QQCC.TO vs. QQQI

Last updated Aug 2, 2026

QQCC.TO (Global X NASDAQ-100 Covered Call ETF) and QQQI (NEOS Nasdaq-100 High Income ETF) are both Nasdaq-100 funds. QQCC.TO is passively managed, while QQQI is actively managed. Over the past year, QQCC.TO returned 22.66% vs 19.25% for QQQI. Their 0.79 correlation means they have sometimes moved together and sometimes differently. QQCC.TO charges 0.65%/yr vs 0.68%/yr for QQQI.

Performance

QQCC.TO vs. QQQI - 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 NEOS Nasdaq-100 High Income ETF (QQQI). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

QQCC.TO is traded in CAD, while QQQI is traded in USD. To make them comparable, the QQQI values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, QQCC.TO achieves a 11.50% return, which is significantly higher than QQQI's 9.37% return.

QQCC.TO

• 1D: 0.82%
• 1M: -5.11%
• 6M: 10.65%
• YTD: 11.50%
• 1Y: 22.66%
• 3Y*: 19.76%
• 5Y*: -0.73%
• 10Y*: 0.45%
• ALL TIME*: -1.39%

QQQI

• 1D: 0.51%
• 1M: -4.48%
• 6M: 7.86%
• YTD: 9.37%
• 1Y: 19.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 20.15%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
QQCC.TO Global X NASDAQ-100 Covered Call ETF	CA$861.14K	CA$855.52K	CA$1.23M
QQQI NEOS Nasdaq-100 High Income ETF	CA$480.28M	CA$471.90M	CA$500.11M

QQCC.TO vs. QQQI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QQCC.TO Global X NASDAQ-100 Covered Call ETF	11.50%	11.64%	26.59%
QQQI NEOS Nasdaq-100 High Income ETF	9.37%	13.21%	27.80%

Correlation

The correlation between QQCC.TO and QQQI is 0.82, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.82
Correlation (All Time) Calculated using the full available price history since Jan 30, 2024	0.79

The correlation between QQCC.TO and QQQI has been stable across timeframes, ranging from 0.79 to 0.82 - a consistent structural relationship.

QQCC.TO vs. QQQI - Sectors Allocation Comparison

Sectors	QQCC.TO	QQQI
Technology	58.6%	59.9%
Communication Services	14.3%	12.1%
Consumer Cyclical	11.4%	10.0%
Consumer Defensive	6.4%	6.5%
Healthcare	3.7%	3.7%
Industrials	2.6%	4.3%
Utilities	1.2%	1.2%
Basic Materials	1.0%	1.1%
Energy	0.5%	0.5%
Financial Services	0.2%	0.2%
Real Estate	0.1%	0.1%

Return for Risk

QQCC.TO vs. QQQI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

QQCC.TO

QQCC.TO Risk / Return Rank: 56
QQCC.TO Sharpe Ratio Rank: 54
QQCC.TO Sortino Ratio Rank: 52
QQCC.TO Omega Ratio Rank: 53
QQCC.TO Calmar Ratio Rank: 57
QQCC.TO Martin Ratio Rank: 63

QQQI

QQQI Risk / Return Rank: 43
QQQI Sharpe Ratio Rank: 40
QQQI Sortino Ratio Rank: 38
QQQI Omega Ratio Rank: 39
QQQI Calmar Ratio Rank: 47
QQQI Martin Ratio Rank: 52

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

QQCC.TO vs. QQQI - 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 NEOS Nasdaq-100 High Income ETF (QQQI). 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.TO	QQQI	Difference
Sharpe ratio: Return per unit of total volatility	1.29	1.07	+0.23
Sortino ratio: Return per unit of downside risk	1.83	1.55	+0.28
Omega ratio: Gain probability vs. loss probability	1.24	1.19	+0.04
Calmar ratio: Return relative to maximum drawdown	2.01	1.80	+0.21
Martin ratio: Return relative to average drawdown	7.45	5.99	+1.46

QQCC.TO vs. QQQI - Sharpe Ratio Comparison

The current QQCC.TO Sharpe Ratio is 1.29, which is comparable to the QQQI Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of QQCC.TO and QQQI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

QQCC.TO vs. QQQI - Drawdown Comparison

The maximum QQCC.TO drawdown since its inception was -67.77%, which is greater than QQQI's maximum drawdown of -19.93%. Use the drawdown chart below to compare losses from any high point for QQCC.TO and QQQI.

Drawdown Indicators

	QQCC.TO	QQQI	Difference
Max Drawdown Largest peak-to-trough decline	-67.77%	-19.93%	-47.84%
Max Drawdown (1Y) Largest decline over 1 year	-10.36%	-9.81%	-0.55%
Max Drawdown (3Y) Largest decline over 3 years	-22.24%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-59.13%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-62.91%	—	—
Current Drawdown Current decline from peak	-26.22%	-6.83%	-19.39%
Average Drawdown Average peak-to-trough decline	-28.23%	-2.62%	-25.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.79%	2.94%	-0.15%

Volatility

QQCC.TO vs. QQQI - Volatility Comparison

Global X NASDAQ-100 Covered Call ETF (QQCC.TO) and NEOS Nasdaq-100 High Income ETF (QQQI) have volatilities of 6.29% and 6.34%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQCC.TO	QQQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.29%	6.34%	-0.05%
Volatility (6M) Calculated over the trailing 6-month period	13.68%	13.93%	-0.25%
Volatility (1Y) Calculated over the trailing 1-year period	16.07%	16.56%	-0.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.52%	18.42%	+10.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.38%	18.42%	+4.96%

QQCC.TO vs. QQQI - Expense Ratio Comparison

QQCC.TO has a 0.65% expense ratio, which is lower than QQQI's 0.68% expense ratio.

Dividends

QQCC.TO vs. QQQI - Dividend Comparison

QQCC.TO's dividend yield for the trailing twelve months is around 11.34%, less than QQQI's 14.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QQCC.TO Global X NASDAQ-100 Covered Call ETF	11.34%	11.27%	9.84%	11.79%	11.06%	2.58%	2.92%	3.14%	3.96%	3.00%	3.36%	4.44%
QQQI NEOS Nasdaq-100 High Income ETF	14.38%	13.82%	12.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

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

QQCC.TO and QQQI 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.

Which ETF is better, QQCC.TO or QQQI?

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 QQQI?

QQCC.TO is cheaper with a 0.65% expense ratio, compared with 0.68% for QQQI.

What is the main difference between QQCC.TO and QQQI?

They also come from different issuers: Global X and Neos. Their fees differ too: 0.65% for QQCC.TO and 0.68% for QQQI.