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QQCC.TO vs. FINN.NEO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

QQCC.TO vs. FINN.NEO - 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 Fidelity Global Innovators ETF (FINN.NEO). 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 16.94% return, which is significantly lower than FINN.NEO's 42.01% return.


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%

FINN.NEO

1D
-0.75%
1M
13.10%
YTD
42.01%
6M
41.28%
1Y
74.64%
3Y*
46.00%
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

QQCC.TO vs. FINN.NEO - Yearly Performance Comparison


2026 (YTD)202520242023
QQCC.TO
Global X NASDAQ-100 Covered Call ETF
16.94%11.64%33.48%9.81%
FINN.NEO
Fidelity Global Innovators ETF
42.01%20.61%58.65%17.86%

Correlation

The correlation between QQCC.TO and FINN.NEO is 0.80, 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

0.80

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

0.81

Correlation (All Time)
Calculated using the full available price history since May 26, 2023

0.81

The correlation between QQCC.TO and FINN.NEO has been stable across timeframes, ranging from 0.80 to 0.81 - a consistent structural relationship.

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Return for Risk

QQCC.TO vs. FINN.NEO — 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: 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

FINN.NEO
FINN.NEO Risk / Return Rank: 8989
Overall Rank
FINN.NEO Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
FINN.NEO Sortino Ratio Rank: 8888
Sortino Ratio Rank
FINN.NEO Omega Ratio Rank: 8585
Omega Ratio Rank
FINN.NEO Calmar Ratio Rank: 9292
Calmar Ratio Rank
FINN.NEO Martin Ratio Rank: 9090
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. FINN.NEO - 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 Fidelity Global Innovators ETF (FINN.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.


QQCC.TOFINN.NEODifference
Sharpe ratioReturn per unit of total volatility

-0.60

Sortino ratioReturn per unit of downside risk

-0.34

Omega ratioGain probability vs. loss probability

1.50

1.53

-0.03

Calmar ratioReturn relative to maximum drawdown

4.32

6.28

-1.96

Martin ratioReturn relative to average drawdown

16.04

20.93

-4.89

QQCC.TO vs. FINN.NEO - Sharpe Ratio Comparison

The current QQCC.TO Sharpe Ratio is 2.76, which is comparable to the FINN.NEO Sharpe Ratio of 3.36. The chart below compares the historical Sharpe Ratios of QQCC.TO and FINN.NEO, 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


QQCC.TOFINN.NEODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.76

3.36

-0.60

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.90

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.63

Sharpe Ratio (All Time)

Calculated using the full available price history

0.00

2.12

-2.12

Drawdowns

QQCC.TO vs. FINN.NEO - Drawdown Comparison

The maximum QQCC.TO drawdown since its inception was -36.70%, which is greater than FINN.NEO's maximum drawdown of -25.66%. Use the drawdown chart below to compare losses from any high point for QQCC.TO and FINN.NEO.


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Drawdown Indicators


QQCC.TOFINN.NEODifference

Max Drawdown

Largest peak-to-trough decline

-36.70%

-25.66%

-11.04%

Max Drawdown (1Y)

Largest decline over 1 year

-8.15%

-11.94%

+3.79%

Max Drawdown (3Y)

Largest decline over 3 years

-22.24%

-25.66%

+3.42%

Max Drawdown (5Y)

Largest decline over 5 years

-22.24%

Max Drawdown (10Y)

Largest decline over 10 years

-36.70%

Current Drawdown

Current decline from peak

0.00%

-0.75%

+0.75%

Average Drawdown

Average peak-to-trough decline

-8.37%

-4.02%

-4.35%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.19%

3.58%

-1.39%

Volatility

QQCC.TO vs. FINN.NEO - Volatility Comparison

The current volatility for Global X NASDAQ-100 Covered Call ETF (QQCC.TO) is 3.75%, while Fidelity Global Innovators ETF (FINN.NEO) has a volatility of 7.79%. This indicates that QQCC.TO experiences smaller price fluctuations and is considered to be less risky than FINN.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


QQCC.TOFINN.NEODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.75%

7.79%

-4.04%

Volatility (6M)

Calculated over the trailing 6-month period

10.03%

17.72%

-7.69%

Volatility (1Y)

Calculated over the trailing 1-year period

12.78%

22.38%

-9.60%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.58%

22.28%

-4.70%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.29%

22.28%

-4.99%

QQCC.TO vs. FINN.NEO - Expense Ratio Comparison

QQCC.TO has a 0.65% expense ratio, which is lower than FINN.NEO's 1.13% expense ratio.


Dividends

QQCC.TO vs. FINN.NEO - Dividend Comparison

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


PositionTTM20252024202320222021202020192018201720162015
FINN.NEO
Fidelity Global Innovators 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
10.48%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


QQCC.TO and FINN.NEO have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, QQCC.TO is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

QQCC.TO is cheaper with a 0.65% expense ratio, compared with 1.13% for FINN.NEO.

QQCC.TO is categorized as Nasdaq-100, while FINN.NEO is Technology Equities. They also come from different issuers: Global X and Fidelity. Their fees differ too: 0.65% for QQCC.TO and 1.13% for FINN.NEO.

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