FVC vs. QTR
FVC (First Trust Dorsey Wright Dynamic Focus 5 ETF) and QTR (Global X NASDAQ 100 Tail Risk ETF) are both exchange-traded funds - FVC is a Hedge Fund fund tracking the Dorsey Wright Dynamic Focus Five Index, while QTR is a Nasdaq-100 fund tracking the NASDAQ-100 Quarterly Protective Put 90 Index. Both are passively managed. Over the past 3 years, FVC returned 9.59%/yr vs 21.23%/yr for QTR. A 0.67 correlation means they provide meaningful diversification when combined. FVC charges 0.71%/yr vs 0.60%/yr for QTR.
Performance
FVC vs. QTR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FVC achieves a 15.43% return, which is significantly lower than QTR's 16.97% return.
FVC
- 1D
- 1.37%
- 1M
- 4.34%
- YTD
- 15.43%
- 6M
- 16.84%
- 1Y
- 21.69%
- 3Y*
- 9.59%
- 5Y*
- 5.18%
- 10Y*
- 8.42%
QTR
- 1D
- 2.44%
- 1M
- 5.51%
- YTD
- 16.97%
- 6M
- 17.75%
- 1Y
- 32.68%
- 3Y*
- 21.23%
- 5Y*
- —
- 10Y*
- —
FVC vs. QTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FVC First Trust Dorsey Wright Dynamic Focus 5 ETF | 15.43% | 2.12% | 12.43% | -4.59% | -6.03% | 2.49% |
QTR Global X NASDAQ 100 Tail Risk ETF | 16.97% | 14.52% | 21.46% | 45.53% | -29.94% | 4.16% |
Correlation
The correlation between FVC and QTR is 0.74, 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 | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Aug 26, 2021 | 0.67 |
The correlation between FVC and QTR shifts across timeframes, from 0.67 (all time) to 0.78 (3 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FVC vs. QTR — Risk / Return Rank
FVC
QTR
FVC vs. QTR - 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 Tail Risk ETF (QTR). 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 | QTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.54 | ||
| Sortino ratioReturn per unit of downside risk | -0.65 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.37 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.64 | 2.67 | -1.04 |
| Martin ratioReturn relative to average drawdown | 6.36 | 8.96 | -2.60 |
Loading charts...
Drawdowns
FVC vs. QTR - Drawdown Comparison
The maximum FVC drawdown since its inception was -30.96%, roughly equal to the maximum QTR drawdown of -31.72%. Use the drawdown chart below to compare losses from any high point for FVC and QTR.
Loading charts...
Drawdown Indicators
| FVC | QTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.96% | -31.72% | +0.76% |
Max Drawdown (1Y)Largest decline over 1 year | -13.32% | -12.29% | -1.03% |
Max Drawdown (3Y)Largest decline over 3 years | -14.75% | -18.99% | +4.24% |
Max Drawdown (5Y)Largest decline over 5 years | -22.62% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -30.96% | — | — |
Current DrawdownCurrent decline from peak | -1.69% | -0.81% | -0.88% |
Average DrawdownAverage peak-to-trough decline | -7.04% | -8.78% | +1.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.42% | 3.66% | -0.24% |
Volatility
FVC vs. QTR - Volatility Comparison
The current volatility for First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) is 6.45%, while Global X NASDAQ 100 Tail Risk ETF (QTR) has a volatility of 8.11%. This indicates that FVC experiences smaller price fluctuations and is considered to be less risky than QTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FVC | QTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.45% | 8.11% | -1.66% |
Volatility (6M)Calculated over the trailing 6-month period | 13.58% | 12.87% | +0.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.14% | 15.79% | -1.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.46% | 18.33% | -1.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.69% | 18.33% | -0.64% |
FVC vs. QTR - Expense Ratio Comparison
FVC has a 0.71% expense ratio, which is higher than QTR's 0.60% expense ratio.
Dividends
FVC vs. QTR - Dividend Comparison
FVC's dividend yield for the trailing twelve months is around 1.95%, less than QTR's 16.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
FVC First Trust Dorsey Wright Dynamic Focus 5 ETF | 1.95% | 2.57% | 0.78% | 1.89% | 1.50% | 0.09% | 0.21% | 1.07% | 0.24% | 0.63% | 0.67% |
QTR Global X NASDAQ 100 Tail Risk ETF | 16.05% | 18.77% | 0.50% | 0.53% | 0.36% | 1.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FVC and QTR have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QTR has higher volatility (8.11%) compared to FVC (6.45%). In terms of maximum drawdown, FVC dropped -30.96% vs QTR's -31.72%.
On 3-year performance, QTR leads with 21.23% vs 9.59% for FVC. On fees, QTR is cheaper at 0.60% per year. On volatility, FVC has been the lower-risk option at 6.45%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, QTR has performed better with a 21.23% return vs 9.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
QTR is cheaper with a 0.60% expense ratio, compared with 0.71% for FVC.
QTR has the higher dividend yield at 16.05%, compared with 1.95% for FVC.
FVC is categorized as Hedge Fund, while QTR is Nasdaq-100. FVC tracks Dorsey Wright Dynamic Focus Five Index, while QTR tracks NASDAQ-100 Quarterly Protective Put 90 Index. They also come from different issuers: First Trust and Global X. Their fees differ too: 0.71% for FVC and 0.60% for QTR.
QTR currently has the higher Sharpe Ratio (2.08 vs 1.54), 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.
Find the right allocation for FVC and QTR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer