BABI.L vs. QYLD.L
BABI.L (IncomeShares Alibaba (BABA) Options ETP) and QYLD.L (Global X Nasdaq 100 Covered Call UCITS ETF USD (Dist)) are both exchange-traded funds - BABI.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. BABI.L is actively managed, while QYLD.L is passively managed. Over the past year, BABI.L returned -22.60% vs 16.20% for QYLD.L. At a 0.13 correlation, their price movements are largely independent. BABI.L charges 0.55%/yr vs 0.45%/yr for QYLD.L.
Performance
BABI.L vs. QYLD.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BABI.L achieves a -26.04% return, which is significantly lower than QYLD.L's 4.70% return.
BABI.L
- 1D
- 0.00%
- 1M
- -1.75%
- 6M
- -31.29%
- YTD
- -26.04%
- 1Y
- -22.60%
- 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*
- —
BABI.L vs. QYLD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BABI.L IncomeShares Alibaba (BABA) Options ETP | -26.04% | 10,934.08% |
QYLD.L Global X Nasdaq 100 Covered Call UCITS ETF USD (Dist) | 4.70% | 10.98% |
Correlation
The correlation between BABI.L and QYLD.L is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2025 | 0.13 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BABI.L vs. QYLD.L — Risk / Return Rank
BABI.L
QYLD.L
BABI.L vs. QYLD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IncomeShares Alibaba (BABA) Options ETP (BABI.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.
| BABI.L | QYLD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.02 | ||
| Sortino ratioReturn per unit of downside risk | -2.63 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.33 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.38 | 3.44 | -3.82 |
| Martin ratioReturn relative to average drawdown | -0.64 | 15.06 | -15.70 |
Loading charts...
Drawdowns
BABI.L vs. QYLD.L - Drawdown Comparison
The maximum BABI.L drawdown since its inception was -59.96%, 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 BABI.L and QYLD.L.
Loading charts...
Drawdown Indicators
| BABI.L | QYLD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.96% | -21.59% | -38.37% |
Max Drawdown (1Y)Largest decline over 1 year | -59.96% | -4.68% | -55.28% |
Max Drawdown (3Y)Largest decline over 3 years | — | -21.59% | — |
Current DrawdownCurrent decline from peak | -53.07% | -3.81% | -49.26% |
Average DrawdownAverage peak-to-trough decline | -28.94% | -2.76% | -26.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.23% | 1.07% | +34.16% |
Volatility
BABI.L vs. QYLD.L - Volatility Comparison
IncomeShares Alibaba (BABA) Options ETP (BABI.L) has a higher volatility of 12.16% compared to Global X Nasdaq 100 Covered Call UCITS ETF USD (Dist) (QYLD.L) at 5.08%. This indicates that BABI.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.
Loading charts...
Volatility by Period
| BABI.L | QYLD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.16% | 5.08% | +7.08% |
Volatility (6M)Calculated over the trailing 6-month period | 26.41% | 8.46% | +17.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.54% | 9.99% | +45.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9,362.83% | 16.29% | +9,346.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9,362.83% | 16.29% | +9,346.54% |
BABI.L vs. QYLD.L - Expense Ratio Comparison
BABI.L has a 0.55% expense ratio, which is higher than QYLD.L's 0.45% expense ratio.
Dividends
BABI.L vs. QYLD.L - Dividend Comparison
BABI.L's dividend yield for the trailing twelve months is around 63.11%, more than QYLD.L's 11.85% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
BABI.L IncomeShares Alibaba (BABA) Options ETP | 63.11% | 6.93% | 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
BABI.L and QYLD.L have a correlation of 0.13, 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 BABI.L.
BABI.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 BABI.L and 0.45% for QYLD.L.
Find the right allocation for BABI.L and QYLD.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer