Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) Sharpe Ratio: 2.80

QYLG's Sharpe Ratio of 2.80 indicates that for each unit of volatility, it generates 2.80 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 3, 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.

QYLG Sharpe Ratio Rank

Exceptional

QYLG ranks above 84.4% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. 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

Suitable as a core holding given strong risk-adjusted returns
Monitor rank changes to detect deteriorating return-to-volatility profile
Exceptional Sharpe ratio supports larger position sizes
Compare with category peers to assess whether strength is investment-specific or category-wide

QYLG Sharpe Ratio Market Positioning

The chart shows QYLG'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%): 0.90 or lower
Yellow zone (middle 50%): 0.90 to 2.51
Green zone (top 25%): 2.51 or higher
Top 1%: 7.68+
Median: 1.76 — half of all investments score higher

How it compares to other similar ETFs

The table compares Global X Nasdaq 100 Covered Call & Growth ETF's Sharpe Ratio with other ETFs in the Nasdaq-100, Derivative Income category across multiple time periods, showing how QYLG'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 3, 2026.

Symbol	Name	1Y Sharpe Ratio
CHPY	YieldMax Semiconductor Portfolio Option Income ETF	5.54
PQAP	PGIM Nasdaq-100 Buffer 12 ETF - April	4.99
NAPR	Innovator Nasdaq-100 Power Buffer ETF - April	4.92
QCAP	FT Vest NASDAQ-100 Conservative Buffer ETF - April	4.33
QMAR	FT Cboe Vest Nasdaq-100 Buffer ETF - March	3.95
GOOY	YieldMax GOOGL Option Income Strategy ETF	3.75
TSMY	YieldMax TSM Option Income Strategy ETF	3.38
GOOP	Kurv Yield Premium Strategy Google ETF	3.32
TYLG	Global X Information Technology Covered Call & Growth ETF	3.30
TDVI	FT Vest Technology Dividend Target Income ETF	3.29
QYLG	Global X Nasdaq 100 Covered Call & Growth ETF	2.80

Benchmark Against

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Historical Sharpe Ratio

The chart shows QYLG'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 QYLG consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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