XQQQX vs. ONERX

Last updated Aug 1, 2026

XQQQX (Nuveen NASDAQ 100 Dynamic Overwrite Fund) and ONERX (One Rock Fund) are both Large Cap Growth Equities funds. Their 0.78 correlation means they have sometimes moved together and sometimes differently. XQQQX charges 0.92%/yr vs 1.75%/yr for ONERX.

Performance

XQQQX vs. ONERX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen NASDAQ 100 Dynamic Overwrite Fund (XQQQX) and One Rock Fund (ONERX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

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%

ONERX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
XQQQX Nuveen NASDAQ 100 Dynamic Overwrite Fund	$0.00	$0.00	$0.00

XQQQX vs. ONERX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
XQQQX Nuveen NASDAQ 100 Dynamic Overwrite Fund	-0.81%	9.55%	27.22%	35.21%	-27.72%	19.87%	47.09%
ONERX One Rock Fund	61.33%	49.37%	21.76%	72.41%	-42.06%	45.70%	104.46%

Correlation

The correlation between XQQQX and ONERX is 0.59, 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.	0.59
Correlation (3Y) Balances recent behavior with more history.	0.72
Correlation (5Y) Shows whether the relationship held over a longer period.	0.79
Correlation (All Time) Calculated using the full available price history since Mar 13, 2020	0.78

The correlation between XQQQX and ONERX shifts across timeframes, from 0.59 (1 year) to 0.79 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

XQQQX vs. ONERX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

XQQQX

XQQQX Risk / Return Rank: 11
XQQQX Sharpe Ratio Rank: 10
XQQQX Sortino Ratio Rank: 10
XQQQX Omega Ratio Rank: 10
XQQQX Calmar Ratio Rank: 11
XQQQX Martin Ratio Rank: 13

ONERX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

XQQQX vs. ONERX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen NASDAQ 100 Dynamic Overwrite Fund (XQQQX) and One Rock Fund (ONERX). 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	ONERX	Difference
Sharpe ratio: Return per unit of total volatility	0.44	—	—
Sortino ratio: Return per unit of downside risk	0.72	—	—
Omega ratio: Gain probability vs. loss probability	1.09	—	—
Calmar ratio: Return relative to maximum drawdown	0.57	—	—
Martin ratio: Return relative to average drawdown	1.92	—	—

Drawdowns

Drawdown Indicators

	XQQQX	ONERX	Difference
Max Drawdown Largest peak-to-trough decline	-55.29%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-12.18%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.59%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-30.26%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-30.26%	—	—
Current Drawdown Current decline from peak	-7.98%	—	—
Average Drawdown Average peak-to-trough decline	-14.83%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.42%	—	—

Volatility

Volatility by Period

	XQQQX	ONERX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.25%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.90%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.83%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.23%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.33%	—	—

XQQQX vs. ONERX - Expense Ratio Comparison

XQQQX has a 0.92% expense ratio, which is lower than ONERX's 1.75% expense ratio.

Dividends

XQQQX vs. ONERX - Dividend Comparison

XQQQX has not paid dividends to shareholders, while ONERX's dividend yield for the trailing twelve months is around 14.95%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ONERX One Rock Fund	14.95%	24.12%	0.00%	0.00%	10.57%	28.88%	18.66%	0.00%	0.00%	0.00%
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%

Frequently Asked Questions

Can I hold both XQQQX and ONERX in my portfolio?

XQQQX and ONERX have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.