QCJL vs. IQQ

Last updated Aug 5, 2026

QCJL (FT Vest Nasdaq-100 Conservative Buffer ETF - July) and IQQ (iShares Nasdaq 100 ETF) are both Nasdaq-100 funds. QCJL is actively managed, while IQQ is passively managed. Their 0.68 correlation means they have sometimes moved together and sometimes differently. QCJL charges 0.90%/yr vs 0.10%/yr for IQQ.

Performance

QCJL vs. IQQ - 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 iShares Nasdaq 100 ETF (IQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QCJL

• 1D: 1.07%
• 1M: 2.07%
• 6M: 7.46%
• YTD: 7.80%
• 1Y: 12.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 12.58%

IQQ

• 1D: 3.42%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IQQ iShares Nasdaq 100 ETF	$30.25M	$36.03M	$36.03M
QCJL FT Vest Nasdaq-100 Conservative Buffer ETF - July	$1.69M	$1.42M	$649.89K

QCJL vs. IQQ - Yearly Performance Comparison

	2026 (YTD)
QCJL FT Vest Nasdaq-100 Conservative Buffer ETF - July	1.99%
IQQ iShares Nasdaq 100 ETF	0.37%

Correlation

The correlation between QCJL and IQQ is 0.68, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 9, 2026	0.68

Return for Risk

QCJL vs. IQQ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

QCJL

QCJL Risk / Return Rank: 85
QCJL Sharpe Ratio Rank: 82
QCJL Sortino Ratio Rank: 86
QCJL Omega Ratio Rank: 88
QCJL Calmar Ratio Rank: 78
QCJL Martin Ratio Rank: 89

IQQ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

QCJL vs. IQQ - 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 iShares Nasdaq 100 ETF (IQQ). 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.

	QCJL	IQQ	Difference
Sharpe ratio: Return per unit of total volatility	2.11	—	—
Sortino ratio: Return per unit of downside risk	3.14	—	—
Omega ratio: Gain probability vs. loss probability	1.43	—	—
Calmar ratio: Return relative to maximum drawdown	3.16	—	—
Martin ratio: Return relative to average drawdown	15.29	—	—

Drawdowns

QCJL vs. IQQ - Drawdown Comparison

The maximum QCJL drawdown since its inception was -11.18%, which is greater than IQQ's maximum drawdown of -8.80%. Use the drawdown chart below to compare losses from any high point for QCJL and IQQ.

Drawdown Indicators

	QCJL	IQQ	Difference
Max Drawdown Largest peak-to-trough decline	-11.18%	-8.80%	-2.38%
Max Drawdown (1Y) Largest decline over 1 year	-4.00%	—	—
Current Drawdown Current decline from peak	0.00%	-0.24%	+0.24%
Average Drawdown Average peak-to-trough decline	-1.01%	-3.51%	+2.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.83%	—	—

Volatility

Volatility by Period

	QCJL	IQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.62%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.72%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	6.00%	26.37%	-20.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.26%	26.37%	-17.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.26%	26.37%	-17.11%

QCJL vs. IQQ - Expense Ratio Comparison

QCJL has a 0.90% expense ratio, which is higher than IQQ's 0.10% expense ratio.

Dividends

QCJL vs. IQQ - Dividend Comparison

Neither QCJL nor IQQ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both QCJL and IQQ in my portfolio?

QCJL and IQQ have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QCJL or IQQ?

On fees, IQQ is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QCJL or IQQ?

IQQ is cheaper with a 0.10% expense ratio, compared with 0.90% for QCJL.

Which ETF pays a higher dividend yield, QCJL or IQQ?

QCJL and IQQ have nearly identical dividend yields, around 0.00%.

What is the main difference between QCJL and IQQ?

They also come from different issuers: First Trust and iShares. Their fees differ too: 0.90% for QCJL and 0.10% for IQQ.