QQHG vs. XCLR

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco QQQ Hedged Advantage ETF (QQHG) and Global X S&P 500 Collar 95-110 ETF (XCLR).

QQHG and XCLR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQHG is an actively managed fund by Invesco. It was launched on May 5, 2025. XCLR is a passively managed fund by Global X that tracks the performance of the Cboe S&P 500 3-Month Collar 95-110 Index. It was launched on Aug 25, 2021.

Performance

QQHG vs. XCLR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco QQQ Hedged Advantage ETF (QQHG) and Global X S&P 500 Collar 95-110 ETF (XCLR). The values are adjusted to include any dividend payments, if applicable.

QQHG vs. XCLR - Yearly Performance Comparison

	2026 (YTD)	2025
QQHG Invesco QQQ Hedged Advantage ETF	-1.76%	20.59%
XCLR Global X S&P 500 Collar 95-110 ETF	-4.88%	16.22%

Returns By Period

In the year-to-date period, QQHG achieves a -1.76% return, which is significantly higher than XCLR's -4.88% return.

QQHG

• 1D: 0.79%
• 1M: -2.23%
• YTD: -1.76%
• 6M: 0.14%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XCLR

• 1D: 0.49%
• 1M: -4.99%
• YTD: -4.88%
• 6M: -3.76%
• 1Y: 10.37%
• 3Y*: 12.20%
• 5Y*: —
• 10Y*: —

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

QQHG vs. XCLR - Expense Ratio Comparison

QQHG has a 0.45% expense ratio, which is higher than XCLR's 0.25% expense ratio.

QQHG

Invesco QQQ Hedged Advantage ETF

XCLR

Global X S&P 500 Collar 95-110 ETF

Return for Risk

QQHG vs. XCLR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XCLR

XCLR Risk / Return Rank: 49
XCLR Sharpe Ratio Rank: 53
XCLR Sortino Ratio Rank: 52
XCLR Omega Ratio Rank: 45
XCLR Calmar Ratio Rank: 46
XCLR Martin Ratio Rank: 51

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.

QQHG vs. XCLR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ Hedged Advantage ETF (QQHG) and Global X S&P 500 Collar 95-110 ETF (XCLR). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	QQHG	XCLR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.99	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.17	0.59	+1.58

Correlation

The correlation between QQHG and XCLR is 0.90, 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

QQHG vs. XCLR - Dividend Comparison

QQHG's dividend yield for the trailing twelve months is around 0.23%, less than XCLR's 13.83% yield.

	TTM	2025	2024	2023	2022	2021
QQHG Invesco QQQ Hedged Advantage ETF	0.23%	0.17%	0.00%	0.00%	0.00%	0.00%
XCLR Global X S&P 500 Collar 95-110 ETF	13.83%	13.15%	18.76%	1.40%	1.01%	1.70%

Drawdowns

QQHG vs. XCLR - Drawdown Comparison

The maximum QQHG drawdown since its inception was -6.18%, smaller than the maximum XCLR drawdown of -14.63%. Use the drawdown chart below to compare losses from any high point for QQHG and XCLR.

Drawdown Indicators

	QQHG	XCLR	Difference
Max Drawdown Largest peak-to-trough decline	-6.18%	-14.63%	+8.45%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.29%	—
Current Drawdown Current decline from peak	-3.64%	-6.45%	+2.81%
Average Drawdown Average peak-to-trough decline	-1.06%	-4.82%	+3.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.02%	—

Volatility

Volatility by Period

	QQHG	XCLR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.42%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.16%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.60%	10.53%	-0.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.60%	10.58%	-0.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.60%	10.58%	-0.98%