A side-by-side comparison of BetaPro -3x Nasdaq-100 Daily Leveraged Bear Alternative ETF (SQQQ) and BetaPro Canadian Gold Miners 2x Daily Bull (HGU) to help Canadian investors make an informed decision.
CIBC Investor's Edge
Transfer your investments to CIBC Investor's Edge and get rewarded with an offer of up to $3,000.
- ✓$6.95 flat-rate commissions
- ✓Backed by Big Five bank security
- ✓Transfer bonus offer up to $3,000
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | SQQQ | HGU |
|---|---|---|
| YTD Return | -34.24% | -12.78%✓ |
| 1-Day Change | +5.97%✓ | -12.78% |
| 1-Week Change | +21.51% | +228.49%✓ |
| 1-Month Change | +6.88% | —✓ |
| Current Price | $8.70 | $129.13 |
| AUM | $36M | $223M✓ |
| MER (Expense Ratio) | — | 0% |
| Dividend Yield | — | — |
| Distribution Frequency | — | NA |
| Inception Date | 2025-06-16 | 2007-06-25 |
| Holdings Count | 1 | 1 |
| MorningStar Rating | — | — |
| Category | Passive Inverse/Leveraged | Passive Inverse/Leveraged |
| Beta | 0.00 | 0.00 |
| 52-Week High | $22.49 | $195.00 |
| 52-Week Low | $7.05 | $25.94 |
| 50-Day MA | $10.23 | $23.27 |
| 200-Day MA | $12.89 | $21.84 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | SQQQ | HGU |
|---|---|---|
| YTD | -34.24% | -12.78%✓ |
| 1 Year | — | +108.56% |
| 3 Year | — | +80.55% |
| 5 Year | — | +32.70% |
| 10 Year | — | +14.08% |
| 1Y Volatility | — | 97.17% |
| Sharpe Ratio (3Y) | — | 1.23 |
Past performance is not a guarantee of future results.
Sector Weights
| Sector | SQQQ | HGU |
|---|---|---|
| Basic Materials | 0.00% | 0.00% |
| Communication Services | 0.00% | 0.00% |
| Consumer Cyclicals | 0.00% | 0.00% |
| Consumer Defensive | 0.00% | 0.00% |
| Energy | 0.00% | 0.00% |
| Financial Services | 0.00% | 0.00% |
| Healthcare | 0.00% | 0.00% |
| Industrials | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% |
| Technology | 0.00% | 0.00% |
| Utilities | 0.00% | 0.00% |
About SQQQ
BetaPro Nasdaq-100 -3x Daily Bear ETF is an exchange traded fund launched and managed by Global X Investments Canada Inc. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating across communication services, consumer discretionary, consumer staples, energy, health care, industrials, information technology, materials, real estate and utilities sectors. The fund invests in growth and value stocks of large-cap companies. It takes short positi…
About HGU
BetaPro Canadian Gold Miners 2x Daily Bull (HGU.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
Which ETF is Right for You?
Both SQQQ and HGU are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, HGU scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between SQQQ and HGU?
SQQQ (BetaPro -3x Nasdaq-100 Daily Leveraged Bear Alternative ETF) and HGU (BetaPro Canadian Gold Miners 2x Daily Bull) are both Canadian-listed ETFs. Key differences include their AUM ($36M vs $223M), dividend yield (N/A vs N/A), and year-to-date performance (-34.24% vs -12.78%).
Is SQQQ better than HGU?
There is no single "better" ETF — it depends on your investment goals. If you prioritise dividends, compare both yields and choose based on your income needs. Always review the fund's prospectus and consider your tax situation.
Can I buy SQQQ and HGU on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both SQQQ and HGU should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
7 stocks to buy and hold forever
Complement your ETF portfolio with these proven long-term individual stocks.
Get the FREE Report