UMH vs. QQQX

Last updated Jun 26, 2026

UMH (UMH Properties, Inc.) is a stock, while QQQX (Nuveen Nasdaq 100 Dynamic Overwrite Fund) is Derivative Income fund actively managed by Nuveen. Over the past 10 years, UMH returned 8.58%/yr vs 13.30%/yr for QQQX. At a 0.30 correlation, their price movements are largely independent.

Performance

UMH vs. QQQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in UMH Properties, Inc. (UMH) and Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UMH achieves a -2.17% return, which is significantly lower than QQQX's 4.86% return. Over the past 10 years, UMH has underperformed QQQX with an annualized return of 8.58%, while QQQX has yielded a comparatively higher 13.30% annualized return.

UMH

• 1D: -1.37%
• 1M: -2.33%
• YTD: -2.17%
• 6M: -1.98%
• 1Y: -3.36%
• 3Y*: 4.32%
• 5Y*: -3.02%
• 10Y*: 8.58%

QQQX

• 1D: -0.14%
• 1M: -5.59%
• YTD: 4.86%
• 6M: 4.87%
• 1Y: 20.91%
• 3Y*: 14.25%
• 5Y*: 7.86%
• 10Y*: 13.30%

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

UMH vs. QQQX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UMH UMH Properties, Inc.	-2.17%	-11.02%	29.59%	0.21%	-38.67%	91.34%	-0.73%	40.13%	-16.21%	3.70%
QQQX Nuveen Nasdaq 100 Dynamic Overwrite Fund	4.86%	14.87%	25.61%	21.68%	-27.39%	25.32%	15.75%	28.83%	-11.68%	39.19%

Correlation

The correlation between UMH and QQQX is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.30
Correlation (10Y) Calculated over the trailing 10-year period	0.28
Correlation (All Time) Calculated using the full available price history since Feb 1, 2007	0.30

Over the past year, the correlation between UMH and QQQX has dropped to 0.03 - well below their long-term average of 0.30, suggesting their price drivers have been diverging.

Fundamentals

Market Cap UMH : $1.29B QQQX : $1.39B
EPS UMH : $0.25 QQQX : $7.57
PE Ratio UMH : 59.51 QQQX : 3.75
PEG Ratio UMH : 0.75 QQQX : 0.43
PS Ratio UMH : 6.42 QQQX : 8.63
PB Ratio UMH : 2.27 QQQX : 1.01
Total Revenue (TTM) UMH : $200.53M QQQX : $160.60M
Gross Profit (TTM) UMH : $74.67M QQQX : $152.14M
EBITDA (TTM) UMH : $95.11M QQQX : $369.75M

Return for Risk

UMH vs. QQQX — Risk / Return Rank

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

UMH

UMH Risk / Return Rank: 34
UMH Sharpe Ratio Rank: 36
UMH Sortino Ratio Rank: 30
UMH Omega Ratio Rank: 30
UMH Calmar Ratio Rank: 37
UMH Martin Ratio Rank: 37

QQQX

QQQX Risk / Return Rank: 39
QQQX Sharpe Ratio Rank: 32
QQQX Sortino Ratio Rank: 33
QQQX Omega Ratio Rank: 33
QQQX Calmar Ratio Rank: 47
QQQX Martin Ratio Rank: 53

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.

UMH vs. QQQX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UMH Properties, Inc. (UMH) and Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX). 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.

	UMH	QQQX	Difference
Sharpe ratio: Return per unit of total volatility	-0.18	1.37	-1.55
Sortino ratio: Return per unit of downside risk	-0.11	2.00	-2.11
Omega ratio: Gain probability vs. loss probability	0.99	1.26	-0.27
Calmar ratio: Return relative to maximum drawdown	-0.19	2.30	-2.50
Martin ratio: Return relative to average drawdown	-0.37	9.39	-9.76

UMH vs. QQQX - Sharpe Ratio Comparison

The current UMH Sharpe Ratio is -0.18, which is lower than the QQQX Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of UMH and QQQX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

UMH vs. QQQX - Drawdown Comparison

The maximum UMH drawdown since its inception was -62.46%, which is greater than QQQX's maximum drawdown of -57.25%. Use the drawdown chart below to compare losses from any high point for UMH and QQQX.

Drawdown Indicators

	UMH	QQQX	Difference
Max Drawdown Largest peak-to-trough decline	-62.46%	-57.25%	-5.21%
Max Drawdown (1Y) Largest decline over 1 year	-17.43%	-9.11%	-8.32%
Max Drawdown (3Y) Largest decline over 3 years	-27.28%	-22.80%	-4.48%
Max Drawdown (5Y) Largest decline over 5 years	-46.98%	-29.33%	-17.65%
Max Drawdown (10Y) Largest decline over 10 years	-46.98%	-35.96%	-11.02%
Current Drawdown Current decline from peak	-30.67%	-7.88%	-22.79%
Average Drawdown Average peak-to-trough decline	-14.57%	-8.01%	-6.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.21%	2.23%	+6.98%

Volatility

UMH vs. QQQX - Volatility Comparison

UMH Properties, Inc. (UMH) and Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) have volatilities of 6.46% and 6.27%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UMH	QQQX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.46%	6.27%	+0.19%
Volatility (6M) Calculated over the trailing 6-month period	13.53%	12.62%	+0.91%
Volatility (1Y) Calculated over the trailing 1-year period	19.35%	15.29%	+4.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.19%	19.97%	+5.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.93%	21.11%	+8.82%

Dividends

UMH vs. QQQX - Dividend Comparison

UMH's dividend yield for the trailing twelve months is around 5.95%, less than QQQX's 8.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QQQX Nuveen Nasdaq 100 Dynamic Overwrite Fund	8.66%	7.85%	6.73%	7.26%	9.66%	5.85%	6.00%	6.49%	8.40%	5.95%	7.54%	7.23%
UMH UMH Properties, Inc.	5.95%	5.59%	4.50%	5.35%	4.97%	2.78%	4.86%	4.58%	6.08%	4.83%	4.78%	7.11%

Frequently Asked Questions

Can I hold both UMH and QQQX in my portfolio?

UMH and QQQX have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UMH or QQQX?

UMH has higher volatility (6.46%) compared to QQQX (6.27%). In terms of maximum drawdown, UMH dropped -62.46% vs QQQX's -57.25%.

Which has better risk-adjusted returns?

QQQX currently has the higher Sharpe Ratio (1.37 vs -0.18), 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.