QXQ vs. HDV
QXQ (SGI Enhanced Nasdaq-100 ETF) and HDV (iShares Core High Dividend ETF) are both exchange-traded funds - QXQ is a Nasdaq-100 fund actively managed by Summit Global Investments, while HDV is a Dividend fund tracking the Morningstar Dividend Yield Focus Index. QXQ is actively managed, while HDV is passively managed. Over the past year, QXQ returned 28.05% vs 25.24% for HDV. Their -0.02 correlation means they have often moved in opposite directions in the past. QXQ charges 0.98%/yr vs 0.08%/yr for HDV.
Performance
QXQ vs. HDV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QXQ achieves a 13.63% return, which is significantly lower than HDV's 19.66% return.
QXQ
- 1D
- 1.59%
- 1M
- -1.86%
- 6M
- 11.58%
- YTD
- 13.63%
- 1Y
- 28.05%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 20.65%
HDV
- 1D
- -0.31%
- 1M
- 2.46%
- 6M
- 10.00%
- YTD
- 19.66%
- 1Y
- 25.24%
- 3Y*
- 15.80%
- 5Y*
- 12.13%
- 10Y*
- 9.57%
- ALL TIME*
- 10.80%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $168.30M | $156.51M | $108.57M | |
| $1.32M | $762.04K | $467.23K |
QXQ vs. HDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QXQ SGI Enhanced Nasdaq-100 ETF | 13.63% | 19.78% | 9.70% |
HDV iShares Core High Dividend ETF | 19.66% | 11.90% | 7.11% |
Correlation
The correlation between QXQ and HDV is -0.19, 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. | -0.19 |
Correlation (All Time) Calculated using the full available price history since Jun 14, 2024 | -0.02 |
The correlation between QXQ and HDV shifts across timeframes, from -0.19 (1 year) to -0.02 (all time), reflecting how their relationship changes across market environments.
QXQ vs. HDV - Sectors Allocation Comparison
Sectors
QXQ
HDV
Technology
Communication Services
Consumer Cyclical
Consumer Defensive
Healthcare
Industrials
Utilities
Basic Materials
Energy
Financial Services
Real Estate
-
Technology
QXQ
HDV
Communication Services
QXQ
HDV
Consumer Cyclical
QXQ
HDV
Consumer Defensive
QXQ
HDV
Healthcare
QXQ
HDV
Industrials
QXQ
HDV
Utilities
QXQ
HDV
Basic Materials
QXQ
HDV
Energy
QXQ
HDV
Financial Services
QXQ
HDV
Real Estate
QXQ
HDV
-
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
QXQ vs. HDV — Risk / Return Rank
QXQ
HDV
QXQ vs. HDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SGI Enhanced Nasdaq-100 ETF (QXQ) and iShares Core High Dividend ETF (HDV). 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 | HDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.87 | ||
| Sortino ratioReturn per unit of downside risk | -1.49 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.41 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.31 | 4.90 | -2.59 |
| Martin ratioReturn relative to average drawdown | 7.53 | 13.39 | -5.86 |
Loading charts...
Drawdowns
QXQ vs. HDV - Drawdown Comparison
The maximum QXQ drawdown since its inception was -22.53%, smaller than the maximum HDV drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for QXQ and HDV.
Loading charts...
Drawdown Indicators
| QXQ | HDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.53% | -37.04% | +14.51% |
Max Drawdown (1Y)Largest decline over 1 year | -12.20% | -5.18% | -7.02% |
Max Drawdown (3Y)Largest decline over 3 years | — | -10.49% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.42% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.04% | — |
Current DrawdownCurrent decline from peak | -6.27% | -1.72% | -4.55% |
Average DrawdownAverage peak-to-trough decline | -3.71% | -3.06% | -0.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.74% | 1.89% | +1.85% |
Volatility
QXQ vs. HDV - Volatility Comparison
SGI Enhanced Nasdaq-100 ETF (QXQ) has a higher volatility of 7.06% compared to iShares Core High Dividend ETF (HDV) at 4.52%. This indicates that QXQ's price experiences larger fluctuations and is considered to be riskier than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QXQ | HDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.06% | 4.52% | +2.54% |
Volatility (6M)Calculated over the trailing 6-month period | 15.79% | 8.66% | +7.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.14% | 10.83% | +8.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.24% | 12.95% | +9.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.24% | 15.79% | +6.45% |
QXQ vs. HDV - Expense Ratio Comparison
QXQ has a 0.98% expense ratio, which is higher than HDV's 0.08% expense ratio.
Dividends
QXQ vs. HDV - Dividend Comparison
QXQ's dividend yield for the trailing twelve months is around 15.78%, more than HDV's 3.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDV iShares Core High Dividend ETF | 3.08% | 3.22% | 3.67% | 3.82% | 3.56% | 3.47% | 4.07% | 3.27% | 3.67% | 3.27% | 3.28% | 3.92% |
QXQ SGI Enhanced Nasdaq-100 ETF | 15.78% | 18.21% | 1.97% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QXQ and HDV have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QXQ has higher volatility (7.06%) compared to HDV (4.52%). In terms of maximum drawdown, QXQ dropped -22.53% vs HDV's -37.04%.
On 1-year performance, QXQ leads with 28.05% vs 25.24% for HDV. On fees, HDV is cheaper at 0.08% per year. On volatility, HDV has been the lower-risk option at 4.52%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, QXQ has performed better with a 28.05% return vs 25.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
HDV is cheaper with a 0.08% expense ratio, compared with 0.98% for QXQ.
QXQ has the higher dividend yield at 15.78%, compared with 3.08% for HDV.
QXQ is categorized as Nasdaq-100, while HDV is Dividend. They also come from different issuers: Summit Global Investments and iShares. Their fees differ too: 0.98% for QXQ and 0.08% for HDV.
HDV currently has the higher Sharpe Ratio (2.34 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.
Find the right allocation for QXQ and HDV
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