HAL.TO vs. QQCC.TO

Last updated Jun 4, 2026

HAL.TO (Global X Active Canadian Dividend ETF) and QQCC.TO (Global X NASDAQ-100 Covered Call ETF) are both exchange-traded funds - HAL.TO is a Canada Equities fund actively managed by Global X, while QQCC.TO is a Nasdaq-100 fund managed by Global X. Over the past 10 years, HAL.TO returned 11.69%/yr vs 10.87%/yr for QQCC.TO. At a 0.38 correlation, their price movements are largely independent. HAL.TO charges 0.67%/yr vs 0.65%/yr for QQCC.TO.

Performance

HAL.TO vs. QQCC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Active Canadian Dividend ETF (HAL.TO) and Global X NASDAQ-100 Covered Call ETF (QQCC.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with HAL.TO having a 17.28% return and QQCC.TO slightly lower at 16.94%. Over the past 10 years, HAL.TO has outperformed QQCC.TO with an annualized return of 11.69%, while QQCC.TO has yielded a comparatively lower 10.87% annualized return.

HAL.TO

• 1D: 1.49%
• 1M: 3.85%
• YTD: 17.28%
• 6M: 20.97%
• 1Y: 42.29%
• 3Y*: 21.26%
• 5Y*: 14.92%
• 10Y*: 11.69%

QQCC.TO

• 1D: 0.69%
• 1M: 10.18%
• YTD: 16.94%
• 6M: 14.76%
• 1Y: 35.05%
• 3Y*: 23.56%
• 5Y*: 15.67%
• 10Y*: 10.87%

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

HAL.TO vs. QQCC.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HAL.TO Global X Active Canadian Dividend ETF	17.28%	24.60%	21.69%	-0.73%	3.43%	21.17%	-2.64%	25.04%	-6.22%	7.10%
QQCC.TO Global X NASDAQ-100 Covered Call ETF	16.94%	11.64%	33.48%	35.99%	-8.51%	7.92%	-3.26%	16.18%	-15.89%	18.77%

Correlation

The correlation between HAL.TO and QQCC.TO is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (10Y) Calculated over the trailing 10-year period	0.40
Correlation (All Time) Calculated using the full available price history since Sep 15, 2011	0.38

HAL.TO vs. QQCC.TO - Sectors Allocation Comparison

Sectors	HAL.TO	QQCC.TO
Energy	25.2%	0.7%
Financial Services	24.9%	0.2%
Industrials	15.3%	3.3%
Basic Materials	12.9%	1.3%
Utilities	12.6%	1.5%
Consumer Defensive	4.0%	8.6%
Real Estate	3.2%	0.1%
Consumer Cyclical	1.8%	12.6%
Communication Services	-	16.1%
Healthcare	-	5.1%
Technology	-	50.5%

Return for Risk

HAL.TO vs. QQCC.TO — Risk / Return Rank

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

HAL.TO

HAL.TO Risk / Return Rank: 96
HAL.TO Sharpe Ratio Rank: 97
HAL.TO Sortino Ratio Rank: 97
HAL.TO Omega Ratio Rank: 97
HAL.TO Calmar Ratio Rank: 95
HAL.TO Martin Ratio Rank: 96

QQCC.TO

QQCC.TO Risk / Return Rank: 82
QQCC.TO Sharpe Ratio Rank: 83
QQCC.TO Sortino Ratio Rank: 82
QQCC.TO Omega Ratio Rank: 82
QQCC.TO Calmar Ratio Rank: 81
QQCC.TO Martin Ratio Rank: 80

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.

HAL.TO vs. QQCC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Active Canadian Dividend ETF (HAL.TO) 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.

	HAL.TO	QQCC.TO	Difference
Sharpe ratio: Return per unit of total volatility	4.46	2.76	+1.70
Sortino ratio: Return per unit of downside risk	6.04	3.72	+2.32
Omega ratio: Gain probability vs. loss probability	1.93	1.50	+0.43
Calmar ratio: Return relative to maximum drawdown	8.26	4.32	+3.94
Martin ratio: Return relative to average drawdown	37.67	16.04	+21.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HAL.TO vs. QQCC.TO - Sharpe Ratio Comparison

The current HAL.TO Sharpe Ratio is 4.46, which is higher than the QQCC.TO Sharpe Ratio of 2.76. The chart below compares the historical Sharpe Ratios of HAL.TO and QQCC.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HAL.TO	QQCC.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.46	2.76	+1.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.21	0.90	+0.32
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.79	0.63	+0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	0.00	+0.79

Drawdowns

HAL.TO vs. QQCC.TO - Drawdown Comparison

The maximum HAL.TO drawdown since its inception was -39.70%, which is greater than QQCC.TO's maximum drawdown of -36.70%. Use the drawdown chart below to compare losses from any high point for HAL.TO and QQCC.TO.

Drawdown Indicators

	HAL.TO	QQCC.TO	Difference
Max Drawdown Largest peak-to-trough decline	-39.70%	-36.70%	-3.00%
Max Drawdown (1Y) Largest decline over 1 year	-5.15%	-8.15%	+3.00%
Max Drawdown (3Y) Largest decline over 3 years	-12.44%	-22.24%	+9.80%
Max Drawdown (5Y) Largest decline over 5 years	-16.43%	-22.24%	+5.81%
Max Drawdown (10Y) Largest decline over 10 years	-39.70%	-36.70%	-3.00%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-4.19%	-8.37%	+4.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.13%	2.19%	-1.06%

Volatility

HAL.TO vs. QQCC.TO - Volatility Comparison

The current volatility for Global X Active Canadian Dividend ETF (HAL.TO) is 2.48%, while Global X NASDAQ-100 Covered Call ETF (QQCC.TO) has a volatility of 3.75%. This indicates that HAL.TO experiences smaller price fluctuations and is considered to be less risky than QQCC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HAL.TO	QQCC.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.48%	3.75%	-1.27%
Volatility (6M) Calculated over the trailing 6-month period	7.85%	10.03%	-2.18%
Volatility (1Y) Calculated over the trailing 1-year period	9.53%	12.78%	-3.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.36%	17.58%	-5.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.85%	17.29%	-2.44%

HAL.TO vs. QQCC.TO - Expense Ratio Comparison

HAL.TO has a 0.67% expense ratio, which is higher than QQCC.TO's 0.65% expense ratio.

Dividends

HAL.TO vs. QQCC.TO - Dividend Comparison

HAL.TO's dividend yield for the trailing twelve months is around 1.97%, less than QQCC.TO's 10.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HAL.TO Global X Active Canadian Dividend ETF	1.97%	2.37%	2.79%	3.60%	4.84%	2.99%	3.56%	2.96%	3.43%	3.17%	2.84%	3.19%
QQCC.TO Global X NASDAQ-100 Covered Call ETF	10.48%	11.27%	9.89%	11.85%	11.04%	5.15%	5.84%	6.31%	7.90%	6.01%	6.73%	8.89%

Frequently Asked Questions

Can I hold both HAL.TO and QQCC.TO in my portfolio?

HAL.TO and QQCC.TO have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HAL.TO or QQCC.TO?

On fees, QQCC.TO is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HAL.TO or QQCC.TO?

QQCC.TO is cheaper with a 0.65% expense ratio, compared with 0.67% for HAL.TO.

What is the main difference between HAL.TO and QQCC.TO?

HAL.TO is categorized as Canada Equities, while QQCC.TO is Nasdaq-100. Their fees differ too: 0.67% for HAL.TO and 0.65% for QQCC.TO.