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Global X Enhanced Nasdaq-100 Index ETF (QQQL.TO)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

CUSIP
379934102
Issuer
Global X
Inception Date
May 21, 2024
Leveraged
1.25x
Index Tracked
NASDAQ-100 Index
Domicile
Canada
Distribution Policy
Accumulating
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of CA$10,000 in Global X Enhanced Nasdaq-100 Index ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Different Benchmark Currency

QQQL.TO is traded in CAD, while the ^GSPC benchmark is in USD. To make them comparable, the benchmark values have been converted to CAD using the latest available exchange rates.

Returns By Period

Global X Enhanced Nasdaq-100 Index ETF (QQQL.TO) has returned -6.40% so far this year and 25.10% over the past 12 months.


Global X Enhanced Nasdaq-100 Index ETF

1D
-1.82%
1M
-6.04%
YTD
-6.40%
6M
-4.71%
1Y
25.10%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.80%
1M
-3.22%
YTD
-3.34%
6M
-2.48%
1Y
12.46%
3Y*
17.80%
5Y*
12.48%
10Y*
12.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since May 22, 2024, QQQL.TO's average daily return is +0.08%, while the average monthly return is +1.46%. At this rate, your investment would double in approximately 4.0 years.

Historically, 52% of months were positive and 48% were negative. The best month was May 2025 with a return of +11.7%, while the worst month was Mar 2025 at -10.5%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.

On a daily basis, QQQL.TO closed higher 39% of trading days. The best single day was Apr 9, 2025 with a return of +14.1%, while the worst single day was Apr 4, 2025 at -6.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.00%-0.38%-6.04%-6.40%
20253.47%-6.13%-10.52%-1.81%11.65%5.64%5.18%0.00%7.79%8.32%-3.89%-2.21%16.16%
2024-0.50%8.11%-1.91%-3.23%4.37%3.20%7.47%4.96%24.06%

Benchmark Metrics

Global X Enhanced Nasdaq-100 Index ETF has an annualized alpha of 4.34%, beta of 1.09, and R² of 0.46 versus S&P 500 Index. Calculated based on daily prices since May 23, 2024.

  • This ETF captured 145.78% of S&P 500 Index gains and 134.45% of its losses — amplifying both gains and losses, but participating more in upside than downside.
  • R² of 0.46 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

Alpha
4.34%
Beta
1.09
0.46
Upside Capture
145.78%
Downside Capture
134.45%

Expense Ratio

QQQL.TO has a high expense ratio of 1.60%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

QQQL.TO ranks 52 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


QQQL.TO Risk / Return Rank: 5252
Overall Rank
QQQL.TO Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
QQQL.TO Sortino Ratio Rank: 5555
Sortino Ratio Rank
QQQL.TO Omega Ratio Rank: 6767
Omega Ratio Rank
QQQL.TO Calmar Ratio Rank: 5151
Calmar Ratio Rank
QQQL.TO Martin Ratio Rank: 3939
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.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Global X Enhanced Nasdaq-100 Index ETF (QQQL.TO) and compare them to a chosen benchmark (S&P 500 Index).


QQQL.TOBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.94

0.69

+0.24

Sortino ratio

Return per unit of downside risk

1.49

1.06

+0.43

Omega ratio

Gain probability vs. loss probability

1.26

1.17

+0.09

Calmar ratio

Return relative to maximum drawdown

1.37

1.14

+0.23

Martin ratio

Return relative to average drawdown

3.80

4.22

-0.42

Explore QQQL.TO risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


Global X Enhanced Nasdaq-100 Index ETF doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Global X Enhanced Nasdaq-100 Index ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Global X Enhanced Nasdaq-100 Index ETF was 27.82%, occurring on Apr 8, 2025. Recovery took 75 trading sessions.

The current Global X Enhanced Nasdaq-100 Index ETF drawdown is 12.23%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-27.82%Jan 23, 202553Apr 8, 202575Jul 25, 2025128
-13.12%Jul 11, 202440Sep 6, 202434Oct 25, 202474
-12.23%Nov 4, 2025102Mar 31, 2026
-6.54%Dec 20, 202414Jan 13, 20257Jan 22, 202521
-3.83%Nov 14, 20246Nov 21, 20243Nov 26, 20249

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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