XQQQX vs. FTQGX
XQQQX (Nuveen NASDAQ 100 Dynamic Overwrite Fund) and FTQGX (Fidelity Focused Stock Fund) are both Large Cap Growth Equities funds. XQQQX is passively managed, while FTQGX is actively managed. Over the past 10 years, XQQQX returned 9.59%/yr vs 17.90%/yr for FTQGX. Their correlation of 0.86 means they have usually moved in the same direction. XQQQX charges 0.92%/yr vs 0.69%/yr for FTQGX.
Performance
XQQQX vs. FTQGX - Performance Comparison
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Returns By Period
In the year-to-date period, XQQQX achieves a -0.81% return, which is significantly lower than FTQGX's 18.58% return. Over the past 10 years, XQQQX has underperformed FTQGX with an annualized return of 9.59%, while FTQGX has yielded a comparatively higher 17.90% annualized return.
XQQQX
- 1D
- 2.92%
- 1M
- -1.45%
- 6M
- -1.29%
- YTD
- -0.81%
- 1Y
- 7.77%
- 3Y*
- 12.35%
- 5Y*
- 7.41%
- 10Y*
- 9.59%
- ALL TIME*
- 4.97%
FTQGX
- 1D
- 2.20%
- 1M
- -5.27%
- 6M
- 14.61%
- YTD
- 18.58%
- 1Y
- 29.14%
- 3Y*
- 24.19%
- 5Y*
- 13.72%
- 10Y*
- 17.90%
- ALL TIME*
- 10.49%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
XQQQX vs. FTQGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XQQQX Nuveen NASDAQ 100 Dynamic Overwrite Fund | -0.81% | 9.55% | 27.22% | 35.21% | -27.72% | 19.87% | 16.62% | 25.33% | -9.38% | 16.84% |
FTQGX Fidelity Focused Stock Fund | 18.58% | 13.65% | 36.95% | 28.94% | -26.68% | 26.91% | 33.41% | 31.44% | 4.90% | 30.66% |
Correlation
The correlation between XQQQX and FTQGX is 0.74, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.74 |
Correlation (3Y) Balances recent behavior with more history. | 0.83 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.87 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.86 |
Correlation (All Time) Calculated using the full available price history since Jan 31, 2007 | 0.86 |
The correlation between XQQQX and FTQGX shifts across timeframes, from 0.74 (1 year) to 0.87 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
XQQQX vs. FTQGX — Risk / Return Rank
XQQQX
FTQGX
XQQQX vs. FTQGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen NASDAQ 100 Dynamic Overwrite Fund (XQQQX) and Fidelity Focused Stock Fund (FTQGX). 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.
| XQQQX | FTQGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.69 | ||
| Sortino ratioReturn per unit of downside risk | -0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.21 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.57 | 2.03 | -1.46 |
| Martin ratioReturn relative to average drawdown | 1.92 | 6.94 | -5.01 |
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Drawdowns
XQQQX vs. FTQGX - Drawdown Comparison
The maximum XQQQX drawdown since its inception was -55.29%, smaller than the maximum FTQGX drawdown of -61.29%. Use the drawdown chart below to compare losses from any high point for XQQQX and FTQGX.
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Drawdown Indicators
| XQQQX | FTQGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.29% | -61.29% | +6.00% |
Max Drawdown (1Y)Largest decline over 1 year | -12.18% | -12.76% | +0.58% |
Max Drawdown (3Y)Largest decline over 3 years | -21.59% | -26.84% | +5.25% |
Max Drawdown (5Y)Largest decline over 5 years | -30.26% | -32.31% | +2.05% |
Max Drawdown (10Y)Largest decline over 10 years | -30.26% | -32.31% | +2.05% |
Current DrawdownCurrent decline from peak | -7.98% | -10.41% | +2.43% |
Average DrawdownAverage peak-to-trough decline | -14.83% | -14.14% | -0.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.42% | 3.73% | -0.31% |
Volatility
XQQQX vs. FTQGX - Volatility Comparison
The current volatility for Nuveen NASDAQ 100 Dynamic Overwrite Fund (XQQQX) is 6.25%, while Fidelity Focused Stock Fund (FTQGX) has a volatility of 6.79%. This indicates that XQQQX experiences smaller price fluctuations and is considered to be less risky than FTQGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XQQQX | FTQGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.25% | 6.79% | -0.54% |
Volatility (6M)Calculated over the trailing 6-month period | 12.90% | 18.80% | -5.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.83% | 22.84% | -7.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.23% | 22.25% | -3.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.33% | 21.83% | -2.50% |
XQQQX vs. FTQGX - Expense Ratio Comparison
XQQQX has a 0.92% expense ratio, which is higher than FTQGX's 0.69% expense ratio.
Dividends
XQQQX vs. FTQGX - Dividend Comparison
XQQQX has not paid dividends to shareholders, while FTQGX's dividend yield for the trailing twelve months is around 10.49%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTQGX Fidelity Focused Stock Fund | 10.49% | 12.44% | 9.94% | 0.61% | 7.96% | 13.53% | 11.41% | 5.07% | 14.71% | 5.89% | 1.08% | 5.91% |
XQQQX Nuveen NASDAQ 100 Dynamic Overwrite Fund | 0.00% | 3.62% | 6.19% | 6.81% | 10.06% | 6.05% | 5.93% | 4.93% | 2.29% | 0.14% | 0.00% | 0.00% |
Frequently Asked Questions
XQQQX and FTQGX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FTQGX has higher volatility (6.79%) compared to XQQQX (6.25%). In terms of maximum drawdown, XQQQX dropped -55.29% vs FTQGX's -61.29%.
FTQGX currently has the higher Sharpe Ratio (1.14 vs 0.44), 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.
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