QQQX vs. RDVY
Compare and contrast key facts about Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) and First Trust Rising Dividend Achievers ETF (RDVY).
QQQX is a passively managed fund by Nuveen that tracks the performance of the Nasdaq 100 Index. It was launched on Jan 30, 2007. RDVY is a passively managed fund by First Trust that tracks the performance of the NASDAQ US Rising Dividend Achievers. It was launched on Jan 6, 2014. Both QQQX and RDVY 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. RDVY - Performance Comparison
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QQQX vs. RDVY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
RDVY First Trust Rising Dividend Achievers ETF | -0.63% | 18.90% | 16.41% | 20.38% | -13.27% | 31.14% | 13.47% | 37.71% | -9.92% | 22.75% |
Returns By Period
In the year-to-date period, QQQX achieves a -0.51% return, which is significantly higher than RDVY's -0.63% return. Over the past 10 years, QQQX has underperformed RDVY with an annualized return of 11.87%, while RDVY has yielded a comparatively higher 14.60% annualized return.
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%
RDVY
- 1D
- 0.83%
- 1M
- -4.42%
- YTD
- -0.63%
- 6M
- 3.03%
- 1Y
- 18.34%
- 3Y*
- 17.27%
- 5Y*
- 10.18%
- 10Y*
- 14.60%
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QQQX vs. RDVY - Expense Ratio Comparison
QQQX has a 0.92% expense ratio, which is higher than RDVY's 0.50% expense ratio.
Return for Risk
QQQX vs. RDVY — Risk / Return Rank
QQQX
RDVY
QQQX vs. RDVY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) and First Trust Rising Dividend Achievers ETF (RDVY). 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.
| QQQX | RDVY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.26 | 0.97 | +0.30 |
Sortino ratioReturn per unit of downside risk | 1.87 | 1.46 | +0.41 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.21 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 2.10 | 1.46 | +0.63 |
Martin ratioReturn relative to average drawdown | 10.38 | 6.42 | +3.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| QQQX | RDVY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 0.97 | +0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 0.54 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | 0.69 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.62 | -0.17 |
Correlation
The correlation between QQQX and RDVY is 0.60, 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. RDVY - Dividend Comparison
QQQX's dividend yield for the trailing twelve months is around 8.27%, more than RDVY's 1.02% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
RDVY First Trust Rising Dividend Achievers ETF | 1.02% | 1.11% | 1.64% | 2.09% | 2.21% | 1.04% | 1.53% | 1.55% | 1.68% | 1.25% | 2.07% | 2.14% |
Drawdowns
QQQX vs. RDVY - Drawdown Comparison
The maximum QQQX drawdown since its inception was -57.25%, which is greater than RDVY's maximum drawdown of -40.60%. Use the drawdown chart below to compare losses from any high point for QQQX and RDVY.
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Drawdown Indicators
| QQQX | RDVY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.25% | -40.60% | -16.65% |
Max Drawdown (1Y)Largest decline over 1 year | -12.93% | -12.87% | -0.06% |
Max Drawdown (5Y)Largest decline over 5 years | -29.33% | -25.32% | -4.01% |
Max Drawdown (10Y)Largest decline over 10 years | -35.96% | -40.60% | +4.64% |
Current DrawdownCurrent decline from peak | -0.86% | -5.71% | +4.85% |
Average DrawdownAverage peak-to-trough decline | -8.09% | -5.06% | -3.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.61% | 2.93% | -0.32% |
Volatility
QQQX vs. RDVY - Volatility Comparison
Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) has a higher volatility of 8.15% compared to First Trust Rising Dividend Achievers ETF (RDVY) at 5.59%. This indicates that QQQX's price experiences larger fluctuations and is considered to be riskier than RDVY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QQQX | RDVY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.15% | 5.59% | +2.56% |
Volatility (6M)Calculated over the trailing 6-month period | 11.99% | 10.92% | +1.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.13% | 19.08% | +2.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.80% | 18.92% | +0.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.05% | 21.10% | -0.05% |