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QCJL vs. HQU.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

QCJL vs. HQU.TO

Last updated Apr 15, 2026

QCJL (FT Vest Nasdaq-100 Conservative Buffer ETF - July) and HQU.TO (BetaPro NASDAQ-100 2x Daily Bull ETF) are both Nasdaq-100 funds. Over the past year, QCJL returned 20.65% vs 66.05% for HQU.TO. Their correlation of 0.89 suggests significant overlap in exposure.

Performance

QCJL vs. HQU.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Nasdaq-100 Conservative Buffer ETF - July (QCJL) and BetaPro NASDAQ-100 2x Daily Bull ETF (HQU.TO). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

QCJL is traded in USD, while HQU.TO is traded in CAD. To make them comparable, the HQU.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, QCJL achieves a 2.20% return, which is significantly higher than HQU.TO's -2.26% return.

QCJL

1D
0.54%
1M
2.80%
YTD
2.20%
6M
4.41%
1Y
20.65%
3Y*
—
5Y*
—
10Y*
—

HQU.TO

1D
2.48%
1M
6.74%
YTD
-2.26%
6M
3.19%
1Y
66.05%
3Y*
37.69%
5Y*
11.92%
10Y*
27.42%
*Multi-year figures are annualized to reflect compound growth (CAGR)

QCJL vs. HQU.TO - Yearly Performance Comparison

2026 (YTD)20252024
QCJL
FT Vest Nasdaq-100 Conservative Buffer ETF - July		2.20%13.10%4.12%
HQU.TO
BetaPro NASDAQ-100 2x Daily Bull ETF		-2.26%32.84%2.06%

Correlation

The correlation between QCJL and HQU.TO is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification — they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.85

Correlation (All Time)
Calculated using the full available price history since Jul 23, 2024

0.89

The correlation between QCJL and HQU.TO has been stable across timeframes, ranging from 0.85 to 0.89 — a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

FT Vest Nasdaq-100 Conservative Buffer ETF - July

BetaPro NASDAQ-100 2x Daily Bull ETF

Often compared with QCJL:
QCJL vs. GPIQQCJL vs. QBUFQCJL vs. BUFQQCJL vs. NAPRQCJL vs. AIRRQCJL vs. QQQEQCJL vs. QYLD
Often compared with HQU.TO:
HQU.TO vs. LYY8.DEHQU.TO vs. LYMZ.DEHQU.TO vs. HXQ.TOHQU.TO vs. BRKWHQU.TO vs. AIQHQU.TO vs. XEQT.TOHQU.TO vs. IFED

Return for Risk

QCJL vs. HQU.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QCJL
QCJL Risk / Return Rank: 8989
Overall Rank
QCJL Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
QCJL Sortino Ratio Rank: 9090
Sortino Ratio Rank
QCJL Omega Ratio Rank: 8989
Omega Ratio Rank
QCJL Calmar Ratio Rank: 8787
Calmar Ratio Rank
QCJL Martin Ratio Rank: 9393
Martin Ratio Rank
HQU.TO
HQU.TO Risk / Return Rank: 3939
Overall Rank
HQU.TO Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
HQU.TO Sortino Ratio Rank: 4141
Sortino Ratio Rank
HQU.TO Omega Ratio Rank: 4343
Omega Ratio Rank
HQU.TO Calmar Ratio Rank: 3131
Calmar Ratio Rank
HQU.TO Martin Ratio Rank: 3333
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QCJL vs. HQU.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Nasdaq-100 Conservative Buffer ETF - July (QCJL) and BetaPro NASDAQ-100 2x Daily Bull ETF (HQU.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.

QCJLHQU.TODifference

Sharpe ratio

Return per unit of total volatility

2.96

2.00

+0.96

Sortino ratio

Return per unit of downside risk

4.54

2.56

+1.98

Omega ratio

Gain probability vs. loss probability

1.61

1.33

+0.28

Calmar ratio

Return relative to maximum drawdown

5.55

2.42

+3.12

Martin ratio

Return relative to average drawdown

27.03

8.79

+18.24

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QCJL vs. HQU.TO - Sharpe Ratio Comparison

The current QCJL Sharpe Ratio is 2.96, which is higher than the HQU.TO Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of QCJL and HQU.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

QCJLHQU.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.96

2.00

+0.96

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.25

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.58

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.16

0.18

+0.98

Drawdowns

QCJL vs. HQU.TO - Drawdown Comparison

The maximum QCJL drawdown since its inception was -11.18%, smaller than the maximum HQU.TO drawdown of -76.46%. Use the drawdown chart below to compare losses from any high point for QCJL and HQU.TO.

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Drawdown Indicators

QCJLHQU.TODifference

Max Drawdown

Largest peak-to-trough decline

-11.18%

-95.76%

+84.58%

Max Drawdown (1Y)

Largest decline over 1 year

-4.00%

-25.85%

+21.85%

Max Drawdown (5Y)

Largest decline over 5 years

—

-64.83%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-64.83%

—

Current Drawdown

Current decline from peak

0.00%

-9.79%

+9.79%

Average Drawdown

Average peak-to-trough decline

-1.15%

-55.72%

+54.57%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.82%

7.58%

-6.76%

Volatility

QCJL vs. HQU.TO - Volatility Comparison

The current volatility for FT Vest Nasdaq-100 Conservative Buffer ETF - July (QCJL) is 3.02%, while BetaPro NASDAQ-100 2x Daily Bull ETF (HQU.TO) has a volatility of 14.37%. This indicates that QCJL experiences smaller price fluctuations and is considered to be less risky than HQU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QCJLHQU.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.02%

14.37%

-11.35%

Volatility (6M)

Calculated over the trailing 6-month period

4.82%

27.25%

-22.43%

Volatility (1Y)

Calculated over the trailing 1-year period

7.04%

34.43%

-27.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

9.83%

47.84%

-38.01%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

9.83%

47.58%

-37.75%

Dividends

QCJL vs. HQU.TO - Dividend Comparison

Neither QCJL nor HQU.TO has paid dividends to shareholders.

Tickers have no history of dividend payments