SNDL vs. QQQI
SNDL (Sundial Growers Inc.) is a stock, while QQQI (NEOS Nasdaq-100 High Income ETF) is Nasdaq-100 fund actively managed by Neos. Over the past year, SNDL returned 10.16% vs 30.41% for QQQI. At a 0.30 correlation, their price movements are largely independent.
Performance
SNDL vs. QQQI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SNDL achieves a -15.06% return, which is significantly lower than QQQI's 13.43% return.
SNDL
- 1D
- -2.08%
- 1M
- -0.70%
- YTD
- -15.06%
- 6M
- -18.97%
- 1Y
- 10.16%
- 3Y*
- -1.60%
- 5Y*
- -33.57%
- 10Y*
- —
QQQI
- 1D
- -0.17%
- 1M
- 6.91%
- YTD
- 13.43%
- 6M
- 12.92%
- 1Y
- 30.41%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SNDL vs. QQQI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SNDL Sundial Growers Inc. | -15.06% | -7.26% | 33.58% |
QQQI NEOS Nasdaq-100 High Income ETF | 13.43% | 18.62% | 19.83% |
Correlation
The correlation between SNDL and QQQI is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jan 31, 2024 | 0.30 |
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
SNDL vs. QQQI — Risk / Return Rank
SNDL
QQQI
SNDL vs. QQQI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sundial Growers Inc. (SNDL) and NEOS Nasdaq-100 High Income ETF (QQQI). 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.
| SNDL | QQQI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.21 | ||
| Sortino ratioReturn per unit of downside risk | -2.30 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.43 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.19 | 3.18 | -2.99 |
| Martin ratioReturn relative to average drawdown | 0.30 | 14.27 | -13.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SNDL | QQQI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.15 | 2.35 | -2.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.48 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.39 | 1.34 | -1.73 |
Drawdowns
SNDL vs. QQQI - Drawdown Comparison
The maximum SNDL drawdown since its inception was -99.07%, which is greater than QQQI's maximum drawdown of -20.00%. Use the drawdown chart below to compare losses from any high point for SNDL and QQQI.
Loading charts...
Drawdown Indicators
| SNDL | QQQI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.07% | -20.00% | -79.07% |
Max Drawdown (1Y)Largest decline over 1 year | -54.17% | -9.61% | -44.56% |
Max Drawdown (3Y)Largest decline over 3 years | -54.34% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -89.57% | — | — |
Current DrawdownCurrent decline from peak | -98.92% | -0.17% | -98.75% |
Average DrawdownAverage peak-to-trough decline | -94.42% | -2.20% | -92.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.40% | 2.14% | +32.26% |
Volatility
SNDL vs. QQQI - Volatility Comparison
Sundial Growers Inc. (SNDL) has a higher volatility of 8.63% compared to NEOS Nasdaq-100 High Income ETF (QQQI) at 2.68%. This indicates that SNDL's price experiences larger fluctuations and is considered to be riskier than QQQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SNDL | QQQI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.63% | 2.68% | +5.95% |
Volatility (6M)Calculated over the trailing 6-month period | 42.64% | 9.85% | +32.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.54% | 12.98% | +55.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.09% | 17.07% | +54.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 114.44% | 17.07% | +97.37% |
Dividends
SNDL vs. QQQI - Dividend Comparison
SNDL has not paid dividends to shareholders, while QQQI's dividend yield for the trailing twelve months is around 13.19%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
QQQI NEOS Nasdaq-100 High Income ETF | 13.19% | 13.82% | 12.85% |
SNDL Sundial Growers Inc. | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SNDL and QQQI have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SNDL has higher volatility (8.63%) compared to QQQI (2.68%). In terms of maximum drawdown, SNDL dropped -99.07% vs QQQI's -20.00%.
QQQI currently has the higher Sharpe Ratio (2.35 vs 0.15), 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 SNDL and QQQI
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