VALT.TO vs. QQCI.TO
VALT.TO (CI Gold Bullion ETF) and QQCI.TO (Invesco NASDAQ 100 Income Advantage ETF) are both exchange-traded funds - VALT.TO is a Gold fund tracking the No Index (Physical Commodity), while QQCI.TO is a Nasdaq-100 fund actively managed by CI Global Asset Management. VALT.TO is passively managed, while QQCI.TO is actively managed. Over the past year, VALT.TO returned 17.76% vs 23.66% for QQCI.TO. At a 0.07 correlation, their price movements are largely independent. VALT.TO charges 0.17%/yr vs 0.21%/yr for QQCI.TO.
Performance
VALT.TO vs. QQCI.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VALT.TO achieves a -6.93% return, which is significantly lower than QQCI.TO's 12.05% return.
VALT.TO
- 1D
- 0.19%
- 1M
- 1.59%
- 6M
- -19.64%
- YTD
- -6.93%
- 1Y
- 17.76%
- 3Y*
- 25.22%
- 5Y*
- 16.17%
- 10Y*
- —
- ALL TIME*
- 13.95%
QQCI.TO
- 1D
- -0.97%
- 1M
- -2.73%
- 6M
- 10.61%
- YTD
- 12.05%
- 1Y
- 23.66%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 19.57%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$110.99K | CA$82.96K | CA$149.10K | |
VALT.TO CI Gold Bullion ETF | CA$185.75K | CA$223.40K | CA$363.49K |
VALT.TO vs. QQCI.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
VALT.TO CI Gold Bullion ETF | -6.93% | 60.46% | 4.44% |
QQCI.TO Invesco NASDAQ 100 Income Advantage ETF | 12.05% | 12.64% | 11.81% |
Correlation
The correlation between VALT.TO and QQCI.TO is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Aug 19, 2024 | 0.07 |
The correlation between VALT.TO and QQCI.TO shifts across timeframes, from 0.07 (all time) to 0.20 (1 year), reflecting how their relationship changes across market environments.
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
VALT.TO vs. QQCI.TO — Risk / Return Rank
VALT.TO
QQCI.TO
VALT.TO vs. QQCI.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CI Gold Bullion ETF (VALT.TO) and Invesco NASDAQ 100 Income Advantage ETF (QQCI.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.
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.
| VALT.TO | QQCI.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.99 | ||
| Sortino ratioReturn per unit of downside risk | -1.26 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.29 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.66 | 3.12 | -2.46 |
| Martin ratioReturn relative to average drawdown | 1.48 | 9.99 | -8.51 |
Loading charts...
Drawdowns
VALT.TO vs. QQCI.TO - Drawdown Comparison
The maximum VALT.TO drawdown since its inception was -27.07%, which is greater than QQCI.TO's maximum drawdown of -18.95%. Use the drawdown chart below to compare losses from any high point for VALT.TO and QQCI.TO.
Loading charts...
Drawdown Indicators
| VALT.TO | QQCI.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.07% | -18.95% | -8.12% |
Max Drawdown (1Y)Largest decline over 1 year | -27.07% | -7.62% | -19.45% |
Max Drawdown (3Y)Largest decline over 3 years | -27.07% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -27.07% | — | — |
Current DrawdownCurrent decline from peak | -25.75% | -5.79% | -19.96% |
Average DrawdownAverage peak-to-trough decline | -6.25% | -3.03% | -3.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.03% | 2.37% | +9.66% |
Volatility
VALT.TO vs. QQCI.TO - Volatility Comparison
CI Gold Bullion ETF (VALT.TO) has a higher volatility of 6.20% compared to Invesco NASDAQ 100 Income Advantage ETF (QQCI.TO) at 5.36%. This indicates that VALT.TO's price experiences larger fluctuations and is considered to be riskier than QQCI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VALT.TO | QQCI.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.20% | 5.36% | +0.84% |
Volatility (6M)Calculated over the trailing 6-month period | 24.23% | 11.34% | +12.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.23% | 14.66% | +13.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.62% | 15.86% | +2.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.21% | 15.86% | +2.35% |
VALT.TO vs. QQCI.TO - Expense Ratio Comparison
VALT.TO has a 0.17% expense ratio, which is lower than QQCI.TO's 0.21% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VALT.TO vs. QQCI.TO - Dividend Comparison
VALT.TO has not paid dividends to shareholders, while QQCI.TO's dividend yield for the trailing twelve months is around 9.13%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
QQCI.TO Invesco NASDAQ 100 Income Advantage ETF | 9.13% | 9.34% | 3.17% |
VALT.TO CI Gold Bullion ETF | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VALT.TO and QQCI.TO have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VALT.TO is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VALT.TO is cheaper with a 0.17% expense ratio, compared with 0.21% for QQCI.TO.
VALT.TO is categorized as Gold, while QQCI.TO is Nasdaq-100. Their fees differ too: 0.17% for VALT.TO and 0.21% for QQCI.TO.
Find the right allocation for VALT.TO and QQCI.TO
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