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

QQCC.TO vs. QQU.TO

Last updated Jun 4, 2026

QQCC.TO (Global X NASDAQ-100 Covered Call ETF) and QQU.TO (BetaPro NASDAQ-100 2x Daily Bull ETF) are both Nasdaq-100 funds from Global X. Over the past 10 years, QQCC.TO returned 10.87%/yr vs 33.24%/yr for QQU.TO. A 0.55 correlation means they provide meaningful diversification when combined. QQCC.TO charges 0.65%/yr vs 1.46%/yr for QQU.TO.

Performance

QQCC.TO vs. QQU.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 NASDAQ-100 2x Daily Bull ETF (QQU.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 16.94% return, which is significantly lower than QQU.TO's 40.64% return. Over the past 10 years, QQCC.TO has underperformed QQU.TO with an annualized return of 10.87%, while QQU.TO has yielded a comparatively higher 33.24% annualized 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%

QQU.TO

1D
-0.47%
1M
21.48%
YTD
40.64%
6M
35.68%
1Y
80.49%
3Y*
46.76%
5Y*
22.94%
10Y*
33.24%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)202520242023202220212020201920182017
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%
QQU.TO
BetaPro NASDAQ-100 2x Daily Bull ETF		40.64%26.77%40.01%114.00%-61.73%52.20%83.84%80.24%-11.03%68.57%

Correlation

The correlation between QQCC.TO and QQU.TO is 0.85, 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

0.85

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

0.87

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

0.70

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

0.59

Correlation (All Time)
Calculated using the full available price history since Sep 15, 2011

0.55

Over the past year, QQCC.TO and QQU.TO have become more correlated (0.85) than their long-term average of 0.55, meaning their price movements have been converging.

QQCC.TO vs. QQU.TO - Sectors Allocation Comparison

Sectors
QQCC.TO
QQU.TO

Technology

50.5%
53.7%

Communication Services

16.1%
15.8%

Consumer Cyclical

12.6%
12.2%

Consumer Defensive

8.6%
7.7%

Healthcare

5.1%
4.2%

Industrials

3.3%
3.1%

Utilities

1.5%
1.4%

Basic Materials

1.3%
1.1%

Energy

0.7%
0.6%

Financial Services

0.2%
0.2%

Real Estate

0.1%
0.1%

Technology

QQCC.TO
50.5%
QQU.TO
53.7%

Communication Services

QQCC.TO
16.1%
QQU.TO
15.8%

Consumer Cyclical

QQCC.TO
12.6%
QQU.TO
12.2%

Consumer Defensive

QQCC.TO
8.6%
QQU.TO
7.7%

Healthcare

QQCC.TO
5.1%
QQU.TO
4.2%

Industrials

QQCC.TO
3.3%
QQU.TO
3.1%

Utilities

QQCC.TO
1.5%
QQU.TO
1.4%

Basic Materials

QQCC.TO
1.3%
QQU.TO
1.1%

Energy

QQCC.TO
0.7%
QQU.TO
0.6%

Financial Services

QQCC.TO
0.2%
QQU.TO
0.2%

Real Estate

QQCC.TO
0.1%
QQU.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.

Global X NASDAQ-100 Covered Call ETF

BetaPro NASDAQ-100 2x Daily Bull ETF

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
Often compared with QQU.TO:
QQU.TO vs. QLDQQU.TO vs. TQQQQQU.TO vs. QQC.TOQQU.TO vs. XQQU.TOQQU.TO vs. VCN.TOQQU.TO vs. XQQ.TOQQU.TO vs. ZQQ.TO

Return for Risk

QQCC.TO vs. QQU.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: 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
QQU.TO
QQU.TO Risk / Return Rank: 6666
Overall Rank
QQU.TO Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
QQU.TO Sortino Ratio Rank: 6464
Sortino Ratio Rank
QQU.TO Omega Ratio Rank: 6464
Omega Ratio Rank
QQU.TO Calmar Ratio Rank: 6262
Calmar Ratio Rank
QQU.TO Martin Ratio Rank: 6060
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. QQU.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 NASDAQ-100 2x Daily Bull ETF (QQU.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.

QQCC.TOQQU.TODifference
Sharpe ratioReturn per unit of total volatility
2.76
2.55

+0.21

Sortino ratioReturn per unit of downside risk
3.72
3.03

+0.68

Omega ratioGain probability vs. loss probability

1.50

1.40

+0.11

Calmar ratioReturn relative to maximum drawdown

4.32

3.13

+1.19

Martin ratioReturn relative to average drawdown

16.04

10.71

+5.33

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

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

The current QQCC.TO Sharpe Ratio is 2.76, which is comparable to the QQU.TO Sharpe Ratio of 2.55. The chart below compares the historical Sharpe Ratios of QQCC.TO and QQU.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

QQCC.TOQQU.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.76

2.55

+0.21

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.90

0.51

+0.38

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.63

0.75

-0.11

Sharpe Ratio (All Time)

Calculated using the full available price history

0.00

0.55

-0.55

Drawdowns

QQCC.TO vs. QQU.TO - Drawdown Comparison

The maximum QQCC.TO drawdown since its inception was -36.70%, smaller than the maximum QQU.TO drawdown of -78.51%. Use the drawdown chart below to compare losses from any high point for QQCC.TO and QQU.TO.

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Drawdown Indicators

QQCC.TOQQU.TODifference

Max Drawdown

Largest peak-to-trough decline

-36.70%

-78.51%

+41.81%

Max Drawdown (1Y)

Largest decline over 1 year

-8.15%

-25.85%

+17.70%

Max Drawdown (3Y)

Largest decline over 3 years

-22.24%

-43.00%

+20.76%

Max Drawdown (5Y)

Largest decline over 5 years

-22.24%

-64.83%

+42.59%

Max Drawdown (10Y)

Largest decline over 10 years

-36.70%

-64.83%

+28.13%

Current Drawdown

Current decline from peak

0.00%

-0.47%

+0.47%

Average Drawdown

Average peak-to-trough decline

-8.37%

-17.02%

+8.65%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.19%

7.54%

-5.35%

Volatility

QQCC.TO vs. QQU.TO - Volatility Comparison

The current volatility for Global X NASDAQ-100 Covered Call ETF (QQCC.TO) is 3.75%, while BetaPro NASDAQ-100 2x Daily Bull ETF (QQU.TO) has a volatility of 9.23%. This indicates that QQCC.TO experiences smaller price fluctuations and is considered to be less risky than QQU.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.TOQQU.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.75%

9.23%

-5.48%

Volatility (6M)

Calculated over the trailing 6-month period

10.03%

24.31%

-14.28%

Volatility (1Y)

Calculated over the trailing 1-year period

12.78%

31.70%

-18.92%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.58%

44.86%

-27.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.29%

44.86%

-27.57%

QQCC.TO vs. QQU.TO - Expense Ratio Comparison

QQCC.TO has a 0.65% expense ratio, which is lower than QQU.TO's 1.46% expense ratio.

Dividends

QQCC.TO vs. QQU.TO - Dividend Comparison

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

PositionTTM20252024202320222021202020192018201720162015
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%
QQU.TO
BetaPro NASDAQ-100 2x Daily Bull 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%

Frequently Asked Questions

QQCC.TO and QQU.TO have a correlation of 0.85, 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 1.46% for QQU.TO.

Their fees differ too: 0.65% for QQCC.TO and 1.46% for QQU.TO.

Portfolio Optimizer

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