BABW vs. QYLD
BABW (Roundhill BABA WeeklyPay ETF) and QYLD (Global X NASDAQ 100 Covered Call ETF) are both exchange-traded funds - BABW is a Derivative Income fund actively managed by Roundhill, while QYLD is a Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2. BABW is actively managed, while QYLD is passively managed. Their 0.38 correlation means their historical movements had little consistent relationship. BABW charges 0.99%/yr vs 0.60%/yr for QYLD.
Performance
BABW vs. QYLD - Performance Comparison
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Returns By Period
In the year-to-date period, BABW achieves a -16.68% return, which is significantly lower than QYLD's 9.77% return.
BABW
- 1D
- 1.55%
- 1M
- 40.41%
- 6M
- -26.50%
- YTD
- -16.68%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
QYLD
- 1D
- 0.95%
- 1M
- 0.95%
- 6M
- 8.36%
- YTD
- 9.77%
- 1Y
- 21.61%
- 3Y*
- 13.49%
- 5Y*
- 8.10%
- 10Y*
- 9.76%
- ALL TIME*
- 8.72%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $110.31K | $74.82K | $59.98K | |
| $79.91M | $78.00M | $98.98M |
BABW vs. QYLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BABW Roundhill BABA WeeklyPay ETF | -16.68% | -16.98% |
QYLD Global X NASDAQ 100 Covered Call ETF | 9.77% | 4.76% |
Correlation
The correlation between BABW and QYLD is 0.38, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025 | 0.38 |
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Return for Risk
BABW vs. QYLD — Risk / Return Rank
BABW
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QYLD
BABW vs. QYLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill BABA WeeklyPay ETF (BABW) and Global X NASDAQ 100 Covered Call ETF (QYLD). 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.
| BABW | QYLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.40 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.76 | — |
| Martin ratioReturn relative to average drawdown | — | 17.35 | — |
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Drawdowns
BABW vs. QYLD - Drawdown Comparison
The maximum BABW drawdown since its inception was -54.76%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for BABW and QYLD.
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Drawdown Indicators
| BABW | QYLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.76% | -24.75% | -30.01% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.78% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.06% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.61% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.75% | — |
Current DrawdownCurrent decline from peak | -35.40% | -1.07% | -34.33% |
Average DrawdownAverage peak-to-trough decline | -27.02% | -3.81% | -23.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.25% | — |
Volatility
BABW vs. QYLD - Volatility Comparison
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Volatility by Period
| BABW | QYLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.07% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 10.10% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 50.46% | 11.27% | +39.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.46% | 15.06% | +35.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.46% | 15.64% | +34.82% |
BABW vs. QYLD - Expense Ratio Comparison
BABW has a 0.99% expense ratio, which is higher than QYLD's 0.60% expense ratio.
Dividends
BABW vs. QYLD - Dividend Comparison
BABW's dividend yield for the trailing twelve months is around 45.79%, more than QYLD's 11.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BABW Roundhill BABA WeeklyPay ETF | 45.79% | 10.68% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QYLD Global X NASDAQ 100 Covered Call ETF | 11.67% | 11.55% | 12.50% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% |
Frequently Asked Questions
BABW and QYLD have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QYLD is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QYLD is cheaper with a 0.60% expense ratio, compared with 0.99% for BABW.
BABW has the higher dividend yield at 45.79%, compared with 11.67% for QYLD.
BABW is categorized as Derivative Income, while QYLD is Nasdaq-100. They also come from different issuers: Roundhill and Global X. Their fees differ too: 0.99% for BABW and 0.60% for QYLD.
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