FLT.V vs. QQC.TO

Last updated Jun 6, 2026

FLT.V (Drone Delivery Canada Corp.) is a stock, while QQC.TO (Invesco NASDAQ 100 Index ETF CAD Hedged) is Nasdaq-100 fund tracking the NASDAQ-100 Index. At a 0.10 correlation, their price movements are largely independent.

Performance

FLT.V vs. QQC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Drone Delivery Canada Corp. (FLT.V) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FLT.V

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

QQC.TO

• 1D: -4.46%
• 1M: 3.65%
• YTD: 16.65%
• 6M: 13.86%
• 1Y: 37.42%
• 3Y*: 27.93%
• 5Y*: 20.34%
• 10Y*: —

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

FLT.V vs. QQC.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FLT.V Drone Delivery Canada Corp.	23.64%	279.31%	-9.37%	-42.86%	-62.67%	-38.52%
QQC.TO Invesco NASDAQ 100 Index ETF CAD Hedged	16.65%	15.38%	35.74%	51.68%	-28.05%	25.39%

Correlation

The correlation between FLT.V and QQC.TO is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.03
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (All Time) Calculated using the full available price history since May 28, 2021	0.10

The correlation between FLT.V and QQC.TO shifts across timeframes, from 0.03 (3 years) to 0.19 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

FLT.V vs. QQC.TO — Risk / Return Rank

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

QQC.TO

QQC.TO Risk / Return Rank: 71
QQC.TO Sharpe Ratio Rank: 78
QQC.TO Sortino Ratio Rank: 72
QQC.TO Omega Ratio Rank: 77
QQC.TO Calmar Ratio Rank: 67
QQC.TO 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.

FLT.V vs. QQC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Drone Delivery Canada Corp. (FLT.V) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.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.

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

Sharpe Ratios by Period

	FLT.V	QQC.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.35	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.98	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.96	—

Drawdowns

Drawdown Indicators

	FLT.V	QQC.TO	Difference
Max Drawdown Largest peak-to-trough decline	—	-31.81%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-12.14%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.58%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-31.81%	—
Current Drawdown Current decline from peak	—	-4.89%	—
Average Drawdown Average peak-to-trough decline	—	-8.04%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.83%	—

Volatility

Volatility by Period

	FLT.V	QQC.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.40%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.50%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	16.01%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	20.94%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	20.90%	—

Dividends

FLT.V vs. QQC.TO - Dividend Comparison

FLT.V has not paid dividends to shareholders, while QQC.TO's dividend yield for the trailing twelve months is around 0.33%.

Position	TTM	2025	2024	2023	2022	2021
FLT.V Drone Delivery Canada Corp.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QQC.TO Invesco NASDAQ 100 Index ETF CAD Hedged	0.33%	0.39%	0.45%	0.54%	0.91%	0.56%

Frequently Asked Questions

Can I hold both FLT.V and QQC.TO in my portfolio?

FLT.V and QQC.TO have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.