Performance of Actively Managed ETFs Versus The Underlying Index

AlphaPro features a couple of actively managed ETFs. One of them tries to improve on the TSX60 index (which is tracked by the iShares XIU ETF). Please see the comparison chart this year:


(please click to enlarge).

The difference in ROI is quite significant:

XIU: +25.37%

HAX: 11.15%

Here is the comparison for the last 6 months:



Or for the last 3 months:



Or for the last 1 month:




Or even for the last 5 days:



The simple XIU vastly outferforms the 'actively managed' HAX on every time period.