QCLR vs. HEQT
Compare and contrast key facts about Global X NASDAQ 100 Collar 95-110 ETF (QCLR) and Simplify Hedged Equity ETF (HEQT).
QCLR and HEQT 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. HEQT is an actively managed fund by Simplify Asset Management. It was launched on Nov 1, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QCLR or HEQT.
Correlation
The correlation between QCLR and HEQT is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
QCLR vs. HEQT - Performance Comparison
Key characteristics
QCLR:
1.44
HEQT:
2.36
QCLR:
2.02
HEQT:
3.27
QCLR:
1.26
HEQT:
1.47
QCLR:
2.21
HEQT:
3.79
QCLR:
6.34
HEQT:
17.80
QCLR:
2.88%
HEQT:
1.07%
QCLR:
12.70%
HEQT:
8.11%
QCLR:
-21.77%
HEQT:
-11.51%
QCLR:
-1.61%
HEQT:
-0.79%
Returns By Period
In the year-to-date period, QCLR achieves a 0.86% return, which is significantly lower than HEQT's 1.97% return.
QCLR
0.86%
0.45%
8.00%
18.32%
N/A
N/A
HEQT
1.97%
1.55%
8.41%
18.65%
N/A
N/A
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QCLR vs. HEQT - Expense Ratio Comparison
QCLR has a 0.60% expense ratio, which is higher than HEQT's 0.53% expense ratio.
Risk-Adjusted Performance
QCLR vs. HEQT — Risk-Adjusted Performance Rank
QCLR
HEQT
QCLR vs. HEQT - 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 Simplify Hedged Equity ETF (HEQT). 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. HEQT - Dividend Comparison
QCLR's dividend yield for the trailing twelve months is around 8.81%, more than HEQT's 1.26% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
QCLR Global X NASDAQ 100 Collar 95-110 ETF | 8.81% | 8.89% | 0.47% | 0.28% | 1.64% |
HEQT Simplify Hedged Equity ETF | 1.26% | 1.29% | 4.11% | 3.93% | 0.27% |
Drawdowns
QCLR vs. HEQT - Drawdown Comparison
The maximum QCLR drawdown since its inception was -21.77%, which is greater than HEQT's maximum drawdown of -11.51%. Use the drawdown chart below to compare losses from any high point for QCLR and HEQT. For additional features, visit the drawdowns tool.
Volatility
QCLR vs. HEQT - Volatility Comparison
Global X NASDAQ 100 Collar 95-110 ETF (QCLR) has a higher volatility of 4.12% compared to Simplify Hedged Equity ETF (HEQT) at 3.22%. This indicates that QCLR's price experiences larger fluctuations and is considered to be riskier than HEQT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.