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 -25.76% vs 19.72% for QQQI. Their 0.28 correlation means their historical movements had little consistent relationship.
Performance
SNDL vs. QQQI - Performance Comparison
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Returns By Period
In the year-to-date period, SNDL achieves a -26.20% return, which is significantly lower than QQQI's 8.51% return.
SNDL
- 1D
- -0.41%
- 1M
- -10.91%
- 6M
- -19.93%
- YTD
- -26.20%
- 1Y
- -25.76%
- 3Y*
- -6.32%
- 5Y*
- -30.96%
- 10Y*
- —
- ALL TIME*
- -48.62%
QQQI
- 1D
- 1.51%
- 1M
- -1.62%
- 6M
- 6.55%
- YTD
- 8.51%
- 1Y
- 19.72%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 18.71%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $330.38M | $327.04M | $357.36M | |
| $2.72M | $2.42M | $2.79M |
SNDL vs. QQQI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SNDL Sundial Growers Inc. | -26.20% | -7.26% | 26.95% |
QQQI NEOS Nasdaq-100 High Income ETF | 8.51% | 18.62% | 19.44% |
Correlation
The correlation between SNDL and QQQI is 0.23, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jan 30, 2024 | 0.28 |
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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.
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.
| SNDL | QQQI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.62 | ||
| Sortino ratioReturn per unit of downside risk | -1.96 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.22 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.45 | 2.06 | -2.51 |
| Martin ratioReturn relative to average drawdown | -0.64 | 7.38 | -8.02 |
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Drawdowns
SNDL vs. QQQI - Drawdown Comparison
The maximum SNDL drawdown since its inception was -99.08%, 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.
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Drawdown Indicators
| SNDL | QQQI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.08% | -20.00% | -79.08% |
Max Drawdown (1Y)Largest decline over 1 year | -57.37% | -9.61% | -47.76% |
Max Drawdown (3Y)Largest decline over 3 years | -57.37% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -86.96% | — | — |
Current DrawdownCurrent decline from peak | -99.06% | -4.50% | -94.56% |
Average DrawdownAverage peak-to-trough decline | -94.52% | -2.28% | -92.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.31% | 2.68% | +37.63% |
Volatility
SNDL vs. QQQI - Volatility Comparison
Sundial Growers Inc. (SNDL) has a higher volatility of 15.32% compared to NEOS Nasdaq-100 High Income ETF (QQQI) at 6.60%. 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.
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Volatility by Period
| SNDL | QQQI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.32% | 6.60% | +8.72% |
Volatility (6M)Calculated over the trailing 6-month period | 32.44% | 13.71% | +18.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 63.96% | 16.35% | +47.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 70.20% | 17.76% | +52.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 114.01% | 17.76% | +96.25% |
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 14.16%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
QQQI NEOS Nasdaq-100 High Income ETF | 14.16% | 13.82% | 12.85% |
SNDL Sundial Growers Inc. | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SNDL and QQQI have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SNDL has higher volatility (15.32%) compared to QQQI (6.60%). In terms of maximum drawdown, SNDL dropped -99.08% vs QQQI's -20.00%.
QQQI currently has the higher Sharpe Ratio (1.21 vs -0.40), 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.
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