QQQT vs. MAIN
QQQT (Defiance Nasdaq 100 Income Target ETF) is Nasdaq-100 fund actively managed by Defiance, while MAIN (Main Street Capital Corporation) is a stock. Over the past year, QQQT returned 26.06% vs -8.49% for MAIN. At a 0.38 correlation, their price movements are largely independent.
Performance
QQQT vs. MAIN - Performance Comparison
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Returns By Period
In the year-to-date period, QQQT achieves a 14.34% return, which is significantly higher than MAIN's -14.27% return.
QQQT
- 1D
- -0.64%
- 1M
- -1.05%
- YTD
- 14.34%
- 6M
- 12.96%
- 1Y
- 26.06%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MAIN
- 1D
- -0.44%
- 1M
- 1.45%
- YTD
- -14.27%
- 6M
- -13.44%
- 1Y
- -8.49%
- 3Y*
- 18.39%
- 5Y*
- 11.80%
- 10Y*
- 12.54%
QQQT vs. MAIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QQQT Defiance Nasdaq 100 Income Target ETF | 14.34% | 14.04% | 4.20% |
MAIN Main Street Capital Corporation | -14.27% | 10.74% | 23.28% |
Correlation
The correlation between QQQT and MAIN is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2024 | 0.38 |
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Return for Risk
QQQT vs. MAIN — Risk / Return Rank
QQQT
MAIN
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.
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.
| QQQT | MAIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.93 | ||
| Sortino ratioReturn per unit of downside risk | +2.46 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 0.96 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 2.06 | -0.38 | +2.44 |
| Martin ratioReturn relative to average drawdown | 7.02 | -0.73 | +7.75 |
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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.
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Drawdown Indicators
| QQQT | MAIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.50% | -64.53% | +42.03% |
Max Drawdown (1Y)Largest decline over 1 year | -12.73% | -22.43% | +9.70% |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.43% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.06% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -64.53% | — |
Current DrawdownCurrent decline from peak | -4.56% | -21.31% | +16.75% |
Average DrawdownAverage peak-to-trough decline | -3.98% | -7.33% | +3.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.72% | 11.67% | -7.95% |
Volatility
QQQT vs. MAIN - Volatility Comparison
Defiance Nasdaq 100 Income Target ETF (QQQT) has a higher volatility of 8.63% compared to Main Street Capital Corporation (MAIN) at 5.30%. This indicates that QQQT's price experiences larger fluctuations and is considered to be riskier than MAIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QQQT | MAIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.63% | 5.30% | +3.33% |
Volatility (6M)Calculated over the trailing 6-month period | 13.54% | 20.14% | -6.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.55% | 24.90% | -8.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.77% | 21.55% | -0.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.77% | 27.32% | -6.55% |
Dividends
QQQT vs. MAIN - Dividend Comparison
QQQT's dividend yield for the trailing twelve months is around 20.02%, more than MAIN's 8.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAIN Main Street Capital Corporation | 8.61% | 7.00% | 7.02% | 8.55% | 7.97% | 5.74% | 6.99% | 6.76% | 8.43% | 7.49% | 7.42% | 9.15% |
QQQT Defiance Nasdaq 100 Income Target ETF | 20.02% | 21.27% | 10.35% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QQQT and MAIN have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QQQT has higher volatility (8.63%) compared to MAIN (5.30%). In terms of maximum drawdown, QQQT dropped -22.50% vs MAIN's -64.53%.
QQQT currently has the higher Sharpe Ratio (1.59 vs -0.34), 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.
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