QDAY.NEO vs. CASH.TO

Last updated Jun 9, 2026

QDAY.NEO (Hamilton EnhancedTechnology DayMAX™ ETF) and CASH.TO (Global X High Interest Savings ETF) are both exchange-traded funds - QDAY.NEO is a Derivative Income fund actively managed by Hamilton Capital, while CASH.TO is a Money Market fund actively managed by Global X. Both are actively managed. QDAY.NEO charges 0.85%/yr vs 0.11%/yr for CASH.TO.

Performance

QDAY.NEO vs. CASH.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Hamilton EnhancedTechnology DayMAX™ ETF (QDAY.NEO) and Global X High Interest Savings ETF (CASH.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QDAY.NEO

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

CASH.TO

• 1D: 0.02%
• 1M: 0.17%
• YTD: 0.87%
• 6M: 1.01%
• 1Y: 2.23%
• 3Y*: 3.59%
• 5Y*: —
• 10Y*: —

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

Return for Risk

QDAY.NEO vs. CASH.TO — Risk / Return Rank

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

CASH.TO

CASH.TO Risk / Return Rank: 100
CASH.TO Sharpe Ratio Rank: 99
CASH.TO Sortino Ratio Rank: 99
CASH.TO Omega Ratio Rank: 99
CASH.TO Calmar Ratio Rank: 100
CASH.TO Martin Ratio Rank: 100

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.

QDAY.NEO vs. CASH.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hamilton EnhancedTechnology DayMAX™ ETF (QDAY.NEO) and Global X High Interest Savings ETF (CASH.TO). 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.

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

Sharpe Ratios by Period

	QDAY.NEO	CASH.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	9.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	5.50	—

Drawdowns

Drawdown Indicators

	QDAY.NEO	CASH.TO	Difference
Max Drawdown Largest peak-to-trough decline	—	-0.80%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-0.02%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.06%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-0.00%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.01%	—

Volatility

Volatility by Period

	QDAY.NEO	CASH.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.08%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.16%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	0.24%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	0.61%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	0.61%	—

QDAY.NEO vs. CASH.TO - Expense Ratio Comparison

QDAY.NEO has a 0.85% expense ratio, which is higher than CASH.TO's 0.11% expense ratio.

Dividends

QDAY.NEO vs. CASH.TO - Dividend Comparison

QDAY.NEO has not paid dividends to shareholders, while CASH.TO's dividend yield for the trailing twelve months is around 2.19%.

Position	TTM	2025	2024	2023	2022	2021
CASH.TO Global X High Interest Savings ETF	2.19%	2.53%	4.37%	5.05%	2.30%	0.10%
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, QDAY.NEO or CASH.TO?

On fees, CASH.TO is cheaper at 0.11% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QDAY.NEO or CASH.TO?

CASH.TO is cheaper with a 0.11% expense ratio, compared with 0.85% for QDAY.NEO.

What is the main difference between QDAY.NEO and CASH.TO?

QDAY.NEO is categorized as Derivative Income, while CASH.TO is Money Market. They also come from different issuers: Hamilton Capital and Global X. Their fees differ too: 0.85% for QDAY.NEO and 0.11% for CASH.TO.