PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
HAZ.TO vs. QQCC.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

HAZ.TO vs. QQCC.TO

Last updated Jun 17, 2026

HAZ.TO (Global X Active Global Dividend ETF) and QQCC.TO (Global X NASDAQ-100 Covered Call ETF) are both exchange-traded funds - HAZ.TO is a Global Equity Income fund actively managed by Global X, while QQCC.TO is a Nasdaq-100 fund managed by Global X. Over the past 10 years, HAZ.TO returned 11.47%/yr vs 1.28%/yr for QQCC.TO. At a 0.45 correlation, their price movements are largely independent.

Performance

HAZ.TO vs. QQCC.TO - Performance Comparison

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

Loading charts...

Returns By Period

In the year-to-date period, HAZ.TO achieves a 12.12% return, which is significantly lower than QQCC.TO's 16.46% return. Over the past 10 years, HAZ.TO has outperformed QQCC.TO with an annualized return of 11.47%, while QQCC.TO has yielded a comparatively lower 1.28% annualized return.

HAZ.TO

1D
-0.15%
1M
2.74%
YTD
12.12%
6M
11.57%
1Y
20.83%
3Y*
17.90%
5Y*
13.80%
10Y*
11.47%

QQCC.TO

1D
-1.50%
1M
4.23%
YTD
16.46%
6M
16.99%
1Y
34.49%
3Y*
23.47%
5Y*
-0.23%
10Y*
1.28%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)202520242023202220212020201920182017
HAZ.TO
Global X Active Global Dividend ETF		12.12%7.49%25.38%17.61%-8.86%27.34%7.50%15.27%-4.50%12.50%
QQCC.TO
Global X NASDAQ-100 Covered Call ETF		16.46%11.64%33.42%35.92%-55.98%5.24%-6.26%12.55%-18.79%15.14%

Correlation

The correlation between HAZ.TO and QQCC.TO is 0.66, 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

0.66

Correlation (3Y)
Calculated over the trailing 3-year period

0.67

Correlation (5Y)
Calculated over the trailing 5-year period

0.58

Correlation (10Y)
Calculated over the trailing 10-year period

0.49

Correlation (All Time)
Calculated using the full available price history since Sep 14, 2011

0.45

Over the past year, HAZ.TO and QQCC.TO have become more correlated (0.66) than their long-term average of 0.45, meaning their price movements have been converging.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X Active Global Dividend ETF

Global X NASDAQ-100 Covered Call ETF

Often compared with HAZ.TO:
HAZ.TO vs. CASH.TOHAZ.TO vs. HXT.TOHAZ.TO vs. PAYG.TOHAZ.TO vs. USCL.TOHAZ.TO vs. QQCL.TOHAZ.TO vs. CBIL.TOHAZ.TO vs. CHPS.TO
Often compared with QQCC.TO:
QQCC.TO vs. QQCL.TOQQCC.TO vs. QQC.TOQQCC.TO vs. QQQIQQCC.TO vs. QQQQQCC.TO vs. XQQ.TOQQCC.TO vs. NVDA.TOQQCC.TO vs. JEPQ.TO

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HAZ.TO
HAZ.TO Risk / Return Rank: 7171
Overall Rank
HAZ.TO Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
HAZ.TO Sortino Ratio Rank: 7171
Sortino Ratio Rank
HAZ.TO Omega Ratio Rank: 6363
Omega Ratio Rank
HAZ.TO Calmar Ratio Rank: 8080
Calmar Ratio Rank
HAZ.TO Martin Ratio Rank: 7575
Martin Ratio Rank
QQCC.TO
QQCC.TO Risk / Return Rank: 8181
Overall Rank
QQCC.TO Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
QQCC.TO Sortino Ratio Rank: 7979
Sortino Ratio Rank
QQCC.TO Omega Ratio Rank: 8181
Omega Ratio Rank
QQCC.TO Calmar Ratio Rank: 8383
Calmar Ratio Rank
QQCC.TO Martin Ratio Rank: 8181
Martin Ratio Rank
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.

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

This table presents a comparison of risk-adjusted performance metrics for Global X Active Global Dividend ETF (HAZ.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.

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.

HAZ.TOQQCC.TODifference
Sharpe ratioReturn per unit of total volatility
2.03
2.47

-0.44

Sortino ratioReturn per unit of downside risk
2.97
3.31

-0.34

Omega ratioGain probability vs. loss probability

1.35

1.46

-0.10

Calmar ratioReturn relative to maximum drawdown

3.82

4.25

-0.43

Martin ratioReturn relative to average drawdown

13.27

15.36

-2.09

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

The current HAZ.TO Sharpe Ratio is 2.03, which is comparable to the QQCC.TO Sharpe Ratio of 2.47. The chart below compares the historical Sharpe Ratios of HAZ.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.

Loading charts...

Drawdowns

HAZ.TO vs. QQCC.TO - Drawdown Comparison

The maximum HAZ.TO drawdown since its inception was -25.55%, smaller than the maximum QQCC.TO drawdown of -67.77%. Use the drawdown chart below to compare losses from any high point for HAZ.TO and QQCC.TO.

Loading charts...

Drawdown Indicators

HAZ.TOQQCC.TODifference

Max Drawdown

Largest peak-to-trough decline

-25.55%

-67.77%

+42.22%

Max Drawdown (1Y)

Largest decline over 1 year

-5.48%

-8.15%

+2.67%

Max Drawdown (3Y)

Largest decline over 3 years

-14.09%

-22.24%

+8.15%

Max Drawdown (5Y)

Largest decline over 5 years

-18.07%

-59.13%

+41.06%

Max Drawdown (10Y)

Largest decline over 10 years

-25.55%

-62.91%

+37.36%

Current Drawdown

Current decline from peak

-0.15%

-22.94%

+22.79%

Average Drawdown

Average peak-to-trough decline

-3.24%

-28.27%

+25.03%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.57%

2.25%

-0.68%

Volatility

HAZ.TO vs. QQCC.TO - Volatility Comparison

The current volatility for Global X Active Global Dividend ETF (HAZ.TO) is 2.90%, while Global X NASDAQ-100 Covered Call ETF (QQCC.TO) has a volatility of 6.98%. This indicates that HAZ.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.

Loading charts...

Volatility by Period

HAZ.TOQQCC.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

2.90%

6.98%

-4.08%

Volatility (6M)

Calculated over the trailing 6-month period

7.74%

11.69%

-3.95%

Volatility (1Y)

Calculated over the trailing 1-year period

10.32%

14.06%

-3.74%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.16%

28.37%

-16.21%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.30%

23.36%

-9.06%

Dividends

HAZ.TO vs. QQCC.TO - Dividend Comparison

HAZ.TO's dividend yield for the trailing twelve months is around 1.30%, less than QQCC.TO's 10.52% yield.

PositionTTM20252024202320222021202020192018201720162015
HAZ.TO
Global X Active Global Dividend ETF		1.30%1.48%0.96%1.78%3.40%1.71%1.93%2.27%2.31%2.20%2.40%2.51%
QQCC.TO
Global X NASDAQ-100 Covered Call ETF		10.52%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

HAZ.TO and QQCC.TO have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

HAZ.TO is categorized as Global Equity Income, while QQCC.TO is Nasdaq-100.

Portfolio Optimizer

Find the right allocation for HAZ.TO and QQCC.TO

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