QCLR vs. FTHI
Compare and contrast key facts about Global X NASDAQ 100 Collar 95-110 ETF (QCLR) and First Trust BuyWrite Income ETF (FTHI).
QCLR and FTHI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QCLR is a passively managed fund by Global X that tracks the performance of the NASDAQ-100 Quarterly Collar 95-110 Index. It was launched on Aug 25, 2021. FTHI is an actively managed fund by First Trust. It was launched on Jan 6, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QCLR or FTHI.
Key characteristics
| QCLR | FTHI | |
|---|---|---|
| YTD Return | 18.68% | 19.77% |
| 1Y Return | 26.21% | 24.00% |
| 3Y Return (Ann) | 7.23% | 10.51% |
| Sharpe Ratio | 2.37 | 3.10 |
| Sortino Ratio | 3.30 | 4.19 |
| Omega Ratio | 1.43 | 1.68 |
| Calmar Ratio | 3.45 | 4.39 |
| Martin Ratio | 10.12 | 25.17 |
| Ulcer Index | 2.83% | 1.01% |
| Daily Std Dev | 12.09% | 8.22% |
| Max Drawdown | -21.77% | -32.65% |
| Current Drawdown | -0.01% | -0.42% |
Correlation
The correlation between QCLR and FTHI is 0.61, 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.
Performance
QCLR vs. FTHI - Performance Comparison
In the year-to-date period, QCLR achieves a 18.68% return, which is significantly lower than FTHI's 19.77% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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QCLR vs. FTHI - Expense Ratio Comparison
QCLR has a 0.60% expense ratio, which is lower than FTHI's 0.85% expense ratio.
Risk-Adjusted Performance
QCLR vs. FTHI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X NASDAQ 100 Collar 95-110 ETF (QCLR) and First Trust BuyWrite Income ETF (FTHI). 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.
Dividends
QCLR vs. FTHI - Dividend Comparison
QCLR's dividend yield for the trailing twelve months is around 0.58%, less than FTHI's 8.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
QCLR Global X NASDAQ 100 Collar 95-110 ETF | 0.58% | 0.47% | 0.28% | 1.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTHI First Trust BuyWrite Income ETF | 8.27% | 8.50% | 9.06% | 4.37% | 4.76% | 4.21% | 4.76% | 4.02% | 4.43% | 4.98% | 3.96% |
Drawdowns
QCLR vs. FTHI - Drawdown Comparison
The maximum QCLR drawdown since its inception was -21.77%, smaller than the maximum FTHI drawdown of -32.65%. Use the drawdown chart below to compare losses from any high point for QCLR and FTHI. For additional features, visit the drawdowns tool.
Volatility
QCLR vs. FTHI - Volatility Comparison
Global X NASDAQ 100 Collar 95-110 ETF (QCLR) has a higher volatility of 3.28% compared to First Trust BuyWrite Income ETF (FTHI) at 2.77%. This indicates that QCLR's price experiences larger fluctuations and is considered to be riskier than FTHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.