FTHI vs. QCLR
FTHI (First Trust BuyWrite Income ETF) and QCLR (Global X NASDAQ 100 Collar 95-110 ETF) are both exchange-traded funds - FTHI is a Derivative Income fund actively managed by First Trust, while QCLR is a Nasdaq-100 fund tracking the NASDAQ-100 Quarterly Collar 95-110 Index. FTHI is actively managed, while QCLR is passively managed. Over the past 3 years, FTHI returned 14.28%/yr vs 13.86%/yr for QCLR. A 0.67 correlation means they provide meaningful diversification when combined. FTHI charges 0.85%/yr vs 0.60%/yr for QCLR.
Performance
FTHI vs. QCLR - Performance Comparison
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Returns By Period
In the year-to-date period, FTHI achieves a 4.88% return, which is significantly higher than QCLR's 0.21% return.
FTHI
- 1D
- -0.71%
- 1M
- -0.04%
- YTD
- 4.88%
- 6M
- 4.13%
- 1Y
- 15.40%
- 3Y*
- 14.28%
- 5Y*
- 10.33%
- 10Y*
- 8.66%
QCLR
- 1D
- -1.44%
- 1M
- -0.86%
- YTD
- 0.21%
- 6M
- -0.60%
- 1Y
- 9.10%
- 3Y*
- 13.86%
- 5Y*
- —
- 10Y*
- —
FTHI vs. QCLR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FTHI First Trust BuyWrite Income ETF | 4.88% | 11.03% | 19.02% | 20.72% | -4.37% | 3.15% |
QCLR Global X NASDAQ 100 Collar 95-110 ETF | 0.21% | 11.27% | 20.27% | 28.87% | -18.87% | 2.29% |
Correlation
The correlation between FTHI and QCLR is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Aug 26, 2021 | 0.67 |
The correlation between FTHI and QCLR shifts across timeframes, from 0.67 (all time) to 0.80 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
FTHI vs. QCLR — Risk / Return Rank
FTHI
QCLR
FTHI vs. QCLR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust BuyWrite Income ETF (FTHI) and Global X NASDAQ 100 Collar 95-110 ETF (QCLR). 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.
| FTHI | QCLR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.76 | ||
| Sortino ratioReturn per unit of downside risk | +1.15 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.18 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.83 | 0.89 | +1.93 |
| Martin ratioReturn relative to average drawdown | 12.09 | 3.21 | +8.88 |
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Drawdowns
FTHI vs. QCLR - Drawdown Comparison
The maximum FTHI drawdown since its inception was -32.65%, which is greater than QCLR's maximum drawdown of -21.77%. Use the drawdown chart below to compare losses from any high point for FTHI and QCLR.
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Drawdown Indicators
| FTHI | QCLR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.65% | -21.77% | -10.88% |
Max Drawdown (1Y)Largest decline over 1 year | -5.47% | -10.22% | +4.75% |
Max Drawdown (3Y)Largest decline over 3 years | -15.92% | -13.58% | -2.34% |
Max Drawdown (5Y)Largest decline over 5 years | -16.70% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -32.65% | — | — |
Current DrawdownCurrent decline from peak | -0.71% | -2.05% | +1.34% |
Average DrawdownAverage peak-to-trough decline | -3.67% | -6.14% | +2.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.28% | 2.84% | -1.56% |
Volatility
FTHI vs. QCLR - Volatility Comparison
First Trust BuyWrite Income ETF (FTHI) has a higher volatility of 2.70% compared to Global X NASDAQ 100 Collar 95-110 ETF (QCLR) at 1.58%. This indicates that FTHI's price experiences larger fluctuations and is considered to be riskier than QCLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FTHI | QCLR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.70% | 1.58% | +1.12% |
Volatility (6M)Calculated over the trailing 6-month period | 7.32% | 6.59% | +0.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.08% | 9.68% | -0.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.43% | 12.38% | +1.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.29% | 12.38% | +1.91% |
FTHI vs. QCLR - Expense Ratio Comparison
FTHI has a 0.85% expense ratio, which is higher than QCLR's 0.60% expense ratio.
Dividends
FTHI vs. QCLR - Dividend Comparison
FTHI's dividend yield for the trailing twelve months is around 8.72%, less than QCLR's 14.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTHI First Trust BuyWrite Income ETF | 8.72% | 8.70% | 8.61% | 8.50% | 9.06% | 4.37% | 4.76% | 4.21% | 4.76% | 4.00% | 4.41% | 4.98% |
QCLR Global X NASDAQ 100 Collar 95-110 ETF | 14.86% | 14.89% | 8.89% | 0.47% | 0.27% | 1.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FTHI and QCLR have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FTHI has higher volatility (2.70%) compared to QCLR (1.58%). In terms of maximum drawdown, FTHI dropped -32.65% vs QCLR's -21.77%.
On 3-year performance, FTHI leads with 14.28% vs 13.86% for QCLR. On fees, QCLR is cheaper at 0.60% per year. On volatility, QCLR has been the lower-risk option at 1.58%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, FTHI has performed better with a 14.28% return vs 13.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
QCLR is cheaper with a 0.60% expense ratio, compared with 0.85% for FTHI.
QCLR has the higher dividend yield at 14.86%, compared with 8.72% for FTHI.
FTHI is categorized as Derivative Income, while QCLR is Nasdaq-100. They also come from different issuers: First Trust and Global X. Their fees differ too: 0.85% for FTHI and 0.60% for QCLR.
FTHI currently has the higher Sharpe Ratio (1.71 vs 0.95), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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