QQQY vs. ENFR
QQQY (Defiance Nasdaq 100 Enhanced Options Income ETF) and ENFR (Alerian Energy Infrastructure ETF) are both exchange-traded funds - QQQY is a Nasdaq-100 fund actively managed by Defiance, while ENFR is a Energy Equities fund tracking the Alerian Midstream Energy Select Index. QQQY is actively managed, while ENFR is passively managed. Over the past year, QQQY returned 29.70% vs 26.50% for ENFR. At a 0.16 correlation, their price movements are largely independent. QQQY charges 0.99%/yr vs 0.35%/yr for ENFR.
Performance
QQQY vs. ENFR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QQQY achieves a 15.43% return, which is significantly lower than ENFR's 25.97% return.
QQQY
- 1D
- 0.55%
- 1M
- 0.32%
- YTD
- 15.43%
- 6M
- 15.99%
- 1Y
- 29.70%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ENFR
- 1D
- 0.73%
- 1M
- 0.52%
- YTD
- 25.97%
- 6M
- 26.39%
- 1Y
- 26.50%
- 3Y*
- 28.39%
- 5Y*
- 19.43%
- 10Y*
- 12.28%
QQQY vs. ENFR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
QQQY Defiance Nasdaq 100 Enhanced Options Income ETF | 15.43% | 14.96% | 7.70% | 7.19% |
ENFR Alerian Energy Infrastructure ETF | 25.97% | 5.88% | 42.17% | 4.92% |
Correlation
The correlation between QQQY and ENFR is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.15 |
Correlation (All Time) Calculated using the full available price history since Sep 14, 2023 | 0.16 |
The correlation between QQQY and ENFR shifts across timeframes, from -0.15 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QQQY vs. ENFR — Risk / Return Rank
QQQY
ENFR
QQQY vs. ENFR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) and Alerian Energy Infrastructure ETF (ENFR). 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.
| QQQY | ENFR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.31 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.68 | 3.08 | -0.40 |
| Martin ratioReturn relative to average drawdown | 10.96 | 8.18 | +2.78 |
Loading charts...
Drawdowns
QQQY vs. ENFR - Drawdown Comparison
The maximum QQQY drawdown since its inception was -19.05%, smaller than the maximum ENFR drawdown of -68.28%. Use the drawdown chart below to compare losses from any high point for QQQY and ENFR.
Loading charts...
Drawdown Indicators
| QQQY | ENFR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.05% | -68.28% | +49.23% |
Max Drawdown (1Y)Largest decline over 1 year | -11.14% | -8.64% | -2.50% |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.58% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.29% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -62.64% | — |
Current DrawdownCurrent decline from peak | -3.41% | -3.91% | +0.50% |
Average DrawdownAverage peak-to-trough decline | -2.92% | -15.95% | +13.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.72% | 3.25% | -0.53% |
Volatility
QQQY vs. ENFR - Volatility Comparison
Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) has a higher volatility of 7.00% compared to Alerian Energy Infrastructure ETF (ENFR) at 5.63%. This indicates that QQQY's price experiences larger fluctuations and is considered to be riskier than ENFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QQQY | ENFR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.00% | 5.63% | +1.37% |
Volatility (6M)Calculated over the trailing 6-month period | 12.87% | 11.48% | +1.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.92% | 14.66% | +0.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.12% | 19.30% | -4.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.12% | 24.67% | -9.55% |
QQQY vs. ENFR - Expense Ratio Comparison
QQQY has a 0.99% expense ratio, which is higher than ENFR's 0.35% expense ratio.
Dividends
QQQY vs. ENFR - Dividend Comparison
QQQY's dividend yield for the trailing twelve months is around 35.39%, more than ENFR's 3.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENFR Alerian Energy Infrastructure ETF | 3.98% | 4.77% | 4.41% | 5.48% | 5.23% | 7.86% | 7.57% | 5.81% | 3.98% | 2.98% | 3.31% | 3.34% |
QQQY Defiance Nasdaq 100 Enhanced Options Income ETF | 35.39% | 45.34% | 83.34% | 20.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QQQY and ENFR have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QQQY has higher volatility (7.00%) compared to ENFR (5.63%). In terms of maximum drawdown, QQQY dropped -19.05% vs ENFR's -68.28%.
On 1-year performance, QQQY leads with 29.70% vs 26.50% for ENFR. On fees, ENFR is cheaper at 0.35% per year. On volatility, ENFR has been the lower-risk option at 5.63%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, QQQY has performed better with a 29.70% return vs 26.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ENFR is cheaper with a 0.35% expense ratio, compared with 0.99% for QQQY.
QQQY has the higher dividend yield at 35.39%, compared with 3.98% for ENFR.
QQQY is categorized as Nasdaq-100, while ENFR is Energy Equities. They also come from different issuers: Defiance and SS&C. Their fees differ too: 0.99% for QQQY and 0.35% for ENFR.
QQQY currently has the higher Sharpe Ratio (2.00 vs 1.82), 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.
Find the right allocation for QQQY and ENFR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer