QQQY.TO vs. HISA.NEO
Compare and contrast key facts about Evolve NASDAQ Technology Enhanced Yield Index Fund (QQQY.TO) and Evolve High Interest Savings Account ETF (HISA.NEO).
QQQY.TO and HISA.NEO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQQY.TO is a passively managed fund by Evolve that tracks the performance of the NASDAQ-100 Technology Sector Adjusted Market-Cap Weighted™ Index. It was launched on Oct 6, 2025. HISA.NEO is an actively managed fund by Evolve. It was launched on Nov 19, 2019.
Performance
QQQY.TO vs. HISA.NEO - Performance Comparison
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QQQY.TO vs. HISA.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
QQQY.TO Evolve NASDAQ Technology Enhanced Yield Index Fund | -7.00% | 27.46% | 207.55% | 115,066.66% |
HISA.NEO Evolve High Interest Savings Account ETF | 0.30% | 2.30% | 3.78% | 1.20% |
Returns By Period
In the year-to-date period, QQQY.TO achieves a -7.00% return, which is significantly lower than HISA.NEO's 0.30% return.
QQQY.TO
- 1D
- 1.53%
- 1M
- -3.82%
- YTD
- -7.00%
- 6M
- -2.79%
- 1Y
- 29.87%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HISA.NEO
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.30%
- 6M
- 0.87%
- 1Y
- 2.17%
- 3Y*
- 3.30%
- 5Y*
- 2.73%
- 10Y*
- —
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QQQY.TO vs. HISA.NEO - Expense Ratio Comparison
QQQY.TO has a 0.74% expense ratio, which is higher than HISA.NEO's 0.15% expense ratio.
Return for Risk
QQQY.TO vs. HISA.NEO — Risk / Return Rank
QQQY.TO
HISA.NEO
QQQY.TO vs. HISA.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Evolve NASDAQ Technology Enhanced Yield Index Fund (QQQY.TO) and Evolve High Interest Savings Account ETF (HISA.NEO). 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.
| QQQY.TO | HISA.NEO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.13 | 6.81 | -5.68 |
Sortino ratioReturn per unit of downside risk | 1.76 | 11.79 | -10.03 |
Omega ratioGain probability vs. loss probability | 1.25 | 5.96 | -4.70 |
Calmar ratioReturn relative to maximum drawdown | 2.08 | 13.54 | -11.46 |
Martin ratioReturn relative to average drawdown | 7.61 | 152.99 | -145.39 |
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
| QQQY.TO | HISA.NEO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.13 | 6.81 | -5.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 6.08 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.06 | 5.21 | -5.15 |
Correlation
The correlation between QQQY.TO and HISA.NEO is 0.10, 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
QQQY.TO vs. HISA.NEO - Dividend Comparison
QQQY.TO's dividend yield for the trailing twelve months is around 15.60%, more than HISA.NEO's 2.35% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
QQQY.TO Evolve NASDAQ Technology Enhanced Yield Index Fund | 15.60% | 16.21% | 96.39% | 27.84% | 0.00% | 0.00% | 0.00% | 0.00% |
HISA.NEO Evolve High Interest Savings Account ETF | 2.35% | 2.32% | 3.65% | 4.60% | 2.22% | 0.52% | 0.84% | 0.76% |
Drawdowns
QQQY.TO vs. HISA.NEO - Drawdown Comparison
The maximum QQQY.TO drawdown since its inception was -26.27%, which is greater than HISA.NEO's maximum drawdown of -0.42%. Use the drawdown chart below to compare losses from any high point for QQQY.TO and HISA.NEO.
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Drawdown Indicators
| QQQY.TO | HISA.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.27% | -0.42% | -25.85% |
Max Drawdown (1Y)Largest decline over 1 year | -14.91% | -0.18% | -14.73% |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.42% | — |
Current DrawdownCurrent decline from peak | -9.71% | 0.00% | -9.71% |
Average DrawdownAverage peak-to-trough decline | -3.52% | -0.01% | -3.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.07% | 0.02% | +4.05% |
Volatility
QQQY.TO vs. HISA.NEO - Volatility Comparison
Evolve NASDAQ Technology Enhanced Yield Index Fund (QQQY.TO) has a higher volatility of 8.38% compared to Evolve High Interest Savings Account ETF (HISA.NEO) at 0.08%. This indicates that QQQY.TO's price experiences larger fluctuations and is considered to be riskier than HISA.NEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QQQY.TO | HISA.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.38% | 0.08% | +8.30% |
Volatility (6M)Calculated over the trailing 6-month period | 15.80% | 0.31% | +15.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.54% | 0.35% | +26.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46,649.77% | 0.46% | +46,649.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46,649.77% | 0.48% | +46,649.29% |