QQCC.TO vs. QDAY.NEO

Last updated Jun 4, 2026

QQCC.TO (Global X NASDAQ-100 Covered Call ETF) and QDAY.NEO (Hamilton EnhancedTechnology DayMAX™ ETF) are both exchange-traded funds - QQCC.TO is a Nasdaq-100 fund managed by Global X, while QDAY.NEO is a Derivative Income fund actively managed by Hamilton Capital. Their correlation of 0.86 suggests significant overlap in exposure. QQCC.TO charges 0.65%/yr vs 0.85%/yr for QDAY.NEO.

Performance

QQCC.TO vs. QDAY.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 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, QQCC.TO achieves a 16.94% return, which is significantly lower than QDAY.NEO's 31.76% 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%

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)

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

	2026 (YTD)	2025
QQCC.TO Global X NASDAQ-100 Covered Call ETF	16.94%	10.79%
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF	31.76%	14.84%

Correlation

The correlation between QQCC.TO and QDAY.NEO is 0.86, 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	0.86

Return for Risk

QQCC.TO vs. QDAY.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: 82
QQCC.TO Sharpe Ratio Rank: 83
QQCC.TO Sortino Ratio Rank: 82
QQCC.TO Omega Ratio Rank: 82
QQCC.TO Calmar Ratio Rank: 81
QQCC.TO Martin Ratio Rank: 80

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. QDAY.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 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.

	QQCC.TO	QDAY.NEO	Difference
Sharpe ratio: Return per unit of total volatility	2.76	—	—
Sortino ratio: Return per unit of downside risk	3.72	—	—
Omega ratio: Gain probability vs. loss probability	1.50	—	—
Calmar ratio: Return relative to maximum drawdown	4.32	—	—
Martin ratio: Return relative to average drawdown	16.04	—	—
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

	QQCC.TO	QDAY.NEO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.76	—	—
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	2.63	-2.63

Drawdowns

QQCC.TO vs. QDAY.NEO - Drawdown Comparison

The maximum QQCC.TO drawdown since its inception was -36.70%, 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 QQCC.TO and QDAY.NEO.

Drawdown Indicators

	QQCC.TO	QDAY.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-36.70%	-19.44%	-17.26%
Max Drawdown (1Y) Largest decline over 1 year	-8.15%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-22.24%	—	—
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%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-8.37%	-5.23%	-3.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.19%	—	—

Volatility

Volatility by Period

	QQCC.TO	QDAY.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.75%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.03%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.78%	22.72%	-9.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.58%	22.72%	-5.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.29%	22.72%	-5.43%

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

QQCC.TO has a 0.65% expense ratio, which is lower than QDAY.NEO's 0.85% expense ratio.

Dividends

QQCC.TO vs. QDAY.NEO - Dividend Comparison

QQCC.TO's dividend yield for the trailing twelve months is around 10.48%, less than QDAY.NEO's 13.90% yield.

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%
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

Can I hold both QQCC.TO and QDAY.NEO in my portfolio?

QQCC.TO and QDAY.NEO have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QQCC.TO or QDAY.NEO?

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.

Which ETF is cheaper, QQCC.TO or QDAY.NEO?

QQCC.TO is cheaper with a 0.65% expense ratio, compared with 0.85% for QDAY.NEO.

What is the main difference between QQCC.TO and QDAY.NEO?

QQCC.TO is categorized as Nasdaq-100, while QDAY.NEO is Derivative Income. They also come from different issuers: Global X and Hamilton Capital. Their fees differ too: 0.65% for QQCC.TO and 0.85% for QDAY.NEO.