O vs. QQQX
O (Realty Income Corporation) is a stock, while QQQX (Nuveen NASDAQ 100 Dynamic Overwrite Fund) is Large Cap Growth Equities fund tracking the Nasdaq 100 Index. Over the past 10 years, O returned 4.89%/yr vs 13.53%/yr for QQQX. At a 0.31 correlation, their price movements are largely independent.
Performance
O vs. QQQX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, O achieves a 13.70% return, which is significantly higher than QQQX's 10.89% return. Over the past 10 years, O has underperformed QQQX with an annualized return of 4.89%, while QQQX has yielded a comparatively higher 13.53% annualized return.
O
- 1D
- 1.31%
- 1M
- 2.40%
- YTD
- 13.70%
- 6M
- 11.57%
- 1Y
- 14.25%
- 3Y*
- 6.59%
- 5Y*
- 3.49%
- 10Y*
- 4.89%
QQQX
- 1D
- 0.19%
- 1M
- 0.78%
- YTD
- 10.89%
- 6M
- 15.29%
- 1Y
- 28.01%
- 3Y*
- 14.71%
- 5Y*
- 8.92%
- 10Y*
- 13.53%
O vs. QQQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
O Realty Income Corporation | 13.70% | 12.20% | -2.11% | -4.55% | -7.38% | 23.95% | -11.60% | 21.27% | 15.94% | 3.67% |
QQQX Nuveen NASDAQ 100 Dynamic Overwrite Fund | 10.89% | 14.87% | 25.61% | 21.68% | -27.39% | 25.32% | 15.75% | 28.83% | -11.68% | 39.19% |
Correlation
The correlation between O and QQQX is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2007 | 0.31 |
The correlation between O and QQQX shifts across timeframes, from -0.11 (1 year) to 0.31 (all time), reflecting how their relationship changes across market environments.
Fundamentals
O:
$1.17
QQQX:
$7.57
O:
53.41
QQQX:
3.75
O:
4.35
QQQX:
0.43
O:
7.22
QQQX:
8.63
O:
$5.92B
QQQX:
$160.60M
O:
$3.89B
QQQX:
$152.14M
O:
$3.93B
QQQX:
$369.75M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
O vs. QQQX — Risk / Return Rank
O
QQQX
O vs. QQQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Realty Income Corporation (O) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| O | QQQX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.03 | ||
| Sortino ratioReturn per unit of downside risk | -1.49 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.35 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.29 | 3.09 | -1.80 |
| Martin ratioReturn relative to average drawdown | 3.12 | 13.74 | -10.63 |
Loading charts...
Drawdowns
O vs. QQQX - Drawdown Comparison
The maximum O drawdown since its inception was -48.45%, smaller than the maximum QQQX drawdown of -57.25%. Use the drawdown chart below to compare losses from any high point for O and QQQX.
Loading charts...
Drawdown Indicators
| O | QQQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.45% | -57.25% | +8.80% |
Max Drawdown (1Y)Largest decline over 1 year | -11.10% | -9.11% | -1.99% |
Max Drawdown (3Y)Largest decline over 3 years | -26.49% | -22.80% | -3.69% |
Max Drawdown (5Y)Largest decline over 5 years | -34.48% | -29.33% | -5.15% |
Max Drawdown (10Y)Largest decline over 10 years | -48.28% | -35.96% | -12.32% |
Current DrawdownCurrent decline from peak | -5.94% | -2.58% | -3.36% |
Average DrawdownAverage peak-to-trough decline | -9.20% | -8.01% | -1.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.58% | 2.05% | +2.53% |
Volatility
O vs. QQQX - Volatility Comparison
Realty Income Corporation (O) and Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) have volatilities of 5.29% and 5.41%, 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.
Loading charts...
Volatility by Period
| O | QQQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.29% | 5.41% | -0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 11.98% | 12.05% | -0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.21% | 14.71% | +1.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.92% | 19.87% | -0.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.64% | 21.09% | +4.55% |
Dividends
O vs. QQQX - Dividend Comparison
O's dividend yield for the trailing twelve months is around 5.16%, less than QQQX's 7.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
O Realty Income Corporation | 5.16% | 6.19% | 5.37% | 5.33% | 4.68% | 3.87% | 4.51% | 3.69% | 4.19% | 4.45% | 4.18% | 4.41% |
QQQX Nuveen NASDAQ 100 Dynamic Overwrite Fund | 7.42% | 7.85% | 6.73% | 7.26% | 9.66% | 5.85% | 6.00% | 6.49% | 8.40% | 5.95% | 7.54% | 7.23% |
Frequently Asked Questions
O and QQQX have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QQQX has higher volatility (5.41%) compared to O (5.29%). In terms of maximum drawdown, O dropped -48.45% vs QQQX's -57.25%.
QQQX currently has the higher Sharpe Ratio (1.91 vs 0.88), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for O and QQQX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer