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

QQCL.TO vs. QQCC.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Global X Enhanced NASDAQ-100 Covered Call ETF (QQCL.TO) and Global X NASDAQ-100 Covered Call ETF (QQCC.TO).

QQCL.TO and QQCC.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQCL.TO is an actively managed fund by Global X. It was launched on Oct 10, 2023. QQCC.TO is managed by Global X. It was launched on Sep 13, 2011.

Performance

QQCL.TO vs. QQCC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Enhanced NASDAQ-100 Covered Call ETF (QQCL.TO) and Global X NASDAQ-100 Covered Call ETF (QQCC.TO). The values are adjusted to include any dividend payments, if applicable.

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

2026 (YTD)202520242023
QQCL.TO
Global X Enhanced NASDAQ-100 Covered Call ETF		-4.67%13.10%41.38%5.48%
QQCC.TO
Global X NASDAQ-100 Covered Call ETF		-3.61%11.64%33.48%4.20%

Returns By Period

In the year-to-date period, QQCL.TO achieves a -4.67% return, which is significantly lower than QQCC.TO's -3.61% return.

QQCL.TO

1D
2.65%
1M
-3.98%
YTD
-4.67%
6M
-2.53%
1Y
17.93%
3Y*
—
5Y*
—
10Y*
—

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

Compare stocks, funds, or ETFs

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Global X Enhanced NASDAQ-100 Covered Call ETF

Global X NASDAQ-100 Covered Call ETF

Often compared with QQCL.TO:
QQCL.TO vs. QQC.TOQQCL.TO vs. QMAX.TOQQCL.TO vs. HYLDQQCL.TO vs. QYLDQQCL.TO vs. XEQT.TOQQCL.TO vs. HTAE.TOQQCL.TO vs. VFV.TO
Often compared with QQCC.TO:
QQCC.TO vs. QQC.TOQQCC.TO vs. QQQIQQCC.TO vs. QQQQQCC.TO vs. NVDA.TOQQCC.TO vs. XQQ.TOQQCC.TO vs. HXQ.TOQQCC.TO vs. QQQM

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

QQCL.TO has a 0.85% expense ratio, which is higher than QQCC.TO's 0.65% expense ratio.

QQCL.TO
Global X Enhanced NASDAQ-100 Covered Call ETF
QQCC.TO
Global X NASDAQ-100 Covered Call ETF

Return for Risk

QQCL.TO vs. QQCC.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QQCL.TO
QQCL.TO Risk / Return Rank: 4848
Overall Rank
QQCL.TO Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
QQCL.TO Sortino Ratio Rank: 4545
Sortino Ratio Rank
QQCL.TO Omega Ratio Rank: 5151
Omega Ratio Rank
QQCL.TO Calmar Ratio Rank: 4949
Calmar Ratio Rank
QQCL.TO Martin Ratio Rank: 5151
Martin Ratio Rank
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
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.

QQCL.TO vs. QQCC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Enhanced NASDAQ-100 Covered Call ETF (QQCL.TO) and Global X NASDAQ-100 Covered Call ETF (QQCC.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.

QQCL.TOQQCC.TODifference

Sharpe ratio

Return per unit of total volatility

0.74

0.75

-0.01

Sortino ratio

Return per unit of downside risk

1.18

1.12

+0.06

Omega ratio

Gain probability vs. loss probability

1.18

1.18

0.00

Calmar ratio

Return relative to maximum drawdown

1.15

1.15

0.00

Martin ratio

Return relative to average drawdown

4.61

5.03

-0.41

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

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

The current QQCL.TO Sharpe Ratio is 0.74, which is comparable to the QQCC.TO Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of QQCL.TO and QQCC.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

QQCL.TOQQCC.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.74

0.75

-0.01

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.73

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.53

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.03

-0.00

+1.03

Correlation

The correlation between QQCL.TO and QQCC.TO is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

QQCL.TO vs. QQCC.TO - Dividend Comparison

QQCL.TO's dividend yield for the trailing twelve months is around 14.48%, more than QQCC.TO's 11.12% yield.

TTM20252024202320222021202020192018201720162015
QQCL.TO
Global X Enhanced NASDAQ-100 Covered Call ETF		14.48%14.54%11.87%3.68%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		11.12%11.27%9.89%11.85%11.04%5.15%5.84%6.31%7.90%6.01%6.73%8.89%

Drawdowns

QQCL.TO vs. QQCC.TO - Drawdown Comparison

The maximum QQCL.TO drawdown since its inception was -25.63%, smaller than the maximum QQCC.TO drawdown of -100.13%. Use the drawdown chart below to compare losses from any high point for QQCL.TO and QQCC.TO.

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Drawdown Indicators

QQCL.TOQQCC.TODifference

Max Drawdown

Largest peak-to-trough decline

-25.63%

-100.13%

+74.50%

Max Drawdown (1Y)

Largest decline over 1 year

-16.21%

-13.73%

-2.48%

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

-8.32%

-100.00%

+91.68%

Average Drawdown

Average peak-to-trough decline

-3.48%

-99.78%

+96.30%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.04%

3.15%

+0.89%

Volatility

QQCL.TO vs. QQCC.TO - Volatility Comparison

Global X Enhanced NASDAQ-100 Covered Call ETF (QQCL.TO) has a higher volatility of 6.86% compared to Global X NASDAQ-100 Covered Call ETF (QQCC.TO) at 5.36%. This indicates that QQCL.TO's price experiences larger fluctuations and is considered to be riskier than QQCC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QQCL.TOQQCC.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

6.86%

5.36%

+1.50%

Volatility (6M)

Calculated over the trailing 6-month period

12.95%

10.43%

+2.52%

Volatility (1Y)

Calculated over the trailing 1-year period

24.34%

20.26%

+4.08%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.61%

17.51%

+3.10%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.61%

17.30%

+3.31%