FVC vs. QCLR

Last updated Jun 25, 2026

FVC (First Trust Dorsey Wright Dynamic Focus 5 ETF) and QCLR (Global X NASDAQ 100 Collar 95-110 ETF) are both exchange-traded funds - FVC is a Hedge Fund fund tracking the Dorsey Wright Dynamic Focus Five Index, while QCLR is a Nasdaq-100 fund tracking the NASDAQ-100 Quarterly Collar 95-110 Index. Both are passively managed. Over the past 3 years, FVC returned 9.81%/yr vs 13.69%/yr for QCLR. A 0.62 correlation means they provide meaningful diversification when combined. FVC charges 0.71%/yr vs 0.60%/yr for QCLR.

Performance

FVC vs. QCLR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) and Global X NASDAQ 100 Collar 95-110 ETF (QCLR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FVC achieves a 14.86% return, which is significantly higher than QCLR's -0.24% return.

FVC

• 1D: -0.05%
• 1M: 1.47%
• YTD: 14.86%
• 6M: 13.30%
• 1Y: 20.47%
• 3Y*: 9.81%
• 5Y*: 4.32%
• 10Y*: 8.56%

QCLR

• 1D: -0.45%
• 1M: -1.31%
• YTD: -0.24%
• 6M: -1.20%
• 1Y: 7.72%
• 3Y*: 13.69%
• 5Y*: —
• 10Y*: —

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

FVC vs. QCLR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FVC First Trust Dorsey Wright Dynamic Focus 5 ETF	14.86%	2.12%	12.43%	-4.59%	-6.03%	2.49%
QCLR Global X NASDAQ 100 Collar 95-110 ETF	-0.24%	11.27%	20.27%	28.87%	-18.87%	2.29%

Correlation

The correlation between FVC and QCLR is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (All Time) Calculated using the full available price history since Aug 26, 2021	0.62

The correlation between FVC and QCLR shifts across timeframes, from 0.62 (all time) to 0.72 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

FVC vs. QCLR — Risk / Return Rank

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

FVC

FVC Risk / Return Rank: 43
FVC Sharpe Ratio Rank: 46
FVC Sortino Ratio Rank: 43
FVC Omega Ratio Rank: 51
FVC Calmar Ratio Rank: 34
FVC Martin Ratio Rank: 41

QCLR

QCLR Risk / Return Rank: 23
QCLR Sharpe Ratio Rank: 24
QCLR Sortino Ratio Rank: 22
QCLR Omega Ratio Rank: 24
QCLR Calmar Ratio Rank: 19
QCLR Martin Ratio Rank: 23

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.

FVC vs. QCLR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) 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.

	FVC	QCLR	Difference
Sharpe ratio: Return per unit of total volatility	1.43	0.81	+0.63
Sortino ratio: Return per unit of downside risk	1.98	1.12	+0.86
Omega ratio: Gain probability vs. loss probability	1.29	1.15	+0.13
Calmar ratio: Return relative to maximum drawdown	1.54	0.76	+0.78
Martin ratio: Return relative to average drawdown	6.00	2.72	+3.28

FVC vs. QCLR - Sharpe Ratio Comparison

The current FVC Sharpe Ratio is 1.43, which is higher than the QCLR Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of FVC and QCLR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FVC vs. QCLR - Drawdown Comparison

The maximum FVC drawdown since its inception was -30.96%, which is greater than QCLR's maximum drawdown of -21.77%. Use the drawdown chart below to compare losses from any high point for FVC and QCLR.

Drawdown Indicators

	FVC	QCLR	Difference
Max Drawdown Largest peak-to-trough decline	-30.96%	-21.77%	-9.19%
Max Drawdown (1Y) Largest decline over 1 year	-13.32%	-10.22%	-3.10%
Max Drawdown (3Y) Largest decline over 3 years	-14.75%	-13.58%	-1.17%
Max Drawdown (5Y) Largest decline over 5 years	-22.62%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-30.96%	—	—
Current Drawdown Current decline from peak	-2.17%	-2.49%	+0.32%
Average Drawdown Average peak-to-trough decline	-7.03%	-6.13%	-0.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.42%	2.85%	+0.57%

Volatility

FVC vs. QCLR - Volatility Comparison

First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) has a higher volatility of 6.76% compared to Global X NASDAQ 100 Collar 95-110 ETF (QCLR) at 1.63%. This indicates that FVC'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.

Volatility by Period

	FVC	QCLR	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.76%	1.63%	+5.13%
Volatility (6M) Calculated over the trailing 6-month period	13.66%	6.50%	+7.16%
Volatility (1Y) Calculated over the trailing 1-year period	14.35%	9.67%	+4.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.49%	12.37%	+4.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.68%	12.37%	+5.31%

FVC vs. QCLR - Expense Ratio Comparison

FVC has a 0.71% expense ratio, which is higher than QCLR's 0.60% expense ratio.

Dividends

FVC vs. QCLR - Dividend Comparison

FVC's dividend yield for the trailing twelve months is around 1.96%, less than QCLR's 14.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FVC First Trust Dorsey Wright Dynamic Focus 5 ETF	1.96%	2.57%	0.78%	1.89%	1.50%	0.09%	0.21%	1.07%	0.24%	0.63%	0.67%
QCLR Global X NASDAQ 100 Collar 95-110 ETF	14.92%	14.89%	8.89%	0.47%	0.27%	1.64%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FVC and QCLR in my portfolio?

FVC and QCLR have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FVC or QCLR?

FVC has higher volatility (6.76%) compared to QCLR (1.63%). In terms of maximum drawdown, FVC dropped -30.96% vs QCLR's -21.77%.

Which ETF is better, FVC or QCLR?

On 3-year performance, QCLR leads with 13.69% vs 9.81% for FVC. On fees, QCLR is cheaper at 0.60% per year. On volatility, QCLR has been the lower-risk option at 1.63%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FVC or QCLR?

Over the 3-year period, QCLR has performed better with a 13.69% return vs 9.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FVC or QCLR?

QCLR is cheaper with a 0.60% expense ratio, compared with 0.71% for FVC.

Which ETF pays a higher dividend yield, FVC or QCLR?

QCLR has the higher dividend yield at 14.92%, compared with 1.96% for FVC.

What is the main difference between FVC and QCLR?

FVC is categorized as Hedge Fund, while QCLR is Nasdaq-100. FVC tracks Dorsey Wright Dynamic Focus Five Index, while QCLR tracks NASDAQ-100 Quarterly Collar 95-110 Index. They also come from different issuers: First Trust and Global X. Their fees differ too: 0.71% for FVC and 0.60% for QCLR.

Which has better risk-adjusted returns?

FVC currently has the higher Sharpe Ratio (1.43 vs 0.81), 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.