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QQQX vs. HXT.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

QQQX vs. HXT.TO

Last updated Apr 2, 2026

Compare and contrast key facts about Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) and Global X S&P/TSX 60 Corporate Class ETF (HXT.TO).

QQQX is a passively managed fund by Nuveen that tracks the performance of the Nasdaq 100 Index. It was launched on Jan 30, 2007. HXT.TO is a passively managed fund by Global X that tracks the performance of the S&P/TSX 60 Index. It was launched on Sep 14, 2010. Both QQQX and HXT.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

QQQX vs. HXT.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) and Global X S&P/TSX 60 Corporate Class ETF (HXT.TO). The values are adjusted to include any dividend payments, if applicable.

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QQQX vs. HXT.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
QQQX
Nuveen NASDAQ 100 Dynamic Overwrite Fund		-0.51%14.87%25.61%21.68%-27.39%25.32%15.75%28.83%-11.68%39.19%
HXT.TO
Global X S&P/TSX 60 Corporate Class ETF		2.17%34.91%11.38%14.57%-12.54%29.06%7.47%28.28%-15.04%17.35%
Different Trading Currencies

QQQX is traded in USD, while HXT.TO is traded in CAD. To make them comparable, the HXT.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, QQQX achieves a -0.51% return, which is significantly lower than HXT.TO's 1.59% return. Both investments have delivered pretty close results over the past 10 years, with QQQX having a 11.87% annualized return and HXT.TO not far behind at 11.86%.

QQQX

1D
4.05%
1M
1.77%
YTD
-0.51%
6M
4.98%
1Y
26.55%
3Y*
13.53%
5Y*
8.16%
10Y*
11.87%

HXT.TO

1D
0.00%
1M
-5.44%
YTD
1.59%
6M
8.81%
1Y
33.37%
3Y*
18.79%
5Y*
11.97%
10Y*
11.86%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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

Nuveen NASDAQ 100 Dynamic Overwrite Fund

Global X S&P/TSX 60 Corporate Class ETF

Often compared with QQQX:
QQQX vs. QQQQQQX vs. QYLDQQQX vs. SCHDQQQX vs. QYLGQQQX vs. JEPIQQQX vs. FNGSQQQX vs. SPY
Often compared with HXT.TO:
HXT.TO vs. VCN.TOHXT.TO vs. XIU.TOHXT.TO vs. XIC.TOHXT.TO vs. XEQT.TOHXT.TO vs. VFV.TOHXT.TO vs. HXCN.TOHXT.TO vs. HXH.TO

QQQX vs. HXT.TO - Expense Ratio Comparison

QQQX has a 0.92% expense ratio, which is higher than HXT.TO's 0.07% expense ratio.

QQQX
Nuveen NASDAQ 100 Dynamic Overwrite Fund
HXT.TO
Global X S&P/TSX 60 Corporate Class ETF

Return for Risk

QQQX vs. HXT.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QQQX
QQQX Risk / Return Rank: 7878
Overall Rank
QQQX Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
QQQX Sortino Ratio Rank: 7373
Sortino Ratio Rank
QQQX Omega Ratio Rank: 7575
Omega Ratio Rank
QQQX Calmar Ratio Rank: 8484
Calmar Ratio Rank
QQQX Martin Ratio Rank: 9191
Martin Ratio Rank
HXT.TO
HXT.TO Risk / Return Rank: 9191
Overall Rank
HXT.TO Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
HXT.TO Sortino Ratio Rank: 9191
Sortino Ratio Rank
HXT.TO Omega Ratio Rank: 9292
Omega Ratio Rank
HXT.TO Calmar Ratio Rank: 8888
Calmar Ratio Rank
HXT.TO Martin Ratio Rank: 9393
Martin Ratio Rank
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.

QQQX vs. HXT.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) and Global X S&P/TSX 60 Corporate Class ETF (HXT.TO). 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.

QQQXHXT.TODifference

Sharpe ratio

Return per unit of total volatility

1.26

2.09

-0.82

Sortino ratio

Return per unit of downside risk

1.87

2.79

-0.92

Omega ratio

Gain probability vs. loss probability

1.29

1.41

-0.12

Calmar ratio

Return relative to maximum drawdown

2.10

3.25

-1.15

Martin ratio

Return relative to average drawdown

10.38

15.82

-5.43

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QQQX vs. HXT.TO - Sharpe Ratio Comparison

The current QQQX Sharpe Ratio is 1.26, which is lower than the HXT.TO Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of QQQX and HXT.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

QQQXHXT.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.26

2.09

-0.82

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.41

0.73

-0.31

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.57

0.64

-0.07

Sharpe Ratio (All Time)

Calculated using the full available price history

0.46

0.41

+0.04

Correlation

The correlation between QQQX and HXT.TO is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

QQQX vs. HXT.TO - Dividend Comparison

QQQX's dividend yield for the trailing twelve months is around 8.27%, while HXT.TO has not paid dividends to shareholders.

TTM20252024202320222021202020192018201720162015
QQQX
Nuveen NASDAQ 100 Dynamic Overwrite Fund		8.27%7.85%6.73%7.26%9.66%5.85%6.00%6.49%8.40%5.95%7.54%7.23%
HXT.TO
Global X S&P/TSX 60 Corporate Class ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

QQQX vs. HXT.TO - Drawdown Comparison

The maximum QQQX drawdown since its inception was -57.25%, which is greater than HXT.TO's maximum drawdown of -41.23%. Use the drawdown chart below to compare losses from any high point for QQQX and HXT.TO.

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Drawdown Indicators

QQQXHXT.TODifference

Max Drawdown

Largest peak-to-trough decline

-57.25%

-35.48%

-21.77%

Max Drawdown (1Y)

Largest decline over 1 year

-12.93%

-10.76%

-2.17%

Max Drawdown (5Y)

Largest decline over 5 years

-29.33%

-16.33%

-13.00%

Max Drawdown (10Y)

Largest decline over 10 years

-35.96%

-35.48%

-0.48%

Current Drawdown

Current decline from peak

-0.86%

-3.46%

+2.60%

Average Drawdown

Average peak-to-trough decline

-8.09%

-4.70%

-3.39%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.61%

2.23%

+0.38%

Volatility

QQQX vs. HXT.TO - Volatility Comparison

Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) has a higher volatility of 8.15% compared to Global X S&P/TSX 60 Corporate Class ETF (HXT.TO) at 5.32%. This indicates that QQQX's price experiences larger fluctuations and is considered to be riskier than HXT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QQQXHXT.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

8.15%

5.32%

+2.83%

Volatility (6M)

Calculated over the trailing 6-month period

11.99%

10.86%

+1.13%

Volatility (1Y)

Calculated over the trailing 1-year period

21.13%

16.10%

+5.03%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.80%

16.56%

+3.24%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.05%

18.70%

+2.35%