BCCC vs. QYLD

Last updated Apr 1, 2026

Compare and contrast key facts about Global X Bitcoin Covered Call ETF (BCCC) and Global X NASDAQ 100 Covered Call ETF (QYLD).

BCCC and QYLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BCCC is an actively managed fund by Global X. It was launched on Jun 3, 2025. QYLD is a passively managed fund by Global X that tracks the performance of the CBOE NASDAQ-100 Buy Write V2. It was launched on Dec 12, 2013.

Performance

BCCC vs. QYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Bitcoin Covered Call ETF (BCCC) and Global X NASDAQ 100 Covered Call ETF (QYLD). The values are adjusted to include any dividend payments, if applicable.

BCCC vs. QYLD - Yearly Performance Comparison

	2026 (YTD)	2025
BCCC Global X Bitcoin Covered Call ETF	-18.37%	-7.14%
QYLD Global X NASDAQ 100 Covered Call ETF	0.02%	14.66%

Returns By Period

In the year-to-date period, BCCC achieves a -18.37% return, which is significantly lower than QYLD's 0.02% return.

BCCC

• 1D: 1.12%
• 1M: 4.09%
• YTD: -18.37%
• 6M: -31.34%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QYLD

• 1D: 2.69%
• 1M: -1.52%
• YTD: 0.02%
• 6M: 7.09%
• 1Y: 16.31%
• 3Y*: 12.97%
• 5Y*: 6.88%
• 10Y*: 8.89%

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

BCCC vs. QYLD - Expense Ratio Comparison

BCCC has a 0.75% expense ratio, which is higher than QYLD's 0.60% expense ratio.

BCCC

Global X Bitcoin Covered Call ETF

QYLD

Global X NASDAQ 100 Covered Call ETF

Return for Risk

BCCC vs. QYLD — Risk / Return Rank

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

QYLD

QYLD Risk / Return Rank: 72
QYLD Sharpe Ratio Rank: 60
QYLD Sortino Ratio Rank: 67
QYLD Omega Ratio Rank: 83
QYLD Calmar Ratio Rank: 65
QYLD Martin Ratio Rank: 87

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.

BCCC vs. QYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Bitcoin Covered Call ETF (BCCC) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BCCC	QYLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.00	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.47	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.58	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.79	0.55	-1.34

Correlation

The correlation between BCCC and QYLD is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

BCCC vs. QYLD - Dividend Comparison

BCCC's dividend yield for the trailing twelve months is around 51.39%, more than QYLD's 11.92% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BCCC Global X Bitcoin Covered Call ETF	51.39%	29.55%	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	11.92%	11.55%	12.50%	11.78%	13.75%	12.85%	11.16%	9.84%	12.44%	7.69%	9.15%	9.42%

Drawdowns

BCCC vs. QYLD - Drawdown Comparison

The maximum BCCC drawdown since its inception was -41.62%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for BCCC and QYLD.

Drawdown Indicators

	BCCC	QYLD	Difference
Max Drawdown Largest peak-to-trough decline	-41.62%	-24.75%	-16.87%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.84%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.61%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-24.75%	—
Current Drawdown Current decline from peak	-34.76%	-2.41%	-32.35%
Average Drawdown Average peak-to-trough decline	-14.24%	-3.89%	-10.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.64%	—

Volatility

Volatility by Period

	BCCC	QYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.90%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.48%	—
Volatility (1Y) Calculated over the trailing 1-year period	36.66%	16.42%	+20.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.66%	14.84%	+21.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.66%	15.51%	+21.15%