BCCL.NEO vs. HXQ.TO
BCCL.NEO (Global X Enhanced Bitcoin Covered Call ETF) and HXQ.TO (Global X Nasdaq-100 Index Corporate Class ETF) are both exchange-traded funds - BCCL.NEO is a Cryptocurrency fund actively managed by Global X, while HXQ.TO is a Nasdaq-100 fund tracking the NASDAQ-100 Index. BCCL.NEO is actively managed, while HXQ.TO is passively managed. Over the past year, BCCL.NEO returned -45.87% vs 26.47% for HXQ.TO. Their 0.41 correlation means their historical movements had little consistent relationship. BCCL.NEO charges 1.78%/yr vs 0.25%/yr for HXQ.TO.
Performance
BCCL.NEO vs. HXQ.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BCCL.NEO achieves a -28.69% return, which is significantly lower than HXQ.TO's 14.56% return.
BCCL.NEO
- 1D
- -2.49%
- 1M
- 1.49%
- 6M
- -18.01%
- YTD
- -28.69%
- 1Y
- -45.87%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -28.13%
HXQ.TO
- 1D
- 0.69%
- 1M
- -5.98%
- 6M
- 12.81%
- YTD
- 14.56%
- 1Y
- 26.47%
- 3Y*
- 24.20%
- 5Y*
- 16.73%
- 10Y*
- 21.14%
- ALL TIME*
- 21.11%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$76.07K | CA$135.25K | CA$227.19K | |
| CA$2.97M | CA$3.02M | CA$3.91M |
BCCL.NEO vs. HXQ.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BCCL.NEO Global X Enhanced Bitcoin Covered Call ETF | -28.69% | -6.82% |
HXQ.TO Global X Nasdaq-100 Index Corporate Class ETF | 14.56% | 25.23% |
Correlation
The correlation between BCCL.NEO and HXQ.TO is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.42 |
Correlation (All Time) Calculated using the full available price history since May 5, 2025 | 0.41 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BCCL.NEO vs. HXQ.TO — Risk / Return Rank
BCCL.NEO
HXQ.TO
BCCL.NEO vs. HXQ.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Enhanced Bitcoin Covered Call ETF (BCCL.NEO) and Global X Nasdaq-100 Index Corporate Class ETF (HXQ.TO). 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.
| BCCL.NEO | HXQ.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.28 | ||
| Sortino ratioReturn per unit of downside risk | -3.38 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 1.23 | -0.40 |
| Calmar ratioReturn relative to maximum drawdown | -0.88 | 1.90 | -2.78 |
| Martin ratioReturn relative to average drawdown | -1.33 | 5.49 | -6.82 |
Loading charts...
Drawdowns
BCCL.NEO vs. HXQ.TO - Drawdown Comparison
The maximum BCCL.NEO drawdown since its inception was -55.27%, which is greater than HXQ.TO's maximum drawdown of -31.60%. Use the drawdown chart below to compare losses from any high point for BCCL.NEO and HXQ.TO.
Loading charts...
Drawdown Indicators
| BCCL.NEO | HXQ.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.27% | -31.60% | -23.67% |
Max Drawdown (1Y)Largest decline over 1 year | -55.27% | -12.43% | -42.84% |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.58% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.60% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.60% | — |
Current DrawdownCurrent decline from peak | -51.47% | -7.80% | -43.67% |
Average DrawdownAverage peak-to-trough decline | -26.18% | -5.72% | -20.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.35% | 4.30% | +32.05% |
Volatility
BCCL.NEO vs. HXQ.TO - Volatility Comparison
Global X Enhanced Bitcoin Covered Call ETF (BCCL.NEO) has a higher volatility of 8.77% compared to Global X Nasdaq-100 Index Corporate Class ETF (HXQ.TO) at 6.71%. This indicates that BCCL.NEO's price experiences larger fluctuations and is considered to be riskier than HXQ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BCCL.NEO | HXQ.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.77% | 6.71% | +2.06% |
Volatility (6M)Calculated over the trailing 6-month period | 33.62% | 15.67% | +17.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.76% | 18.98% | +27.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.50% | 21.29% | +23.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.50% | 21.07% | +23.43% |
BCCL.NEO vs. HXQ.TO - Expense Ratio Comparison
BCCL.NEO has a 1.78% expense ratio, which is higher than HXQ.TO's 0.25% expense ratio.
Dividends
BCCL.NEO vs. HXQ.TO - Dividend Comparison
BCCL.NEO's dividend yield for the trailing twelve months is around 43.98%, while HXQ.TO has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
BCCL.NEO Global X Enhanced Bitcoin Covered Call ETF | 43.98% | 16.02% |
HXQ.TO Global X Nasdaq-100 Index Corporate Class ETF | 0.00% | 0.00% |
Frequently Asked Questions
BCCL.NEO and HXQ.TO have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HXQ.TO is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HXQ.TO is cheaper with a 0.25% expense ratio, compared with 1.78% for BCCL.NEO.
BCCL.NEO is categorized as Cryptocurrency, while HXQ.TO is Nasdaq-100. Their fees differ too: 1.78% for BCCL.NEO and 0.25% for HXQ.TO.
Find the right allocation for BCCL.NEO and HXQ.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer