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IQQQ vs. QQQY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IQQQ and QQQY is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.0
Correlation: 0.9

Performance

IQQQ vs. QQQY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Nasdaq-100 High Income ETF (IQQQ) and Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
2.51%
-4.32%
IQQQ
QQQY

Key characteristics

Sharpe Ratio

IQQQ:

0.31

QQQY:

-0.09

Sortino Ratio

IQQQ:

0.53

QQQY:

0.00

Omega Ratio

IQQQ:

1.07

QQQY:

1.00

Calmar Ratio

IQQQ:

0.33

QQQY:

-0.08

Martin Ratio

IQQQ:

1.02

QQQY:

-0.26

Ulcer Index

IQQQ:

6.53%

QQQY:

5.94%

Daily Std Dev

IQQQ:

21.79%

QQQY:

17.70%

Max Drawdown

IQQQ:

-20.41%

QQQY:

-19.04%

Current Drawdown

IQQQ:

-13.98%

QQQY:

-14.35%

Returns By Period

The year-to-date returns for both stocks are quite close, with IQQQ having a -9.69% return and QQQY slightly lower at -9.96%.


IQQQ

YTD

-9.69%

1M

-5.60%

6M

-7.37%

1Y

6.83%

5Y*

N/A

10Y*

N/A

QQQY

YTD

-9.96%

1M

-6.52%

6M

-11.68%

1Y

-1.95%

5Y*

N/A

10Y*

N/A

*Annualized

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IQQQ vs. QQQY - Expense Ratio Comparison

IQQQ has a 0.55% expense ratio, which is lower than QQQY's 0.99% expense ratio.


Expense ratio chart for QQQY: current value is 0.99%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
QQQY: 0.99%
Expense ratio chart for IQQQ: current value is 0.55%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
IQQQ: 0.55%

Risk-Adjusted Performance

IQQQ vs. QQQY — Risk-Adjusted Performance Rank

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

IQQQ
The Risk-Adjusted Performance Rank of IQQQ is 4242
Overall Rank
The Sharpe Ratio Rank of IQQQ is 4141
Sharpe Ratio Rank
The Sortino Ratio Rank of IQQQ is 4040
Sortino Ratio Rank
The Omega Ratio Rank of IQQQ is 4141
Omega Ratio Rank
The Calmar Ratio Rank of IQQQ is 4747
Calmar Ratio Rank
The Martin Ratio Rank of IQQQ is 4141
Martin Ratio Rank

QQQY
The Risk-Adjusted Performance Rank of QQQY is 1414
Overall Rank
The Sharpe Ratio Rank of QQQY is 1515
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQY is 1414
Sortino Ratio Rank
The Omega Ratio Rank of QQQY is 1414
Omega Ratio Rank
The Calmar Ratio Rank of QQQY is 1414
Calmar Ratio Rank
The Martin Ratio Rank of QQQY is 1414
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

IQQQ vs. QQQY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Nasdaq-100 High Income ETF (IQQQ) and Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY). 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 chart of Sharpe ratio for IQQQ, currently valued at 0.31, compared to the broader market-1.000.001.002.003.004.00
IQQQ: 0.31
QQQY: -0.09
The chart of Sortino ratio for IQQQ, currently valued at 0.53, compared to the broader market-2.000.002.004.006.008.00
IQQQ: 0.53
QQQY: 0.00
The chart of Omega ratio for IQQQ, currently valued at 1.07, compared to the broader market0.501.001.502.002.50
IQQQ: 1.07
QQQY: 1.00
The chart of Calmar ratio for IQQQ, currently valued at 0.33, compared to the broader market0.002.004.006.008.0010.0012.00
IQQQ: 0.33
QQQY: -0.08
The chart of Martin ratio for IQQQ, currently valued at 1.02, compared to the broader market0.0020.0040.0060.00
IQQQ: 1.02
QQQY: -0.26

The current IQQQ Sharpe Ratio is 0.31, which is higher than the QQQY Sharpe Ratio of -0.09. The chart below compares the historical Sharpe Ratios of IQQQ and QQQY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.60-0.40-0.200.000.200.400.60Thu 27Sat 29Mon 31Wed 02Fri 04Apr 06Tue 08Thu 10Sat 12Mon 14Wed 16Fri 18Apr 20Tue 22Thu 24
0.31
-0.09
IQQQ
QQQY

Dividends

IQQQ vs. QQQY - Dividend Comparison

IQQQ's dividend yield for the trailing twelve months is around 12.79%, less than QQQY's 92.87% yield.


Drawdowns

IQQQ vs. QQQY - Drawdown Comparison

The maximum IQQQ drawdown since its inception was -20.41%, which is greater than QQQY's maximum drawdown of -19.04%. Use the drawdown chart below to compare losses from any high point for IQQQ and QQQY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-13.98%
-14.35%
IQQQ
QQQY

Volatility

IQQQ vs. QQQY - Volatility Comparison

ProShares Nasdaq-100 High Income ETF (IQQQ) has a higher volatility of 13.00% compared to Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) at 11.24%. This indicates that IQQQ's price experiences larger fluctuations and is considered to be riskier than QQQY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%NovemberDecember2025FebruaryMarchApril
13.00%
11.24%
IQQQ
QQQY