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 -13.84% vs 37.87% 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 -8.57% return, which is significantly lower than ^IXIC's 15.44% return.
YQQQ
- 1D
- 0.41%
- 1M
- -6.24%
- YTD
- -8.57%
- 6M
- -6.48%
- 1Y
- -13.84%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
^IXIC
- 1D
- -0.09%
- 1M
- 5.94%
- YTD
- 15.44%
- 6M
- 14.15%
- 1Y
- 37.87%
- 3Y*
- 26.58%
- 5Y*
- 14.20%
- 10Y*
- 18.37%
YQQQ vs. ^IXIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
YQQQ YieldMax Short N100 Option Income Strategy ETF | -8.57% | -9.97% | -4.06% |
^IXIC NASDAQ Composite | 15.44% | 20.36% | 9.75% |
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 16, 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.
| YQQQ | ^IXIC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.45 | ||
| Sortino ratioReturn per unit of downside risk | -4.58 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 1.40 | -0.57 |
| Calmar ratioReturn relative to maximum drawdown | -0.67 | 2.88 | -3.55 |
| Martin ratioReturn relative to average drawdown | -1.61 | 11.23 | -12.84 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| YQQQ | ^IXIC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.11 | 2.34 | -3.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.64 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.84 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.76 | 0.53 | -1.29 |
Drawdowns
YQQQ vs. ^IXIC - Drawdown Comparison
The maximum YQQQ drawdown since its inception was -28.21%, 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 | -28.21% | -77.93% | +49.72% |
Max Drawdown (1Y)Largest decline over 1 year | -20.82% | -13.21% | -7.61% |
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 | -27.87% | -0.97% | -26.90% |
Average DrawdownAverage peak-to-trough decline | -14.25% | -21.40% | +7.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.62% | 3.38% | +5.24% |
Volatility
YQQQ vs. ^IXIC - Volatility Comparison
The current volatility for YieldMax Short N100 Option Income Strategy ETF (YQQQ) is 3.90%, while NASDAQ Composite (^IXIC) has a volatility of 4.23%. 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 | 3.90% | 4.23% | -0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 9.85% | 12.13% | -2.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.50% | 16.24% | -3.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.25% | 22.43% | -6.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.25% | 22.01% | -5.76% |
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 (4.23%) compared to YQQQ (3.90%). In terms of maximum drawdown, YQQQ dropped -28.21% vs ^IXIC's -77.93%.
^IXIC currently has the higher Sharpe Ratio (2.34 vs -1.11), 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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