ADC vs. QQQI

Last updated Aug 4, 2026

ADC (Agree Realty Corporation) is a stock, while QQQI (NEOS Nasdaq-100 High Income ETF) is Nasdaq-100 fund actively managed by Neos. Over the past year, ADC returned 8.82% vs 19.72% for QQQI. Their -0.12 correlation means they have often moved in opposite directions in the past.

Performance

ADC vs. QQQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Agree Realty Corporation (ADC) and NEOS Nasdaq-100 High Income ETF (QQQI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ADC achieves a 9.41% return, which is significantly higher than QQQI's 8.51% return.

ADC

• 1D: -1.14%
• 1M: -0.82%
• 6M: 10.53%
• YTD: 9.41%
• 1Y: 8.82%
• 3Y*: 10.80%
• 5Y*: 5.03%
• 10Y*: 8.95%
• ALL TIME*: 11.90%

QQQI

• 1D: 1.51%
• 1M: -1.62%
• 6M: 6.55%
• YTD: 8.51%
• 1Y: 19.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 18.71%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ADC Agree Realty Corporation	$100.57M	$91.75M	$89.77M
QQQI NEOS Nasdaq-100 High Income ETF	$330.38M	$327.04M	$357.36M

ADC vs. QQQI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ADC Agree Realty Corporation	9.41%	6.62%	21.94%
QQQI NEOS Nasdaq-100 High Income ETF	8.51%	18.62%	19.44%

Correlation

The correlation between ADC and QQQI is -0.27, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.27
Correlation (All Time) Calculated using the full available price history since Jan 30, 2024	-0.12

The correlation between ADC and QQQI shifts across timeframes, from -0.27 (1 year) to -0.12 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ADC vs. QQQI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ADC

ADC Risk / Return Rank: 60
ADC Sharpe Ratio Rank: 64
ADC Sortino Ratio Rank: 56
ADC Omega Ratio Rank: 54
ADC Calmar Ratio Rank: 63
ADC Martin Ratio Rank: 64

QQQI

QQQI Risk / Return Rank: 52
QQQI Sharpe Ratio Rank: 48
QQQI Sortino Ratio Rank: 46
QQQI Omega Ratio Rank: 48
QQQI Calmar Ratio Rank: 57
QQQI Martin Ratio Rank: 60

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ADC vs. QQQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Agree Realty Corporation (ADC) and NEOS Nasdaq-100 High Income ETF (QQQI). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ADC	QQQI	Difference
Sharpe ratio: Return per unit of total volatility	0.55	1.21	-0.67
Sortino ratio: Return per unit of downside risk	0.89	1.71	-0.82
Omega ratio: Gain probability vs. loss probability	1.10	1.22	-0.12
Calmar ratio: Return relative to maximum drawdown	0.80	2.06	-1.27
Martin ratio: Return relative to average drawdown	1.88	7.38	-5.50

ADC vs. QQQI - Sharpe Ratio Comparison

The current ADC Sharpe Ratio is 0.55, which is lower than the QQQI Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of ADC and QQQI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ADC vs. QQQI - Drawdown Comparison

The maximum ADC drawdown since its inception was -70.25%, which is greater than QQQI's maximum drawdown of -20.00%. Use the drawdown chart below to compare losses from any high point for ADC and QQQI.

Drawdown Indicators

	ADC	QQQI	Difference
Max Drawdown Largest peak-to-trough decline	-70.25%	-20.00%	-50.25%
Max Drawdown (1Y) Largest decline over 1 year	-11.14%	-9.61%	-1.53%
Max Drawdown (3Y) Largest decline over 3 years	-16.28%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.52%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-39.00%	—	—
Current Drawdown Current decline from peak	-4.87%	-4.50%	-0.37%
Average Drawdown Average peak-to-trough decline	-9.61%	-2.28%	-7.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.70%	2.68%	+2.02%

Volatility

ADC vs. QQQI - Volatility Comparison

The current volatility for Agree Realty Corporation (ADC) is 5.79%, while NEOS Nasdaq-100 High Income ETF (QQQI) has a volatility of 6.60%. This indicates that ADC experiences smaller price fluctuations and is considered to be less risky than QQQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ADC	QQQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.79%	6.60%	-0.81%
Volatility (6M) Calculated over the trailing 6-month period	13.09%	13.71%	-0.62%
Volatility (1Y) Calculated over the trailing 1-year period	16.24%	16.35%	-0.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.89%	17.76%	+1.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.69%	17.76%	+5.93%

Dividends

ADC vs. QQQI - Dividend Comparison

ADC's dividend yield for the trailing twelve months is around 4.10%, less than QQQI's 14.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ADC Agree Realty Corporation	4.10%	4.28%	4.26%	4.64%	3.95%	3.65%	3.61%	3.25%	3.65%	3.94%	4.17%	5.43%
QQQI NEOS Nasdaq-100 High Income ETF	14.16%	13.82%	12.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ADC and QQQI in my portfolio?

ADC and QQQI have a correlation of -0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ADC or QQQI?

QQQI has higher volatility (6.60%) compared to ADC (5.79%). In terms of maximum drawdown, ADC dropped -70.25% vs QQQI's -20.00%.

Which has better risk-adjusted returns?

QQQI currently has the higher Sharpe Ratio (1.21 vs 0.55), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.