QNDX vs. QDIV
QNDX (SPDR Portfolio Nasdaq 100 ETF) and QDIV (Global X S&P 500 Quality Dividend ETF) are both exchange-traded funds - QNDX is a Nasdaq-100 fund tracking the Nasdaq-100 Index, while QDIV is a Quality Factor fund tracking the S&P 500 Quality High Dividend Index. Both are passively managed. Their -0.44 correlation means they have often moved in opposite directions in the past. QNDX charges 0.10%/yr vs 0.20%/yr for QDIV.
Performance
QNDX vs. QDIV - Performance Comparison
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Returns By Period
QNDX
- 1D
- -0.86%
- 1M
- -0.69%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
QDIV
- 1D
- -0.45%
- 1M
- 5.69%
- 6M
- 6.42%
- YTD
- 17.33%
- 1Y
- 21.32%
- 3Y*
- 10.80%
- 5Y*
- 8.50%
- 10Y*
- —
- ALL TIME*
- 9.31%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $42.16K | $79.98K | $129.60K | |
| $14.09M | $14.07M | $12.53M |
QNDX vs. QDIV - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
QNDX SPDR Portfolio Nasdaq 100 ETF | 0.41% |
QDIV Global X S&P 500 Quality Dividend ETF | 8.64% |
Correlation
The correlation between QNDX and QDIV is -0.44, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 24, 2026 | -0.44 |
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Return for Risk
QNDX vs. QDIV — Risk / Return Rank
QNDX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QDIV
QNDX vs. QDIV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio Nasdaq 100 ETF (QNDX) and Global X S&P 500 Quality Dividend ETF (QDIV). 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 | QDIV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.31 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.69 | — |
| Martin ratioReturn relative to average drawdown | — | 6.85 | — |
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Drawdowns
QNDX vs. QDIV - Drawdown Comparison
The maximum QNDX drawdown since its inception was -10.10%, smaller than the maximum QDIV drawdown of -41.20%. Use the drawdown chart below to compare losses from any high point for QNDX and QDIV.
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Drawdown Indicators
| QNDX | QDIV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.10% | -41.20% | +31.10% |
Max Drawdown (1Y)Largest decline over 1 year | — | -7.97% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -16.81% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.52% | — |
Current DrawdownCurrent decline from peak | -2.57% | -0.45% | -2.12% |
Average DrawdownAverage peak-to-trough decline | -3.71% | -5.47% | +1.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.12% | — |
Volatility
QNDX vs. QDIV - Volatility Comparison
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Volatility by Period
| QNDX | QDIV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.86% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.14% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 24.98% | 12.32% | +12.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.98% | 15.31% | +9.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.98% | 19.34% | +5.64% |
QNDX vs. QDIV - Expense Ratio Comparison
QNDX has a 0.10% expense ratio, which is lower than QDIV's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
QNDX vs. QDIV - Dividend Comparison
QNDX has not paid dividends to shareholders, while QDIV's dividend yield for the trailing twelve months is around 2.77%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
QDIV Global X S&P 500 Quality Dividend ETF | 2.77% | 3.13% | 2.88% | 3.26% | 3.02% | 2.44% | 3.06% | 2.84% | 1.30% |
QNDX SPDR Portfolio Nasdaq 100 ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QNDX and QDIV have a correlation of -0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
QNDX is cheaper with a 0.10% expense ratio, compared with 0.20% for QDIV.
QDIV has the higher dividend yield at 2.77%, compared with 0.00% for QNDX.
QNDX is categorized as Nasdaq-100, while QDIV is Quality Factor. QNDX tracks Nasdaq-100 Index, while QDIV tracks S&P 500 Quality High Dividend Index. They also come from different issuers: State Street and Global X. Their fees differ too: 0.10% for QNDX and 0.20% for QDIV.
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