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USSL.TO vs. CFOU.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

USSL.TO vs. CFOU.TO

Last updated Jun 4, 2026

USSL.TO (Global X Enhanced S&P 500 Index ETF) and CFOU.TO (BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF) are both Leveraged Equities funds from Global X - USSL.TO tracks the S&P 500 while CFOU.TO tracks the S&P/TSX Capped Financials Index. Both are passively managed. Over the past year, USSL.TO returned 37.15% vs 88.95% for CFOU.TO. At a 0.31 correlation, their price movements are largely independent. USSL.TO charges 1.34%/yr vs 1.52%/yr for CFOU.TO.

Performance

USSL.TO vs. CFOU.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Enhanced S&P 500 Index ETF (USSL.TO) and BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF (CFOU.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, USSL.TO achieves a 14.51% return, which is significantly lower than CFOU.TO's 23.22% return.

USSL.TO

1D
0.03%
1M
8.62%
YTD
14.51%
6M
12.52%
1Y
37.15%
3Y*
—
5Y*
—
10Y*
—

CFOU.TO

1D
-1.41%
1M
9.71%
YTD
23.22%
6M
34.47%
1Y
88.95%
3Y*
57.23%
5Y*
28.45%
10Y*
22.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

USSL.TO vs. CFOU.TO - Yearly Performance Comparison

2026 (YTD)20252024
USSL.TO
Global X Enhanced S&P 500 Index ETF		14.51%13.42%22.04%
CFOU.TO
BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF		23.22%69.17%41.47%

Correlation

The correlation between USSL.TO and CFOU.TO is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.22

Correlation (All Time)
Calculated using the full available price history since May 23, 2024

0.31

USSL.TO vs. CFOU.TO - Sectors Allocation Comparison

Sectors
USSL.TO
CFOU.TO

Technology

33.1%

-

Financial Services

12.3%
100.0%

Communication Services

10.7%

-

Consumer Cyclical

10.1%

-

Healthcare

9.8%

-

Industrials

8.7%

-

Consumer Defensive

5.4%

-

Energy

3.5%

-

Utilities

2.5%

-

Real Estate

2.0%

-

Basic Materials

1.9%

-

Technology

USSL.TO
33.1%
CFOU.TO

-

Financial Services

USSL.TO
12.3%
CFOU.TO
100.0%

Communication Services

USSL.TO
10.7%
CFOU.TO

-

Consumer Cyclical

USSL.TO
10.1%
CFOU.TO

-

Healthcare

USSL.TO
9.8%
CFOU.TO

-

Industrials

USSL.TO
8.7%
CFOU.TO

-

Consumer Defensive

USSL.TO
5.4%
CFOU.TO

-

Energy

USSL.TO
3.5%
CFOU.TO

-

Utilities

USSL.TO
2.5%
CFOU.TO

-

Real Estate

USSL.TO
2.0%
CFOU.TO

-

Basic Materials

USSL.TO
1.9%
CFOU.TO

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X Enhanced S&P 500 Index ETF

BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF

Often compared with USSL.TO:
USSL.TO vs. AMHE.TOUSSL.TO vs. QQQL.TOUSSL.TO vs. VFV.TOUSSL.TO vs. TQQQ.TOUSSL.TO vs. HEQL.TOUSSL.TO vs. CNDU.TOUSSL.TO vs. XSP.TO
Often compared with CFOU.TO:
CFOU.TO vs. METE.TOCFOU.TO vs. TCND.TOCFOU.TO vs. CACE.TOCFOU.TO vs. HBNK.TOCFOU.TO vs. RBNK.TOCFOU.TO vs. XCSR.TOCFOU.TO vs. DMEC.TO

Return for Risk

USSL.TO vs. CFOU.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
USSL.TO
USSL.TO Risk / Return Rank: 8181
Overall Rank
USSL.TO Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
USSL.TO Sortino Ratio Rank: 8888
Sortino Ratio Rank
USSL.TO Omega Ratio Rank: 9595
Omega Ratio Rank
USSL.TO Calmar Ratio Rank: 7070
Calmar Ratio Rank
USSL.TO Martin Ratio Rank: 7070
Martin Ratio Rank
CFOU.TO
CFOU.TO Risk / Return Rank: 9191
Overall Rank
CFOU.TO Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
CFOU.TO Sortino Ratio Rank: 9292
Sortino Ratio Rank
CFOU.TO Omega Ratio Rank: 8989
Omega Ratio Rank
CFOU.TO Calmar Ratio Rank: 9090
Calmar Ratio Rank
CFOU.TO Martin Ratio Rank: 9292
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.

USSL.TO vs. CFOU.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Enhanced S&P 500 Index ETF (USSL.TO) and BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF (CFOU.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.

USSL.TOCFOU.TODifference
Sharpe ratioReturn per unit of total volatility
2.65
3.62

-0.97

Sortino ratioReturn per unit of downside risk
4.04
4.39

-0.36

Omega ratioGain probability vs. loss probability

1.73

1.57

+0.16

Calmar ratioReturn relative to maximum drawdown

3.46

5.56

-2.10

Martin ratioReturn relative to average drawdown

12.89

22.74

-9.85

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

USSL.TO vs. CFOU.TO - Sharpe Ratio Comparison

The current USSL.TO Sharpe Ratio is 2.65, which is comparable to the CFOU.TO Sharpe Ratio of 3.62. The chart below compares the historical Sharpe Ratios of USSL.TO and CFOU.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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Sharpe Ratios by Period

USSL.TOCFOU.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.65

3.62

-0.97

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

1.04

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.68

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.30

0.33

+0.97

Drawdowns

USSL.TO vs. CFOU.TO - Drawdown Comparison

The maximum USSL.TO drawdown since its inception was -23.90%, smaller than the maximum CFOU.TO drawdown of -86.23%. Use the drawdown chart below to compare losses from any high point for USSL.TO and CFOU.TO.

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Drawdown Indicators

USSL.TOCFOU.TODifference

Max Drawdown

Largest peak-to-trough decline

-23.90%

-86.23%

+62.33%

Max Drawdown (1Y)

Largest decline over 1 year

-10.79%

-16.08%

+5.29%

Max Drawdown (3Y)

Largest decline over 3 years

—

-24.95%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-45.23%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-67.29%

—

Current Drawdown

Current decline from peak

-0.03%

-3.23%

+3.20%

Average Drawdown

Average peak-to-trough decline

-3.48%

-22.46%

+18.98%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.89%

3.93%

-1.04%

Volatility

USSL.TO vs. CFOU.TO - Volatility Comparison

The current volatility for Global X Enhanced S&P 500 Index ETF (USSL.TO) is 5.02%, while BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF (CFOU.TO) has a volatility of 8.18%. This indicates that USSL.TO experiences smaller price fluctuations and is considered to be less risky than CFOU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

USSL.TOCFOU.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

5.02%

8.18%

-3.16%

Volatility (6M)

Calculated over the trailing 6-month period

10.67%

20.93%

-10.26%

Volatility (1Y)

Calculated over the trailing 1-year period

14.08%

24.70%

-10.62%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.63%

27.56%

-7.93%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.63%

33.85%

-14.22%

USSL.TO vs. CFOU.TO - Expense Ratio Comparison

USSL.TO has a 1.34% expense ratio, which is lower than CFOU.TO's 1.52% expense ratio.

Dividends

USSL.TO vs. CFOU.TO - Dividend Comparison

Neither USSL.TO nor CFOU.TO has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

USSL.TO and CFOU.TO have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, USSL.TO is cheaper at 1.34% per year. The better choice depends on whether you care most about return, fees, risk, or income.

USSL.TO is cheaper with a 1.34% expense ratio, compared with 1.52% for CFOU.TO.

USSL.TO tracks S&P 500, while CFOU.TO tracks S&P/TSX Capped Financials Index. Their fees differ too: 1.34% for USSL.TO and 1.52% for CFOU.TO.

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