MQQQ vs. HDIF.TO
Compare and contrast key facts about Tradr 2X Long Triple Q Monthly ETF (MQQQ) and Harvest Diversified Monthly Income ETF - Class A Units (HDIF.TO).
MQQQ and HDIF.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MQQQ is a passively managed fund by AXS that tracks the performance of the NASDAQ-100 Index (200%). It was launched on Aug 30, 2024. HDIF.TO is an actively managed fund by Harvest. It was launched on Feb 11, 2022.
Performance
MQQQ vs. HDIF.TO - Performance Comparison
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MQQQ vs. HDIF.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MQQQ Tradr 2X Long Triple Q Monthly ETF | -13.37% | 31.67% | 19.72% |
HDIF.TO Harvest Diversified Monthly Income ETF - Class A Units | -5.14% | 21.15% | -1.62% |
Different Trading Currencies
MQQQ is traded in USD, while HDIF.TO is traded in CAD. To make them comparable, the HDIF.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, MQQQ achieves a -13.37% return, which is significantly lower than HDIF.TO's -5.14% return.
MQQQ
- 1D
- 7.39%
- 1M
- -10.23%
- YTD
- -13.37%
- 6M
- -10.92%
- 1Y
- 39.35%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HDIF.TO
- 1D
- 1.92%
- 1M
- -6.94%
- YTD
- -5.14%
- 6M
- 0.71%
- 1Y
- 16.84%
- 3Y*
- 12.23%
- 5Y*
- —
- 10Y*
- —
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MQQQ vs. HDIF.TO - Expense Ratio Comparison
MQQQ has a 1.30% expense ratio, which is lower than HDIF.TO's 2.47% expense ratio.
Return for Risk
MQQQ vs. HDIF.TO — Risk / Return Rank
MQQQ
HDIF.TO
MQQQ vs. HDIF.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long Triple Q Monthly ETF (MQQQ) and Harvest Diversified Monthly Income ETF - Class A Units (HDIF.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.
| MQQQ | HDIF.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.85 | 0.87 | -0.02 |
Sortino ratioReturn per unit of downside risk | 1.48 | 1.35 | +0.13 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.20 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.56 | 1.29 | +0.27 |
Martin ratioReturn relative to average drawdown | 5.32 | 6.38 | -1.06 |
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
| MQQQ | HDIF.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.85 | 0.87 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.16 | +0.34 |
Correlation
The correlation between MQQQ and HDIF.TO is 0.68, 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
MQQQ vs. HDIF.TO - Dividend Comparison
MQQQ's dividend yield for the trailing twelve months is around 2.33%, less than HDIF.TO's 10.05% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
MQQQ Tradr 2X Long Triple Q Monthly ETF | 2.33% | 2.02% | 0.02% | 0.00% | 0.00% |
HDIF.TO Harvest Diversified Monthly Income ETF - Class A Units | 10.05% | 9.93% | 10.15% | 10.62% | 8.95% |
Drawdowns
MQQQ vs. HDIF.TO - Drawdown Comparison
The maximum MQQQ drawdown since its inception was -42.16%, which is greater than HDIF.TO's maximum drawdown of -31.43%. Use the drawdown chart below to compare losses from any high point for MQQQ and HDIF.TO.
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Drawdown Indicators
| MQQQ | HDIF.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.16% | -24.07% | -18.09% |
Max Drawdown (1Y)Largest decline over 1 year | -25.23% | -13.20% | -12.03% |
Current DrawdownCurrent decline from peak | -19.70% | -7.13% | -12.57% |
Average DrawdownAverage peak-to-trough decline | -7.59% | -6.90% | -0.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.38% | 2.92% | +4.46% |
Volatility
MQQQ vs. HDIF.TO - Volatility Comparison
Tradr 2X Long Triple Q Monthly ETF (MQQQ) has a higher volatility of 13.68% compared to Harvest Diversified Monthly Income ETF - Class A Units (HDIF.TO) at 5.60%. This indicates that MQQQ's price experiences larger fluctuations and is considered to be riskier than HDIF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MQQQ | HDIF.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.68% | 5.60% | +8.08% |
Volatility (6M)Calculated over the trailing 6-month period | 26.36% | 10.99% | +15.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.76% | 19.54% | +27.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.30% | 21.30% | +23.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.30% | 21.30% | +23.00% |