QXQ vs. DRLL

Last updated Aug 4, 2026

QXQ (SGI Enhanced Nasdaq-100 ETF) and DRLL (Strive U.S. Energy ETF) are both exchange-traded funds - QXQ is a Nasdaq-100 fund actively managed by Summit Global Investments, while DRLL is a Energy Equities fund tracking the Bloomberg US Energy Select Index. QXQ is actively managed, while DRLL is passively managed. Over the past year, QXQ returned 28.05% vs 42.98% for DRLL. Their 0.00 correlation means their historical movements had little consistent relationship. QXQ charges 0.98%/yr vs 0.41%/yr for DRLL.

Performance

QXQ vs. DRLL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SGI Enhanced Nasdaq-100 ETF (QXQ) and Strive U.S. Energy ETF (DRLL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QXQ achieves a 13.63% return, which is significantly lower than DRLL's 34.95% return.

QXQ

• 1D: 1.59%
• 1M: -1.86%
• 6M: 11.58%
• YTD: 13.63%
• 1Y: 28.05%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 20.65%

DRLL

• 1D: -1.27%
• 1M: 12.74%
• 6M: 22.18%
• YTD: 34.95%
• 1Y: 42.98%
• 3Y*: 12.43%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.38%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DRLL Strive U.S. Energy ETF	$486.14K	$506.54K	$559.53K
QXQ SGI Enhanced Nasdaq-100 ETF	$1.32M	$762.04K	$467.23K

QXQ vs. DRLL - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QXQ SGI Enhanced Nasdaq-100 ETF	13.63%	19.78%	9.70%
DRLL Strive U.S. Energy ETF	34.95%	7.74%	-5.07%

Correlation

The correlation between QXQ and DRLL is -0.21, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.21
Correlation (All Time) Calculated using the full available price history since Jun 14, 2024	0.00

The correlation between QXQ and DRLL shifts across timeframes, from -0.21 (1 year) to 0.00 (all time), reflecting how their relationship changes across market environments.

QXQ vs. DRLL - Sectors Allocation Comparison

Sectors	QXQ	DRLL
Technology	60.8%	-
Communication Services	13.0%	-
Consumer Cyclical	10.7%	0.9%
Consumer Defensive	6.2%	-
Healthcare	3.6%	-
Industrials	2.9%	-
Utilities	1.1%	-
Basic Materials	1.0%	-
Energy	0.5%	99.1%
Financial Services	0.2%	-
Real Estate	0.1%	-

Return for Risk

QXQ vs. DRLL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

QXQ

QXQ Risk / Return Rank: 56
QXQ Sharpe Ratio Rank: 56
QXQ Sortino Ratio Rank: 53
QXQ Omega Ratio Rank: 51
QXQ Calmar Ratio Rank: 60
QXQ Martin Ratio Rank: 58

DRLL

DRLL Risk / Return Rank: 68
DRLL Sharpe Ratio Rank: 78
DRLL Sortino Ratio Rank: 71
DRLL Omega Ratio Rank: 70
DRLL Calmar Ratio Rank: 69
DRLL Martin Ratio Rank: 53

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

QXQ vs. DRLL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SGI Enhanced Nasdaq-100 ETF (QXQ) and Strive U.S. Energy ETF (DRLL). 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.

	QXQ	DRLL	Difference
Sharpe ratio: Return per unit of total volatility	1.48	1.88	-0.41
Sortino ratio: Return per unit of downside risk	2.04	2.42	-0.38
Omega ratio: Gain probability vs. loss probability	1.25	1.31	-0.06
Calmar ratio: Return relative to maximum drawdown	2.31	2.54	-0.23
Martin ratio: Return relative to average drawdown	7.53	6.46	+1.07

QXQ vs. DRLL - Sharpe Ratio Comparison

The current QXQ Sharpe Ratio is 1.48, which is comparable to the DRLL Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of QXQ and DRLL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

QXQ vs. DRLL - Drawdown Comparison

The maximum QXQ drawdown since its inception was -22.53%, smaller than the maximum DRLL drawdown of -23.73%. Use the drawdown chart below to compare losses from any high point for QXQ and DRLL.

Drawdown Indicators

	QXQ	DRLL	Difference
Max Drawdown Largest peak-to-trough decline	-22.53%	-23.73%	+1.20%
Max Drawdown (1Y) Largest decline over 1 year	-12.20%	-16.99%	+4.79%
Max Drawdown (3Y) Largest decline over 3 years	—	-23.73%	—
Current Drawdown Current decline from peak	-6.27%	-5.52%	-0.75%
Average Drawdown Average peak-to-trough decline	-3.71%	-8.14%	+4.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.74%	6.67%	-2.93%

Volatility

QXQ vs. DRLL - Volatility Comparison

SGI Enhanced Nasdaq-100 ETF (QXQ) and Strive U.S. Energy ETF (DRLL) have volatilities of 7.06% and 6.98%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QXQ	DRLL	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.06%	6.98%	+0.08%
Volatility (6M) Calculated over the trailing 6-month period	15.79%	18.78%	-2.99%
Volatility (1Y) Calculated over the trailing 1-year period	19.14%	22.98%	-3.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.24%	23.79%	-1.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.24%	23.79%	-1.55%

QXQ vs. DRLL - Expense Ratio Comparison

QXQ has a 0.98% expense ratio, which is higher than DRLL's 0.41% expense ratio.

Dividends

QXQ vs. DRLL - Dividend Comparison

QXQ's dividend yield for the trailing twelve months is around 15.78%, more than DRLL's 2.25% yield.

Position	TTM	2025	2024	2023	2022
DRLL Strive U.S. Energy ETF	2.25%	2.99%	3.00%	3.01%	1.18%
QXQ SGI Enhanced Nasdaq-100 ETF	15.78%	18.21%	1.97%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QXQ and DRLL in my portfolio?

QXQ and DRLL have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QXQ or DRLL?

QXQ has higher volatility (7.06%) compared to DRLL (6.98%). In terms of maximum drawdown, QXQ dropped -22.53% vs DRLL's -23.73%.

Which ETF is better, QXQ or DRLL?

On 1-year performance, DRLL leads with 42.98% vs 28.05% for QXQ. On fees, DRLL is cheaper at 0.41% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QXQ or DRLL?

Over the 1-year period, DRLL has performed better with a 42.98% return vs 28.05%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QXQ or DRLL?

DRLL is cheaper with a 0.41% expense ratio, compared with 0.98% for QXQ.

Which ETF pays a higher dividend yield, QXQ or DRLL?

QXQ has the higher dividend yield at 15.78%, compared with 2.25% for DRLL.

What is the main difference between QXQ and DRLL?

QXQ is categorized as Nasdaq-100, while DRLL is Energy Equities. They also come from different issuers: Summit Global Investments and Strive. Their fees differ too: 0.98% for QXQ and 0.41% for DRLL.

Which has better risk-adjusted returns?

DRLL currently has the higher Sharpe Ratio (1.88 vs 1.48), 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.