CLAR vs. QQCL.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Clarus Corporation (CLAR) and Global X Enhanced NASDAQ-100 Covered Call ETF (QQCL.TO).

QQCL.TO is an actively managed fund by Global X. It was launched on Oct 10, 2023.

Performance

CLAR vs. QQCL.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Clarus Corporation (CLAR) and Global X Enhanced NASDAQ-100 Covered Call ETF (QQCL.TO). The values are adjusted to include any dividend payments, if applicable.

CLAR vs. QQCL.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CLAR Clarus Corporation	-18.07%	-23.57%	-33.36%	13.14%
QQCL.TO Global X Enhanced NASDAQ-100 Covered Call ETF	-5.89%	18.52%	30.22%	8.23%

Different Trading Currencies

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

Returns By Period

In the year-to-date period, CLAR achieves a -18.07% return, which is significantly lower than QQCL.TO's -5.89% return.

CLAR

• 1D: 3.03%
• 1M: -13.14%
• YTD: -18.07%
• 6M: -21.00%
• 1Y: -25.15%
• 3Y*: -32.48%
• 5Y*: -30.11%
• 10Y*: -3.99%

QQCL.TO

• 1D: 2.75%
• 1M: -5.77%
• YTD: -5.89%
• 6M: -2.41%
• 1Y: 22.01%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

CLAR vs. QQCL.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CLAR

CLAR Risk / Return Rank: 14
CLAR Sharpe Ratio Rank: 17
CLAR Sortino Ratio Rank: 18
CLAR Omega Ratio Rank: 19
CLAR Calmar Ratio Rank: 12
CLAR Martin Ratio Rank: 3

QQCL.TO

QQCL.TO Risk / Return Rank: 48
QQCL.TO Sharpe Ratio Rank: 43
QQCL.TO Sortino Ratio Rank: 45
QQCL.TO Omega Ratio Rank: 51
QQCL.TO Calmar Ratio Rank: 49
QQCL.TO Martin Ratio Rank: 51

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.

CLAR vs. QQCL.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Clarus Corporation (CLAR) and Global X Enhanced NASDAQ-100 Covered Call ETF (QQCL.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.

	CLAR	QQCL.TO	Difference
Sharpe ratio Return per unit of total volatility	-0.55	0.90	-1.45
Sortino ratio Return per unit of downside risk	-0.58	1.45	-2.03
Omega ratio Gain probability vs. loss probability	0.93	1.22	-0.29
Calmar ratio Return relative to maximum drawdown	-0.81	1.37	-2.18
Martin ratio Return relative to average drawdown	-1.85	6.63	-8.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CLAR vs. QQCL.TO - Sharpe Ratio Comparison

The current CLAR Sharpe Ratio is -0.55, which is lower than the QQCL.TO Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of CLAR and QQCL.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CLAR	QQCL.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.55	0.90	-1.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.58	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.09	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.06	0.96	-1.02

Correlation

The correlation between CLAR and QQCL.TO is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CLAR vs. QQCL.TO - Dividend Comparison

CLAR's dividend yield for the trailing twelve months is around 3.68%, less than QQCL.TO's 14.48% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
CLAR Clarus Corporation	3.68%	2.99%	2.22%	1.45%	1.28%	0.36%	0.49%	0.74%	0.49%
QQCL.TO Global X Enhanced NASDAQ-100 Covered Call ETF	14.48%	14.54%	11.87%	3.68%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

CLAR vs. QQCL.TO - Drawdown Comparison

The maximum CLAR drawdown since its inception was -97.85%, which is greater than QQCL.TO's maximum drawdown of -25.79%. Use the drawdown chart below to compare losses from any high point for CLAR and QQCL.TO.

Drawdown Indicators

	CLAR	QQCL.TO	Difference
Max Drawdown Largest peak-to-trough decline	-97.85%	-25.63%	-72.22%
Max Drawdown (1Y) Largest decline over 1 year	-32.91%	-16.21%	-16.70%
Max Drawdown (5Y) Largest decline over 5 years	-90.80%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-90.80%	—	—
Current Drawdown Current decline from peak	-97.79%	-8.32%	-89.47%
Average Drawdown Average peak-to-trough decline	-88.97%	-3.48%	-85.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.44%	4.04%	+10.40%

Volatility

CLAR vs. QQCL.TO - Volatility Comparison

Clarus Corporation (CLAR) has a higher volatility of 11.89% compared to Global X Enhanced NASDAQ-100 Covered Call ETF (QQCL.TO) at 7.01%. This indicates that CLAR's price experiences larger fluctuations and is considered to be riskier than QQCL.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CLAR	QQCL.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.89%	7.01%	+4.88%
Volatility (6M) Calculated over the trailing 6-month period	29.95%	12.98%	+16.97%
Volatility (1Y) Calculated over the trailing 1-year period	45.93%	24.51%	+21.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.03%	21.06%	+30.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.02%	21.06%	+24.96%