FLT.V vs. QQCC.TO
FLT.V (Drone Delivery Canada Corp.) is a stock, while QQCC.TO (Global X NASDAQ-100 Covered Call ETF) is Nasdaq-100 fund managed by Global X. At a 0.14 correlation, their price movements are largely independent.
Performance
FLT.V vs. QQCC.TO - Performance Comparison
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Returns By Period
FLT.V
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QQCC.TO
- 1D
- -3.39%
- 1M
- 3.43%
- YTD
- 12.43%
- 6M
- 10.99%
- 1Y
- 31.03%
- 3Y*
- 21.99%
- 5Y*
- -1.17%
- 10Y*
- 0.62%
FLT.V vs. QQCC.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FLT.V Drone Delivery Canada Corp. | 23.64% | 279.31% | -9.37% | -42.86% | -62.67% | -8.54% | -1.20% | -40.71% | 50.54% |
QQCC.TO Global X NASDAQ-100 Covered Call ETF | 12.43% | 11.64% | 33.42% | 35.92% | -55.98% | 5.24% | -6.26% | 12.55% | -19.49% |
Correlation
The correlation between FLT.V and QQCC.TO is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2018 | 0.14 |
The correlation between FLT.V and QQCC.TO shifts across timeframes, from 0.04 (3 years) to 0.20 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
FLT.V vs. QQCC.TO — Risk / Return Rank
FLT.V
QQCC.TO
FLT.V vs. QQCC.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Drone Delivery Canada Corp. (FLT.V) and Global X NASDAQ-100 Covered Call ETF (QQCC.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.
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Sharpe Ratios by Period
| FLT.V | QQCC.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.36 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.04 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.03 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | — | -0.07 | — |
Drawdowns
FLT.V vs. QQCC.TO - Drawdown Comparison
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Drawdown Indicators
| FLT.V | QQCC.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -67.77% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.15% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.24% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -59.28% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -62.91% | — |
Current DrawdownCurrent decline from peak | — | -25.60% | — |
Average DrawdownAverage peak-to-trough decline | — | -28.29% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.20% | — |
Volatility
FLT.V vs. QQCC.TO - Volatility Comparison
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Volatility by Period
| FLT.V | QQCC.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.28% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 10.65% | — |
Volatility (1Y)Calculated over the trailing 1-year period | — | 13.25% | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | — | 28.27% | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | — | 23.32% | — |
Dividends
FLT.V vs. QQCC.TO - Dividend Comparison
FLT.V has not paid dividends to shareholders, while QQCC.TO's dividend yield for the trailing twelve months is around 10.90%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLT.V Drone Delivery Canada Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQCC.TO Global X NASDAQ-100 Covered Call ETF | 10.90% | 11.27% | 9.84% | 11.79% | 11.06% | 2.58% | 2.92% | 3.14% | 3.96% | 3.00% | 3.36% | 4.44% |
Frequently Asked Questions
FLT.V and QQCC.TO have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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