AMDI.L vs. QYLD.L
AMDI.L (IncomeShares AMD Options ETP) and QYLD.L (Global X Nasdaq 100 Covered Call UCITS ETF USD (Dist)) are both exchange-traded funds - AMDI.L is a Derivative Income fund actively managed by Leverage Shares, while QYLD.L is a Nasdaq-100 fund tracking the Cboe Nasdaq-100 BuyWrite v2 UCITS Index. AMDI.L is actively managed, while QYLD.L is passively managed. Over the past year, AMDI.L returned 109.40% vs 16.20% for QYLD.L. At a 0.43 correlation, their price movements are largely independent. AMDI.L charges 0.55%/yr vs 0.45%/yr for QYLD.L.
Performance
AMDI.L vs. QYLD.L - Performance Comparison
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Returns By Period
In the year-to-date period, AMDI.L achieves a 90.23% return, which is significantly higher than QYLD.L's 4.70% return.
AMDI.L
- 1D
- 0.00%
- 1M
- -4.14%
- 6M
- 75.66%
- YTD
- 90.23%
- 1Y
- 109.40%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QYLD.L
- 1D
- -2.15%
- 1M
- -2.53%
- 6M
- 3.85%
- YTD
- 4.70%
- 1Y
- 16.20%
- 3Y*
- 11.90%
- 5Y*
- —
- 10Y*
- —
AMDI.L vs. QYLD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AMDI.L IncomeShares AMD Options ETP | 90.23% | 12,701.59% |
QYLD.L Global X Nasdaq 100 Covered Call UCITS ETF USD (Dist) | 4.70% | 10.98% |
Correlation
The correlation between AMDI.L and QYLD.L is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2025 | 0.43 |
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Return for Risk
AMDI.L vs. QYLD.L — Risk / Return Rank
AMDI.L
QYLD.L
AMDI.L vs. QYLD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IncomeShares AMD Options ETP (AMDI.L) and Global X Nasdaq 100 Covered Call UCITS ETF USD (Dist) (QYLD.L). 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.
| AMDI.L | QYLD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.33 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.31 | 3.44 | -1.13 |
| Martin ratioReturn relative to average drawdown | 3.94 | 15.06 | -11.13 |
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Drawdowns
AMDI.L vs. QYLD.L - Drawdown Comparison
The maximum AMDI.L drawdown since its inception was -47.34%, which is greater than QYLD.L's maximum drawdown of -21.59%. Use the drawdown chart below to compare losses from any high point for AMDI.L and QYLD.L.
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Drawdown Indicators
| AMDI.L | QYLD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.34% | -21.59% | -25.75% |
Max Drawdown (1Y)Largest decline over 1 year | -47.34% | -4.68% | -42.66% |
Max Drawdown (3Y)Largest decline over 3 years | — | -21.59% | — |
Current DrawdownCurrent decline from peak | -13.02% | -3.81% | -9.21% |
Average DrawdownAverage peak-to-trough decline | -21.05% | -2.76% | -18.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.78% | 1.07% | +26.71% |
Volatility
AMDI.L vs. QYLD.L - Volatility Comparison
IncomeShares AMD Options ETP (AMDI.L) has a higher volatility of 25.29% compared to Global X Nasdaq 100 Covered Call UCITS ETF USD (Dist) (QYLD.L) at 5.08%. This indicates that AMDI.L's price experiences larger fluctuations and is considered to be riskier than QYLD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMDI.L | QYLD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.29% | 5.08% | +20.21% |
Volatility (6M)Calculated over the trailing 6-month period | 46.91% | 8.46% | +38.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 75.12% | 9.99% | +65.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9,768.88% | 16.29% | +9,752.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9,768.88% | 16.29% | +9,752.59% |
AMDI.L vs. QYLD.L - Expense Ratio Comparison
AMDI.L has a 0.55% expense ratio, which is higher than QYLD.L's 0.45% expense ratio.
Dividends
AMDI.L vs. QYLD.L - Dividend Comparison
AMDI.L's dividend yield for the trailing twelve months is around 50.60%, more than QYLD.L's 11.85% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
AMDI.L IncomeShares AMD Options ETP | 50.60% | 8.85% | 0.00% | 0.00% |
QYLD.L Global X Nasdaq 100 Covered Call UCITS ETF USD (Dist) | 11.85% | 11.41% | 12.28% | 10.88% |
Frequently Asked Questions
AMDI.L and QYLD.L have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QYLD.L is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QYLD.L is cheaper with a 0.45% expense ratio, compared with 0.55% for AMDI.L.
AMDI.L is categorized as Derivative Income, while QYLD.L is Nasdaq-100. They also come from different issuers: Leverage Shares and Global X. Their fees differ too: 0.55% for AMDI.L and 0.45% for QYLD.L.
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