HXT.TO vs. QQQX

In the year-to-date period, HXT.TO achieves a 3.64% return, which is significantly higher than QQQX's 0.74% return. Over the past 10 years, HXT.TO has underperformed QQQX with an annualized return of 9.03%, while QQQX has yielded a comparatively higher 11.16% annualized return.

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This table presents a comparison of risk-adjusted performance metrics for Global X S&P/TSX 60 Corporate Class ETF (HXT.TO) and Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX). 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.

The current HXT.TO Sharpe Ratio is 2.52, which is higher than the QQQX Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of HXT.TO and QQQX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

HXT.TO has not paid dividends to shareholders, while QQQX's dividend yield for the trailing twelve months is around 6.68%.

The maximum HXT.TO drawdown since its inception was -35.48%, smaller than the maximum QQQX drawdown of -57.24%. Use the drawdown chart below to compare losses from any high point for HXT.TO and QQQX. For additional features, visit the drawdowns tool.

Global X S&P/TSX 60 Corporate Class ETF (HXT.TO) and Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) have volatilities of 3.35% and 3.26%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.