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

QQCC.TO vs. XQQ.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Global X NASDAQ-100 Covered Call ETF (QQCC.TO) and iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ.TO).

QQCC.TO and XQQ.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQCC.TO is managed by Global X. It was launched on Sep 13, 2011. XQQ.TO is a passively managed fund by iShares that tracks the performance of the Morningstar US Market TR CAD. It was launched on May 3, 2011.

Performance

QQCC.TO vs. XQQ.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 iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ.TO). The values are adjusted to include any dividend payments, if applicable.

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

2026 (YTD)202520242023202220212020201920182017
QQCC.TO
Global X NASDAQ-100 Covered Call ETF		-3.61%11.64%33.48%35.99%-8.51%7.92%-3.26%16.18%-15.89%18.77%
XQQ.TO
iShares NASDAQ 100 Index ETF (CAD-Hedged)		-6.47%18.38%24.23%52.23%-33.67%22.29%45.23%37.48%-2.33%31.83%

Returns By Period

In the year-to-date period, QQCC.TO achieves a -3.61% return, which is significantly higher than XQQ.TO's -6.47% return. Over the past 10 years, QQCC.TO has underperformed XQQ.TO with an annualized return of 9.08%, while XQQ.TO has yielded a comparatively higher 16.78% annualized return.

QQCC.TO

1D
1.82%
1M
-3.14%
YTD
-3.61%
6M
-1.75%
1Y
15.14%
3Y*
18.64%
5Y*
12.76%
10Y*
9.08%

XQQ.TO

1D
3.44%
1M
-5.05%
YTD
-6.47%
6M
-4.62%
1Y
21.12%
3Y*
20.32%
5Y*
10.45%
10Y*
16.78%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

iShares NASDAQ 100 Index ETF (CAD-Hedged)

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Often compared with XQQ.TO:
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QQCC.TO vs. XQQ.TO - Expense Ratio Comparison

QQCC.TO has a 0.65% expense ratio, which is higher than XQQ.TO's 0.39% expense ratio.

QQCC.TO
Global X NASDAQ-100 Covered Call ETF
XQQ.TO
iShares NASDAQ 100 Index ETF (CAD-Hedged)

Return for Risk

QQCC.TO vs. XQQ.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: 4848
Overall Rank
QQCC.TO Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
QQCC.TO Sortino Ratio Rank: 4242
Sortino Ratio Rank
QQCC.TO Omega Ratio Rank: 5151
Omega Ratio Rank
QQCC.TO Calmar Ratio Rank: 4848
Calmar Ratio Rank
QQCC.TO Martin Ratio Rank: 5454
Martin Ratio Rank
XQQ.TO
XQQ.TO Risk / Return Rank: 6363
Overall Rank
XQQ.TO Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
XQQ.TO Sortino Ratio Rank: 6262
Sortino Ratio Rank
XQQ.TO Omega Ratio Rank: 6262
Omega Ratio Rank
XQQ.TO Calmar Ratio Rank: 6969
Calmar Ratio Rank
XQQ.TO Martin Ratio Rank: 6363
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. XQQ.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 iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ.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.TOXQQ.TODifference

Sharpe ratio

Return per unit of total volatility

0.75

0.95

-0.20

Sortino ratio

Return per unit of downside risk

1.12

1.50

-0.38

Omega ratio

Gain probability vs. loss probability

1.18

1.21

-0.03

Calmar ratio

Return relative to maximum drawdown

1.15

1.65

-0.50

Martin ratio

Return relative to average drawdown

5.03

5.80

-0.77

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. XQQ.TO - Sharpe Ratio Comparison

The current QQCC.TO Sharpe Ratio is 0.75, which is comparable to the XQQ.TO Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of QQCC.TO and XQQ.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

QQCC.TOXQQ.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.75

0.95

-0.20

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.73

0.47

+0.27

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.53

0.76

-0.23

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.00

-1.32

+1.32

Correlation

The correlation between QQCC.TO and XQQ.TO is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

QQCC.TO vs. XQQ.TO - Dividend Comparison

QQCC.TO's dividend yield for the trailing twelve months is around 11.12%, more than XQQ.TO's 0.27% yield.

TTM20252024202320222021202020192018201720162015
QQCC.TO
Global X NASDAQ-100 Covered Call ETF		11.12%11.27%9.89%11.85%11.04%5.15%5.84%6.31%7.90%6.01%6.73%8.89%
XQQ.TO
iShares NASDAQ 100 Index ETF (CAD-Hedged)		0.27%0.25%0.32%0.31%0.43%0.17%0.26%0.46%0.52%0.53%0.76%0.62%

Drawdowns

QQCC.TO vs. XQQ.TO - Drawdown Comparison

The maximum QQCC.TO drawdown since its inception was -100.13%, roughly equal to the maximum XQQ.TO drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for QQCC.TO and XQQ.TO.

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Drawdown Indicators

QQCC.TOXQQ.TODifference

Max Drawdown

Largest peak-to-trough decline

-100.13%

-100.00%

-0.13%

Max Drawdown (1Y)

Largest decline over 1 year

-13.73%

-12.76%

-0.97%

Max Drawdown (5Y)

Largest decline over 5 years

-22.24%

-38.55%

+16.31%

Max Drawdown (10Y)

Largest decline over 10 years

-36.70%

-38.55%

+1.85%

Current Drawdown

Current decline from peak

-100.00%

-99.98%

-0.02%

Average Drawdown

Average peak-to-trough decline

-99.78%

-99.99%

+0.21%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.15%

3.63%

-0.48%

Volatility

QQCC.TO vs. XQQ.TO - Volatility Comparison

The current volatility for Global X NASDAQ-100 Covered Call ETF (QQCC.TO) is 5.36%, while iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ.TO) has a volatility of 6.56%. This indicates that QQCC.TO experiences smaller price fluctuations and is considered to be less risky than XQQ.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.TOXQQ.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

5.36%

6.56%

-1.20%

Volatility (6M)

Calculated over the trailing 6-month period

10.43%

12.66%

-2.23%

Volatility (1Y)

Calculated over the trailing 1-year period

20.26%

22.22%

-1.96%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.51%

22.54%

-5.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.30%

22.29%

-4.99%