QDAY.NEO vs. QQCI.TO
QDAY.NEO (Hamilton EnhancedTechnology DayMAX™ ETF) and QQCI.TO (Invesco NASDAQ 100 Income Advantage ETF) are both exchange-traded funds - QDAY.NEO is a Derivative Income fund actively managed by Hamilton, while QQCI.TO is a Nasdaq-100 fund actively managed by CI. Both are actively managed. Over the past year, QDAY.NEO returned 47.32% vs 29.39% for QQCI.TO. Their correlation of 0.85 means they have usually moved in the same direction. QDAY.NEO charges 0.85%/yr vs 0.21%/yr for QQCI.TO.
Performance
QDAY.NEO vs. QQCI.TO - Performance Comparison
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Returns By Period
In the year-to-date period, QDAY.NEO achieves a 30.22% return, which is significantly higher than QQCI.TO's 16.78% return.
QDAY.NEO
- 1D
- 6.39%
- 1M
- 2.14%
- 6M
- 31.70%
- YTD
- 30.22%
- 1Y
- 47.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 46.34%
QQCI.TO
- 1D
- 4.27%
- 1M
- -0.13%
- 6M
- 16.86%
- YTD
- 16.78%
- 1Y
- 29.39%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 21.78%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$429.00K | CA$183.86K | CA$63.29K | |
| CA$127.06K | CA$114.04K | CA$155.19K |
QDAY.NEO vs. QQCI.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF | 30.22% | 14.84% |
QQCI.TO Invesco NASDAQ 100 Income Advantage ETF | 16.78% | 11.69% |
Correlation
The correlation between QDAY.NEO and QQCI.TO is 0.85, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.85 |
Correlation (All Time) Calculated using the full available price history since Jul 14, 2025 | 0.85 |
The correlation between QDAY.NEO and QQCI.TO has been stable across timeframes, ranging from 0.85 to 0.85 - a consistent structural relationship.
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Return for Risk
QDAY.NEO vs. QQCI.TO — Risk / Return Rank
QDAY.NEO
QQCI.TO
QDAY.NEO vs. QQCI.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hamilton EnhancedTechnology DayMAX™ ETF (QDAY.NEO) and Invesco NASDAQ 100 Income Advantage ETF (QQCI.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.
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 | QQCI.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.34 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.47 | 3.48 | -1.01 |
| Martin ratioReturn relative to average drawdown | 6.57 | 11.50 | -4.92 |
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Drawdowns
QDAY.NEO vs. QQCI.TO - Drawdown Comparison
The maximum QDAY.NEO drawdown since its inception was -19.44%, roughly equal to the maximum QQCI.TO drawdown of -18.95%. Use the drawdown chart below to compare losses from any high point for QDAY.NEO and QQCI.TO.
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Drawdown Indicators
| QDAY.NEO | QQCI.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.44% | -18.95% | -0.49% |
Max Drawdown (1Y)Largest decline over 1 year | -19.44% | -8.48% | -10.96% |
Current DrawdownCurrent decline from peak | -1.96% | -1.82% | -0.14% |
Average DrawdownAverage peak-to-trough decline | -5.15% | -3.07% | -2.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.27% | 2.56% | +4.71% |
Volatility
QDAY.NEO vs. QQCI.TO - Volatility Comparison
Hamilton EnhancedTechnology DayMAX™ ETF (QDAY.NEO) has a higher volatility of 10.38% compared to Invesco NASDAQ 100 Income Advantage ETF (QQCI.TO) at 6.46%. This indicates that QDAY.NEO's price experiences larger fluctuations and is considered to be riskier than QQCI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QDAY.NEO | QQCI.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.38% | 6.46% | +3.92% |
Volatility (6M)Calculated over the trailing 6-month period | 21.71% | 12.18% | +9.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.57% | 15.41% | +11.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.18% | 16.18% | +10.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.18% | 16.18% | +10.00% |
QDAY.NEO vs. QQCI.TO - Expense Ratio Comparison
QDAY.NEO has a 0.85% expense ratio, which is higher than QQCI.TO's 0.21% expense ratio.
Dividends
QDAY.NEO vs. QQCI.TO - Dividend Comparison
QDAY.NEO's dividend yield for the trailing twelve months is around 16.94%, more than QQCI.TO's 8.94% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF | 16.94% | 8.78% | 0.00% |
QQCI.TO Invesco NASDAQ 100 Income Advantage ETF | 8.94% | 9.34% | 3.17% |
Frequently Asked Questions
QDAY.NEO and QQCI.TO have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QQCI.TO is cheaper at 0.21% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QQCI.TO is cheaper with a 0.21% expense ratio, compared with 0.85% for QDAY.NEO.
QDAY.NEO is categorized as Derivative Income, while QQCI.TO is Nasdaq-100. They also come from different issuers: Hamilton and CI. Their fees differ too: 0.85% for QDAY.NEO and 0.21% for QQCI.TO.
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