HXT.TO vs. QQCC.TO
HXT.TO (Global X S&P/TSX 60 Corporate Class ETF) and QQCC.TO (Global X NASDAQ-100 Covered Call ETF) are both exchange-traded funds - HXT.TO is a Canada Equities fund tracking the S&P/TSX 60 Index, while QQCC.TO is a Nasdaq-100 fund managed by Global X. Over the past 10 years, HXT.TO returned 12.71%/yr vs 10.87%/yr for QQCC.TO. A 0.50 correlation means they provide meaningful diversification when combined. HXT.TO charges 0.07%/yr vs 0.65%/yr for QQCC.TO.
Performance
HXT.TO vs. QQCC.TO - Performance Comparison
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Returns By Period
In the year-to-date period, HXT.TO achieves a 10.03% return, which is significantly lower than QQCC.TO's 16.94% return. Over the past 10 years, HXT.TO has outperformed QQCC.TO with an annualized return of 12.71%, while QQCC.TO has yielded a comparatively lower 10.87% annualized return.
HXT.TO
- 1D
- -0.87%
- 1M
- 3.51%
- YTD
- 10.03%
- 6M
- 12.04%
- 1Y
- 31.51%
- 3Y*
- 22.48%
- 5Y*
- 14.43%
- 10Y*
- 12.71%
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%
HXT.TO vs. QQCC.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HXT.TO Global X S&P/TSX 60 Corporate Class ETF | 10.03% | 28.74% | 20.94% | 12.02% | -6.27% | 28.11% | 5.36% | 22.18% | -7.89% | 9.77% |
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 HXT.TO and QQCC.TO is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2011 | 0.50 |
The correlation between HXT.TO and QQCC.TO has been stable across timeframes, ranging from 0.45 to 0.50 - a consistent structural relationship.
HXT.TO vs. QQCC.TO - Sectors Allocation Comparison
Sectors
HXT.TO
QQCC.TO
Financial Services
Energy
Basic Materials
Technology
Industrials
Consumer Cyclical
Consumer Defensive
Utilities
Communication Services
Real Estate
Healthcare
-
Financial Services
HXT.TO
QQCC.TO
Energy
HXT.TO
QQCC.TO
Basic Materials
HXT.TO
QQCC.TO
Technology
HXT.TO
QQCC.TO
Industrials
HXT.TO
QQCC.TO
Consumer Cyclical
HXT.TO
QQCC.TO
Consumer Defensive
HXT.TO
QQCC.TO
Utilities
HXT.TO
QQCC.TO
Communication Services
HXT.TO
QQCC.TO
Real Estate
HXT.TO
QQCC.TO
Healthcare
HXT.TO
-
QQCC.TO
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Return for Risk
HXT.TO vs. QQCC.TO — Risk / Return Rank
HXT.TO
QQCC.TO
HXT.TO vs. QQCC.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X S&P/TSX 60 Corporate Class ETF (HXT.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.
| HXT.TO | QQCC.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.50 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 4.11 | 4.32 | -0.21 |
| Martin ratioReturn relative to average drawdown | 19.10 | 16.04 | +3.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HXT.TO | QQCC.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.70 | 2.76 | -0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.14 | 0.90 | +0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | 0.63 | +0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.00 | +0.70 |
Drawdowns
HXT.TO vs. QQCC.TO - Drawdown Comparison
The maximum HXT.TO drawdown since its inception was -35.48%, roughly equal to the maximum QQCC.TO drawdown of -36.70%. Use the drawdown chart below to compare losses from any high point for HXT.TO and QQCC.TO.
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Drawdown Indicators
| HXT.TO | QQCC.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.48% | -36.70% | +1.22% |
Max Drawdown (1Y)Largest decline over 1 year | -7.71% | -8.15% | +0.44% |
Max Drawdown (3Y)Largest decline over 3 years | -12.36% | -22.24% | +9.88% |
Max Drawdown (5Y)Largest decline over 5 years | -16.33% | -22.24% | +5.91% |
Max Drawdown (10Y)Largest decline over 10 years | -35.48% | -36.70% | +1.22% |
Current DrawdownCurrent decline from peak | -0.87% | 0.00% | -0.87% |
Average DrawdownAverage peak-to-trough decline | -4.66% | -8.37% | +3.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.65% | 2.19% | -0.54% |
Volatility
HXT.TO vs. QQCC.TO - Volatility Comparison
The current volatility for Global X S&P/TSX 60 Corporate Class ETF (HXT.TO) is 3.25%, while Global X NASDAQ-100 Covered Call ETF (QQCC.TO) has a volatility of 3.75%. This indicates that HXT.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.
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Volatility by Period
| HXT.TO | QQCC.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.25% | 3.75% | -0.50% |
Volatility (6M)Calculated over the trailing 6-month period | 9.32% | 10.03% | -0.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.71% | 12.78% | -1.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.76% | 17.58% | -4.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.17% | 17.29% | -2.12% |
HXT.TO vs. QQCC.TO - Expense Ratio Comparison
HXT.TO has a 0.07% expense ratio, which is lower than QQCC.TO's 0.65% expense ratio.
Dividends
HXT.TO vs. QQCC.TO - Dividend Comparison
HXT.TO has not paid dividends to shareholders, while QQCC.TO's dividend yield for the trailing twelve months is around 10.48%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HXT.TO Global X S&P/TSX 60 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 | 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
HXT.TO and QQCC.TO have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HXT.TO is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HXT.TO is cheaper with a 0.07% expense ratio, compared with 0.65% for QQCC.TO.
HXT.TO is categorized as Canada Equities, while QQCC.TO is Nasdaq-100. Their fees differ too: 0.07% for HXT.TO and 0.65% for QQCC.TO.
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