QCLR vs. QB

Last updated Jul 15, 2026

QCLR (Global X NASDAQ 100 Collar 95-110 ETF) and QB (ProShares Nasdaq-100 Dynamic Daily Buffer ETF) are both exchange-traded funds - QCLR is a Nasdaq-100 fund tracking the NASDAQ-100 Quarterly Collar 95-110 Index, while QB is a Defined Outcome fund tracking the Nasdaq-100. Both are passively managed. Over the past year, QCLR returned 6.29% vs 18.83% for QB. A 0.72 correlation means they provide meaningful diversification when combined. QCLR charges 0.60%/yr vs 0.58%/yr for QB.

Performance

QCLR vs. QB - 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 ProShares Nasdaq-100 Dynamic Daily Buffer ETF (QB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QCLR achieves a 0.25% return, which is significantly lower than QB's 12.67% return.

QCLR

• 1D: 0.60%
• 1M: -1.19%
• 6M: -1.00%
• YTD: 0.25%
• 1Y: 6.29%
• 3Y*: 12.71%
• 5Y*: —
• 10Y*: —

QB

• 1D: 0.47%
• 1M: 3.50%
• 6M: 11.39%
• YTD: 12.67%
• 1Y: 18.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QCLR vs. QB - Yearly Performance Comparison

	2026 (YTD)	2025
QCLR Global X NASDAQ 100 Collar 95-110 ETF	0.25%	7.89%
QB ProShares Nasdaq-100 Dynamic Daily Buffer ETF	12.67%	6.10%

Correlation

The correlation between QCLR and QB is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.72

The correlation between QCLR and QB has been stable across timeframes, ranging from 0.72 to 0.72 - a consistent structural relationship.

QCLR vs. QB - Sectors Allocation Comparison

Sectors	QCLR	QB
Technology	58.7%	49.9%
Communication Services	14.3%	16.4%
Consumer Cyclical	11.4%	12.5%
Consumer Defensive	6.4%	8.6%
Healthcare	3.7%	5.3%
Industrials	2.6%	3.7%
Utilities	1.2%	1.6%
Basic Materials	1.0%	1.3%
Energy	0.5%	0.6%
Financial Services	0.2%	0.2%
Real Estate	0.1%	0.1%

Return for Risk

QCLR vs. QB — Risk / Return Rank

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

QCLR

QCLR Risk / Return Rank: 21
QCLR Sharpe Ratio Rank: 22
QCLR Sortino Ratio Rank: 19
QCLR Omega Ratio Rank: 21
QCLR Calmar Ratio Rank: 18
QCLR Martin Ratio Rank: 22

QB

QB Risk / Return Rank: 95
QB Sharpe Ratio Rank: 93
QB Sortino Ratio Rank: 94
QB Omega Ratio Rank: 96
QB Calmar Ratio Rank: 94
QB Martin Ratio Rank: 96

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. QB - 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 ProShares Nasdaq-100 Dynamic Daily Buffer ETF (QB). 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	QB	Difference
Sharpe ratio: Return per unit of total volatility	0.64	2.69	-2.05
Sortino ratio: Return per unit of downside risk	0.90	3.91	-3.01
Omega ratio: Gain probability vs. loss probability	1.12	1.64	-0.52
Calmar ratio: Return relative to maximum drawdown	0.62	5.44	-4.82
Martin ratio: Return relative to average drawdown	2.19	26.25	-24.06

QCLR vs. QB - Sharpe Ratio Comparison

The current QCLR Sharpe Ratio is 0.64, which is lower than the QB Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of QCLR and QB, 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. QB - Drawdown Comparison

The maximum QCLR drawdown since its inception was -21.77%, which is greater than QB's maximum drawdown of -3.47%. Use the drawdown chart below to compare losses from any high point for QCLR and QB.

Drawdown Indicators

	QCLR	QB	Difference
Max Drawdown Largest peak-to-trough decline	-21.77%	-3.47%	-18.30%
Max Drawdown (1Y) Largest decline over 1 year	-10.22%	-3.47%	-6.75%
Max Drawdown (3Y) Largest decline over 3 years	-13.58%	—	—
Current Drawdown Current decline from peak	-2.02%	0.00%	-2.02%
Average Drawdown Average peak-to-trough decline	-6.09%	-0.42%	-5.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.88%	0.72%	+2.16%

Volatility

QCLR vs. QB - Volatility Comparison

Global X NASDAQ 100 Collar 95-110 ETF (QCLR) has a higher volatility of 3.21% compared to ProShares Nasdaq-100 Dynamic Daily Buffer ETF (QB) at 2.86%. This indicates that QCLR's price experiences larger fluctuations and is considered to be riskier than QB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QCLR	QB	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.21%	2.86%	+0.35%
Volatility (6M) Calculated over the trailing 6-month period	6.95%	5.82%	+1.13%
Volatility (1Y) Calculated over the trailing 1-year period	9.95%	7.03%	+2.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.37%	6.93%	+5.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.37%	6.93%	+5.44%

QCLR vs. QB - Expense Ratio Comparison

QCLR has a 0.60% expense ratio, which is higher than QB's 0.58% expense ratio.

Dividends

QCLR vs. QB - Dividend Comparison

QCLR's dividend yield for the trailing twelve months is around 14.90%, more than QB's 0.77% yield.

Position	TTM	2025	2024	2023	2022	2021
QB ProShares Nasdaq-100 Dynamic Daily Buffer ETF	0.77%	0.48%	0.00%	0.00%	0.00%	0.00%
QCLR Global X NASDAQ 100 Collar 95-110 ETF	14.90%	14.89%	8.89%	0.47%	0.27%	1.64%

Frequently Asked Questions

Can I hold both QCLR and QB in my portfolio?

QCLR and QB have a correlation of 0.72, 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 QB?

QCLR has higher volatility (3.21%) compared to QB (2.86%). In terms of maximum drawdown, QCLR dropped -21.77% vs QB's -3.47%.

Which ETF is better, QCLR or QB?

On 1-year performance, QB leads with 18.83% vs 6.29% for QCLR. On fees, QB is cheaper at 0.58% per year. On volatility, QB has been the lower-risk option at 2.86%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QCLR or QB?

Over the 1-year period, QB has performed better with a 18.83% return vs 6.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QCLR or QB?

QB is cheaper with a 0.58% expense ratio, compared with 0.60% for QCLR.

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

QCLR has the higher dividend yield at 14.90%, compared with 0.77% for QB.

What is the main difference between QCLR and QB?

QCLR is categorized as Nasdaq-100, while QB is Defined Outcome. QCLR tracks NASDAQ-100 Quarterly Collar 95-110 Index, while QB tracks Nasdaq-100. They also come from different issuers: Global X and ProShares. Their fees differ too: 0.60% for QCLR and 0.58% for QB.

Which has better risk-adjusted returns?

QB currently has the higher Sharpe Ratio (2.69 vs 0.64), 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.