XNDX.DE vs. QQQY.DE
XNDX.DE (Xtrackers Nasdaq 100 Swap UCITS ETF 1D USD) and QQQY.DE (IncomeShares Nasdaq 100 Options(0DTE)ETP EUR) are both Nasdaq-100 funds. XNDX.DE is passively managed, while QQQY.DE is actively managed. Over the past year, XNDX.DE returned 11.18% vs 25.48% for QQQY.DE. A 0.75 correlation means they provide meaningful diversification when combined. XNDX.DE charges 0.18%/yr vs 0.45%/yr for QQQY.DE.
Performance
XNDX.DE vs. QQQY.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XNDX.DE achieves a 18.01% return, which is significantly higher than QQQY.DE's 12.30% return.
XNDX.DE
- 1D
- 0.00%
- 1M
- -1.63%
- 6M
- 16.17%
- YTD
- 18.01%
- 1Y
- 11.18%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QQQY.DE
- 1D
- 0.00%
- 1M
- -0.77%
- 6M
- 10.32%
- YTD
- 12.30%
- 1Y
- 25.48%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XNDX.DE vs. QQQY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XNDX.DE Xtrackers Nasdaq 100 Swap UCITS ETF 1D USD | 18.01% | -4.86% |
QQQY.DE IncomeShares Nasdaq 100 Options(0DTE)ETP EUR | 12.30% | 14.48% |
Correlation
The correlation between XNDX.DE and QQQY.DE is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Jul 14, 2025 | 0.75 |
The correlation between XNDX.DE and QQQY.DE has been stable across timeframes, ranging from 0.75 to 0.76 - a consistent structural relationship.
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
XNDX.DE vs. QQQY.DE — Risk / Return Rank
XNDX.DE
QQQY.DE
XNDX.DE vs. QQQY.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Nasdaq 100 Swap UCITS ETF 1D USD (XNDX.DE) and IncomeShares Nasdaq 100 Options(0DTE)ETP EUR (QQQY.DE). 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.
| XNDX.DE | QQQY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.63 | ||
| Sortino ratioReturn per unit of downside risk | -0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.28 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.55 | 1.56 | -1.01 |
| Martin ratioReturn relative to average drawdown | 0.96 | 2.64 | -1.69 |
Loading charts...
Drawdowns
XNDX.DE vs. QQQY.DE - Drawdown Comparison
The maximum XNDX.DE drawdown since its inception was -20.10%, smaller than the maximum QQQY.DE drawdown of -25.57%. Use the drawdown chart below to compare losses from any high point for XNDX.DE and QQQY.DE.
Loading charts...
Drawdown Indicators
| XNDX.DE | QQQY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.10% | -25.57% | +5.47% |
Max Drawdown (1Y)Largest decline over 1 year | -20.10% | -16.34% | -3.76% |
Current DrawdownCurrent decline from peak | -3.50% | -4.18% | +0.68% |
Average DrawdownAverage peak-to-trough decline | -9.61% | -9.27% | -0.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.68% | 9.64% | +2.04% |
Volatility
XNDX.DE vs. QQQY.DE - Volatility Comparison
Xtrackers Nasdaq 100 Swap UCITS ETF 1D USD (XNDX.DE) and IncomeShares Nasdaq 100 Options(0DTE)ETP EUR (QQQY.DE) have volatilities of 5.56% and 5.79%, 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.
Loading charts...
Volatility by Period
| XNDX.DE | QQQY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.56% | 5.79% | -0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 12.39% | 11.16% | +1.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.87% | 25.73% | +5.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.69% | 34.00% | -3.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.69% | 34.00% | -3.31% |
XNDX.DE vs. QQQY.DE - Expense Ratio Comparison
XNDX.DE has a 0.18% expense ratio, which is lower than QQQY.DE's 0.45% expense ratio.
Dividends
XNDX.DE vs. QQQY.DE - Dividend Comparison
XNDX.DE's dividend yield for the trailing twelve months is around 0.10%, less than QQQY.DE's 76.80% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
QQQY.DE IncomeShares Nasdaq 100 Options(0DTE)ETP EUR | 76.80% | 132.50% | 4.14% |
XNDX.DE Xtrackers Nasdaq 100 Swap UCITS ETF 1D USD | 0.10% | 0.00% | 0.00% |
Frequently Asked Questions
XNDX.DE and QQQY.DE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XNDX.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XNDX.DE is cheaper with a 0.18% expense ratio, compared with 0.45% for QQQY.DE.
They also come from different issuers: Xtrackers and Leverage Shares. Their fees differ too: 0.18% for XNDX.DE and 0.45% for QQQY.DE.
Find the right allocation for XNDX.DE and QQQY.DE
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