DGX.V vs. QQQY

Last updated Jul 21, 2026

DGX.V (Digi Power X Inc) is a stock, while QQQY (Defiance Nasdaq 100 Enhanced Options Income ETF) is Nasdaq-100 fund actively managed by Defiance. At a 0.23 correlation, their price movements are largely independent.

Performance

DGX.V vs. QQQY - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Digi Power X Inc (DGX.V) and Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

DGX.V is traded in CAD, while QQQY is traded in USD. To make them comparable, the QQQY values have been converted to CAD using the latest available exchange rates.

Returns By Period

DGX.V

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

QQQY

• 1D: -0.20%
• 1M: -5.33%
• 6M: 14.92%
• YTD: 15.54%
• 1Y: 23.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.62%

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

DGX.V vs. QQQY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DGX.V Digi Power X Inc	8.91%	62.62%	-30.07%	137.21%
QQQY Defiance Nasdaq 100 Enhanced Options Income ETF	15.54%	9.71%	16.81%	4.64%

Correlation

The correlation between DGX.V and QQQY is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (All Time) Calculated using the full available price history since Sep 14, 2023	0.23

Return for Risk

DGX.V vs. QQQY — Risk / Return Rank

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

DGX.V

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

QQQY

QQQY Risk / Return Rank: 51
QQQY Sharpe Ratio Rank: 50
QQQY Sortino Ratio Rank: 45
QQQY Omega Ratio Rank: 51
QQQY Calmar Ratio Rank: 52
QQQY Martin Ratio Rank: 59

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.

DGX.V vs. QQQY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Digi Power X Inc (DGX.V) and Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY). 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.

	DGX.V	QQQY	Difference
Sharpe ratio: Return per unit of total volatility	—	1.43	—
Sortino ratio: Return per unit of downside risk	—	1.97	—
Omega ratio: Gain probability vs. loss probability	—	1.26	—
Calmar ratio: Return relative to maximum drawdown	—	2.25	—
Martin ratio: Return relative to average drawdown	—	7.56	—

Drawdowns

Drawdown Indicators

	DGX.V	QQQY	Difference
Max Drawdown Largest peak-to-trough decline	—	-19.87%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-10.88%	—
Current Drawdown Current decline from peak	—	-6.49%	—
Average Drawdown Average peak-to-trough decline	—	-3.13%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.23%	—

Volatility

Volatility by Period

	DGX.V	QQQY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.48%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.02%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	17.12%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	16.26%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	16.26%	—

Dividends

DGX.V vs. QQQY - Dividend Comparison

DGX.V has not paid dividends to shareholders, while QQQY's dividend yield for the trailing twelve months is around 37.35%.

Position	TTM	2025	2024	2023
DGX.V Digi Power X Inc	0.00%	0.00%	0.00%	0.00%
QQQY Defiance Nasdaq 100 Enhanced Options Income ETF	37.35%	45.34%	83.34%	20.64%

Frequently Asked Questions

Can I hold both DGX.V and QQQY in my portfolio?

DGX.V and QQQY have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.