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HXEM.TO vs. QQCC.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

HXEM.TO vs. QQCC.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Global X Emerging Markets Equity Index Corporate Class ETF (HXEM.TO) and Global X NASDAQ-100 Covered Call ETF (QQCC.TO).

HXEM.TO and QQCC.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HXEM.TO is a passively managed fund by Global X that tracks the performance of the Global X Emerging Markets Futures Roll Index (Total Return). It was launched on Aug 4, 2020. QQCC.TO is managed by Global X. It was launched on Sep 13, 2011.

Performance

HXEM.TO vs. QQCC.TO - Performance Comparison

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

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

2026 (YTD)202520242023202220212020
HXEM.TO
Global X Emerging Markets Equity Index Corporate Class ETF		4.95%26.46%14.53%7.09%-16.39%-2.71%12.33%
QQCC.TO
Global X NASDAQ-100 Covered Call ETF		-3.61%11.64%33.48%35.99%-8.51%7.92%12.11%

Returns By Period

In the year-to-date period, HXEM.TO achieves a 4.95% return, which is significantly higher than QQCC.TO's -3.61% return.

HXEM.TO

1D
3.92%
1M
-7.43%
YTD
4.95%
6M
7.44%
1Y
27.91%
3Y*
16.05%
5Y*
5.13%
10Y*
—

QQCC.TO

1D
1.82%
1M
-3.14%
YTD
-3.61%
6M
-1.75%
1Y
15.14%
3Y*
18.64%
5Y*
12.76%
10Y*
9.08%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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Global X Emerging Markets Equity Index Corporate Class ETF

Global X NASDAQ-100 Covered Call ETF

Often compared with HXEM.TO:
HXEM.TO vs. VEE.TOHXEM.TO vs. ZEM.TOHXEM.TO vs. XEC.TOHXEM.TO vs. XEMC.TOHXEM.TO vs. XSEM.TOHXEM.TO vs. XMM.TOHXEM.TO vs. HXS.TO
Often compared with QQCC.TO:
QQCC.TO vs. QQCL.TOQQCC.TO vs. QQC.TOQQCC.TO vs. QQQIQQCC.TO vs. QQQQQCC.TO vs. NVDA.TOQQCC.TO vs. XQQ.TOQQCC.TO vs. HXQ.TO

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

HXEM.TO has a 0.25% expense ratio, which is lower than QQCC.TO's 0.65% expense ratio.

QQCC.TO
Global X NASDAQ-100 Covered Call ETF
HXEM.TO
Global X Emerging Markets Equity Index Corporate Class ETF

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HXEM.TO
HXEM.TO Risk / Return Rank: 7373
Overall Rank
HXEM.TO Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
HXEM.TO Sortino Ratio Rank: 7373
Sortino Ratio Rank
HXEM.TO Omega Ratio Rank: 7171
Omega Ratio Rank
HXEM.TO Calmar Ratio Rank: 7979
Calmar Ratio Rank
HXEM.TO Martin Ratio Rank: 7070
Martin Ratio Rank
QQCC.TO
QQCC.TO Risk / Return Rank: 4848
Overall Rank
QQCC.TO Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
QQCC.TO Sortino Ratio Rank: 4242
Sortino Ratio Rank
QQCC.TO Omega Ratio Rank: 5151
Omega Ratio Rank
QQCC.TO Calmar Ratio Rank: 4848
Calmar Ratio Rank
QQCC.TO Martin Ratio Rank: 5454
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.

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

This table presents a comparison of risk-adjusted performance metrics for Global X Emerging Markets Equity Index Corporate Class ETF (HXEM.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.

HXEM.TOQQCC.TODifference

Sharpe ratio

Return per unit of total volatility

1.39

0.75

+0.64

Sortino ratio

Return per unit of downside risk

1.89

1.12

+0.76

Omega ratio

Gain probability vs. loss probability

1.27

1.18

+0.09

Calmar ratio

Return relative to maximum drawdown

2.20

1.15

+1.05

Martin ratio

Return relative to average drawdown

7.45

5.03

+2.42

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current HXEM.TO Sharpe Ratio is 1.39, which is higher than the QQCC.TO Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of HXEM.TO and QQCC.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

HXEM.TOQQCC.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.39

0.75

+0.64

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.31

0.73

-0.42

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.53

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.44

-0.00

+0.44

Correlation

The correlation between HXEM.TO and QQCC.TO is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

HXEM.TO vs. QQCC.TO - Dividend Comparison

HXEM.TO has not paid dividends to shareholders, while QQCC.TO's dividend yield for the trailing twelve months is around 11.12%.

TTM20252024202320222021202020192018201720162015
HXEM.TO
Global X Emerging Markets Equity Index Corporate Class ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QQCC.TO
Global X NASDAQ-100 Covered Call ETF		11.12%11.27%9.89%11.85%11.04%5.15%5.84%6.31%7.90%6.01%6.73%8.89%

Drawdowns

HXEM.TO vs. QQCC.TO - Drawdown Comparison

The maximum HXEM.TO drawdown since its inception was -35.00%, smaller than the maximum QQCC.TO drawdown of -100.13%. Use the drawdown chart below to compare losses from any high point for HXEM.TO and QQCC.TO.

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Drawdown Indicators

HXEM.TOQQCC.TODifference

Max Drawdown

Largest peak-to-trough decline

-35.00%

-100.13%

+65.13%

Max Drawdown (1Y)

Largest decline over 1 year

-12.75%

-13.73%

+0.98%

Max Drawdown (5Y)

Largest decline over 5 years

-30.44%

-22.24%

-8.20%

Max Drawdown (10Y)

Largest decline over 10 years

—

-36.70%

—

Current Drawdown

Current decline from peak

-8.91%

-100.00%

+91.09%

Average Drawdown

Average peak-to-trough decline

-14.12%

-99.78%

+85.66%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.80%

3.15%

+0.65%

Volatility

HXEM.TO vs. QQCC.TO - Volatility Comparison

Global X Emerging Markets Equity Index Corporate Class ETF (HXEM.TO) has a higher volatility of 10.71% compared to Global X NASDAQ-100 Covered Call ETF (QQCC.TO) at 5.36%. This indicates that HXEM.TO's price experiences larger fluctuations and is considered to be riskier than QQCC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

HXEM.TOQQCC.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

10.71%

5.36%

+5.35%

Volatility (6M)

Calculated over the trailing 6-month period

14.85%

10.43%

+4.42%

Volatility (1Y)

Calculated over the trailing 1-year period

20.21%

20.26%

-0.05%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.49%

17.51%

-1.02%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.55%

17.30%

-0.75%