PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
SDAY.NEO vs. QQQ
Performance
Return for Risk
Dividends
Drawdowns
Volatility

SDAY.NEO vs. QQQ

Last updated Apr 2, 2026

Compare and contrast key facts about Hamilton Enhanced U.S. Equity DayMAX™ ETF (SDAY.NEO) and Invesco QQQ ETF (QQQ).

SDAY.NEO and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SDAY.NEO is an actively managed fund by Hamilton Capital. It was launched on Jul 14, 2025. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.

Performance

SDAY.NEO vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Hamilton Enhanced U.S. Equity DayMAX™ ETF (SDAY.NEO) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

SDAY.NEO vs. QQQ - Yearly Performance Comparison

2026 (YTD)2025
SDAY.NEO
Hamilton Enhanced U.S. Equity DayMAX™ ETF		5.24%5.49%
QQQ
Invesco QQQ ETF		-3.56%10.61%
Different Trading Currencies

SDAY.NEO is traded in CAD, while QQQ is traded in USD. To make them comparable, the QQQ values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, SDAY.NEO achieves a 5.24% return, which is significantly higher than QQQ's -4.65% return.

SDAY.NEO

1D
0.30%
1M
-3.12%
YTD
5.24%
6M
4.78%
1Y
—
3Y*
—
5Y*
—
10Y*
—

QQQ

1D
0.00%
1M
-3.34%
YTD
-4.65%
6M
-4.27%
1Y
19.30%
3Y*
23.49%
5Y*
15.23%
10Y*
19.64%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Hamilton Enhanced U.S. Equity DayMAX™ ETF

Invesco QQQ ETF

Often compared with SDAY.NEO:
SDAY.NEO vs. QDAY.NEOSDAY.NEO vs. USCL.TOSDAY.NEO vs. CDAY.NEOSDAY.NEO vs. HYLD.TOSDAY.NEO vs. SCHDSDAY.NEO vs. HMAX.TOSDAY.NEO vs. VFV.TO
Often compared with QQQ:
QQQ vs. SPYQQQ vs. VOOQQQ vs. VGTQQQ vs. TQQQQQQ vs. QQQMQQQ vs. SMHQQQ vs. VUG

SDAY.NEO vs. QQQ - Expense Ratio Comparison

SDAY.NEO has a 0.85% expense ratio, which is higher than QQQ's 0.18% expense ratio.

SDAY.NEO
Hamilton Enhanced U.S. Equity DayMAX™ ETF
QQQ
Invesco QQQ ETF

Return for Risk

SDAY.NEO vs. QQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SDAY.NEO
QQQ
QQQ Risk / Return Rank: 6565
Overall Rank
QQQ Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
QQQ Sortino Ratio Rank: 6363
Sortino Ratio Rank
QQQ Omega Ratio Rank: 6363
Omega Ratio Rank
QQQ Calmar Ratio Rank: 7474
Calmar Ratio Rank
QQQ Martin Ratio Rank: 6969
Martin Ratio Rank
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.

SDAY.NEO vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hamilton Enhanced U.S. Equity DayMAX™ ETF (SDAY.NEO) and Invesco QQQ ETF (QQQ). 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.

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

SDAY.NEO vs. QQQ - Sharpe Ratio Comparison

Loading graphics...

Sharpe Ratios by Period

SDAY.NEOQQQDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

—

0.87

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.74

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.95

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.33

1.09

+0.24

Correlation

The correlation between SDAY.NEO and QQQ is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

SDAY.NEO vs. QQQ - Dividend Comparison

SDAY.NEO's dividend yield for the trailing twelve months is around 11.50%, more than QQQ's 0.48% yield.

TTM20252024202320222021202020192018201720162015
SDAY.NEO
Hamilton Enhanced U.S. Equity DayMAX™ ETF		11.50%8.60%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QQQ
Invesco QQQ ETF		0.48%0.45%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%

Drawdowns

SDAY.NEO vs. QQQ - Drawdown Comparison

The maximum SDAY.NEO drawdown since its inception was -8.27%, smaller than the maximum QQQ drawdown of -31.80%. Use the drawdown chart below to compare losses from any high point for SDAY.NEO and QQQ.

Loading graphics...

Drawdown Indicators

SDAY.NEOQQQDifference

Max Drawdown

Largest peak-to-trough decline

-8.27%

-82.97%

+74.70%

Max Drawdown (1Y)

Largest decline over 1 year

—

-12.62%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-35.12%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-35.12%

—

Current Drawdown

Current decline from peak

-3.72%

-7.86%

+4.14%

Average Drawdown

Average peak-to-trough decline

-1.62%

-32.99%

+31.37%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

3.44%

—

Volatility

SDAY.NEO vs. QQQ - Volatility Comparison

Loading graphics...

Volatility by Period

SDAY.NEOQQQDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

6.32%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

12.66%

—

Volatility (1Y)

Calculated over the trailing 1-year period

11.95%

22.34%

-10.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.95%

20.71%

-8.76%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

11.95%

20.81%

-8.86%