QCLR vs. QNDX

Last updated Jul 15, 2026

QCLR (Global X NASDAQ 100 Collar 95-110 ETF) and QNDX (SPDR Portfolio Nasdaq 100 ETF) are both Nasdaq-100 funds - QCLR tracks the NASDAQ-100 Quarterly Collar 95-110 Index while QNDX tracks the Nasdaq-100 Index. Both are passively managed. A 0.76 correlation means they provide meaningful diversification when combined. QCLR charges 0.60%/yr vs 0.10%/yr for QNDX.

Performance

QCLR vs. QNDX - 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 SPDR Portfolio Nasdaq 100 ETF (QNDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QCLR

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

QNDX

• 1D: 1.12%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QCLR vs. QNDX - Yearly Performance Comparison

	2026 (YTD)
QCLR Global X NASDAQ 100 Collar 95-110 ETF	0.03%
QNDX SPDR Portfolio Nasdaq 100 ETF	0.74%

Correlation

The correlation between QCLR and QNDX is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 24, 2026	0.76

Return for Risk

QCLR vs. QNDX — 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

QNDX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. QNDX - 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 SPDR Portfolio Nasdaq 100 ETF (QNDX). 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	QNDX	Difference
Sharpe ratio: Return per unit of total volatility	0.64	—	—
Sortino ratio: Return per unit of downside risk	0.90	—	—
Omega ratio: Gain probability vs. loss probability	1.12	—	—
Calmar ratio: Return relative to maximum drawdown	0.62	—	—
Martin ratio: Return relative to average drawdown	2.19	—	—

Drawdowns

QCLR vs. QNDX - Drawdown Comparison

The maximum QCLR drawdown since its inception was -21.77%, which is greater than QNDX's maximum drawdown of -3.65%. Use the drawdown chart below to compare losses from any high point for QCLR and QNDX.

Drawdown Indicators

	QCLR	QNDX	Difference
Max Drawdown Largest peak-to-trough decline	-21.77%	-3.65%	-18.12%
Max Drawdown (1Y) Largest decline over 1 year	-10.22%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-13.58%	—	—
Current Drawdown Current decline from peak	-2.02%	-2.25%	+0.23%
Average Drawdown Average peak-to-trough decline	-6.09%	-1.71%	-4.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.88%	—	—

Volatility

Volatility by Period

	QCLR	QNDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.21%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.95%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.95%	22.98%	-13.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.37%	22.98%	-10.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.37%	22.98%	-10.61%

QCLR vs. QNDX - Expense Ratio Comparison

QCLR has a 0.60% expense ratio, which is higher than QNDX's 0.10% expense ratio.

Dividends

QCLR vs. QNDX - Dividend Comparison

QCLR's dividend yield for the trailing twelve months is around 14.90%, while QNDX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
QCLR Global X NASDAQ 100 Collar 95-110 ETF	14.90%	14.89%	8.89%	0.47%	0.27%	1.64%
QNDX SPDR Portfolio Nasdaq 100 ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QCLR and QNDX in my portfolio?

QCLR and QNDX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QCLR or QNDX?

On fees, QNDX is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QCLR or QNDX?

QNDX is cheaper with a 0.10% expense ratio, compared with 0.60% for QCLR.

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

QCLR has the higher dividend yield at 14.90%, compared with 0.00% for QNDX.

What is the main difference between QCLR and QNDX?

QCLR tracks NASDAQ-100 Quarterly Collar 95-110 Index, while QNDX tracks Nasdaq-100 Index. They also come from different issuers: Global X and State Street. Their fees differ too: 0.60% for QCLR and 0.10% for QNDX.