QDAY.NEO vs. HXQ.TO

Last updated Jun 9, 2026

QDAY.NEO (Hamilton EnhancedTechnology DayMAX™ ETF) and HXQ.TO (Horizons NASDAQ-100 Index ETF) are both exchange-traded funds - QDAY.NEO is a Derivative Income fund actively managed by Hamilton Capital, while HXQ.TO is a Nasdaq-100 fund tracking the NASDAQ-100 Index. QDAY.NEO is actively managed, while HXQ.TO is passively managed. QDAY.NEO charges 0.85%/yr vs 0.25%/yr for HXQ.TO.

Performance

QDAY.NEO vs. HXQ.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Hamilton EnhancedTechnology DayMAX™ ETF (QDAY.NEO) and Horizons NASDAQ-100 Index ETF (HXQ.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*: —

HXQ.TO

• 1D: 1.44%
• 1M: 2.69%
• YTD: 18.52%
• 6M: 15.98%
• 1Y: 38.04%
• 3Y*: 28.80%
• 5Y*: 20.09%
• 10Y*: 22.16%

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

Return for Risk

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

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

HXQ.TO

HXQ.TO Risk / Return Rank: 73
HXQ.TO Sharpe Ratio Rank: 81
HXQ.TO Sortino Ratio Rank: 75
HXQ.TO Omega Ratio Rank: 79
HXQ.TO Calmar Ratio Rank: 68
HXQ.TO Martin Ratio Rank: 61

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. HXQ.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hamilton EnhancedTechnology DayMAX™ ETF (QDAY.NEO) and Horizons NASDAQ-100 Index ETF (HXQ.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	HXQ.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.35	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.97	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.07	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.06	—

Drawdowns

Drawdown Indicators

	QDAY.NEO	HXQ.TO	Difference
Max Drawdown Largest peak-to-trough decline	—	-31.60%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-12.43%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.58%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-31.60%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-31.60%	—
Current Drawdown Current decline from peak	—	-3.52%	—
Average Drawdown Average peak-to-trough decline	—	-5.75%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.88%	—

Volatility

Volatility by Period

	QDAY.NEO	HXQ.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.67%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.75%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	16.27%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	20.85%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	20.89%	—

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

QDAY.NEO has a 0.85% expense ratio, which is higher than HXQ.TO's 0.25% expense ratio.

Dividends

QDAY.NEO vs. HXQ.TO - Dividend Comparison

Neither QDAY.NEO nor HXQ.TO has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

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

On fees, HXQ.TO is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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

HXQ.TO is cheaper with a 0.25% expense ratio, compared with 0.85% for QDAY.NEO.

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

QDAY.NEO is categorized as Derivative Income, while HXQ.TO is Nasdaq-100. They also come from different issuers: Hamilton Capital and Horizons. Their fees differ too: 0.85% for QDAY.NEO and 0.25% for HXQ.TO.