QQH vs. XLKI

Last updated Aug 2, 2026

QQH (HCM Defender 100 Index ETF) and XLKI (State Street Technology Select Sector SPDR Premium Income ETF) are both Technology Equities funds. QQH is passively managed, while XLKI is actively managed. Over the past year, QQH returned 17.89% vs 24.59% for XLKI. Their correlation of 0.91 means they have usually moved in the same direction. QQH charges 1.14%/yr vs 0.35%/yr for XLKI.

Performance

QQH vs. XLKI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in HCM Defender 100 Index ETF (QQH) and State Street Technology Select Sector SPDR Premium Income ETF (XLKI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QQH achieves a 3.46% return, which is significantly lower than XLKI's 10.67% return.

QQH

• 1D: 0.88%
• 1M: -3.43%
• 6M: 2.85%
• YTD: 3.46%
• 1Y: 17.89%
• 3Y*: 17.81%
• 5Y*: 10.11%
• 10Y*: —
• ALL TIME*: 18.68%

XLKI

• 1D: 0.01%
• 1M: -1.06%
• 6M: 9.29%
• YTD: 10.67%
• 1Y: 24.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.71%

*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)
QQH HCM Defender 100 Index ETF	$4.32M	$7.48M	$7.46M
XLKI State Street Technology Select Sector SPDR Premium Income ETF	$514.98K	$430.22K	$356.64K

QQH vs. XLKI - Yearly Performance Comparison

	2026 (YTD)	2025
QQH HCM Defender 100 Index ETF	3.46%	10.55%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	10.67%	10.02%

Correlation

The correlation between QQH and XLKI is 0.91, 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.	0.91
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.91

The correlation between QQH and XLKI has been stable across timeframes, ranging from 0.91 to 0.91 - a consistent structural relationship.

Return for Risk

QQH vs. XLKI — Risk / Return Rank

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

QQH

QQH Risk / Return Rank: 26
QQH Sharpe Ratio Rank: 25
QQH Sortino Ratio Rank: 25
QQH Omega Ratio Rank: 25
QQH Calmar Ratio Rank: 28
QQH Martin Ratio Rank: 27

XLKI

XLKI Risk / Return Rank: 51
XLKI Sharpe Ratio Rank: 46
XLKI Sortino Ratio Rank: 43
XLKI Omega Ratio Rank: 47
XLKI Calmar Ratio Rank: 57
XLKI Martin Ratio Rank: 60

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.

QQH vs. XLKI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HCM Defender 100 Index ETF (QQH) and State Street Technology Select Sector SPDR Premium Income ETF (XLKI). 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.

	QQH	XLKI	Difference
Sharpe ratio: Return per unit of total volatility	0.60	1.13	-0.54
Sortino ratio: Return per unit of downside risk	0.95	1.61	-0.66
Omega ratio: Gain probability vs. loss probability	1.12	1.22	-0.10
Calmar ratio: Return relative to maximum drawdown	0.91	2.02	-1.11
Martin ratio: Return relative to average drawdown	2.19	7.10	-4.91

QQH vs. XLKI - Sharpe Ratio Comparison

The current QQH Sharpe Ratio is 0.60, which is lower than the XLKI Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of QQH and XLKI, 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

QQH vs. XLKI - Drawdown Comparison

The maximum QQH drawdown since its inception was -41.87%, which is greater than XLKI's maximum drawdown of -11.21%. Use the drawdown chart below to compare losses from any high point for QQH and XLKI.

Drawdown Indicators

	QQH	XLKI	Difference
Max Drawdown Largest peak-to-trough decline	-41.87%	-11.21%	-30.66%
Max Drawdown (1Y) Largest decline over 1 year	-16.18%	-11.21%	-4.97%
Max Drawdown (3Y) Largest decline over 3 years	-24.84%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-41.87%	—	—
Current Drawdown Current decline from peak	-10.37%	-6.73%	-3.64%
Average Drawdown Average peak-to-trough decline	-12.80%	-2.16%	-10.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.68%	3.18%	+3.50%

Volatility

QQH vs. XLKI - Volatility Comparison

HCM Defender 100 Index ETF (QQH) and State Street Technology Select Sector SPDR Premium Income ETF (XLKI) have volatilities of 8.39% and 8.68%, 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

	QQH	XLKI	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.39%	8.68%	-0.29%
Volatility (6M) Calculated over the trailing 6-month period	19.31%	17.55%	+1.76%
Volatility (1Y) Calculated over the trailing 1-year period	24.60%	19.96%	+4.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.29%	19.92%	+2.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.06%	19.92%	+5.14%

QQH vs. XLKI - Expense Ratio Comparison

QQH has a 1.14% expense ratio, which is higher than XLKI's 0.35% expense ratio.

Dividends

QQH vs. XLKI - Dividend Comparison

QQH's dividend yield for the trailing twelve months is around 0.20%, less than XLKI's 17.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
QQH HCM Defender 100 Index ETF	0.20%	0.21%	0.24%	0.27%	0.00%	0.00%	0.00%	0.21%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	17.91%	8.52%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QQH and XLKI in my portfolio?

With a correlation of 0.91, QQH and XLKI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, QQH or XLKI?

XLKI has higher volatility (8.68%) compared to QQH (8.39%). In terms of maximum drawdown, QQH dropped -41.87% vs XLKI's -11.21%.

Which ETF is better, QQH or XLKI?

On 1-year performance, XLKI leads with 24.59% vs 17.89% for QQH. On fees, XLKI is cheaper at 0.35% per year. On volatility, QQH has been the lower-risk option at 8.39%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QQH or XLKI?

Over the 1-year period, XLKI has performed better with a 24.59% return vs 17.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QQH or XLKI?

XLKI is cheaper with a 0.35% expense ratio, compared with 1.14% for QQH.

Which ETF pays a higher dividend yield, QQH or XLKI?

XLKI has the higher dividend yield at 17.91%, compared with 0.20% for QQH.

What is the main difference between QQH and XLKI?

They also come from different issuers: Howard Capital Management and State Street. Their fees differ too: 1.14% for QQH and 0.35% for XLKI.

Which has better risk-adjusted returns?

XLKI currently has the higher Sharpe Ratio (1.13 vs 0.60), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.