YQQQ vs. ^IXIC
YQQQ (YieldMax Short N100 Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax, while ^IXIC (NASDAQ Composite) is an index. Over the past year, YQQQ returned -7.48% vs 24.85% for ^IXIC. At a correlation of -0.94, they often move in opposite directions.
Performance
YQQQ vs. ^IXIC - Performance Comparison
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Returns By Period
In the year-to-date period, YQQQ achieves a -4.79% return, which is significantly lower than ^IXIC's 11.36% return.
YQQQ
- 1D
- 0.84%
- 1M
- 4.23%
- 6M
- -4.70%
- YTD
- -4.79%
- 1Y
- -7.48%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
^IXIC
- 1D
- -1.47%
- 1M
- -1.87%
- 6M
- 10.00%
- YTD
- 11.36%
- 1Y
- 24.85%
- 3Y*
- 22.02%
- 5Y*
- 12.40%
- 10Y*
- 17.74%
YQQQ vs. ^IXIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
YQQQ YieldMax Short N100 Option Income Strategy ETF | -4.79% | -9.97% | -5.17% |
^IXIC NASDAQ Composite | 11.36% | 20.36% | 12.32% |
Correlation
The correlation between YQQQ and ^IXIC is -0.94, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.94 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2024 | -0.94 |
The correlation between YQQQ and ^IXIC has been stable across timeframes, ranging from -0.94 to -0.94 - a consistent structural relationship.
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Return for Risk
YQQQ vs. ^IXIC — Risk / Return Rank
YQQQ
^IXIC
YQQQ vs. ^IXIC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Short N100 Option Income Strategy ETF (YQQQ) and NASDAQ Composite (^IXIC). 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.
| YQQQ | ^IXIC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.93 | ||
| Sortino ratioReturn per unit of downside risk | -2.60 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.25 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | 1.89 | -2.23 |
| Martin ratioReturn relative to average drawdown | -0.79 | 6.74 | -7.53 |
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Drawdowns
YQQQ vs. ^IXIC - Drawdown Comparison
The maximum YQQQ drawdown since its inception was -29.10%, smaller than the maximum ^IXIC drawdown of -77.93%. Use the drawdown chart below to compare losses from any high point for YQQQ and ^IXIC.
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Drawdown Indicators
| YQQQ | ^IXIC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.10% | -77.93% | +48.83% |
Max Drawdown (1Y)Largest decline over 1 year | -21.80% | -13.21% | -8.59% |
Max Drawdown (3Y)Largest decline over 3 years | — | -24.32% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -36.40% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.40% | — |
Current DrawdownCurrent decline from peak | -24.89% | -4.47% | -20.42% |
Average DrawdownAverage peak-to-trough decline | -14.96% | -21.36% | +6.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.51% | 3.69% | +5.82% |
Volatility
YQQQ vs. ^IXIC - Volatility Comparison
The current volatility for YieldMax Short N100 Option Income Strategy ETF (YQQQ) is 5.41%, while NASDAQ Composite (^IXIC) has a volatility of 5.74%. This indicates that YQQQ experiences smaller price fluctuations and is considered to be less risky than ^IXIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| YQQQ | ^IXIC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.41% | 5.74% | -0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 11.70% | 14.34% | -2.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.94% | 17.88% | -3.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.55% | 22.71% | -6.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.55% | 22.07% | -5.52% |
Frequently Asked Questions
YQQQ and ^IXIC have a correlation of -0.94, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
^IXIC has higher volatility (5.74%) compared to YQQQ (5.41%). In terms of maximum drawdown, YQQQ dropped -29.10% vs ^IXIC's -77.93%.
^IXIC currently has the higher Sharpe Ratio (1.40 vs -0.54), 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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