ANAU.DE vs. QYLE.DE

Last updated Jun 5, 2026

ANAU.DE (AXA IM NASDAQ 100 UCITS ETF - USD Acc) and QYLE.DE (Global X Nasdaq 100 Covered Call UCITS ETF D) are both Nasdaq-100 funds - ANAU.DE tracks the NASDAQ-100 Index while QYLE.DE tracks the Cboe Nasdaq-100 BuyWrite. Both are passively managed. Over the past year, ANAU.DE returned 39.48% vs 18.09% for QYLE.DE. A 0.60 correlation means they provide meaningful diversification when combined. ANAU.DE charges 0.14%/yr vs 0.45%/yr for QYLE.DE.

Performance

ANAU.DE vs. QYLE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AXA IM NASDAQ 100 UCITS ETF - USD Acc (ANAU.DE) and Global X Nasdaq 100 Covered Call UCITS ETF D (QYLE.DE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ANAU.DE is traded in USD, while QYLE.DE is traded in EUR. To make them comparable, the QYLE.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, ANAU.DE achieves a 19.26% return, which is significantly higher than QYLE.DE's 5.29% return.

ANAU.DE

• 1D: -0.69%
• 1M: 6.81%
• YTD: 19.26%
• 6M: 18.67%
• 1Y: 39.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QYLE.DE

• 1D: -0.90%
• 1M: 1.38%
• YTD: 5.29%
• 6M: 7.15%
• 1Y: 18.09%
• 3Y*: 15.81%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ANAU.DE vs. QYLE.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ANAU.DE AXA IM NASDAQ 100 UCITS ETF - USD Acc	19.26%	20.55%	26.51%	13.09%
QYLE.DE Global X Nasdaq 100 Covered Call UCITS ETF D	5.29%	4.29%	29.51%	8.38%

Correlation

The correlation between ANAU.DE and QYLE.DE is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.56
Correlation (All Time) Calculated using the full available price history since Aug 23, 2023	0.60

The correlation between ANAU.DE and QYLE.DE has been stable across timeframes, ranging from 0.56 to 0.60 - a consistent structural relationship.

Return for Risk

ANAU.DE vs. QYLE.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ANAU.DE

ANAU.DE Risk / Return Rank: 76
ANAU.DE Sharpe Ratio Rank: 79
ANAU.DE Sortino Ratio Rank: 79
ANAU.DE Omega Ratio Rank: 75
ANAU.DE Calmar Ratio Rank: 75
ANAU.DE Martin Ratio Rank: 72

QYLE.DE

QYLE.DE Risk / Return Rank: 57
QYLE.DE Sharpe Ratio Rank: 50
QYLE.DE Sortino Ratio Rank: 49
QYLE.DE Omega Ratio Rank: 49
QYLE.DE Calmar Ratio Rank: 78
QYLE.DE Martin Ratio Rank: 60

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ANAU.DE vs. QYLE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AXA IM NASDAQ 100 UCITS ETF - USD Acc (ANAU.DE) and Global X Nasdaq 100 Covered Call UCITS ETF D (QYLE.DE). 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.

	ANAU.DE	QYLE.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.53	1.97	+0.56
Sortino ratio: Return per unit of downside risk	3.49	2.89	+0.61
Omega ratio: Gain probability vs. loss probability	1.43	1.36	+0.07
Calmar ratio: Return relative to maximum drawdown	3.71	3.62	+0.09
Martin ratio: Return relative to average drawdown	13.31	14.95	-1.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ANAU.DE vs. QYLE.DE - Sharpe Ratio Comparison

The current ANAU.DE Sharpe Ratio is 2.53, which is comparable to the QYLE.DE Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of ANAU.DE and QYLE.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ANAU.DE	QYLE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.53	1.97	+0.56
Sharpe Ratio (All Time) Calculated using the full available price history	1.60	1.46	+0.14

Drawdowns

ANAU.DE vs. QYLE.DE - Drawdown Comparison

The maximum ANAU.DE drawdown since its inception was -22.35%, which is greater than QYLE.DE's maximum drawdown of -20.37%. Use the drawdown chart below to compare losses from any high point for ANAU.DE and QYLE.DE.

Drawdown Indicators

	ANAU.DE	QYLE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-22.35%	-20.37%	-1.98%
Max Drawdown (1Y) Largest decline over 1 year	-10.88%	-5.00%	-5.88%
Max Drawdown (3Y) Largest decline over 3 years	—	-20.37%	—
Current Drawdown Current decline from peak	-0.77%	-1.13%	+0.36%
Average Drawdown Average peak-to-trough decline	-2.96%	-2.53%	-0.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.04%	1.22%	+1.82%

Volatility

ANAU.DE vs. QYLE.DE - Volatility Comparison

AXA IM NASDAQ 100 UCITS ETF - USD Acc (ANAU.DE) has a higher volatility of 4.75% compared to Global X Nasdaq 100 Covered Call UCITS ETF D (QYLE.DE) at 2.22%. This indicates that ANAU.DE's price experiences larger fluctuations and is considered to be riskier than QYLE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ANAU.DE	QYLE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.75%	2.22%	+2.53%
Volatility (6M) Calculated over the trailing 6-month period	11.91%	6.40%	+5.51%
Volatility (1Y) Calculated over the trailing 1-year period	15.96%	9.20%	+6.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.40%	12.99%	+5.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.40%	12.99%	+5.41%

ANAU.DE vs. QYLE.DE - Expense Ratio Comparison

ANAU.DE has a 0.14% expense ratio, which is lower than QYLE.DE's 0.45% expense ratio.

Dividends

ANAU.DE vs. QYLE.DE - Dividend Comparison

ANAU.DE has not paid dividends to shareholders, while QYLE.DE's dividend yield for the trailing twelve months is around 8.84%.

Position	TTM	2025	2024	2023
ANAU.DE AXA IM NASDAQ 100 UCITS ETF - USD Acc	0.00%	0.00%	0.00%	0.00%
QYLE.DE Global X Nasdaq 100 Covered Call UCITS ETF D	8.84%	10.67%	15.00%	20.20%

Frequently Asked Questions

Can I hold both ANAU.DE and QYLE.DE in my portfolio?

ANAU.DE and QYLE.DE have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ANAU.DE or QYLE.DE?

On fees, ANAU.DE is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ANAU.DE or QYLE.DE?

ANAU.DE is cheaper with a 0.14% expense ratio, compared with 0.45% for QYLE.DE.

What is the main difference between ANAU.DE and QYLE.DE?

ANAU.DE tracks NASDAQ-100 Index, while QYLE.DE tracks Cboe Nasdaq-100 BuyWrite. They also come from different issuers: AXA IM and Global X. Their fees differ too: 0.14% for ANAU.DE and 0.45% for QYLE.DE.