QDAY.NEO vs. XLK

Last updated Jun 9, 2026

QDAY.NEO (Hamilton EnhancedTechnology DayMAX™ ETF) and XLK (State Street Technology Select Sector SPDR ETF) are both exchange-traded funds - QDAY.NEO is a Derivative Income fund actively managed by Hamilton Capital, while XLK is a Technology Equities fund tracking the S&P Technology Select Sector Daily Capped 35/20 Index. QDAY.NEO is actively managed, while XLK is passively managed. QDAY.NEO charges 0.85%/yr vs 0.08%/yr for XLK.

Performance

QDAY.NEO vs. XLK - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Hamilton EnhancedTechnology DayMAX™ ETF (QDAY.NEO) and State Street Technology Select Sector SPDR ETF (XLK). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

QDAY.NEO

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

XLK

• 1D: 2.40%
• 1M: 7.07%
• YTD: 30.38%
• 6M: 26.05%
• 1Y: 58.52%
• 3Y*: 33.20%
• 5Y*: 25.75%
• 10Y*: 26.18%

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

Return for Risk

QDAY.NEO vs. XLK — Risk / Return Rank

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

XLK

XLK Risk / Return Rank: 77
XLK Sharpe Ratio Rank: 86
XLK Sortino Ratio Rank: 76
XLK Omega Ratio Rank: 79
XLK Calmar Ratio Rank: 76
XLK Martin Ratio Rank: 69

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. XLK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hamilton EnhancedTechnology DayMAX™ ETF (QDAY.NEO) and State Street Technology Select Sector SPDR ETF (XLK). 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	XLK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.65	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.00	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.03	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.69	—

Drawdowns

Drawdown Indicators

	QDAY.NEO	XLK	Difference
Max Drawdown Largest peak-to-trough decline	—	-38.68%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-16.16%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-26.35%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.64%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-29.64%	—
Current Drawdown Current decline from peak	—	-6.41%	—
Average Drawdown Average peak-to-trough decline	—	-7.57%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.39%	—

Volatility

Volatility by Period

	QDAY.NEO	XLK	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.45%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.52%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	22.22%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	25.83%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	25.53%	—

QDAY.NEO vs. XLK - Expense Ratio Comparison

QDAY.NEO has a 0.85% expense ratio, which is higher than XLK's 0.08% expense ratio.

Dividends

QDAY.NEO vs. XLK - Dividend Comparison

QDAY.NEO has not paid dividends to shareholders, while XLK's dividend yield for the trailing twelve months is around 0.41%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XLK State Street Technology Select Sector SPDR ETF	0.41%	0.54%	0.66%	0.76%	1.04%	0.65%	0.92%	1.16%	1.60%	1.37%	1.74%	1.79%

Frequently Asked Questions

Which ETF is better, QDAY.NEO or XLK?

On fees, XLK is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QDAY.NEO or XLK?

XLK is cheaper with a 0.08% expense ratio, compared with 0.85% for QDAY.NEO.

What is the main difference between QDAY.NEO and XLK?

QDAY.NEO is categorized as Derivative Income, while XLK is Technology Equities. They also come from different issuers: Hamilton Capital and State Street. Their fees differ too: 0.85% for QDAY.NEO and 0.08% for XLK.