RMAX.TO vs. QQC.TO
RMAX.TO (Hamilton REITs YIELD MAXIMIZER ETF) and QQC.TO (Invesco NASDAQ 100 Index ETF CAD Hedged) are both exchange-traded funds - RMAX.TO is a REIT fund managed by Hamilton ETFs, while QQC.TO is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past year, RMAX.TO returned 15.41% vs 37.43% for QQC.TO. At a 0.21 correlation, their price movements are largely independent. RMAX.TO charges 0.79%/yr vs 0.20%/yr for QQC.TO.
Performance
RMAX.TO vs. QQC.TO - Performance Comparison
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Returns By Period
In the year-to-date period, RMAX.TO achieves a 12.71% return, which is significantly lower than QQC.TO's 20.68% return.
RMAX.TO
- 1D
- 0.12%
- 1M
- 3.22%
- YTD
- 12.71%
- 6M
- 13.43%
- 1Y
- 15.41%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QQC.TO
- 1D
- 0.55%
- 1M
- 0.85%
- YTD
- 20.68%
- 6M
- 19.35%
- 1Y
- 37.43%
- 3Y*
- 29.74%
- 5Y*
- 19.33%
- 10Y*
- —
RMAX.TO vs. QQC.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
RMAX.TO Hamilton REITs YIELD MAXIMIZER ETF | 12.71% | 5.39% | 9.49% |
QQC.TO Invesco NASDAQ 100 Index ETF CAD Hedged | 20.68% | 15.38% | 10.57% |
Correlation
The correlation between RMAX.TO and QQC.TO is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jun 20, 2024 | 0.21 |
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Return for Risk
RMAX.TO vs. QQC.TO — Risk / Return Rank
RMAX.TO
QQC.TO
RMAX.TO vs. QQC.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hamilton REITs YIELD MAXIMIZER ETF (RMAX.TO) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO). 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.
| RMAX.TO | QQC.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.79 | ||
| Sortino ratioReturn per unit of downside risk | -0.87 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.40 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.41 | 3.10 | -0.69 |
| Martin ratioReturn relative to average drawdown | 5.78 | 9.64 | -3.86 |
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Drawdowns
RMAX.TO vs. QQC.TO - Drawdown Comparison
The maximum RMAX.TO drawdown since its inception was -15.90%, smaller than the maximum QQC.TO drawdown of -31.81%. Use the drawdown chart below to compare losses from any high point for RMAX.TO and QQC.TO.
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Drawdown Indicators
| RMAX.TO | QQC.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.90% | -31.81% | +15.91% |
Max Drawdown (1Y)Largest decline over 1 year | -6.42% | -12.14% | +5.72% |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.58% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.81% | — |
Current DrawdownCurrent decline from peak | 0.00% | -3.03% | +3.03% |
Average DrawdownAverage peak-to-trough decline | -3.60% | -7.98% | +4.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.67% | 3.89% | -1.22% |
Volatility
RMAX.TO vs. QQC.TO - Volatility Comparison
The current volatility for Hamilton REITs YIELD MAXIMIZER ETF (RMAX.TO) is 3.20%, while Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO) has a volatility of 8.54%. This indicates that RMAX.TO experiences smaller price fluctuations and is considered to be less risky than QQC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RMAX.TO | QQC.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.20% | 8.54% | -5.34% |
Volatility (6M)Calculated over the trailing 6-month period | 8.57% | 13.79% | -5.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.10% | 17.12% | -6.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.91% | 21.12% | -8.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.91% | 21.00% | -8.09% |
RMAX.TO vs. QQC.TO - Expense Ratio Comparison
RMAX.TO has a 0.79% expense ratio, which is higher than QQC.TO's 0.20% expense ratio.
Dividends
RMAX.TO vs. QQC.TO - Dividend Comparison
RMAX.TO's dividend yield for the trailing twelve months is around 10.12%, more than QQC.TO's 0.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
QQC.TO Invesco NASDAQ 100 Index ETF CAD Hedged | 0.32% | 0.39% | 0.45% | 0.54% | 0.91% | 0.56% |
RMAX.TO Hamilton REITs YIELD MAXIMIZER ETF | 10.12% | 10.65% | 4.88% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
RMAX.TO and QQC.TO have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QQC.TO is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QQC.TO is cheaper with a 0.20% expense ratio, compared with 0.79% for RMAX.TO.
RMAX.TO is categorized as REIT, while QQC.TO is Nasdaq-100. They also come from different issuers: Hamilton ETFs and Invesco. Their fees differ too: 0.79% for RMAX.TO and 0.20% for QQC.TO.
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