QMFE vs. COMT
QMFE (FT Vest Nasdaq-100 Moderate Buffer ETF - February) and COMT (iShares Commodities Select Strategy ETF) are both exchange-traded funds - QMFE is a Defined Outcome fund tracking the Invesco QQQ Trust (QQQ) Price Return, while COMT is a Commodities fund actively managed by iShares. QMFE is passively managed, while COMT is actively managed. Over the past year, QMFE returned 20.18% vs 47.51% for COMT. At a correlation of -0.06, they often move in opposite directions. QMFE charges 0.90%/yr vs 0.48%/yr for COMT.
Performance
QMFE vs. COMT - Performance Comparison
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Returns By Period
In the year-to-date period, QMFE achieves a 9.21% return, which is significantly lower than COMT's 39.67% return.
QMFE
- 1D
- -0.19%
- 1M
- 2.40%
- YTD
- 9.21%
- 6M
- 9.98%
- 1Y
- 20.18%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
COMT
- 1D
- 0.78%
- 1M
- -4.35%
- YTD
- 39.67%
- 6M
- 39.06%
- 1Y
- 47.51%
- 3Y*
- 16.86%
- 5Y*
- 13.50%
- 10Y*
- 9.09%
QMFE vs. COMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QMFE FT Vest Nasdaq-100 Moderate Buffer ETF - February | 9.21% | 11.58% |
COMT iShares Commodities Select Strategy ETF | 39.67% | 2.16% |
Correlation
The correlation between QMFE and COMT is -0.23, 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 (1Y) Calculated over the trailing 1-year period | -0.23 |
Correlation (All Time) Calculated using the full available price history since Feb 25, 2025 | -0.06 |
The correlation between QMFE and COMT shifts across timeframes, from -0.23 (1 year) to -0.06 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
QMFE vs. COMT — Risk / Return Rank
QMFE
COMT
QMFE vs. COMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Vest Nasdaq-100 Moderate Buffer ETF - February (QMFE) and iShares Commodities Select Strategy ETF (COMT). 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.
| QMFE | COMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.70 | ||
| Sortino ratioReturn per unit of downside risk | +1.43 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 1.40 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 4.21 | 5.95 | -1.74 |
| Martin ratioReturn relative to average drawdown | 24.22 | 14.11 | +10.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| QMFE | COMT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.94 | 2.24 | +0.70 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.64 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.48 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.44 | 0.20 | +1.24 |
Drawdowns
QMFE vs. COMT - Drawdown Comparison
The maximum QMFE drawdown since its inception was -11.76%, smaller than the maximum COMT drawdown of -51.89%. Use the drawdown chart below to compare losses from any high point for QMFE and COMT.
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Drawdown Indicators
| QMFE | COMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.76% | -51.89% | +40.13% |
Max Drawdown (1Y)Largest decline over 1 year | -4.81% | -8.02% | +3.21% |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.31% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.00% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.22% | — |
Current DrawdownCurrent decline from peak | -0.20% | -4.82% | +4.62% |
Average DrawdownAverage peak-to-trough decline | -1.09% | -24.07% | +22.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.84% | 3.38% | -2.54% |
Volatility
QMFE vs. COMT - Volatility Comparison
The current volatility for FT Vest Nasdaq-100 Moderate Buffer ETF - February (QMFE) is 1.03%, while iShares Commodities Select Strategy ETF (COMT) has a volatility of 7.37%. This indicates that QMFE experiences smaller price fluctuations and is considered to be less risky than COMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QMFE | COMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.03% | 7.37% | -6.34% |
Volatility (6M)Calculated over the trailing 6-month period | 5.53% | 18.80% | -13.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.90% | 21.29% | -14.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.68% | 21.06% | -9.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.68% | 18.89% | -7.21% |
QMFE vs. COMT - Expense Ratio Comparison
QMFE has a 0.90% expense ratio, which is higher than COMT's 0.48% expense ratio.
Dividends
QMFE vs. COMT - Dividend Comparison
QMFE has not paid dividends to shareholders, while COMT's dividend yield for the trailing twelve months is around 5.54%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMT iShares Commodities Select Strategy ETF | 5.54% | 7.74% | 4.90% | 5.19% | 29.79% | 17.79% | 0.36% | 2.61% | 11.65% | 5.16% | 0.52% | 1.44% |
QMFE FT Vest Nasdaq-100 Moderate Buffer ETF - February | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QMFE and COMT have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COMT has higher volatility (7.37%) compared to QMFE (1.03%). In terms of maximum drawdown, QMFE dropped -11.76% vs COMT's -51.89%.
On 1-year performance, COMT leads with 47.51% vs 20.18% for QMFE. On fees, COMT is cheaper at 0.48% per year. On volatility, QMFE has been the lower-risk option at 1.03%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, COMT has performed better with a 47.51% return vs 20.18%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
COMT is cheaper with a 0.48% expense ratio, compared with 0.90% for QMFE.
COMT has the higher dividend yield at 5.54%, compared with 0.00% for QMFE.
QMFE is categorized as Defined Outcome, while COMT is Commodities. They also come from different issuers: First Trust and iShares. Their fees differ too: 0.90% for QMFE and 0.48% for COMT.
QMFE currently has the higher Sharpe Ratio (2.94 vs 2.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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