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QQC-F.TO vs. QQCC.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

QQC-F.TO vs. QQCC.TO

Last updated Jun 4, 2026

QQC-F.TO (Invesco NASDAQ 100 Index ETF CAD Hedged) and QQCC.TO (Global X NASDAQ-100 Covered Call ETF) are both Nasdaq-100 funds. Over the past 10 years, QQC-F.TO returned 20.30%/yr vs 10.87%/yr for QQCC.TO. A 0.54 correlation means they provide meaningful diversification when combined. QQC-F.TO charges 0.20%/yr vs 0.65%/yr for QQCC.TO.

Performance

QQC-F.TO vs. QQCC.TO - 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 Global X NASDAQ-100 Covered Call ETF (QQCC.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, QQC-F.TO achieves a 19.79% return, which is significantly higher than QQCC.TO's 16.94% return. Over the past 10 years, QQC-F.TO has outperformed QQCC.TO with an annualized return of 20.30%, while QQCC.TO has yielded a comparatively lower 10.87% annualized 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%

QQCC.TO

1D
0.69%
1M
10.18%
YTD
16.94%
6M
14.76%
1Y
35.05%
3Y*
23.56%
5Y*
15.67%
10Y*
10.87%
*Multi-year figures are annualized to reflect compound growth (CAGR)

QQC-F.TO vs. QQCC.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
QQC-F.TO
Invesco NASDAQ 100 Index ETF CAD Hedged		19.79%18.41%24.19%52.81%-33.42%27.15%45.04%37.63%-2.23%31.94%
QQCC.TO
Global X NASDAQ-100 Covered Call ETF		16.94%11.64%33.48%35.99%-8.51%7.92%-3.26%16.18%-15.89%18.77%

Correlation

The correlation between QQC-F.TO and QQCC.TO is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.82

Correlation (3Y)
Calculated over the trailing 3-year period

0.85

Correlation (5Y)
Calculated over the trailing 5-year period

0.69

Correlation (10Y)
Calculated over the trailing 10-year period

0.59

Correlation (All Time)
Calculated using the full available price history since Sep 16, 2011

0.54

Over the past year, QQC-F.TO and QQCC.TO have become more correlated (0.82) than their long-term average of 0.54, meaning their price movements have been converging.

QQC-F.TO vs. QQCC.TO - Sectors Allocation Comparison

Sectors
QQC-F.TO
QQCC.TO

Technology

53.8%
50.5%

Communication Services

15.8%
16.1%

Consumer Cyclical

12.3%
12.6%

Consumer Defensive

7.7%
8.6%

Healthcare

4.2%
5.1%

Industrials

2.8%
3.3%

Utilities

1.4%
1.5%

Basic Materials

1.1%
1.3%

Energy

0.6%
0.7%

Financial Services

0.2%
0.2%

Real Estate

0.1%
0.1%

Technology

QQC-F.TO
53.8%
QQCC.TO
50.5%

Communication Services

QQC-F.TO
15.8%
QQCC.TO
16.1%

Consumer Cyclical

QQC-F.TO
12.3%
QQCC.TO
12.6%

Consumer Defensive

QQC-F.TO
7.7%
QQCC.TO
8.6%

Healthcare

QQC-F.TO
4.2%
QQCC.TO
5.1%

Industrials

QQC-F.TO
2.8%
QQCC.TO
3.3%

Utilities

QQC-F.TO
1.4%
QQCC.TO
1.5%

Basic Materials

QQC-F.TO
1.1%
QQCC.TO
1.3%

Energy

QQC-F.TO
0.6%
QQCC.TO
0.7%

Financial Services

QQC-F.TO
0.2%
QQCC.TO
0.2%

Real Estate

QQC-F.TO
0.1%
QQCC.TO
0.1%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco NASDAQ 100 Index ETF CAD Hedged

Global X NASDAQ-100 Covered Call ETF

Often compared with QQC-F.TO:
QQC-F.TO vs. QQC.TOQQC-F.TO vs. XEQT.TOQQC-F.TO vs. QQQQQC-F.TO vs. HXQ.TOQQC-F.TO vs. QQQMQQC-F.TO vs. XQQ.TOQQC-F.TO vs. VFV.TO
Often compared with QQCC.TO:
QQCC.TO vs. QQCL.TOQQCC.TO vs. QQC.TOQQCC.TO vs. QQQIQQCC.TO vs. QQQQQCC.TO vs. NVDA.TOQQCC.TO vs. XQQ.TOQQCC.TO vs. JEPQ.TO

Return for Risk

QQC-F.TO vs. QQCC.TO — 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: 6666
Overall Rank
QQC-F.TO Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
QQC-F.TO Sortino Ratio Rank: 6969
Sortino Ratio Rank
QQC-F.TO Omega Ratio Rank: 6868
Omega Ratio Rank
QQC-F.TO Calmar Ratio Rank: 5858
Calmar Ratio Rank
QQC-F.TO Martin Ratio Rank: 6060
Martin Ratio Rank
QQCC.TO
QQCC.TO Risk / Return Rank: 8282
Overall Rank
QQCC.TO Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
QQCC.TO Sortino Ratio Rank: 8282
Sortino Ratio Rank
QQCC.TO Omega Ratio Rank: 8282
Omega Ratio Rank
QQCC.TO Calmar Ratio Rank: 8181
Calmar Ratio Rank
QQCC.TO Martin Ratio Rank: 8080
Martin Ratio Rank
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. QQCC.TO - 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 Global X NASDAQ-100 Covered Call ETF (QQCC.TO). 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.TOQQCC.TODifference
Sharpe ratioReturn per unit of total volatility
2.43
2.76

-0.33

Sortino ratioReturn per unit of downside risk
3.23
3.72

-0.48

Omega ratioGain probability vs. loss probability

1.42

1.50

-0.08

Calmar ratioReturn relative to maximum drawdown

2.93

4.32

-1.39

Martin ratioReturn relative to average drawdown

10.91

16.04

-5.14

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QQC-F.TO vs. QQCC.TO - Sharpe Ratio Comparison

The current QQC-F.TO Sharpe Ratio is 2.43, which is comparable to the QQCC.TO Sharpe Ratio of 2.76. The chart below compares the historical Sharpe Ratios of QQC-F.TO and QQCC.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

QQC-F.TOQQCC.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.43

2.76

-0.33

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.73

0.90

-0.17

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.91

0.63

+0.27

Sharpe Ratio (All Time)

Calculated using the full available price history

0.92

0.00

+0.92

Drawdowns

QQC-F.TO vs. QQCC.TO - Drawdown Comparison

The maximum QQC-F.TO drawdown since its inception was -36.03%, roughly equal to the maximum QQCC.TO drawdown of -36.70%. Use the drawdown chart below to compare losses from any high point for QQC-F.TO and QQCC.TO.

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Drawdown Indicators

QQC-F.TOQQCC.TODifference

Max Drawdown

Largest peak-to-trough decline

-36.03%

-36.70%

+0.67%

Max Drawdown (1Y)

Largest decline over 1 year

-13.16%

-8.15%

-5.01%

Max Drawdown (3Y)

Largest decline over 3 years

-22.76%

-22.24%

-0.52%

Max Drawdown (5Y)

Largest decline over 5 years

-36.03%

-22.24%

-13.79%

Max Drawdown (10Y)

Largest decline over 10 years

-36.03%

-36.70%

+0.67%

Current Drawdown

Current decline from peak

-0.22%

0.00%

-0.22%

Average Drawdown

Average peak-to-trough decline

-5.50%

-8.37%

+2.87%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.53%

2.19%

+1.34%

Volatility

QQC-F.TO vs. QQCC.TO - Volatility Comparison

Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO) has a higher volatility of 4.49% compared to Global X NASDAQ-100 Covered Call ETF (QQCC.TO) at 3.75%. This indicates that QQC-F.TO's price experiences larger fluctuations and is considered to be riskier than QQCC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QQC-F.TOQQCC.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.49%

3.75%

+0.74%

Volatility (6M)

Calculated over the trailing 6-month period

12.08%

10.03%

+2.05%

Volatility (1Y)

Calculated over the trailing 1-year period

15.89%

12.78%

+3.11%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.45%

17.58%

+4.87%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.54%

17.29%

+5.25%

QQC-F.TO vs. QQCC.TO - Expense Ratio Comparison

QQC-F.TO has a 0.20% expense ratio, which is lower than QQCC.TO's 0.65% expense ratio.

Dividends

QQC-F.TO vs. QQCC.TO - Dividend Comparison

QQC-F.TO has not paid dividends to shareholders, while QQCC.TO's dividend yield for the trailing twelve months is around 10.48%.

PositionTTM20252024202320222021202020192018201720162015
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%
QQCC.TO
Global X NASDAQ-100 Covered Call ETF		10.48%11.27%9.89%11.85%11.04%5.15%5.84%6.31%7.90%6.01%6.73%8.89%

Frequently Asked Questions

QQC-F.TO and QQCC.TO have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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.

QQC-F.TO is cheaper with a 0.20% expense ratio, compared with 0.65% for QQCC.TO.

They also come from different issuers: Invesco and Global X. Their fees differ too: 0.20% for QQC-F.TO and 0.65% for QQCC.TO.

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