QCLR vs. QNXT

Last updated Jun 4, 2026

QCLR (Global X NASDAQ 100 Collar 95-110 ETF) and QNXT (iShares Nasdaq-100 ex Top 30 ETF) are both Nasdaq-100 funds - QCLR tracks the NASDAQ-100 Quarterly Collar 95-110 Index while QNXT tracks the Nasdaq-100 ex Top 30 UCITS Index. Both are passively managed. Over the past year, QCLR returned 11.39% vs 25.34% for QNXT. A 0.77 correlation means they provide meaningful diversification when combined. QCLR charges 0.60%/yr vs 0.20%/yr for QNXT.

Performance

QCLR vs. QNXT - 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 iShares Nasdaq-100 ex Top 30 ETF (QNXT). 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 QNXT's 15.67% return.

QCLR

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

QNXT

• 1D: -0.61%
• 1M: 9.65%
• YTD: 15.67%
• 6M: 13.13%
• 1Y: 25.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QCLR vs. QNXT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QCLR Global X NASDAQ 100 Collar 95-110 ETF	1.40%	11.27%	4.27%
QNXT iShares Nasdaq-100 ex Top 30 ETF	15.67%	14.97%	-2.52%

Correlation

The correlation between QCLR and QNXT 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 (1Y) Calculated over the trailing 1-year period	0.76
Correlation (All Time) Calculated using the full available price history since Oct 25, 2024	0.77

The correlation between QCLR and QNXT has been stable across timeframes, ranging from 0.76 to 0.77 - a consistent structural relationship.

QCLR vs. QNXT - Sectors Allocation Comparison

Sectors	QCLR	QNXT
Technology	53.8%	40.3%
Communication Services	15.8%	8.8%
Consumer Cyclical	12.2%	17.0%
Consumer Defensive	7.7%	5.7%
Healthcare	4.2%	7.5%
Industrials	2.9%	10.6%
Utilities	1.4%	6.1%
Basic Materials	1.1%	-
Energy	0.6%	2.7%
Financial Services	0.2%	1.0%
Real Estate	0.1%	0.3%

Return for Risk

QCLR vs. QNXT — 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

QNXT

QNXT Risk / Return Rank: 49
QNXT Sharpe Ratio Rank: 50
QNXT Sortino Ratio Rank: 49
QNXT Omega Ratio Rank: 47
QNXT Calmar Ratio Rank: 52
QNXT Martin Ratio Rank: 49

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. QNXT - 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 iShares Nasdaq-100 ex Top 30 ETF (QNXT). 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	QNXT	Difference
Sharpe ratio: Return per unit of total volatility	1.17	1.70	-0.53
Sortino ratio: Return per unit of downside risk	1.60	2.37	-0.77
Omega ratio: Gain probability vs. loss probability	1.22	1.29	-0.08
Calmar ratio: Return relative to maximum drawdown	1.12	2.50	-1.39
Martin ratio: Return relative to average drawdown	4.02	8.17	-4.15
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. QNXT - Sharpe Ratio Comparison

The current QCLR Sharpe Ratio is 1.17, which is lower than the QNXT Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of QCLR and QNXT, 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	QNXT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.17	1.70	-0.53
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.90	-0.23

Drawdowns

QCLR vs. QNXT - Drawdown Comparison

The maximum QCLR drawdown since its inception was -21.77%, roughly equal to the maximum QNXT drawdown of -22.25%. Use the drawdown chart below to compare losses from any high point for QCLR and QNXT.

Drawdown Indicators

	QCLR	QNXT	Difference
Max Drawdown Largest peak-to-trough decline	-21.77%	-22.25%	+0.48%
Max Drawdown (1Y) Largest decline over 1 year	-10.22%	-10.16%	-0.06%
Max Drawdown (3Y) Largest decline over 3 years	-13.58%	—	—
Current Drawdown Current decline from peak	-0.89%	-0.61%	-0.28%
Average Drawdown Average peak-to-trough decline	-6.20%	-3.79%	-2.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.84%	3.11%	-0.27%

Volatility

QCLR vs. QNXT - Volatility Comparison

The current volatility for Global X NASDAQ 100 Collar 95-110 ETF (QCLR) is 0.45%, while iShares Nasdaq-100 ex Top 30 ETF (QNXT) has a volatility of 3.52%. This indicates that QCLR experiences smaller price fluctuations and is considered to be less risky than QNXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QCLR	QNXT	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.45%	3.52%	-3.07%
Volatility (6M) Calculated over the trailing 6-month period	7.24%	10.92%	-3.68%
Volatility (1Y) Calculated over the trailing 1-year period	9.82%	15.05%	-5.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.42%	19.73%	-7.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.42%	19.73%	-7.31%

QCLR vs. QNXT - Expense Ratio Comparison

QCLR has a 0.60% expense ratio, which is higher than QNXT's 0.20% expense ratio.

Dividends

QCLR vs. QNXT - Dividend Comparison

QCLR's dividend yield for the trailing twelve months is around 14.68%, more than QNXT's 0.60% yield.

Position	TTM	2025	2024	2023	2022	2021
QCLR Global X NASDAQ 100 Collar 95-110 ETF	14.68%	14.89%	8.89%	0.47%	0.27%	1.64%
QNXT iShares Nasdaq-100 ex Top 30 ETF	0.60%	0.64%	0.22%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QCLR and QNXT in my portfolio?

QCLR and QNXT 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 is riskier, QCLR or QNXT?

QNXT has higher volatility (3.52%) compared to QCLR (0.45%). In terms of maximum drawdown, QCLR dropped -21.77% vs QNXT's -22.25%.

Which ETF is better, QCLR or QNXT?

On 1-year performance, QNXT leads with 25.34% vs 11.39% for QCLR. On fees, QNXT is cheaper at 0.20% per year. On volatility, QCLR has been the lower-risk option at 0.45%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QCLR or QNXT?

Over the 1-year period, QNXT has performed better with a 25.34% 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 QNXT?

QNXT is cheaper with a 0.20% expense ratio, compared with 0.60% for QCLR.

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

QCLR has the higher dividend yield at 14.68%, compared with 0.60% for QNXT.

What is the main difference between QCLR and QNXT?

QCLR tracks NASDAQ-100 Quarterly Collar 95-110 Index, while QNXT tracks Nasdaq-100 ex Top 30 UCITS Index. They also come from different issuers: Global X and iShares. Their fees differ too: 0.60% for QCLR and 0.20% for QNXT.

Which has better risk-adjusted returns?

QNXT currently has the higher Sharpe Ratio (1.70 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.