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 -11.10% vs 26.96% 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 -6.68% return, which is significantly lower than ^IXIC's 9.11% return.
YQQQ
- 1D
- 0.00%
- 1M
- 0.95%
- YTD
- -6.68%
- 6M
- -5.48%
- 1Y
- -11.10%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
^IXIC
- 1D
- -0.46%
- 1M
- -4.87%
- YTD
- 9.11%
- 6M
- 7.39%
- 1Y
- 26.96%
- 3Y*
- 23.89%
- 5Y*
- 12.04%
- 10Y*
- 18.63%
YQQQ vs. ^IXIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
YQQQ YieldMax Short N100 Option Income Strategy ETF | -6.68% | -9.97% | -5.17% |
^IXIC NASDAQ Composite | 9.11% | 20.36% | 12.32% |
Correlation
The correlation between YQQQ and ^IXIC is -0.95, 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 | -0.95 |
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 -0.95 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 | -2.36 | ||
| Sortino ratioReturn per unit of downside risk | -3.18 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 1.27 | -0.40 |
| Calmar ratioReturn relative to maximum drawdown | -0.51 | 2.05 | -2.56 |
| Martin ratioReturn relative to average drawdown | -1.29 | 7.60 | -8.89 |
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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 | -26.38% | -6.40% | -19.98% |
Average DrawdownAverage peak-to-trough decline | -14.62% | -21.38% | +6.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.81% | 3.56% | +5.25% |
Volatility
YQQQ vs. ^IXIC - Volatility Comparison
The current volatility for YieldMax Short N100 Option Income Strategy ETF (YQQQ) is 5.98%, while NASDAQ Composite (^IXIC) has a volatility of 7.54%. 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 | 5.98% | 7.54% | -1.56% |
Volatility (6M)Calculated over the trailing 6-month period | 11.17% | 13.82% | -2.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.59% | 17.54% | -3.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.56% | 22.65% | -6.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.56% | 22.08% | -5.52% |
Frequently Asked Questions
YQQQ and ^IXIC have a correlation of -0.95, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
^IXIC has higher volatility (7.54%) compared to YQQQ (5.98%). In terms of maximum drawdown, YQQQ dropped -29.10% vs ^IXIC's -77.93%.
^IXIC currently has the higher Sharpe Ratio (1.54 vs -0.82), 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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