QTR vs. FVC
QTR (Global X NASDAQ 100 Tail Risk ETF) and FVC (First Trust Dorsey Wright Dynamic Focus 5 ETF) are both exchange-traded funds - QTR is a Nasdaq-100 fund tracking the NASDAQ-100 Quarterly Protective Put 90 Index, while FVC is a Hedge Fund fund tracking the Dorsey Wright Dynamic Focus Five Index. Both are passively managed. Over the past 3 years, QTR returned 18.71%/yr vs 8.12%/yr for FVC. A 0.67 correlation means they provide meaningful diversification when combined. QTR charges 0.60%/yr vs 0.71%/yr for FVC.
Performance
QTR vs. FVC - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with QTR having a 12.74% return and FVC slightly higher at 13.25%.
QTR
- 1D
- -1.43%
- 1M
- -1.14%
- 6M
- 10.79%
- YTD
- 12.74%
- 1Y
- 22.89%
- 3Y*
- 18.71%
- 5Y*
- —
- 10Y*
- —
FVC
- 1D
- -2.18%
- 1M
- -2.88%
- 6M
- 7.80%
- YTD
- 13.25%
- 1Y
- 17.58%
- 3Y*
- 8.12%
- 5Y*
- 4.33%
- 10Y*
- 7.87%
QTR vs. FVC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
QTR Global X NASDAQ 100 Tail Risk ETF | 12.74% | 14.52% | 21.46% | 45.53% | -29.94% | 4.16% |
FVC First Trust Dorsey Wright Dynamic Focus 5 ETF | 13.25% | 2.12% | 12.43% | -4.59% | -6.03% | 2.49% |
Correlation
The correlation between QTR and FVC is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Aug 26, 2021 | 0.67 |
The correlation between QTR and FVC shifts across timeframes, from 0.67 (all time) to 0.78 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
QTR vs. FVC — Risk / Return Rank
QTR
FVC
QTR vs. FVC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X NASDAQ 100 Tail Risk ETF (QTR) and First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC). 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 | FVC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.22 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.87 | 1.33 | +0.55 |
| Martin ratioReturn relative to average drawdown | 6.12 | 5.02 | +1.10 |
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Drawdowns
QTR vs. FVC - Drawdown Comparison
The maximum QTR drawdown since its inception was -31.72%, roughly equal to the maximum FVC drawdown of -30.96%. Use the drawdown chart below to compare losses from any high point for QTR and FVC.
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Drawdown Indicators
| QTR | FVC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.72% | -30.96% | -0.76% |
Max Drawdown (1Y)Largest decline over 1 year | -12.29% | -13.32% | +1.03% |
Max Drawdown (3Y)Largest decline over 3 years | -18.99% | -14.75% | -4.24% |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.62% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.96% | — |
Current DrawdownCurrent decline from peak | -4.40% | -5.97% | +1.57% |
Average DrawdownAverage peak-to-trough decline | -8.72% | -7.01% | -1.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.75% | 3.51% | +0.24% |
Volatility
QTR vs. FVC - Volatility Comparison
The current volatility for Global X NASDAQ 100 Tail Risk ETF (QTR) is 7.11%, while First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) has a volatility of 7.82%. This indicates that QTR experiences smaller price fluctuations and is considered to be less risky than FVC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QTR | FVC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.11% | 7.82% | -0.71% |
Volatility (6M)Calculated over the trailing 6-month period | 13.30% | 14.78% | -1.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.32% | 15.72% | +0.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.34% | 16.69% | +1.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.34% | 17.74% | +0.60% |
QTR vs. FVC - Expense Ratio Comparison
QTR has a 0.60% expense ratio, which is lower than FVC's 0.71% expense ratio.
Dividends
QTR vs. FVC - Dividend Comparison
QTR's dividend yield for the trailing twelve months is around 16.57%, more than FVC's 1.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
FVC First Trust Dorsey Wright Dynamic Focus 5 ETF | 1.34% | 2.57% | 0.78% | 1.89% | 1.50% | 0.09% | 0.21% | 1.07% | 0.24% | 0.63% | 0.67% |
QTR Global X NASDAQ 100 Tail Risk ETF | 16.57% | 18.77% | 0.50% | 0.53% | 0.36% | 1.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QTR and FVC have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FVC has higher volatility (7.82%) compared to QTR (7.11%). In terms of maximum drawdown, QTR dropped -31.72% vs FVC's -30.96%.
On 3-year performance, QTR leads with 18.71% vs 8.12% for FVC. On fees, QTR is cheaper at 0.60% per year. On volatility, QTR has been the lower-risk option at 7.11%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, QTR has performed better with a 18.71% return vs 8.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
QTR is cheaper with a 0.60% expense ratio, compared with 0.71% for FVC.
QTR has the higher dividend yield at 16.57%, compared with 1.34% for FVC.
QTR is categorized as Nasdaq-100, while FVC is Hedge Fund. QTR tracks NASDAQ-100 Quarterly Protective Put 90 Index, while FVC tracks Dorsey Wright Dynamic Focus Five Index. They also come from different issuers: Global X and First Trust. Their fees differ too: 0.60% for QTR and 0.71% for FVC.
QTR currently has the higher Sharpe Ratio (1.41 vs 1.13), 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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