CANC vs EDGU
Tema Oncology ETF vs 3EDGE Dynamic US Equity ETF
Which is better, CANC or EDGU?
CANC has been ahead.
CANC has a lower expense ratio. CANC led over 1Y and the full window. CANC is less concentrated, with 40.0% of the fund in its ten largest positions against 94.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CANC | EDGU |
|---|---|---|
| Expense Ratio | 0.75%Best | 0.91% |
| AUM | $197M | $101M |
| Dividend Yield | 0.05% | 0.69% |
| Holdings | 118 | 30 |
| YTD Return | +14.86%Best | +11.37% |
| 1Y Return | +34.85%Best | +14.59% |
| 3Y Return (annualized) | +22.41% | - |
| Volatility (annualized) | 18.8% | 12.3%Best |
| Max Drawdown | -23.1% | -17.6%Best |
| $10,000 over 2 years | $15,009Best | $12,796 |
| Top 10 Weight | 40.0%Best | 94.6% |
| Fund Family | Tema Global Limited | 3 EDGE Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Aug 15, 2023 | Oct 3, 2024 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 3, 2024 to Oct 14, 2026 (2 years).
CANC vs EDGU growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2 years both funds cover.
CANC vs EDGU Performance
Tema Oncology ETF (CANC) is an ETF from Tema Global Limited and 3EDGE Dynamic US Equity ETF (EDGU) is an ETF from 3 EDGE Asset Management. Over the past year CANC returned +34.85% while EDGU returned +14.59%. Year to date, CANC is up 14.86% versus a gain of 11.37% for EDGU.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CANC has been the more volatile fund, with annualized monthly volatility of 18.8% compared with 12.3% for EDGU. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -23.1% for CANC and -17.6% for EDGU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.35. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CANC charges 0.75% per year while EDGU charges 0.91%. On a $10,000 position that is $75 vs $91 annually, a gap of $16 per year that compounds over a long holding period. On income, CANC currently yields 0.05% against 0.69% for EDGU.
Holdings Overlap
We hold position weights for 59 holdings in CANC and 14 in EDGU, totalling 100.1% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 59 positions we hold weights for in CANC and 14 in EDGU, against full books of 118 and 30.
What only one of them owns
Our book lists 14 positions for EDGU that do not appear in our book for CANC (100.0% of the fund), and 49 for CANC that do not appear in EDGU (81.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of CANC and EDGU you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CANC or EDGU?
CANC has an expense ratio of 0.75% while EDGU charges 0.91%. CANC is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, CANC or EDGU?
Over the past year CANC returned +34.85% vs +14.59% for EDGU, so CANC leads on 1-year performance. Over the longest common window we track (2 years), CANC annualized +22.51% vs +13.12% for EDGU. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CANC or EDGU?
CANC has been the more volatile fund at 18.8% annualized versus 12.3% for EDGU. Worst drawdown: CANC -23.1% vs EDGU -17.6%.
Should I hold both CANC and EDGU?
CANC and EDGU have a monthly-return correlation of 0.35, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, CANC or EDGU?
CANC yields 0.05% while EDGU yields 0.69%, so EDGU currently pays the higher dividend yield.
Is EDGU better than CANC?
CANC has a lower expense ratio. CANC led over 1Y and the full window. CANC is less concentrated, with 40.0% of the fund in its ten largest positions against 94.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.