QLDY vs. EINC
QLDY (Defiance Nasdaq 100 LightningSpread Income ETF) and EINC (VanEck Energy Income ETF) are both exchange-traded funds - QLDY is a Nasdaq-100 fund actively managed by Defiance, while EINC is a Energy Equities fund tracking the MVIS North America Energy Infrastructure Index. QLDY is actively managed, while EINC is passively managed. At a correlation of -0.20, they often move in opposite directions. QLDY charges 1.04%/yr vs 0.45%/yr for EINC.
Performance
QLDY vs. EINC - Performance Comparison
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Returns By Period
In the year-to-date period, QLDY achieves a 12.52% return, which is significantly lower than EINC's 25.97% return.
QLDY
- 1D
- -3.02%
- 1M
- -1.79%
- YTD
- 12.52%
- 6M
- 10.50%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EINC
- 1D
- 1.37%
- 1M
- -4.50%
- YTD
- 25.97%
- 6M
- 25.98%
- 1Y
- 29.82%
- 3Y*
- 30.36%
- 5Y*
- 21.18%
- 10Y*
- 12.03%
QLDY vs. EINC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QLDY Defiance Nasdaq 100 LightningSpread Income ETF | 12.52% | 1.54% |
EINC VanEck Energy Income ETF | 25.97% | 0.65% |
Correlation
The correlation between QLDY and EINC is -0.20, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 18, 2025 | -0.20 |
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Return for Risk
QLDY vs. EINC — Risk / Return Rank
QLDY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EINC
QLDY vs. EINC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Nasdaq 100 LightningSpread Income ETF (QLDY) and VanEck Energy Income ETF (EINC). 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.
| QLDY | EINC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.35 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.80 | — |
| Martin ratioReturn relative to average drawdown | — | 9.63 | — |
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Drawdowns
QLDY vs. EINC - Drawdown Comparison
The maximum QLDY drawdown since its inception was -17.44%, smaller than the maximum EINC drawdown of -87.55%. Use the drawdown chart below to compare losses from any high point for QLDY and EINC.
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Drawdown Indicators
| QLDY | EINC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.44% | -87.55% | +70.11% |
Max Drawdown (1Y)Largest decline over 1 year | — | -7.89% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -16.01% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.87% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -68.85% | — |
Current DrawdownCurrent decline from peak | -5.63% | -4.50% | -1.13% |
Average DrawdownAverage peak-to-trough decline | -4.23% | -44.15% | +39.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.10% | — |
Volatility
QLDY vs. EINC - Volatility Comparison
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Volatility by Period
| QLDY | EINC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.51% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 11.88% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 21.34% | 15.10% | +6.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.34% | 19.54% | +1.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.34% | 25.43% | -4.09% |
QLDY vs. EINC - Expense Ratio Comparison
QLDY has a 1.04% expense ratio, which is higher than EINC's 0.45% expense ratio.
Dividends
QLDY vs. EINC - Dividend Comparison
QLDY's dividend yield for the trailing twelve months is around 24.21%, more than EINC's 3.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EINC VanEck Energy Income ETF | 3.51% | 4.51% | 3.33% | 3.77% | 2.89% | 6.03% | 6.69% | 9.66% | 11.31% | 8.53% | 9.71% | 28.53% |
QLDY Defiance Nasdaq 100 LightningSpread Income ETF | 24.21% | 9.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QLDY and EINC have a correlation of -0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EINC is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EINC is cheaper with a 0.45% expense ratio, compared with 1.04% for QLDY.
QLDY has the higher dividend yield at 24.21%, compared with 3.51% for EINC.
QLDY is categorized as Nasdaq-100, while EINC is Energy Equities. They also come from different issuers: Defiance and VanEck. Their fees differ too: 1.04% for QLDY and 0.45% for EINC.
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