QCLR vs. QBUF

Last updated Jun 4, 2026

QCLR (Global X NASDAQ 100 Collar 95-110 ETF) and QBUF (Innovator Nasdaq-100 10 Buffer ETF - Quarterly) are both Nasdaq-100 funds - QCLR tracks the NASDAQ-100 Quarterly Collar 95-110 Index while QBUF tracks the Invesco QQQ Trust. Both are passively managed. Over the past year, QCLR returned 11.39% vs 11.93% for QBUF. Their correlation of 0.82 suggests significant overlap in exposure. QCLR charges 0.60%/yr vs 0.79%/yr for QBUF.

Performance

QCLR vs. QBUF - 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 Innovator Nasdaq-100 10 Buffer ETF - Quarterly (QBUF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QCLR achieves a 1.40% return, which is significantly lower than QBUF's 4.68% return.

QCLR

• 1D: 0.00%
• 1M: 1.52%
• YTD: 1.40%
• 6M: -0.07%
• 1Y: 11.39%
• 3Y*: 13.84%
• 5Y*: —
• 10Y*: —

QBUF

• 1D: -0.01%
• 1M: 0.84%
• YTD: 4.68%
• 6M: 4.57%
• 1Y: 11.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QCLR vs. QBUF - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QCLR Global X NASDAQ 100 Collar 95-110 ETF	1.40%	11.27%	5.48%
QBUF Innovator Nasdaq-100 10 Buffer ETF - Quarterly	4.68%	11.08%	5.92%

Correlation

The correlation between QCLR and QBUF is 0.82, 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	0.82
Correlation (All Time) Calculated using the full available price history since Jul 2, 2024	0.82

The correlation between QCLR and QBUF has been stable across timeframes, ranging from 0.82 to 0.82 - a consistent structural relationship.

QCLR vs. QBUF - Sectors Allocation Comparison

Sectors	QCLR	QBUF
Technology	53.8%	50.7%
Communication Services	15.8%	15.8%
Consumer Cyclical	12.2%	12.5%
Consumer Defensive	7.7%	8.7%
Healthcare	4.2%	5.1%
Industrials	2.9%	3.3%
Utilities	1.4%	1.6%
Basic Materials	1.1%	1.3%
Energy	0.6%	0.7%
Financial Services	0.2%	0.2%
Real Estate	0.1%	0.1%

Return for Risk

QCLR vs. QBUF — Risk / Return Rank

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

QCLR

QCLR Risk / Return Rank: 29
QCLR Sharpe Ratio Rank: 32
QCLR Sortino Ratio Rank: 29
QCLR Omega Ratio Rank: 32
QCLR Calmar Ratio Rank: 24
QCLR Martin Ratio Rank: 28

QBUF

QBUF Risk / Return Rank: 79
QBUF Sharpe Ratio Rank: 70
QBUF Sortino Ratio Rank: 71
QBUF Omega Ratio Rank: 80
QBUF Calmar Ratio Rank: 88
QBUF Martin Ratio Rank: 85

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. QBUF - 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 Innovator Nasdaq-100 10 Buffer ETF - Quarterly (QBUF). 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.

	QCLR	QBUF	Difference
Sharpe ratio: Return per unit of total volatility	1.17	2.28	-1.11
Sortino ratio: Return per unit of downside risk	1.60	3.20	-1.60
Omega ratio: Gain probability vs. loss probability	1.22	1.48	-0.26
Calmar ratio: Return relative to maximum drawdown	1.12	5.19	-4.07
Martin ratio: Return relative to average drawdown	4.02	17.79	-13.77
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QCLR vs. QBUF - Sharpe Ratio Comparison

The current QCLR Sharpe Ratio is 1.17, which is lower than the QBUF Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of QCLR and QBUF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	QCLR	QBUF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.17	2.28	-1.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	1.36	-0.69

Drawdowns

QCLR vs. QBUF - Drawdown Comparison

The maximum QCLR drawdown since its inception was -21.77%, which is greater than QBUF's maximum drawdown of -8.84%. Use the drawdown chart below to compare losses from any high point for QCLR and QBUF.

Drawdown Indicators

	QCLR	QBUF	Difference
Max Drawdown Largest peak-to-trough decline	-21.77%	-8.84%	-12.93%
Max Drawdown (1Y) Largest decline over 1 year	-10.22%	-2.31%	-7.91%
Max Drawdown (3Y) Largest decline over 3 years	-13.58%	—	—
Current Drawdown Current decline from peak	-0.89%	-0.01%	-0.88%
Average Drawdown Average peak-to-trough decline	-6.20%	-0.82%	-5.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.84%	0.67%	+2.17%

Volatility

QCLR vs. QBUF - Volatility Comparison

Global X NASDAQ 100 Collar 95-110 ETF (QCLR) has a higher volatility of 0.45% compared to Innovator Nasdaq-100 10 Buffer ETF - Quarterly (QBUF) at 0.23%. This indicates that QCLR's price experiences larger fluctuations and is considered to be riskier than QBUF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QCLR	QBUF	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.45%	0.23%	+0.22%
Volatility (6M) Calculated over the trailing 6-month period	7.24%	3.88%	+3.36%
Volatility (1Y) Calculated over the trailing 1-year period	9.82%	5.25%	+4.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.42%	8.47%	+3.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.42%	8.47%	+3.95%

QCLR vs. QBUF - Expense Ratio Comparison

QCLR has a 0.60% expense ratio, which is lower than QBUF's 0.79% expense ratio.

Dividends

QCLR vs. QBUF - Dividend Comparison

QCLR's dividend yield for the trailing twelve months is around 14.68%, while QBUF has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
QBUF Innovator Nasdaq-100 10 Buffer ETF - Quarterly	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QCLR Global X NASDAQ 100 Collar 95-110 ETF	14.68%	14.89%	8.89%	0.47%	0.27%	1.64%

Frequently Asked Questions

Can I hold both QCLR and QBUF in my portfolio?

QCLR and QBUF have a correlation of 0.82, 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 QBUF?

QCLR has higher volatility (0.45%) compared to QBUF (0.23%). In terms of maximum drawdown, QCLR dropped -21.77% vs QBUF's -8.84%.

Which ETF is better, QCLR or QBUF?

On 1-year performance, QBUF leads with 11.93% vs 11.39% for QCLR. On fees, QCLR is cheaper at 0.60% per year. On volatility, QBUF has been the lower-risk option at 0.23%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QCLR or QBUF?

Over the 1-year period, QBUF has performed better with a 11.93% return vs 11.39%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QCLR or QBUF?

QCLR is cheaper with a 0.60% expense ratio, compared with 0.79% for QBUF.

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

QCLR has the higher dividend yield at 14.68%, compared with 0.00% for QBUF.

What is the main difference between QCLR and QBUF?

QCLR tracks NASDAQ-100 Quarterly Collar 95-110 Index, while QBUF tracks Invesco QQQ Trust. They also come from different issuers: Global X and Innovator. Their fees differ too: 0.60% for QCLR and 0.79% for QBUF.

Which has better risk-adjusted returns?

QBUF currently has the higher Sharpe Ratio (2.28 vs 1.17), 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.