QNDX vs. QCLR

Last updated Aug 6, 2026

QNDX (SPDR Portfolio Nasdaq 100 ETF) and QCLR (Global X NASDAQ 100 Collar 95-110 ETF) are both Nasdaq-100 funds - QNDX tracks the Nasdaq-100 Index while QCLR tracks the NASDAQ-100 Quarterly Collar 95-110 Index. Both are passively managed. Their correlation of 0.83 means they have usually moved in the same direction. QNDX charges 0.10%/yr vs 0.60%/yr for QCLR.

Performance

QNDX vs. QCLR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Portfolio Nasdaq 100 ETF (QNDX) and Global X NASDAQ 100 Collar 95-110 ETF (QCLR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QNDX

• 1D: -0.86%
• 1M: -0.69%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

QCLR

• 1D: -0.47%
• 1M: -1.19%
• 6M: 0.28%
• YTD: -0.63%
• 1Y: 4.52%
• 3Y*: 12.86%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 7.39%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
QCLR Global X NASDAQ 100 Collar 95-110 ETF	$6.55K	$8.47K	$56.93K
QNDX SPDR Portfolio Nasdaq 100 ETF	$14.09M	$14.07M	$12.53M

QNDX vs. QCLR - Yearly Performance Comparison

	2026 (YTD)
QNDX SPDR Portfolio Nasdaq 100 ETF	0.41%
QCLR Global X NASDAQ 100 Collar 95-110 ETF	-0.84%

Correlation

The correlation between QNDX and QCLR is 0.83, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 24, 2026	0.83

Return for Risk

QNDX vs. QCLR — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

QNDX

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

QCLR

QCLR Risk / Return Rank: 18
QCLR Sharpe Ratio Rank: 19
QCLR Sortino Ratio Rank: 18
QCLR Omega Ratio Rank: 18
QCLR Calmar Ratio Rank: 17
QCLR Martin Ratio Rank: 20

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

QNDX vs. QCLR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio Nasdaq 100 ETF (QNDX) and Global X NASDAQ 100 Collar 95-110 ETF (QCLR). 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.

	QNDX	QCLR	Difference
Sharpe ratio: Return per unit of total volatility	—	0.44	—
Sortino ratio: Return per unit of downside risk	—	0.67	—
Omega ratio: Gain probability vs. loss probability	—	1.09	—
Calmar ratio: Return relative to maximum drawdown	—	0.44	—
Martin ratio: Return relative to average drawdown	—	1.48	—

Drawdowns

QNDX vs. QCLR - Drawdown Comparison

The maximum QNDX drawdown since its inception was -10.10%, smaller than the maximum QCLR drawdown of -21.77%. Use the drawdown chart below to compare losses from any high point for QNDX and QCLR.

Drawdown Indicators

	QNDX	QCLR	Difference
Max Drawdown Largest peak-to-trough decline	-10.10%	-21.77%	+11.67%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.22%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.58%	—
Current Drawdown Current decline from peak	-2.57%	-2.87%	+0.30%
Average Drawdown Average peak-to-trough decline	-3.71%	-6.06%	+2.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.06%	—

Volatility

Volatility by Period

	QNDX	QCLR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.52%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.18%	—
Volatility (1Y) Calculated over the trailing 1-year period	24.98%	10.26%	+14.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.98%	12.37%	+12.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.98%	12.37%	+12.61%

QNDX vs. QCLR - Expense Ratio Comparison

QNDX has a 0.10% expense ratio, which is lower than QCLR's 0.60% expense ratio.

Dividends

QNDX vs. QCLR - Dividend Comparison

QNDX has not paid dividends to shareholders, while QCLR's dividend yield for the trailing twelve months is around 15.03%.

Position	TTM	2025	2024	2023	2022	2021
QCLR Global X NASDAQ 100 Collar 95-110 ETF	15.03%	14.89%	8.89%	0.47%	0.27%	1.64%
QNDX SPDR Portfolio Nasdaq 100 ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QNDX and QCLR in my portfolio?

QNDX and QCLR have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QNDX or QCLR?

On fees, QNDX is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QNDX or QCLR?

QNDX is cheaper with a 0.10% expense ratio, compared with 0.60% for QCLR.

Which ETF pays a higher dividend yield, QNDX or QCLR?

QCLR has the higher dividend yield at 15.03%, compared with 0.00% for QNDX.

What is the main difference between QNDX and QCLR?

QNDX tracks Nasdaq-100 Index, while QCLR tracks NASDAQ-100 Quarterly Collar 95-110 Index. They also come from different issuers: State Street and Global X. Their fees differ too: 0.10% for QNDX and 0.60% for QCLR.