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QQCC.TO vs. BITI.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

QQCC.TO vs. BITI.TO

Last updated Jul 14, 2026
Documentation

QQCC.TO (Global X NASDAQ-100 Covered Call ETF) and BITI.TO (BetaPro Inverse Bitcoin ETF) are both exchange-traded funds - QQCC.TO is a Nasdaq-100 fund managed by Global X, while BITI.TO is a Leveraged Cryptocurrency fund actively managed by Global X. Over the past 5 years, QQCC.TO returned 0.18%/yr vs 1.92%/yr for BITI.TO. At a correlation of -0.26, they often move in opposite directions.

Performance

QQCC.TO vs. BITI.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X NASDAQ-100 Covered Call ETF (QQCC.TO) and BetaPro Inverse Bitcoin ETF (BITI.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, QQCC.TO achieves a 15.88% return, which is significantly lower than BITI.TO's 29.95% return.

QQCC.TO

1D
-1.66%
1M
0.54%
6M
12.51%
YTD
15.88%
1Y
28.79%
3Y*
21.89%
5Y*
0.18%
10Y*
0.83%

BITI.TO

1D
2.59%
1M
2.36%
6M
35.19%
YTD
29.95%
1Y
68.75%
3Y*
32.22%
5Y*
1.92%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

QQCC.TO vs. BITI.TO - Yearly Performance Comparison

2026 (YTD)20252024202320222021
QQCC.TO
Global X NASDAQ-100 Covered Call ETF		15.88%11.64%33.42%35.92%-55.98%-1.49%
BITI.TO
BetaPro Inverse Bitcoin ETF		29.95%-8.52%178.75%-67.62%80.23%-8.96%

Correlation

The correlation between QQCC.TO and BITI.TO is -0.40, 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

-0.40

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

-0.28

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

-0.27

Correlation (All Time)
Calculated using the full available price history since Apr 15, 2021

-0.26

The correlation between QQCC.TO and BITI.TO shifts across timeframes, from -0.40 (1 year) to -0.26 (all time), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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Global X NASDAQ-100 Covered Call ETF

BetaPro Inverse Bitcoin ETF

Often compared with QQCC.TO:
QQCC.TO vs. QQCL.TOQQCC.TO vs. QQC.TOQQCC.TO vs. QQQIQQCC.TO vs. QQQQQCC.TO vs. XQQ.TOQQCC.TO vs. NVDA.TOQQCC.TO vs. JEPQ.TO
Often compared with BITI.TO:
BITI.TO vs. CBIL.TOBITI.TO vs. CASH.TOBITI.TO vs. HXS.TOBITI.TO vs. USCL.TOBITI.TO vs. QQCL.TOBITI.TO vs. CHPS.TOBITI.TO vs. HSAV.TO

Return for Risk

QQCC.TO vs. BITI.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QQCC.TO
QQCC.TO Risk / Return Rank: 7777
Overall Rank
QQCC.TO Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
QQCC.TO Sortino Ratio Rank: 7171
Sortino Ratio Rank
QQCC.TO Omega Ratio Rank: 7474
Omega Ratio Rank
QQCC.TO Calmar Ratio Rank: 8383
Calmar Ratio Rank
QQCC.TO Martin Ratio Rank: 8181
Martin Ratio Rank
BITI.TO
BITI.TO Risk / Return Rank: 5555
Overall Rank
BITI.TO Sharpe Ratio Rank: 5757
Sharpe Ratio Rank
BITI.TO Sortino Ratio Rank: 5353
Sortino Ratio Rank
BITI.TO Omega Ratio Rank: 4848
Omega Ratio Rank
BITI.TO Calmar Ratio Rank: 6767
Calmar Ratio Rank
BITI.TO Martin Ratio Rank: 4949
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.

QQCC.TO vs. BITI.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X NASDAQ-100 Covered Call ETF (QQCC.TO) and BetaPro Inverse Bitcoin ETF (BITI.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.

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.

QQCC.TOBITI.TODifference
Sharpe ratioReturn per unit of total volatility
1.91
1.53

+0.38

Sortino ratioReturn per unit of downside risk
2.57
2.08

+0.49

Omega ratioGain probability vs. loss probability

1.35

1.25

+0.10

Calmar ratioReturn relative to maximum drawdown

3.55

2.66

+0.89

Martin ratioReturn relative to average drawdown

12.32

6.50

+5.82

QQCC.TO vs. BITI.TO - Sharpe Ratio Comparison

The current QQCC.TO Sharpe Ratio is 1.91, which is comparable to the BITI.TO Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of QQCC.TO and BITI.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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Drawdowns

QQCC.TO vs. BITI.TO - Drawdown Comparison

The maximum QQCC.TO drawdown since its inception was -67.77%, smaller than the maximum BITI.TO drawdown of -84.75%. Use the drawdown chart below to compare losses from any high point for QQCC.TO and BITI.TO.

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Drawdown Indicators

QQCC.TOBITI.TODifference

Max Drawdown

Largest peak-to-trough decline

-67.77%

-84.75%

+16.98%

Max Drawdown (1Y)

Largest decline over 1 year

-8.15%

-26.02%

+17.87%

Max Drawdown (3Y)

Largest decline over 3 years

-22.24%

-69.26%

+47.02%

Max Drawdown (5Y)

Largest decline over 5 years

-59.13%

-84.75%

+25.62%

Max Drawdown (10Y)

Largest decline over 10 years

-62.91%

—

—

Current Drawdown

Current decline from peak

-23.32%

-15.57%

-7.75%

Average Drawdown

Average peak-to-trough decline

-28.24%

-43.64%

+15.40%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.34%

10.61%

-8.27%

Volatility

QQCC.TO vs. BITI.TO - Volatility Comparison

The current volatility for Global X NASDAQ-100 Covered Call ETF (QQCC.TO) is 6.95%, while BetaPro Inverse Bitcoin ETF (BITI.TO) has a volatility of 11.51%. This indicates that QQCC.TO experiences smaller price fluctuations and is considered to be less risky than BITI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QQCC.TOBITI.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

6.95%

11.51%

-4.56%

Volatility (6M)

Calculated over the trailing 6-month period

12.83%

35.08%

-22.25%

Volatility (1Y)

Calculated over the trailing 1-year period

15.21%

45.38%

-30.17%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

28.46%

262.40%

-233.94%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.34%

256.76%

-233.42%

Dividends

QQCC.TO vs. BITI.TO - Dividend Comparison

QQCC.TO's dividend yield for the trailing twelve months is around 10.74%, while BITI.TO has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
BITI.TO
BetaPro Inverse Bitcoin ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QQCC.TO
Global X NASDAQ-100 Covered Call ETF		10.74%11.27%9.84%11.79%11.06%2.58%2.92%3.14%3.96%3.00%3.36%4.44%

Frequently Asked Questions

QQCC.TO and BITI.TO have a correlation of -0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

QQCC.TO is categorized as Nasdaq-100, while BITI.TO is Leveraged Cryptocurrency.

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