NRGU.TO BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF | 75.89% | 15.42% |
Correlation
The correlation between TQQQ.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 (All Time) Calculated using the full available price history since Jun 17, 2025 | -0.16 |
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Return for Risk
TQQQ.TO vs. NRGU.TO — Risk / Return Rank
TQQQ.TO
NRGU.TO
TQQQ.TO vs. NRGU.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative ETF (TQQQ.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.
| TQQQ.TO | NRGU.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.34 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.78 | 3.57 | -1.79 |
| Martin ratioReturn relative to average drawdown | 5.37 | 10.79 | -5.42 |
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Drawdowns
TQQQ.TO vs. NRGU.TO - Drawdown Comparison
The maximum TQQQ.TO drawdown since its inception was -38.15%, smaller than the maximum NRGU.TO drawdown of -99.71%. Use the drawdown chart below to compare losses from any high point for TQQQ.TO and NRGU.TO.
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Drawdown Indicators
| TQQQ.TO | NRGU.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.15% | -99.71% | +61.56% |
Max Drawdown (1Y)Largest decline over 1 year | -38.15% | -31.84% | -6.31% |
Max Drawdown (3Y)Largest decline over 3 years | — | -51.12% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -52.50% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -97.54% | — |
Current DrawdownCurrent decline from peak | -16.90% | -85.57% | +68.67% |
Average DrawdownAverage peak-to-trough decline | -8.83% | -83.55% | +74.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.63% | 10.53% | +2.10% |
Volatility
TQQQ.TO vs. NRGU.TO - Volatility Comparison
BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative ETF (TQQQ.TO) has a higher volatility of 24.57% compared to BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF (NRGU.TO) at 16.66%. This indicates that TQQQ.TO's price experiences larger fluctuations and is considered to be riskier than NRGU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TQQQ.TO | NRGU.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.57% | 16.66% | +7.91% |
Volatility (6M)Calculated over the trailing 6-month period | 46.24% | 40.62% | +5.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.42% | 48.35% | +7.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.25% | 57.30% | -3.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.25% | 66.56% | -12.31% |
Dividends
TQQQ.TO vs. NRGU.TO - Dividend Comparison
Neither TQQQ.TO nor NRGU.TO has paid dividends to shareholders.
Frequently Asked Questions
TQQQ.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.
TQQQ.TO is categorized as Nasdaq-100, while NRGU.TO is Leveraged Equities.
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