XEQT.TO vs. QDAY.NEO
XEQT.TO (iShares Core Equity ETF Portfolio) and QDAY.NEO (Hamilton EnhancedTechnology DayMAX™ ETF) are both exchange-traded funds - XEQT.TO is a Global Equities fund actively managed by iShares, while QDAY.NEO is a Derivative Income fund actively managed by Hamilton Capital. Both are actively managed. A 0.72 correlation means they provide meaningful diversification when combined. XEQT.TO charges 0.20%/yr vs 0.85%/yr for QDAY.NEO.
Performance
XEQT.TO vs. QDAY.NEO - Performance Comparison
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Returns By Period
In the year-to-date period, XEQT.TO achieves a 12.26% return, which is significantly lower than QDAY.NEO's 26.01% return.
XEQT.TO
- 1D
- 0.63%
- 1M
- 3.45%
- YTD
- 12.26%
- 6M
- 12.73%
- 1Y
- 30.96%
- 3Y*
- 21.81%
- 5Y*
- 13.69%
- 10Y*
- —
QDAY.NEO
- 1D
- 1.20%
- 1M
- 3.71%
- YTD
- 26.01%
- 6M
- 26.05%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XEQT.TO vs. QDAY.NEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XEQT.TO iShares Core Equity ETF Portfolio | 12.26% | 12.32% |
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF | 26.01% | 14.84% |
Correlation
The correlation between XEQT.TO and QDAY.NEO is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 14, 2025 | 0.72 |
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Return for Risk
XEQT.TO vs. QDAY.NEO — Risk / Return Rank
XEQT.TO
QDAY.NEO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XEQT.TO vs. QDAY.NEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Equity ETF Portfolio (XEQT.TO) and Hamilton EnhancedTechnology DayMAX™ ETF (QDAY.NEO). 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.
| XEQT.TO | QDAY.NEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.45 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.59 | — | — |
| Martin ratioReturn relative to average drawdown | 15.41 | — | — |
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Drawdowns
XEQT.TO vs. QDAY.NEO - Drawdown Comparison
The maximum XEQT.TO drawdown since its inception was -29.74%, which is greater than QDAY.NEO's maximum drawdown of -19.44%. Use the drawdown chart below to compare losses from any high point for XEQT.TO and QDAY.NEO.
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Drawdown Indicators
| XEQT.TO | QDAY.NEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.74% | -19.44% | -10.30% |
Max Drawdown (1Y)Largest decline over 1 year | -8.25% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -15.08% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -19.55% | — | — |
Current DrawdownCurrent decline from peak | -0.84% | -4.21% | +3.37% |
Average DrawdownAverage peak-to-trough decline | -4.09% | -5.25% | +1.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.92% | — | — |
Volatility
XEQT.TO vs. QDAY.NEO - Volatility Comparison
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Volatility by Period
| XEQT.TO | QDAY.NEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.02% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 10.06% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 12.17% | 24.16% | -11.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.21% | 24.16% | -10.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.58% | 24.16% | -8.58% |
XEQT.TO vs. QDAY.NEO - Expense Ratio Comparison
XEQT.TO has a 0.20% expense ratio, which is lower than QDAY.NEO's 0.85% expense ratio.
Dividends
XEQT.TO vs. QDAY.NEO - Dividend Comparison
XEQT.TO's dividend yield for the trailing twelve months is around 1.48%, less than QDAY.NEO's 14.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
QDAY.NEO Hamilton EnhancedTechnology DayMAX™ ETF | 14.53% | 8.78% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XEQT.TO iShares Core Equity ETF Portfolio | 1.48% | 1.66% | 2.03% | 2.09% | 2.14% | 1.66% | 1.69% | 1.21% |
Frequently Asked Questions
XEQT.TO and QDAY.NEO have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XEQT.TO is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XEQT.TO is cheaper with a 0.20% expense ratio, compared with 0.85% for QDAY.NEO.
XEQT.TO is categorized as Global Equities, while QDAY.NEO is Derivative Income. They also come from different issuers: iShares and Hamilton Capital. Their fees differ too: 0.20% for XEQT.TO and 0.85% for QDAY.NEO.
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