QQCL.TO vs. XUS.TO
Compare and contrast key facts about Global X Enhanced NASDAQ-100 Covered Call ETF (QQCL.TO) and iShares Core S&P 500 Index ETF (XUS.TO).
QQCL.TO and XUS.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. XUS.TO is a passively managed fund by iShares that tracks the performance of the Morningstar US Market TR CAD. It was launched on Apr 10, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QQCL.TO or XUS.TO.
Correlation
The correlation between QQCL.TO and XUS.TO is 0.85, 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.
Performance
QQCL.TO vs. XUS.TO - Performance Comparison
Key characteristics
QQCL.TO:
2.06
XUS.TO:
2.38
QQCL.TO:
2.80
XUS.TO:
3.28
QQCL.TO:
1.36
XUS.TO:
1.44
QQCL.TO:
2.89
XUS.TO:
3.67
QQCL.TO:
11.95
XUS.TO:
16.62
QQCL.TO:
3.03%
XUS.TO:
1.71%
QQCL.TO:
17.60%
XUS.TO:
11.98%
QQCL.TO:
-12.54%
XUS.TO:
-27.23%
QQCL.TO:
-1.87%
XUS.TO:
-2.59%
Returns By Period
In the year-to-date period, QQCL.TO achieves a 2.74% return, which is significantly higher than XUS.TO's 1.28% return.
QQCL.TO
2.74%
-1.36%
21.28%
32.26%
N/A
N/A
XUS.TO
1.28%
-2.21%
12.91%
26.04%
15.61%
14.11%
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QQCL.TO vs. XUS.TO - Expense Ratio Comparison
QQCL.TO has a 0.85% expense ratio, which is higher than XUS.TO's 0.09% expense ratio.
Risk-Adjusted Performance
QQCL.TO vs. XUS.TO — Risk-Adjusted Performance Rank
QQCL.TO
XUS.TO
QQCL.TO vs. XUS.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Enhanced NASDAQ-100 Covered Call ETF (QQCL.TO) and iShares Core S&P 500 Index ETF (XUS.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.
Dividends
QQCL.TO vs. XUS.TO - Dividend Comparison
QQCL.TO's dividend yield for the trailing twelve months is around 11.86%, more than XUS.TO's 1.02% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQCL.TO Global X Enhanced NASDAQ-100 Covered Call ETF | 11.86% | 11.87% | 3.68% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XUS.TO iShares Core S&P 500 Index ETF | 1.02% | 1.03% | 1.22% | 1.38% | 0.99% | 1.35% | 2.02% | 1.77% | 1.48% | 1.66% | 1.70% | 1.36% |
Drawdowns
QQCL.TO vs. XUS.TO - Drawdown Comparison
The maximum QQCL.TO drawdown since its inception was -12.54%, smaller than the maximum XUS.TO drawdown of -27.23%. Use the drawdown chart below to compare losses from any high point for QQCL.TO and XUS.TO. For additional features, visit the drawdowns tool.
Volatility
QQCL.TO vs. XUS.TO - Volatility Comparison
Global X Enhanced NASDAQ-100 Covered Call ETF (QQCL.TO) has a higher volatility of 4.52% compared to iShares Core S&P 500 Index ETF (XUS.TO) at 3.28%. This indicates that QQCL.TO's price experiences larger fluctuations and is considered to be riskier than XUS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.