QQQT vs. MAIN

Last updated Apr 2, 2026

Compare and contrast key facts about Defiance Nasdaq 100 Income Target ETF (QQQT) and Main Street Capital Corporation (MAIN).

QQQT is an actively managed fund by Defiance. It was launched on Jun 20, 2024.

Performance

QQQT vs. MAIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Nasdaq 100 Income Target ETF (QQQT) and Main Street Capital Corporation (MAIN). The values are adjusted to include any dividend payments, if applicable.

QQQT vs. MAIN - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QQQT Defiance Nasdaq 100 Income Target ETF	-4.89%	14.04%	4.51%
MAIN Main Street Capital Corporation	-12.44%	10.74%	23.95%

Returns By Period

In the year-to-date period, QQQT achieves a -4.89% return, which is significantly higher than MAIN's -12.44% return.

QQQT

• 1D: 1.30%
• 1M: -3.45%
• YTD: -4.89%
• 6M: -4.59%
• 1Y: 17.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MAIN

• 1D: -1.98%
• 1M: -9.02%
• YTD: -12.44%
• 6M: -14.34%
• 1Y: -3.34%
• 3Y*: 18.84%
• 5Y*: 13.74%
• 10Y*: 13.53%

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

Return for Risk

QQQT vs. MAIN — Risk / Return Rank

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

QQQT

QQQT Risk / Return Rank: 49
QQQT Sharpe Ratio Rank: 42
QQQT Sortino Ratio Rank: 47
QQQT Omega Ratio Rank: 52
QQQT Calmar Ratio Rank: 54
QQQT Martin Ratio Rank: 49

MAIN

MAIN Risk / Return Rank: 33
MAIN Sharpe Ratio Rank: 34
MAIN Sortino Ratio Rank: 28
MAIN Omega Ratio Rank: 28
MAIN Calmar Ratio Rank: 38
MAIN Martin Ratio Rank: 38

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.

QQQT vs. MAIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Nasdaq 100 Income Target ETF (QQQT) and Main Street Capital Corporation (MAIN). 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.

	QQQT	MAIN	Difference
Sharpe ratio Return per unit of total volatility	0.83	-0.13	+0.96
Sortino ratio Return per unit of downside risk	1.34	-0.02	+1.36
Omega ratio Gain probability vs. loss probability	1.20	1.00	+0.20
Calmar ratio Return relative to maximum drawdown	1.46	-0.07	+1.53
Martin ratio Return relative to average drawdown	4.81	-0.16	+4.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QQQT vs. MAIN - Sharpe Ratio Comparison

The current QQQT Sharpe Ratio is 0.83, which is higher than the MAIN Sharpe Ratio of -0.13. The chart below compares the historical Sharpe Ratios of QQQT and MAIN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	QQQT	MAIN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.83	-0.13	+0.96
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.66	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.50	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.56	-0.21

Correlation

The correlation between QQQT and MAIN is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

QQQT vs. MAIN - Dividend Comparison

QQQT's dividend yield for the trailing twelve months is around 23.01%, more than MAIN's 8.21% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QQQT Defiance Nasdaq 100 Income Target ETF	23.01%	21.27%	10.35%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MAIN Main Street Capital Corporation	8.21%	7.00%	7.02%	8.55%	7.97%	5.74%	6.99%	6.76%	8.43%	7.49%	7.42%	9.15%

Drawdowns

QQQT vs. MAIN - Drawdown Comparison

The maximum QQQT drawdown since its inception was -22.50%, smaller than the maximum MAIN drawdown of -64.53%. Use the drawdown chart below to compare losses from any high point for QQQT and MAIN.

Drawdown Indicators

	QQQT	MAIN	Difference
Max Drawdown Largest peak-to-trough decline	-22.50%	-64.53%	+42.03%
Max Drawdown (1Y) Largest decline over 1 year	-12.73%	-20.22%	+7.49%
Max Drawdown (5Y) Largest decline over 5 years	—	-27.06%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-64.53%	—
Current Drawdown Current decline from peak	-8.78%	-19.63%	+10.85%
Average Drawdown Average peak-to-trough decline	-4.26%	-7.20%	+2.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.87%	8.51%	-4.64%

Volatility

QQQT vs. MAIN - Volatility Comparison

The current volatility for Defiance Nasdaq 100 Income Target ETF (QQQT) is 6.36%, while Main Street Capital Corporation (MAIN) has a volatility of 7.39%. This indicates that QQQT experiences smaller price fluctuations and is considered to be less risky than MAIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQQT	MAIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.36%	7.39%	-1.03%
Volatility (6M) Calculated over the trailing 6-month period	11.87%	17.70%	-5.83%
Volatility (1Y) Calculated over the trailing 1-year period	21.51%	25.03%	-3.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.63%	20.92%	-0.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.63%	26.94%	-6.31%