QQQY vs. WMT
QQQY (Defiance Nasdaq 100 Enhanced Options Income ETF) is Nasdaq-100 fund actively managed by Defiance, while WMT (Walmart Inc.) is a stock. Over the past year, QQQY returned 29.70% vs 28.71% for WMT. At a 0.13 correlation, their price movements are largely independent.
Performance
QQQY vs. WMT - Performance Comparison
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Returns By Period
In the year-to-date period, QQQY achieves a 15.43% return, which is significantly higher than WMT's 9.07% return.
QQQY
- 1D
- 0.55%
- 1M
- 0.32%
- YTD
- 15.43%
- 6M
- 15.99%
- 1Y
- 29.70%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WMT
- 1D
- 0.45%
- 1M
- -7.93%
- YTD
- 9.07%
- 6M
- 4.13%
- 1Y
- 28.71%
- 3Y*
- 34.18%
- 5Y*
- 22.42%
- 10Y*
- 19.77%
QQQY vs. WMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
QQQY Defiance Nasdaq 100 Enhanced Options Income ETF | 15.43% | 14.96% | 7.70% | 7.19% |
WMT Walmart Inc. | 9.07% | 24.49% | 73.99% | -3.84% |
Correlation
The correlation between QQQY and WMT is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.09 |
Correlation (All Time) Calculated using the full available price history since Sep 14, 2023 | 0.13 |
The correlation between QQQY and WMT shifts across timeframes, from -0.09 (1 year) to 0.13 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
QQQY vs. WMT — Risk / Return Rank
QQQY
WMT
QQQY vs. WMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) and Walmart Inc. (WMT). 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 | WMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.78 | ||
| Sortino ratioReturn per unit of downside risk | +0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.23 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.68 | 1.83 | +0.85 |
| Martin ratioReturn relative to average drawdown | 10.96 | 5.82 | +5.14 |
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Drawdowns
QQQY vs. WMT - Drawdown Comparison
The maximum QQQY drawdown since its inception was -19.05%, smaller than the maximum WMT drawdown of -77.14%. Use the drawdown chart below to compare losses from any high point for QQQY and WMT.
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Drawdown Indicators
| QQQY | WMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.05% | -77.14% | +58.09% |
Max Drawdown (1Y)Largest decline over 1 year | -11.14% | -15.75% | +4.61% |
Max Drawdown (3Y)Largest decline over 3 years | — | -21.93% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.74% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.74% | — |
Current DrawdownCurrent decline from peak | -3.41% | -9.81% | +6.40% |
Average DrawdownAverage peak-to-trough decline | -2.92% | -14.63% | +11.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.72% | 4.94% | -2.22% |
Volatility
QQQY vs. WMT - Volatility Comparison
The current volatility for Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) is 7.00%, while Walmart Inc. (WMT) has a volatility of 9.86%. This indicates that QQQY experiences smaller price fluctuations and is considered to be less risky than WMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QQQY | WMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.00% | 9.86% | -2.86% |
Volatility (6M)Calculated over the trailing 6-month period | 12.87% | 18.49% | -5.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.92% | 23.67% | -8.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.12% | 21.68% | -6.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.12% | 21.73% | -6.61% |
Dividends
QQQY vs. WMT - Dividend Comparison
QQQY's dividend yield for the trailing twelve months is around 35.39%, more than WMT's 0.80% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
WMT Walmart Inc. | 0.80% | 0.84% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% |
Frequently Asked Questions
QQQY and WMT have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WMT has higher volatility (9.86%) compared to QQQY (7.00%). In terms of maximum drawdown, QQQY dropped -19.05% vs WMT's -77.14%.
QQQY currently has the higher Sharpe Ratio (2.00 vs 1.22), 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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