QQQY vs. NFLX
QQQY (Defiance Nasdaq 100 Enhanced Options Income ETF) is Nasdaq-100 fund actively managed by Defiance, while NFLX (Netflix, Inc.) is a stock. Over the past year, QQQY returned 34.98% vs -32.62% for NFLX. At a 0.39 correlation, their price movements are largely independent.
Performance
QQQY vs. NFLX - Performance Comparison
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Returns By Period
In the year-to-date period, QQQY achieves a 18.97% return, which is significantly higher than NFLX's -12.89% return.
QQQY
- 1D
- 3.07%
- 1M
- 4.23%
- YTD
- 18.97%
- 6M
- 19.80%
- 1Y
- 34.98%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NFLX
- 1D
- 1.66%
- 1M
- -6.15%
- YTD
- -12.89%
- 6M
- -12.90%
- 1Y
- -32.62%
- 3Y*
- 23.65%
- 5Y*
- 10.65%
- 10Y*
- 24.08%
QQQY vs. NFLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
QQQY Defiance Nasdaq 100 Enhanced Options Income ETF | 18.97% | 14.96% | 7.70% | 7.19% |
NFLX Netflix, Inc. | -12.89% | 5.19% | 83.07% | 18.11% |
Correlation
The correlation between QQQY and NFLX is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Sep 14, 2023 | 0.39 |
Over the past year, the correlation between QQQY and NFLX has dropped to 0.11 - well below their long-term average of 0.39, suggesting their price drivers have been diverging.
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Return for Risk
QQQY vs. NFLX — Risk / Return Rank
QQQY
NFLX
QQQY vs. NFLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) and Netflix, Inc. (NFLX). 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 | NFLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.31 | ||
| Sortino ratioReturn per unit of downside risk | +4.29 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 0.82 | +0.61 |
| Calmar ratioReturn relative to maximum drawdown | 3.15 | -0.76 | +3.91 |
| Martin ratioReturn relative to average drawdown | 12.91 | -1.29 | +14.20 |
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Drawdowns
QQQY vs. NFLX - Drawdown Comparison
The maximum QQQY drawdown since its inception was -19.05%, smaller than the maximum NFLX drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for QQQY and NFLX.
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Drawdown Indicators
| QQQY | NFLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.05% | -81.99% | +62.94% |
Max Drawdown (1Y)Largest decline over 1 year | -11.14% | -43.35% | +32.21% |
Max Drawdown (3Y)Largest decline over 3 years | — | -43.35% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -75.95% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -75.95% | — |
Current DrawdownCurrent decline from peak | -0.45% | -39.01% | +38.56% |
Average DrawdownAverage peak-to-trough decline | -2.92% | -24.91% | +21.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.72% | 25.31% | -22.59% |
Volatility
QQQY vs. NFLX - Volatility Comparison
Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) has a higher volatility of 7.60% compared to Netflix, Inc. (NFLX) at 6.19%. This indicates that QQQY's price experiences larger fluctuations and is considered to be riskier than NFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QQQY | NFLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.60% | 6.19% | +1.41% |
Volatility (6M)Calculated over the trailing 6-month period | 13.19% | 24.59% | -11.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.20% | 33.16% | -17.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.22% | 43.10% | -27.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.22% | 41.51% | -26.29% |
Dividends
QQQY vs. NFLX - Dividend Comparison
QQQY's dividend yield for the trailing twelve months is around 34.34%, while NFLX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
NFLX Netflix, Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
QQQY Defiance Nasdaq 100 Enhanced Options Income ETF | 34.34% | 45.34% | 83.34% | 20.64% |
Frequently Asked Questions
QQQY and NFLX have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QQQY has higher volatility (7.60%) compared to NFLX (6.19%). In terms of maximum drawdown, QQQY dropped -19.05% vs NFLX's -81.99%.
QQQY currently has the higher Sharpe Ratio (2.32 vs -0.99), 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.
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