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QQQM vs. QCLR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


QQQMQCLR
YTD Return20.13%14.55%
1Y Return38.93%28.46%
3Y Return (Ann)10.59%7.35%
Sharpe Ratio2.232.34
Daily Std Dev17.59%12.22%
Max Drawdown-35.05%-21.77%
Current Drawdown-2.54%-2.82%

Correlation

-0.50.00.51.00.8

The correlation between QQQM and QCLR is 0.83, 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

QQQM vs. QCLR - Performance Comparison

In the year-to-date period, QQQM achieves a 20.13% return, which is significantly higher than QCLR's 14.55% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%AprilMayJuneJulyAugustSeptember
10.61%
7.30%
QQQM
QCLR

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


QQQM vs. QCLR - Expense Ratio Comparison

QQQM has a 0.15% expense ratio, which is lower than QCLR's 0.60% expense ratio.


QCLR
Global X NASDAQ 100 Collar 95-110 ETF
Expense ratio chart for QCLR: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%
Expense ratio chart for QQQM: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Risk-Adjusted Performance

QQQM vs. QCLR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ 100 ETF (QQQM) and Global X NASDAQ 100 Collar 95-110 ETF (QCLR). 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.


QQQM
Sharpe ratio
The chart of Sharpe ratio for QQQM, currently valued at 2.23, compared to the broader market0.002.004.002.23
Sortino ratio
The chart of Sortino ratio for QQQM, currently valued at 2.90, compared to the broader market-2.000.002.004.006.008.0010.0012.002.90
Omega ratio
The chart of Omega ratio for QQQM, currently valued at 1.39, compared to the broader market1.001.502.002.503.001.39
Calmar ratio
The chart of Calmar ratio for QQQM, currently valued at 2.85, compared to the broader market0.005.0010.0015.002.85
Martin ratio
The chart of Martin ratio for QQQM, currently valued at 10.43, compared to the broader market0.0020.0040.0060.0080.00100.0010.43
QCLR
Sharpe ratio
The chart of Sharpe ratio for QCLR, currently valued at 2.34, compared to the broader market0.002.004.002.34
Sortino ratio
The chart of Sortino ratio for QCLR, currently valued at 3.28, compared to the broader market-2.000.002.004.006.008.0010.0012.003.28
Omega ratio
The chart of Omega ratio for QCLR, currently valued at 1.42, compared to the broader market1.001.502.002.503.001.42
Calmar ratio
The chart of Calmar ratio for QCLR, currently valued at 2.58, compared to the broader market0.005.0010.0015.002.58
Martin ratio
The chart of Martin ratio for QCLR, currently valued at 10.28, compared to the broader market0.0020.0040.0060.0080.00100.0010.28

QQQM vs. QCLR - Sharpe Ratio Comparison

The current QQQM Sharpe Ratio is 2.23, which roughly equals the QCLR Sharpe Ratio of 2.34. The chart below compares the 12-month rolling Sharpe Ratio of QQQM and QCLR.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00AprilMayJuneJulyAugustSeptember
2.23
2.34
QQQM
QCLR

Dividends

QQQM vs. QCLR - Dividend Comparison

QQQM's dividend yield for the trailing twelve months is around 0.67%, more than QCLR's 0.60% yield.


TTM2023202220212020
QQQM
Invesco NASDAQ 100 ETF
0.67%0.65%0.83%0.40%0.16%
QCLR
Global X NASDAQ 100 Collar 95-110 ETF
0.60%0.47%0.27%1.64%0.00%

Drawdowns

QQQM vs. QCLR - Drawdown Comparison

The maximum QQQM drawdown since its inception was -35.05%, which is greater than QCLR's maximum drawdown of -21.77%. Use the drawdown chart below to compare losses from any high point for QQQM and QCLR. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%AprilMayJuneJulyAugustSeptember
-2.54%
-2.82%
QQQM
QCLR

Volatility

QQQM vs. QCLR - Volatility Comparison

Invesco NASDAQ 100 ETF (QQQM) has a higher volatility of 6.08% compared to Global X NASDAQ 100 Collar 95-110 ETF (QCLR) at 4.77%. This indicates that QQQM's price experiences larger fluctuations and is considered to be riskier than QCLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%9.00%AprilMayJuneJulyAugustSeptember
6.08%
4.77%
QQQM
QCLR