PPLN.TO vs. QQCC.TO
PPLN.TO (Global X Equal Weight Canadian Pipelines Index ETF) and QQCC.TO (Global X NASDAQ-100 Covered Call ETF) are both exchange-traded funds - PPLN.TO is a Energy Equities fund tracking the Mirae Asset Equal Weight Canadian Pipeline Index, while QQCC.TO is a Nasdaq-100 fund managed by Global X. Over the past 10 years, PPLN.TO returned 10.87%/yr vs 10.87%/yr for QQCC.TO. At a 0.29 correlation, their price movements are largely independent. PPLN.TO charges 0.31%/yr vs 0.65%/yr for QQCC.TO.
Performance
PPLN.TO vs. QQCC.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PPLN.TO achieves a 29.04% return, which is significantly higher than QQCC.TO's 16.94% return. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: PPLN.TO at 10.87% and QQCC.TO at 10.87%.
PPLN.TO
- 1D
- -0.24%
- 1M
- 6.16%
- YTD
- 29.04%
- 6M
- 28.59%
- 1Y
- 39.15%
- 3Y*
- 18.78%
- 5Y*
- 14.07%
- 10Y*
- 10.87%
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%
PPLN.TO vs. QQCC.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PPLN.TO Global X Equal Weight Canadian Pipelines Index ETF | 29.04% | 4.14% | 17.18% | 8.45% | 16.63% | 33.83% | -17.80% | 20.50% | -11.54% | -2.67% |
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 PPLN.TO and QQCC.TO is -0.21, 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 | -0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2014 | 0.29 |
The correlation between PPLN.TO and QQCC.TO shifts across timeframes, from -0.21 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.
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
PPLN.TO vs. QQCC.TO — Risk / Return Rank
PPLN.TO
QQCC.TO
PPLN.TO vs. QQCC.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Equal Weight Canadian Pipelines Index ETF (PPLN.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.
| PPLN.TO | QQCC.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.50 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.85 | 4.32 | -0.47 |
| Martin ratioReturn relative to average drawdown | 10.25 | 16.04 | -5.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| PPLN.TO | QQCC.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.73 | 2.76 | -0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.81 | 0.90 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.63 | -0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.00 | +0.33 |
Drawdowns
PPLN.TO vs. QQCC.TO - Drawdown Comparison
The maximum PPLN.TO drawdown since its inception was -59.05%, which is greater than QQCC.TO's maximum drawdown of -36.70%. Use the drawdown chart below to compare losses from any high point for PPLN.TO and QQCC.TO.
Loading charts...
Drawdown Indicators
| PPLN.TO | QQCC.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.05% | -36.70% | -22.35% |
Max Drawdown (1Y)Largest decline over 1 year | -10.22% | -8.15% | -2.07% |
Max Drawdown (3Y)Largest decline over 3 years | -15.31% | -22.24% | +6.93% |
Max Drawdown (5Y)Largest decline over 5 years | -18.54% | -22.24% | +3.70% |
Max Drawdown (10Y)Largest decline over 10 years | -59.05% | -36.70% | -22.35% |
Current DrawdownCurrent decline from peak | -2.93% | 0.00% | -2.93% |
Average DrawdownAverage peak-to-trough decline | -9.47% | -8.37% | -1.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.84% | 2.19% | +1.65% |
Volatility
PPLN.TO vs. QQCC.TO - Volatility Comparison
Global X Equal Weight Canadian Pipelines Index ETF (PPLN.TO) has a higher volatility of 5.77% compared to Global X NASDAQ-100 Covered Call ETF (QQCC.TO) at 3.75%. This indicates that PPLN.TO's price experiences larger fluctuations and is considered to be riskier than QQCC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PPLN.TO | QQCC.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.77% | 3.75% | +2.02% |
Volatility (6M)Calculated over the trailing 6-month period | 11.56% | 10.03% | +1.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.40% | 12.78% | +1.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.40% | 17.58% | -0.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.20% | 17.29% | +5.91% |
PPLN.TO vs. QQCC.TO - Expense Ratio Comparison
PPLN.TO has a 0.31% expense ratio, which is lower than QQCC.TO's 0.65% expense ratio.
Dividends
PPLN.TO vs. QQCC.TO - Dividend Comparison
PPLN.TO's dividend yield for the trailing twelve months is around 4.26%, less than QQCC.TO's 10.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PPLN.TO Global X Equal Weight Canadian Pipelines Index ETF | 4.26% | 4.35% | 2.94% | 3.77% | 3.23% | 3.47% | 5.76% | 4.40% | 5.21% | 4.31% | 3.99% | 4.41% |
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
PPLN.TO and QQCC.TO have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PPLN.TO is cheaper at 0.31% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PPLN.TO is cheaper with a 0.31% expense ratio, compared with 0.65% for QQCC.TO.
PPLN.TO is categorized as Energy Equities, while QQCC.TO is Nasdaq-100. Their fees differ too: 0.31% for PPLN.TO and 0.65% for QQCC.TO.
Find the right allocation for PPLN.TO and QQCC.TO
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