QQC-F.TO vs. QDAY.NEO

Last updated Jun 4, 2026

QQC-F.TO (Invesco NASDAQ 100 Index ETF CAD Hedged) and QDAY.NEO (Hamilton EnhancedTechnology DayMAX™ ETF) are both exchange-traded funds - QQC-F.TO is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while QDAY.NEO is a Derivative Income fund actively managed by Hamilton Capital. QQC-F.TO is passively managed, while QDAY.NEO is actively managed. Their correlation of 0.87 suggests significant overlap in exposure. QQC-F.TO charges 0.20%/yr vs 0.85%/yr for QDAY.NEO.

Performance

QQC-F.TO vs. QDAY.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO) and Hamilton EnhancedTechnology DayMAX™ ETF (QDAY.NEO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QQC-F.TO achieves a 19.79% return, which is significantly lower than QDAY.NEO's 31.76% return.

QQC-F.TO

• 1D: -0.22%
• 1M: 10.71%
• YTD: 19.79%
• 6M: 17.83%
• 1Y: 38.43%
• 3Y*: 26.56%
• 5Y*: 16.33%
• 10Y*: 20.30%

QDAY.NEO

• 1D: 0.41%
• 1M: 18.94%
• YTD: 31.76%
• 6M: 28.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QQC-F.TO vs. QDAY.NEO - Yearly Performance Comparison

	2026 (YTD)	2025
QQC-F.TO Invesco NASDAQ 100 Index ETF CAD Hedged	19.79%	9.90%
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF	31.76%	14.84%

Correlation

The correlation between QQC-F.TO and QDAY.NEO is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025	0.87

Return for Risk

QQC-F.TO vs. QDAY.NEO — Risk / Return Rank

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

QQC-F.TO

QQC-F.TO Risk / Return Rank: 66
QQC-F.TO Sharpe Ratio Rank: 73
QQC-F.TO Sortino Ratio Rank: 69
QQC-F.TO Omega Ratio Rank: 68
QQC-F.TO Calmar Ratio Rank: 58
QQC-F.TO Martin Ratio Rank: 60

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.

QQC-F.TO vs. QDAY.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO) and Hamilton EnhancedTechnology DayMAX™ ETF (QDAY.NEO). 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.

	QQC-F.TO	QDAY.NEO	Difference
Sharpe ratio: Return per unit of total volatility	2.43	—	—
Sortino ratio: Return per unit of downside risk	3.23	—	—
Omega ratio: Gain probability vs. loss probability	1.42	—	—
Calmar ratio: Return relative to maximum drawdown	2.93	—	—
Martin ratio: Return relative to average drawdown	10.91	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	QQC-F.TO	QDAY.NEO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.43	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.91	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.92	2.63	-1.71

Drawdowns

QQC-F.TO vs. QDAY.NEO - Drawdown Comparison

The maximum QQC-F.TO drawdown since its inception was -36.03%, which is greater than QDAY.NEO's maximum drawdown of -19.44%. Use the drawdown chart below to compare losses from any high point for QQC-F.TO and QDAY.NEO.

Drawdown Indicators

	QQC-F.TO	QDAY.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-36.03%	-19.44%	-16.59%
Max Drawdown (1Y) Largest decline over 1 year	-13.16%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-22.76%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-36.03%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.03%	—	—
Current Drawdown Current decline from peak	-0.22%	0.00%	-0.22%
Average Drawdown Average peak-to-trough decline	-5.50%	-5.23%	-0.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.53%	—	—

Volatility

Volatility by Period

	QQC-F.TO	QDAY.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.49%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.08%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.89%	22.72%	-6.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.45%	22.72%	-0.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.54%	22.72%	-0.18%

QQC-F.TO vs. QDAY.NEO - Expense Ratio Comparison

QQC-F.TO has a 0.20% expense ratio, which is lower than QDAY.NEO's 0.85% expense ratio.

Dividends

QQC-F.TO vs. QDAY.NEO - Dividend Comparison

QQC-F.TO has not paid dividends to shareholders, while QDAY.NEO's dividend yield for the trailing twelve months is around 13.90%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF	13.90%	8.78%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QQC-F.TO Invesco NASDAQ 100 Index ETF CAD Hedged	0.00%	0.09%	0.50%	0.57%	0.89%	0.66%	0.49%	0.64%	0.77%	0.66%	0.81%	0.76%

Frequently Asked Questions

Can I hold both QQC-F.TO and QDAY.NEO in my portfolio?

QQC-F.TO and QDAY.NEO have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QQC-F.TO or QDAY.NEO?

On fees, QQC-F.TO is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QQC-F.TO or QDAY.NEO?

QQC-F.TO is cheaper with a 0.20% expense ratio, compared with 0.85% for QDAY.NEO.

What is the main difference between QQC-F.TO and QDAY.NEO?

QQC-F.TO is categorized as Nasdaq-100, while QDAY.NEO is Derivative Income. They also come from different issuers: Invesco and Hamilton Capital. Their fees differ too: 0.20% for QQC-F.TO and 0.85% for QDAY.NEO.