- Issuer
- Global X
- Inception Date
- Nov 22, 2022
- Category
- Global Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Global X NASDAQ 100 Covered Call UCITS ETF
- Distribution Policy
- Accumulating
- Asset Class
- Equity
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
QYLU.L Performance Chart
Global X NASDAQ 100 Covered Call UCITS ETF (QYLU.L) is up 8.3% since the beginning of the year. QYLU.L is currently trading at $26 per share.
Loading charts...
Returns By Period
Global X NASDAQ 100 Covered Call UCITS ETF (QYLU.L) has returned 8.26% so far this year and 20.12% over the past 12 months.
Global X NASDAQ 100 Covered Call UCITS ETF
- 1D
- 0.31%
- 1M
- 0.67%
- 6M
- 6.41%
- YTD
- 8.26%
- 1Y
- 20.12%
- 3Y*
- 12.61%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.38%
- 1M
- 0.24%
- 6M
- 9.32%
- YTD
- 10.62%
- 1Y
- 21.28%
- 3Y*
- 18.90%
- 5Y*
- 11.84%
- 10Y*
- 13.36%
QYLU.L Monthly Returns History
Based on dividend-adjusted daily data since Nov 22, 2022, QYLU.L's average daily return is +0.06%, while the average monthly return is +1.20%. At this rate, an investment would double in approximately 4.8 years.
Historically, 71% of months were positive and 29% were negative. The best month was Jan 2023 with a return of +7.3%, while the worst month was Mar 2025 at -6.3%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 3 months.
On a daily basis, QYLU.L closed higher 54% of trading days. The best single day was Apr 8, 2024 with a return of +8.0%, while the worst single day was Apr 5, 2024 at -7.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.06% | -0.17% | -1.97% | 4.71% | 3.93% | 0.71% | -0.12% | 8.26% | |||||
| 2025 | 2.28% | -4.20% | -6.30% | -0.24% | 1.71% | 2.11% | 0.42% | 1.22% | 1.20% | 4.16% | 2.41% | 1.16% | 5.59% |
| 2024 | 2.20% | 1.56% | 2.28% | -1.61% | 0.42% | 3.04% | 0.15% | 2.74% | 2.52% | 0.48% | 3.36% | 3.81% | 22.94% |
| 2023 | 7.28% | -0.00% | 5.03% | 1.80% | 2.70% | 0.69% | 2.16% | -2.34% | -1.88% | -1.22% | 3.59% | 3.18% | 22.59% |
| 2022 | -0.53% | -1.59% | -2.11% |
Benchmark Metrics
Global X NASDAQ 100 Covered Call UCITS ETF has an annualized alpha of 10.05%, beta of 0.31, and R2 of 0.09 versus S&P 500 Index. Calculated based on daily prices since November 22, 2022.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (57.71%) than losses (42.34%) - typical of diversified or defensive assets.
- Beta of 0.31 may look defensive, but with R2 of 0.09 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.09 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 10.05%
- Beta
- 0.31
- R²
- 0.09
- Upside Capture
- 57.71%
- Downside Capture
- 42.34%
Return for Risk
Risk / Return Rank
QYLU.L ranks 69 for risk / return — better than 69% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Global X NASDAQ 100 Covered Call UCITS ETF (QYLU.L) and compare them to S&P 500 Index.
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.
| QYLU.L | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.31 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 4.07 | 2.35 | +1.72 |
| Martin ratioReturn relative to average drawdown | 13.98 | 10.19 | +3.79 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Global X NASDAQ 100 Covered Call UCITS ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Global X NASDAQ 100 Covered Call UCITS ETF was 19.93%, occurring on Apr 7, 2025. Recovery took 141 trading sessions.
The current Global X NASDAQ 100 Covered Call UCITS ETF drawdown is 0.58%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-19.93%Apr 2025 | 1mo 15d | 6mo 24d | 8mo 9dFeb 2025 - Oct 2025 | 2025 selloff2025 |
-7.44%Apr 2024 | 0s | 6d | 6dApr 2024 - Apr 2024 | — |
-7.08%Aug 2024 | 12d | 10d | 22dJul 2024 - Aug 2024 | — |
-6.40%Oct 2023 | 2mo 26d | 1mo 23d | 4mo 19dAug 2023 - Dec 2023 | — |
-5.30%Dec 2022 | 14d | 19d | 1mo 3dDec 2022 - Jan 2023 | Bear market2022 |
Drawdown Indicators
| QYLU.L | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.93% | -56.78% | +36.85% |
Max Drawdown (1Y)Largest decline over 1 year | -4.97% | -9.10% | +4.13% |
Max Drawdown (3Y)Largest decline over 3 years | -19.93% | -18.90% | -1.03% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.58% | -0.49% | -0.09% |
Average DrawdownAverage peak-to-trough decline | -2.42% | -10.70% | +8.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.45% | 2.09% | -0.64% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with QYLU.L
Add Global X NASDAQ 100 Covered Call UCITS ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with QYLU.L