QDAY.NEO vs. MA

Last updated Jun 16, 2026

QDAY.NEO (Hamilton EnhancedTechnology DayMAX™ ETF) is Derivative Income fund actively managed by Hamilton Capital, while MA (Mastercard Incorporated) is a stock. At a 0.02 correlation, their price movements are largely independent.

Performance

QDAY.NEO vs. MA - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Hamilton EnhancedTechnology DayMAX™ ETF (QDAY.NEO) and Mastercard Incorporated (MA). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

QDAY.NEO is traded in CAD, while MA is traded in USD. To make them comparable, the MA values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, QDAY.NEO achieves a 30.27% return, which is significantly higher than MA's -12.09% return.

QDAY.NEO

• 1D: 3.63%
• 1M: 7.22%
• YTD: 30.27%
• 6M: 31.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MA

• 1D: 0.07%
• 1M: 1.02%
• YTD: -12.09%
• 6M: -12.28%
• 1Y: -9.82%
• 3Y*: 11.88%
• 5Y*: 9.73%
• 10Y*: 19.69%

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

QDAY.NEO vs. MA - Yearly Performance Comparison

	2026 (YTD)	2025
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF	30.27%	14.84%
MA Mastercard Incorporated	-12.09%	4.19%

Correlation

The correlation between QDAY.NEO and MA is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 14, 2025	0.02

Return for Risk

QDAY.NEO vs. MA — Risk / Return Rank

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

QDAY.NEO

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

MA

MA Risk / Return Rank: 18
MA Sharpe Ratio Rank: 18
MA Sortino Ratio Rank: 18
MA Omega Ratio Rank: 18
MA Calmar Ratio Rank: 21
MA Martin Ratio Rank: 16

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. MA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hamilton EnhancedTechnology DayMAX™ ETF (QDAY.NEO) and Mastercard Incorporated (MA). 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.

	QDAY.NEO	MA	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.44	—
Sortino ratio: Return per unit of downside risk	—	-0.48	—
Omega ratio: Gain probability vs. loss probability	—	0.94	—
Calmar ratio: Return relative to maximum drawdown	—	-0.46	—
Martin ratio: Return relative to average drawdown	—	-0.90	—

Drawdowns

QDAY.NEO vs. MA - Drawdown Comparison

The maximum QDAY.NEO drawdown since its inception was -19.44%, smaller than the maximum MA drawdown of -52.89%. Use the drawdown chart below to compare losses from any high point for QDAY.NEO and MA.

Drawdown Indicators

	QDAY.NEO	MA	Difference
Max Drawdown Largest peak-to-trough decline	-19.44%	-52.89%	+33.45%
Max Drawdown (1Y) Largest decline over 1 year	—	-21.23%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-21.23%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.54%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.63%	—
Current Drawdown Current decline from peak	-0.97%	-17.34%	+16.37%
Average Drawdown Average peak-to-trough decline	-5.23%	-9.14%	+3.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.90%	—

Volatility

Volatility by Period

	QDAY.NEO	MA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.58%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.67%	—
Volatility (1Y) Calculated over the trailing 1-year period	24.37%	22.34%	+2.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.37%	24.68%	-0.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.37%	27.68%	-3.31%

Dividends

QDAY.NEO vs. MA - Dividend Comparison

QDAY.NEO's dividend yield for the trailing twelve months is around 14.91%, more than MA's 0.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MA Mastercard Incorporated	0.66%	0.53%	0.50%	0.53%	0.56%	0.49%	0.45%	0.44%	0.53%	0.58%	0.74%	0.66%
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF	14.91%	8.78%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QDAY.NEO and MA in my portfolio?

QDAY.NEO and MA have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.