QXQ vs. QB

Last updated Jun 24, 2026

QXQ (SGI Enhanced Nasdaq-100 ETF) and QB (ProShares Nasdaq-100 Dynamic Daily Buffer ETF) are both exchange-traded funds - QXQ is a Nasdaq-100 fund actively managed by Summit Global Investments, while QB is a Defined Outcome fund tracking the Nasdaq-100. QXQ is actively managed, while QB is passively managed. Their correlation of 0.81 suggests significant overlap in exposure. QXQ charges 0.98%/yr vs 0.58%/yr for QB.

Performance

QXQ vs. QB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SGI Enhanced Nasdaq-100 ETF (QXQ) and ProShares Nasdaq-100 Dynamic Daily Buffer ETF (QB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QXQ achieves a 16.17% return, which is significantly higher than QB's 9.56% return.

QXQ

• 1D: -2.94%
• 1M: -0.36%
• YTD: 16.17%
• 6M: 15.07%
• 1Y: 36.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QB

• 1D: -1.22%
• 1M: -0.18%
• YTD: 9.56%
• 6M: 9.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QXQ vs. QB - Yearly Performance Comparison

	2026 (YTD)	2025
QXQ SGI Enhanced Nasdaq-100 ETF	16.17%	15.33%
QB ProShares Nasdaq-100 Dynamic Daily Buffer ETF	9.56%	6.10%

Correlation

The correlation between QXQ and QB is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.81

QXQ vs. QB - Sectors Allocation Comparison

Sectors	QXQ	QB
Technology	58.5%	49.9%
Communication Services	14.3%	16.4%
Consumer Cyclical	11.4%	12.5%
Consumer Defensive	6.4%	8.6%
Healthcare	3.7%	5.3%
Industrials	2.8%	3.7%
Utilities	1.2%	1.6%
Basic Materials	1.0%	1.3%
Energy	0.5%	0.6%
Financial Services	0.2%	0.2%
Real Estate	0.1%	0.1%

Return for Risk

QXQ vs. QB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QXQ

QXQ Risk / Return Rank: 68
QXQ Sharpe Ratio Rank: 72
QXQ Sortino Ratio Rank: 66
QXQ Omega Ratio Rank: 67
QXQ Calmar Ratio Rank: 67
QXQ Martin Ratio Rank: 69

QB

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QXQ vs. QB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SGI Enhanced Nasdaq-100 ETF (QXQ) and ProShares Nasdaq-100 Dynamic Daily Buffer ETF (QB). 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	QB	Difference
Sharpe ratio: Return per unit of total volatility	2.09	—	—
Sortino ratio: Return per unit of downside risk	2.74	—	—
Omega ratio: Gain probability vs. loss probability	1.36	—	—
Calmar ratio: Return relative to maximum drawdown	3.03	—	—
Martin ratio: Return relative to average drawdown	11.67	—	—

Drawdowns

QXQ vs. QB - Drawdown Comparison

The maximum QXQ drawdown since its inception was -22.53%, which is greater than QB's maximum drawdown of -3.47%. Use the drawdown chart below to compare losses from any high point for QXQ and QB.

Drawdown Indicators

	QXQ	QB	Difference
Max Drawdown Largest peak-to-trough decline	-22.53%	-3.47%	-19.06%
Max Drawdown (1Y) Largest decline over 1 year	-12.20%	—	—
Current Drawdown Current decline from peak	-4.17%	-1.51%	-2.66%
Average Drawdown Average peak-to-trough decline	-3.61%	-0.41%	-3.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.16%	—	—

Volatility

Volatility by Period

	QXQ	QB	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.58%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.32%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.73%	6.85%	+10.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.15%	6.85%	+15.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.15%	6.85%	+15.30%

QXQ vs. QB - Expense Ratio Comparison

QXQ has a 0.98% expense ratio, which is higher than QB's 0.58% expense ratio.

Dividends

QXQ vs. QB - Dividend Comparison

QXQ's dividend yield for the trailing twelve months is around 15.41%, more than QB's 0.63% yield.

Position	TTM	2025	2024
QB ProShares Nasdaq-100 Dynamic Daily Buffer ETF	0.63%	0.48%	0.00%
QXQ SGI Enhanced Nasdaq-100 ETF	15.41%	18.21%	1.97%

Frequently Asked Questions

Can I hold both QXQ and QB in my portfolio?

QXQ and QB have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QXQ or QB?

On fees, QB is cheaper at 0.58% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QXQ or QB?

QB is cheaper with a 0.58% expense ratio, compared with 0.98% for QXQ.

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

QXQ has the higher dividend yield at 15.41%, compared with 0.63% for QB.

What is the main difference between QXQ and QB?

QXQ is categorized as Nasdaq-100, while QB is Defined Outcome. They also come from different issuers: Summit Global Investments and ProShares. Their fees differ too: 0.98% for QXQ and 0.58% for QB.