SOFI vs. QQC.TO

Last updated Jun 9, 2026

SOFI (SoFi Technologies, Inc.) is a stock, while QQC.TO (Invesco NASDAQ 100 Index ETF CAD Hedged) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 5 years, SOFI returned -6.19%/yr vs 16.73%/yr for QQC.TO. At a 0.48 correlation, their price movements are largely independent.

Performance

SOFI vs. QQC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SoFi Technologies, Inc. (SOFI) and Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SOFI is traded in USD, while QQC.TO is traded in CAD. To make them comparable, the QQC.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, SOFI achieves a -36.97% return, which is significantly lower than QQC.TO's 16.49% return.

SOFI

• 1D: 2.93%
• 1M: 4.76%
• YTD: -36.97%
• 6M: -40.24%
• 1Y: 15.87%
• 3Y*: 26.35%
• 5Y*: -6.19%
• 10Y*: —

QQC.TO

• 1D: 1.41%
• 1M: 0.69%
• YTD: 16.49%
• 6M: 14.92%
• 1Y: 35.29%
• 3Y*: 27.01%
• 5Y*: 16.73%
• 10Y*: —

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

SOFI vs. QQC.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SOFI SoFi Technologies, Inc.	-36.97%	70.00%	54.77%	115.84%	-70.84%	-20.11%
QQC.TO Invesco NASDAQ 100 Index ETF CAD Hedged	16.42%	20.90%	25.14%	55.38%	-32.34%	19.35%

Correlation

The correlation between SOFI and QQC.TO is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.45
Correlation (5Y) Calculated over the trailing 5-year period	0.48
Correlation (All Time) Calculated using the full available price history since May 28, 2021	0.48

Return for Risk

SOFI vs. QQC.TO — Risk / Return Rank

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

SOFI

SOFI Risk / Return Rank: 50
SOFI Sharpe Ratio Rank: 52
SOFI Sortino Ratio Rank: 50
SOFI Omega Ratio Rank: 48
SOFI Calmar Ratio Rank: 50
SOFI Martin Ratio Rank: 49

QQC.TO

QQC.TO Risk / Return Rank: 73
QQC.TO Sharpe Ratio Rank: 82
QQC.TO Sortino Ratio Rank: 76
QQC.TO Omega Ratio Rank: 80
QQC.TO Calmar Ratio Rank: 69
QQC.TO Martin Ratio Rank: 61

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.

SOFI vs. QQC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SoFi Technologies, Inc. (SOFI) 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.

	SOFI	QQC.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.28	2.11	-1.83
Sortino ratio: Return per unit of downside risk	0.76	2.72	-1.96
Omega ratio: Gain probability vs. loss probability	1.09	1.38	-0.29
Calmar ratio: Return relative to maximum drawdown	0.30	3.01	-2.71
Martin ratio: Return relative to average drawdown	0.56	11.06	-10.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SOFI vs. QQC.TO - Sharpe Ratio Comparison

The current SOFI Sharpe Ratio is 0.28, which is lower than the QQC.TO Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of SOFI and QQC.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SOFI	QQC.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.28	2.11	-1.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.09	0.78	-0.87
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	0.79	-0.67

Drawdowns

SOFI vs. QQC.TO - Drawdown Comparison

The maximum SOFI drawdown since its inception was -83.32%, which is greater than QQC.TO's maximum drawdown of -35.81%. Use the drawdown chart below to compare losses from any high point for SOFI and QQC.TO.

Drawdown Indicators

	SOFI	QQC.TO	Difference
Max Drawdown Largest peak-to-trough decline	-83.32%	-35.81%	-47.51%
Max Drawdown (1Y) Largest decline over 1 year	-52.96%	-11.77%	-41.19%
Max Drawdown (3Y) Largest decline over 3 years	-52.96%	-22.85%	-30.11%
Max Drawdown (5Y) Largest decline over 5 years	-81.54%	-35.81%	-45.73%
Current Drawdown Current decline from peak	-48.77%	-3.98%	-44.79%
Average Drawdown Average peak-to-trough decline	-51.23%	-9.17%	-42.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.21%	3.20%	+25.01%

Volatility

SOFI vs. QQC.TO - Volatility Comparison

SoFi Technologies, Inc. (SOFI) has a higher volatility of 17.24% compared to Invesco NASDAQ 100 Index ETF CAD Hedged (QQC.TO) at 6.54%. This indicates that SOFI's price experiences larger fluctuations and is considered to be riskier than QQC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SOFI	QQC.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.24%	6.54%	+10.70%
Volatility (6M) Calculated over the trailing 6-month period	38.62%	12.98%	+25.64%
Volatility (1Y) Calculated over the trailing 1-year period	56.53%	16.80%	+39.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	66.71%	21.68%	+45.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.97%	21.64%	+50.33%

Dividends

SOFI vs. QQC.TO - Dividend Comparison

SOFI has not paid dividends to shareholders, while QQC.TO's dividend yield for the trailing twelve months is around 0.33%.

Position	TTM	2025	2024	2023	2022	2021
QQC.TO Invesco NASDAQ 100 Index ETF CAD Hedged	0.33%	0.39%	0.45%	0.54%	0.91%	0.56%
SOFI SoFi Technologies, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SOFI and QQC.TO in my portfolio?

SOFI and QQC.TO have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.