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USNQX vs. QQQY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between USNQX and QQQY is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.0
Correlation: 0.9

Performance

USNQX vs. QQQY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USAA Nasdaq 100 Index Fund (USNQX) and Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY). The values are adjusted to include any dividend payments, if applicable.

0.00%10.00%20.00%30.00%40.00%NovemberDecember2025FebruaryMarchApril
21.71%
5.52%
USNQX
QQQY

Key characteristics

Sharpe Ratio

USNQX:

0.38

QQQY:

-0.09

Sortino Ratio

USNQX:

0.71

QQQY:

0.00

Omega Ratio

USNQX:

1.10

QQQY:

1.00

Calmar Ratio

USNQX:

0.43

QQQY:

-0.08

Martin Ratio

USNQX:

1.46

QQQY:

-0.26

Ulcer Index

USNQX:

6.67%

QQQY:

5.94%

Daily Std Dev

USNQX:

25.37%

QQQY:

17.70%

Max Drawdown

USNQX:

-74.36%

QQQY:

-19.05%

Current Drawdown

USNQX:

-12.32%

QQQY:

-14.36%

Returns By Period

In the year-to-date period, USNQX achieves a -7.45% return, which is significantly higher than QQQY's -9.96% return.


USNQX

YTD

-7.45%

1M

-1.85%

6M

-5.99%

1Y

8.21%

5Y*

14.61%

10Y*

14.51%

QQQY

YTD

-9.96%

1M

-6.27%

6M

-11.69%

1Y

-2.71%

5Y*

N/A

10Y*

N/A

*Annualized

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USNQX vs. QQQY - Expense Ratio Comparison

USNQX has a 0.42% expense ratio, which is lower than QQQY's 0.99% expense ratio.


Expense ratio chart for QQQY: current value is 0.99%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
QQQY: 0.99%
Expense ratio chart for USNQX: current value is 0.42%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
USNQX: 0.42%

Risk-Adjusted Performance

USNQX vs. QQQY — Risk-Adjusted Performance Rank

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

USNQX
The Risk-Adjusted Performance Rank of USNQX is 5252
Overall Rank
The Sharpe Ratio Rank of USNQX is 4848
Sharpe Ratio Rank
The Sortino Ratio Rank of USNQX is 5252
Sortino Ratio Rank
The Omega Ratio Rank of USNQX is 5151
Omega Ratio Rank
The Calmar Ratio Rank of USNQX is 5959
Calmar Ratio Rank
The Martin Ratio Rank of USNQX is 5050
Martin Ratio Rank

QQQY
The Risk-Adjusted Performance Rank of QQQY is 1616
Overall Rank
The Sharpe Ratio Rank of QQQY is 1717
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQY is 1616
Sortino Ratio Rank
The Omega Ratio Rank of QQQY is 1616
Omega Ratio Rank
The Calmar Ratio Rank of QQQY is 1616
Calmar Ratio Rank
The Martin Ratio Rank of QQQY is 1616
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

USNQX vs. QQQY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for USAA Nasdaq 100 Index Fund (USNQX) and Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY). 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.


The chart of Sharpe ratio for USNQX, currently valued at 0.38, compared to the broader market-1.000.001.002.003.00
USNQX: 0.38
QQQY: -0.09
The chart of Sortino ratio for USNQX, currently valued at 0.71, compared to the broader market-2.000.002.004.006.008.00
USNQX: 0.71
QQQY: 0.00
The chart of Omega ratio for USNQX, currently valued at 1.10, compared to the broader market0.501.001.502.002.503.00
USNQX: 1.10
QQQY: 1.00
The chart of Calmar ratio for USNQX, currently valued at 0.43, compared to the broader market0.002.004.006.008.0010.00
USNQX: 0.43
QQQY: -0.08
The chart of Martin ratio for USNQX, currently valued at 1.46, compared to the broader market0.0010.0020.0030.0040.0050.00
USNQX: 1.46
QQQY: -0.26

The current USNQX Sharpe Ratio is 0.38, which is higher than the QQQY Sharpe Ratio of -0.09. The chart below compares the historical Sharpe Ratios of USNQX and QQQY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.38
-0.09
USNQX
QQQY

Dividends

USNQX vs. QQQY - Dividend Comparison

USNQX's dividend yield for the trailing twelve months is around 0.43%, less than QQQY's 92.86% yield.


TTM20242023202220212020201920182017201620152014
USNQX
USAA Nasdaq 100 Index Fund
0.43%0.40%0.58%0.28%0.24%0.37%0.55%0.65%0.46%0.50%0.62%0.21%
QQQY
Defiance Nasdaq 100 Enhanced Options Income ETF
92.86%83.34%20.64%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

USNQX vs. QQQY - Drawdown Comparison

The maximum USNQX drawdown since its inception was -74.36%, which is greater than QQQY's maximum drawdown of -19.05%. Use the drawdown chart below to compare losses from any high point for USNQX and QQQY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-12.32%
-14.36%
USNQX
QQQY

Volatility

USNQX vs. QQQY - Volatility Comparison

USAA Nasdaq 100 Index Fund (USNQX) has a higher volatility of 16.83% compared to Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) at 11.24%. This indicates that USNQX's price experiences larger fluctuations and is considered to be riskier than QQQY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
16.83%
11.24%
USNQX
QQQY