QCLR vs. FTHI

Last updated Jun 24, 2026

QCLR (Global X NASDAQ 100 Collar 95-110 ETF) and FTHI (First Trust BuyWrite Income ETF) are both exchange-traded funds - QCLR is a Nasdaq-100 fund tracking the NASDAQ-100 Quarterly Collar 95-110 Index, while FTHI is a Derivative Income fund actively managed by First Trust. QCLR is passively managed, while FTHI is actively managed. Over the past 3 years, QCLR returned 13.86%/yr vs 14.28%/yr for FTHI. A 0.67 correlation means they provide meaningful diversification when combined. QCLR charges 0.60%/yr vs 0.85%/yr for FTHI.

Performance

QCLR vs. FTHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X NASDAQ 100 Collar 95-110 ETF (QCLR) and First Trust BuyWrite Income ETF (FTHI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QCLR achieves a 0.21% return, which is significantly lower than FTHI's 4.88% return.

QCLR

• 1D: -1.44%
• 1M: -0.86%
• YTD: 0.21%
• 6M: -0.60%
• 1Y: 9.10%
• 3Y*: 13.86%
• 5Y*: —
• 10Y*: —

FTHI

• 1D: -0.71%
• 1M: -0.04%
• YTD: 4.88%
• 6M: 4.13%
• 1Y: 15.40%
• 3Y*: 14.28%
• 5Y*: 10.33%
• 10Y*: 8.66%

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

QCLR vs. FTHI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
QCLR Global X NASDAQ 100 Collar 95-110 ETF	0.21%	11.27%	20.27%	28.87%	-18.87%	2.29%
FTHI First Trust BuyWrite Income ETF	4.88%	11.03%	19.02%	20.72%	-4.37%	3.15%

Correlation

The correlation between QCLR and FTHI is 0.80, 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	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (All Time) Calculated using the full available price history since Aug 26, 2021	0.67

The correlation between QCLR and FTHI shifts across timeframes, from 0.67 (all time) to 0.80 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

QCLR vs. FTHI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QCLR

QCLR Risk / Return Rank: 25
QCLR Sharpe Ratio Rank: 27
QCLR Sortino Ratio Rank: 25
QCLR Omega Ratio Rank: 27
QCLR Calmar Ratio Rank: 21
QCLR Martin Ratio Rank: 25

FTHI

FTHI Risk / Return Rank: 57
FTHI Sharpe Ratio Rank: 52
FTHI Sortino Ratio Rank: 53
FTHI Omega Ratio Rank: 54
FTHI Calmar Ratio Rank: 60
FTHI Martin Ratio Rank: 69

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.

QCLR vs. FTHI - Risk-Adjusted Trends 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.

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.

	QCLR	FTHI	Difference
Sharpe ratio: Return per unit of total volatility	0.95	1.71	-0.76
Sortino ratio: Return per unit of downside risk	1.30	2.45	-1.15
Omega ratio: Gain probability vs. loss probability	1.18	1.32	-0.14
Calmar ratio: Return relative to maximum drawdown	0.89	2.83	-1.93
Martin ratio: Return relative to average drawdown	3.21	12.09	-8.88

QCLR vs. FTHI - Sharpe Ratio Comparison

The current QCLR Sharpe Ratio is 0.95, which is lower than the FTHI Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of QCLR and FTHI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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.

Drawdown Indicators

	QCLR	FTHI	Difference
Max Drawdown Largest peak-to-trough decline	-21.77%	-32.65%	+10.88%
Max Drawdown (1Y) Largest decline over 1 year	-10.22%	-5.47%	-4.75%
Max Drawdown (3Y) Largest decline over 3 years	-13.58%	-15.92%	+2.34%
Max Drawdown (5Y) Largest decline over 5 years	—	-16.70%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.65%	—
Current Drawdown Current decline from peak	-2.05%	-0.71%	-1.34%
Average Drawdown Average peak-to-trough decline	-6.14%	-3.67%	-2.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.84%	1.28%	+1.56%

Volatility

QCLR vs. FTHI - Volatility Comparison

The current volatility for Global X NASDAQ 100 Collar 95-110 ETF (QCLR) is 1.58%, while First Trust BuyWrite Income ETF (FTHI) has a volatility of 2.70%. This indicates that QCLR experiences smaller price fluctuations and is considered to be less risky than FTHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QCLR	FTHI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.58%	2.70%	-1.12%
Volatility (6M) Calculated over the trailing 6-month period	6.59%	7.32%	-0.73%
Volatility (1Y) Calculated over the trailing 1-year period	9.68%	9.08%	+0.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.38%	13.43%	-1.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.38%	14.29%	-1.91%

QCLR vs. FTHI - Expense Ratio Comparison

QCLR has a 0.60% expense ratio, which is lower than FTHI's 0.85% expense ratio.

Dividends

QCLR vs. FTHI - Dividend Comparison

QCLR's dividend yield for the trailing twelve months is around 14.86%, more than FTHI's 8.72% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTHI First Trust BuyWrite Income ETF	8.72%	8.70%	8.61%	8.50%	9.06%	4.37%	4.76%	4.21%	4.76%	4.00%	4.41%	4.98%
QCLR Global X NASDAQ 100 Collar 95-110 ETF	14.86%	14.89%	8.89%	0.47%	0.27%	1.64%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QCLR and FTHI in my portfolio?

QCLR and FTHI have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QCLR or FTHI?

FTHI has higher volatility (2.70%) compared to QCLR (1.58%). In terms of maximum drawdown, QCLR dropped -21.77% vs FTHI's -32.65%.

Which ETF is better, QCLR or FTHI?

On 3-year performance, FTHI leads with 14.28% vs 13.86% for QCLR. On fees, QCLR is cheaper at 0.60% per year. On volatility, QCLR has been the lower-risk option at 1.58%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QCLR or FTHI?

Over the 3-year period, FTHI has performed better with a 14.28% return vs 13.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QCLR or FTHI?

QCLR is cheaper with a 0.60% expense ratio, compared with 0.85% for FTHI.

Which ETF pays a higher dividend yield, QCLR or FTHI?

QCLR has the higher dividend yield at 14.86%, compared with 8.72% for FTHI.

What is the main difference between QCLR and FTHI?

QCLR is categorized as Nasdaq-100, while FTHI is Derivative Income. They also come from different issuers: Global X and First Trust. Their fees differ too: 0.60% for QCLR and 0.85% for FTHI.

Which has better risk-adjusted returns?

FTHI currently has the higher Sharpe Ratio (1.71 vs 0.95), 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.