QQQY.TO vs. PAYG.TO

Last updated Jun 3, 2026

QQQY.TO (Evolve NASDAQ Technology Enhanced Yield Index Fund) and PAYG.TO (Brompton Global Equity HighPay ETF) are both exchange-traded funds - QQQY.TO is a Nasdaq-100 fund tracking the NASDAQ-100 Technology Sector Adjusted Market-Cap Weighted™ Index, while PAYG.TO is a Global Equity Income fund actively managed by Brompton. QQQY.TO is passively managed, while PAYG.TO is actively managed. A 0.52 correlation means they provide meaningful diversification when combined.

Performance

QQQY.TO vs. PAYG.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Evolve NASDAQ Technology Enhanced Yield Index Fund (QQQY.TO) and Brompton Global Equity HighPay ETF (PAYG.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QQQY.TO

• 1D: 0.77%
• 1M: 12.42%
• YTD: 20.83%
• 6M: 20.04%
• 1Y: 54.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PAYG.TO

• 1D: 0.36%
• 1M: 4.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QQQY.TO vs. PAYG.TO - Yearly Performance Comparison

	2026 (YTD)
QQQY.TO Evolve NASDAQ Technology Enhanced Yield Index Fund	31.91%
PAYG.TO Brompton Global Equity HighPay ETF	19.15%

Correlation

The correlation between QQQY.TO and PAYG.TO is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 1, 2026	0.52

Return for Risk

QQQY.TO vs. PAYG.TO — Risk / Return Rank

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

QQQY.TO

QQQY.TO Risk / Return Rank: 79
QQQY.TO Sharpe Ratio Rank: 87
QQQY.TO Sortino Ratio Rank: 80
QQQY.TO Omega Ratio Rank: 81
QQQY.TO Calmar Ratio Rank: 73
QQQY.TO Martin Ratio Rank: 75

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.

QQQY.TO vs. PAYG.TO - 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 Brompton Global Equity HighPay ETF (PAYG.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.

	QQQY.TO	PAYG.TO	Difference
Sharpe ratio Return per unit of total volatility	2.90	—	—
Sortino ratio Return per unit of downside risk	3.62	—	—
Omega ratio Gain probability vs. loss probability	1.49	—	—
Calmar ratio Return relative to maximum drawdown	3.72	—	—
Martin ratio Return relative to average drawdown	14.64	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	QQQY.TO	PAYG.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.90	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	7.77	-7.54

Drawdowns

QQQY.TO vs. PAYG.TO - Drawdown Comparison

The maximum QQQY.TO drawdown since its inception was -26.27%, which is greater than PAYG.TO's maximum drawdown of -3.03%. Use the drawdown chart below to compare losses from any high point for QQQY.TO and PAYG.TO.

Drawdown Indicators

	QQQY.TO	PAYG.TO	Difference
Max Drawdown Largest peak-to-trough decline	-26.27%	-3.03%	-23.24%
Max Drawdown (1Y) Largest decline over 1 year	-14.91%	—	—
Current Drawdown Current decline from peak	0.00%	-1.40%	+1.40%
Average Drawdown Average peak-to-trough decline	-4.03%	-0.89%	-3.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.79%	—	—

Volatility

Volatility by Period

	QQQY.TO	PAYG.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.64%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.68%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.75%	24.24%	-5.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1,613.46%	24.24%	+1,589.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1,613.46%	24.24%	+1,589.22%

Dividends

QQQY.TO vs. PAYG.TO - Dividend Comparison

QQQY.TO's dividend yield for the trailing twelve months is around 12.27%, more than PAYG.TO's 2.88% yield.

Position	TTM	2025	2024	2023
PAYG.TO Brompton Global Equity HighPay ETF	2.88%	0.00%	0.00%	0.00%
QQQY.TO Evolve NASDAQ Technology Enhanced Yield Index Fund	12.27%	13.97%	14.09%	2.73%

Frequently Asked Questions

Can I hold both QQQY.TO and PAYG.TO in my portfolio?

QQQY.TO and PAYG.TO have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between QQQY.TO and PAYG.TO?

QQQY.TO is categorized as Nasdaq-100, while PAYG.TO is Global Equity Income. They also come from different issuers: Evolve and Brompton.