QTR vs. BALQ
QTR (Global X NASDAQ 100 Tail Risk ETF) and BALQ (iShares Nasdaq Premium Income Active ETF) are both Nasdaq-100 funds. QTR is passively managed, while BALQ is actively managed. Their 0.99 correlation means they have historically moved very closely together. QTR charges 0.60%/yr vs 0.35%/yr for BALQ.
Performance
QTR vs. BALQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QTR achieves a 9.22% return, which is significantly lower than BALQ's 16.24% return.
QTR
- 1D
- 0.35%
- 1M
- -3.59%
- 6M
- 8.37%
- YTD
- 9.22%
- 1Y
- 19.33%
- 3Y*
- 17.27%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 10.19%
BALQ
- 1D
- 1.14%
- 1M
- -1.78%
- 6M
- 13.78%
- YTD
- 16.24%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $303.15K | $247.56K | $176.54K | |
| $20.65K | $23.70K | $62.72K |
QTR vs. BALQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QTR Global X NASDAQ 100 Tail Risk ETF | 9.22% | -1.45% |
BALQ iShares Nasdaq Premium Income Active ETF | 16.24% | 0.04% |
Correlation
The correlation between QTR and BALQ is 0.99 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 3, 2025 | 0.99 |
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
QTR vs. BALQ — Risk / Return Rank
QTR
BALQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QTR vs. BALQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X NASDAQ 100 Tail Risk ETF (QTR) and iShares Nasdaq Premium Income Active ETF (BALQ). 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.
| QTR | BALQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.18 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.41 | — | — |
| Martin ratioReturn relative to average drawdown | 4.26 | — | — |
Loading charts...
Drawdowns
QTR vs. BALQ - Drawdown Comparison
The maximum QTR drawdown since its inception was -31.72%, which is greater than BALQ's maximum drawdown of -11.79%. Use the drawdown chart below to compare losses from any high point for QTR and BALQ.
Loading charts...
Drawdown Indicators
| QTR | BALQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.72% | -11.79% | -19.93% |
Max Drawdown (1Y)Largest decline over 1 year | -12.29% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -18.99% | — | — |
Current DrawdownCurrent decline from peak | -7.38% | -5.61% | -1.77% |
Average DrawdownAverage peak-to-trough decline | -8.69% | -2.72% | -5.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.06% | — | — |
Volatility
QTR vs. BALQ - Volatility Comparison
Loading charts...
Volatility by Period
| QTR | BALQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.46% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 13.49% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 16.64% | 21.51% | -4.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.30% | 21.51% | -3.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.30% | 21.51% | -3.21% |
QTR vs. BALQ - Expense Ratio Comparison
QTR has a 0.60% expense ratio, which is higher than BALQ's 0.35% expense ratio.
Dividends
QTR vs. BALQ - Dividend Comparison
QTR's dividend yield for the trailing twelve months is around 17.10%, more than BALQ's 6.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
BALQ iShares Nasdaq Premium Income Active ETF | 6.19% | 0.95% | 0.00% | 0.00% | 0.00% | 0.00% |
QTR Global X NASDAQ 100 Tail Risk ETF | 17.10% | 18.77% | 0.50% | 0.53% | 0.36% | 1.90% |
Frequently Asked Questions
With a correlation of 0.99, QTR and BALQ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, BALQ is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BALQ is cheaper with a 0.35% expense ratio, compared with 0.60% for QTR.
QTR has the higher dividend yield at 17.10%, compared with 6.19% for BALQ.
They also come from different issuers: Global X and iShares. Their fees differ too: 0.60% for QTR and 0.35% for BALQ.
Find the right allocation for QTR and BALQ
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