QCLR vs. TQQQ

Last updated Jun 3, 2026

QCLR (Global X NASDAQ 100 Collar 95-110 ETF) and TQQQ (ProShares UltraPro QQQ) are both exchange-traded funds - QCLR is a Nasdaq-100 fund tracking the NASDAQ-100 Quarterly Collar 95-110 Index, while TQQQ is a Leveraged Equities fund tracking the NASDAQ-100 Index (300%). Both are passively managed. Over the past 3 years, QCLR returned 13.84%/yr vs 69.92%/yr for TQQQ. Their correlation of 0.86 suggests significant overlap in exposure. QCLR charges 0.60%/yr vs 0.95%/yr for TQQQ.

Performance

QCLR vs. TQQQ - 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 UltraPro QQQ (TQQQ). 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 TQQQ's 65.71% return.

QCLR

• 1D: 0.02%
• 1M: 1.43%
• YTD: 1.40%
• 6M: 0.03%
• 1Y: 12.06%
• 3Y*: 13.84%
• 5Y*: —
• 10Y*: —

TQQQ

• 1D: 1.37%
• 1M: 33.57%
• YTD: 65.71%
• 6M: 58.23%
• 1Y: 145.30%
• 3Y*: 69.92%
• 5Y*: 29.86%
• 10Y*: 45.44%

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

QCLR vs. TQQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
QCLR Global X NASDAQ 100 Collar 95-110 ETF	1.40%	11.27%	20.27%	28.87%	-18.87%	3.02%
TQQQ ProShares UltraPro QQQ	65.71%	34.35%	58.27%	198.04%	-79.09%	17.98%

Correlation

The correlation between QCLR and TQQQ is 0.93, 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	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (All Time) Calculated using the full available price history since Aug 27, 2021	0.86

The correlation between QCLR and TQQQ has been stable across timeframes, ranging from 0.86 to 0.93 - a consistent structural relationship.

QCLR vs. TQQQ - Sectors Allocation Comparison

Sectors	QCLR	TQQQ
Technology	53.8%	53.8%
Communication Services	15.8%	15.8%
Consumer Cyclical	12.2%	12.3%
Consumer Defensive	7.7%	7.7%
Healthcare	4.2%	4.2%
Industrials	2.9%	2.8%
Utilities	1.4%	1.4%
Basic Materials	1.1%	1.1%
Energy	0.6%	0.6%
Financial Services	0.2%	0.2%
Real Estate	0.1%	0.1%

Return for Risk

QCLR vs. TQQQ — Risk / Return Rank

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

QCLR

QCLR Risk / Return Rank: 31
QCLR Sharpe Ratio Rank: 34
QCLR Sortino Ratio Rank: 31
QCLR Omega Ratio Rank: 34
QCLR Calmar Ratio Rank: 25
QCLR Martin Ratio Rank: 30

TQQQ

TQQQ Risk / Return Rank: 75
TQQQ Sharpe Ratio Rank: 89
TQQQ Sortino Ratio Rank: 69
TQQQ Omega Ratio Rank: 68
TQQQ Calmar Ratio Rank: 79
TQQQ Martin Ratio Rank: 71

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. TQQQ - 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 UltraPro QQQ (TQQQ). 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	TQQQ	Difference
Sharpe ratio Return per unit of total volatility	1.23	3.07	-1.84
Sortino ratio Return per unit of downside risk	1.69	3.19	-1.50
Omega ratio Gain probability vs. loss probability	1.23	1.42	-0.19
Calmar ratio Return relative to maximum drawdown	1.22	4.08	-2.86
Martin ratio Return relative to average drawdown	4.39	13.38	-8.99
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. TQQQ - Sharpe Ratio Comparison

The current QCLR Sharpe Ratio is 1.23, which is lower than the TQQQ Sharpe Ratio of 3.07. The chart below compares the historical Sharpe Ratios of QCLR and TQQQ, 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	TQQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.23	3.07	-1.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.45	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.69	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.74	-0.07

Drawdowns

QCLR vs. TQQQ - Drawdown Comparison

The maximum QCLR drawdown since its inception was -21.77%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for QCLR and TQQQ.

Drawdown Indicators

	QCLR	TQQQ	Difference
Max Drawdown Largest peak-to-trough decline	-21.77%	-81.66%	+59.89%
Max Drawdown (1Y) Largest decline over 1 year	-10.22%	-36.97%	+26.75%
Max Drawdown (3Y) Largest decline over 3 years	-13.58%	-58.04%	+44.46%
Max Drawdown (5Y) Largest decline over 5 years	—	-81.66%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-81.66%	—
Current Drawdown Current decline from peak	-0.89%	0.00%	-0.89%
Average Drawdown Average peak-to-trough decline	-6.20%	-18.53%	+12.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.84%	11.28%	-8.44%

Volatility

QCLR vs. TQQQ - Volatility Comparison

The current volatility for Global X NASDAQ 100 Collar 95-110 ETF (QCLR) is 0.47%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 13.26%. This indicates that QCLR experiences smaller price fluctuations and is considered to be less risky than TQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QCLR	TQQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.47%	13.26%	-12.79%
Volatility (6M) Calculated over the trailing 6-month period	7.25%	36.05%	-28.80%
Volatility (1Y) Calculated over the trailing 1-year period	9.82%	47.63%	-37.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.43%	66.55%	-54.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.43%	65.98%	-53.55%

QCLR vs. TQQQ - Expense Ratio Comparison

QCLR has a 0.60% expense ratio, which is lower than TQQQ's 0.95% expense ratio.

Dividends

QCLR vs. TQQQ - Dividend Comparison

QCLR's dividend yield for the trailing twelve months is around 14.68%, more than TQQQ's 0.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QCLR Global X NASDAQ 100 Collar 95-110 ETF	14.68%	14.89%	8.89%	0.47%	0.27%	1.64%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TQQQ ProShares UltraPro QQQ	0.36%	0.65%	1.27%	1.26%	0.57%	0.00%	0.00%	0.06%	0.11%	0.00%	0.00%	0.01%

Frequently Asked Questions

Can I hold both QCLR and TQQQ in my portfolio?

With a correlation of 0.93, QCLR and TQQQ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, QCLR or TQQQ?

TQQQ has higher volatility (13.26%) compared to QCLR (0.47%). In terms of maximum drawdown, QCLR dropped -21.77% vs TQQQ's -81.66%.

Which ETF is better, QCLR or TQQQ?

On 3-year performance, TQQQ leads with 69.92% vs 13.84% for QCLR. On fees, QCLR is cheaper at 0.60% per year. On volatility, QCLR has been the lower-risk option at 0.47%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QCLR or TQQQ?

Over the 3-year period, TQQQ has performed better with a 69.92% return vs 13.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QCLR or TQQQ?

QCLR is cheaper with a 0.60% expense ratio, compared with 0.95% for TQQQ.

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

QCLR has the higher dividend yield at 14.68%, compared with 0.36% for TQQQ.

What is the main difference between QCLR and TQQQ?

QCLR is categorized as Nasdaq-100, while TQQQ is Leveraged Equities. QCLR tracks NASDAQ-100 Quarterly Collar 95-110 Index, while TQQQ tracks NASDAQ-100 Index (300%). They also come from different issuers: Global X and ProShares. Their fees differ too: 0.60% for QCLR and 0.95% for TQQQ.

Which has better risk-adjusted returns?

TQQQ currently has the higher Sharpe Ratio (3.07 vs 1.23), 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.