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IncomeShares Nasdaq 100 Options (0DTE) ETP (QQQY.L) Sharpe Ratio: 1.67

ETF · Currency in USD · Last updated Jun 26, 2026

The Investment Strategy aims to generate monthly income by selling daily put options on the Nasdaq 100 index or Invesco QQQ Trust with a Daily Option Expiry, while paying a return on the cash held and retaining upside exposure up to the options’ Strike Price.

QQQY.L's Sharpe Ratio of 1.67 indicates that for each unit of volatility, it generates 1.67 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 26, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

QQQY.L Sharpe Ratio Rank

QQQY.L Sharpe Ratio Rank: 56.356
Average

QQQY.L ranks above 56.3% of all investments in our database based on Sharpe Ratio over the past 12 months, showing balanced returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns are proportional to volatility—neither strong nor weak
  • Evaluate whether the volatility profile aligns with your risk tolerance
  • Review higher-ranked alternatives in the same category
  • Monitor rank direction to identify improving or deteriorating trends

QQQY.L Sharpe Ratio Market Positioning

The chart shows QQQY.L's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.86 or lower
  • Yellow zone (middle 50%): 0.86 to 2.12
  • Green zone (top 25%): 2.12 or higher
  • Top 1%: 6.88+
  • Median: 1.57 — half of all investments score higher

How it compares to other similar ETFs

The table compares IncomeShares Nasdaq 100 Options (0DTE) ETP's Sharpe Ratio with other ETFs in the Nasdaq-100, Derivative Income category across multiple time periods, showing how QQQY.L's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 26, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
QYLP.LGlobal X NASDAQ 100 Covered Call UCITS ETF Dis GBP2.57
GOOI.LIncomeShares Alphabet (GOOG) Options ETP2.49
NESP.LInvesco Nasdaq-100 ESG UCITS ETF Acc2.37
EQSG.LInvesco Nasdaq-100 Swap UCITS ETF Acc2.32
EQQQ.LInvesco EQQQ NASDAQ-100 UCITS ETF2.31
XNAQ.LXtrackers Nasdaq 100 UCITS ETF 1C2.31
CNX1.LiShares NASDAQ 100 UCITS ETF USD (Acc)2.31
NASL.LLyxor UCITS Nasdaq-100 D-EUR2.30
ANXG.LAmundi Nasdaq-100 UCITS USD2.30
JEQP.LJPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP2.27
QQQY.LIncomeShares Nasdaq 100 Options (0DTE) ETP1.67

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows QQQY.L's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when QQQY.L consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

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