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COLO vs. QYLD
Performance
Return for Risk
Dividends
Drawdowns
Volatility

COLO vs. QYLD

Last updated Apr 2, 2026

Compare and contrast key facts about Global X MSCI Colombia ETF (COLO) and Global X NASDAQ 100 Covered Call ETF (QYLD).

COLO and QYLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. COLO is a passively managed fund by Global X that tracks the performance of the MSCI All Colombia Select 25/50 Index. It was launched on Feb 5, 2009. 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. Both COLO and QYLD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

COLO vs. QYLD - Performance Comparison

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

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COLO vs. QYLD - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
COLO
Global X MSCI Colombia ETF		11.42%68.88%4.68%24.92%-21.32%-11.50%-14.60%30.42%-19.88%11.88%
QYLD
Global X NASDAQ 100 Covered Call ETF		0.61%9.28%19.35%22.77%-19.08%10.41%8.72%22.69%-3.07%18.79%

Returns By Period

In the year-to-date period, COLO achieves a 11.42% return, which is significantly higher than QYLD's 0.61% return. Over the past 10 years, COLO has underperformed QYLD with an annualized return of 5.56%, while QYLD has yielded a comparatively higher 8.96% annualized return.

COLO

1D
0.38%
1M
6.29%
YTD
11.42%
6M
27.03%
1Y
52.95%
3Y*
36.24%
5Y*
13.86%
10Y*
5.56%

QYLD

1D
0.58%
1M
-1.11%
YTD
0.61%
6M
7.46%
1Y
16.36%
3Y*
13.19%
5Y*
7.01%
10Y*
8.96%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X MSCI Colombia ETF

Global X NASDAQ 100 Covered Call ETF

Often compared with COLO:
COLO vs. GVALCOLO vs. GRIDCOLO vs. EPUCOLO vs. LRCXCOLO vs. ECHCOLO vs. IEMGCOLO vs. HAP
Often compared with QYLD:
QYLD vs. JEPQQYLD vs. JEPIQYLD vs. QQQQYLD vs. XYLDQYLD vs. RYLDQYLD vs. SCHDQYLD vs. QYLG

COLO vs. QYLD - Expense Ratio Comparison

COLO has a 0.62% expense ratio, which is higher than QYLD's 0.60% expense ratio.

COLO
Global X MSCI Colombia ETF
QYLD
Global X NASDAQ 100 Covered Call ETF

Return for Risk

COLO vs. QYLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
COLO
COLO Risk / Return Rank: 9191
Overall Rank
COLO Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
COLO Sortino Ratio Rank: 9393
Sortino Ratio Rank
COLO Omega Ratio Rank: 9292
Omega Ratio Rank
COLO Calmar Ratio Rank: 9191
Calmar Ratio Rank
COLO Martin Ratio Rank: 8686
Martin Ratio Rank
QYLD
QYLD Risk / Return Rank: 6868
Overall Rank
QYLD Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
QYLD Sortino Ratio Rank: 6161
Sortino Ratio Rank
QYLD Omega Ratio Rank: 7979
Omega Ratio Rank
QYLD Calmar Ratio Rank: 5959
Calmar Ratio Rank
QYLD Martin Ratio Rank: 8585
Martin Ratio Rank
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.

COLO vs. QYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X MSCI Colombia ETF (COLO) 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.

COLOQYLDDifference

Sharpe ratio

Return per unit of total volatility

2.34

1.00

+1.34

Sortino ratio

Return per unit of downside risk

2.90

1.61

+1.29

Omega ratio

Gain probability vs. loss probability

1.41

1.31

+0.10

Calmar ratio

Return relative to maximum drawdown

3.42

1.57

+1.85

Martin ratio

Return relative to average drawdown

11.23

10.32

+0.91

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

COLO vs. QYLD - Sharpe Ratio Comparison

The current COLO Sharpe Ratio is 2.34, which is higher than the QYLD Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of COLO and QYLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

COLOQYLDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.34

1.00

+1.34

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.61

0.47

+0.13

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.22

0.58

-0.36

Sharpe Ratio (All Time)

Calculated using the full available price history

0.22

0.56

-0.34

Correlation

The correlation between COLO and QYLD is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

COLO vs. QYLD - Dividend Comparison

COLO's dividend yield for the trailing twelve months is around 6.74%, less than QYLD's 11.85% yield.

TTM20252024202320222021202020192018201720162015
COLO
Global X MSCI Colombia ETF		6.74%7.51%6.08%6.99%12.55%2.32%3.23%3.04%3.03%1.83%1.48%1.58%
QYLD
Global X NASDAQ 100 Covered Call ETF		11.85%11.55%12.50%11.78%13.75%12.85%11.16%9.84%12.44%7.69%9.15%9.42%

Drawdowns

COLO vs. QYLD - Drawdown Comparison

The maximum COLO drawdown since its inception was -78.91%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for COLO and QYLD.

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Drawdown Indicators

COLOQYLDDifference

Max Drawdown

Largest peak-to-trough decline

-78.91%

-24.75%

-54.16%

Max Drawdown (1Y)

Largest decline over 1 year

-16.37%

-10.84%

-5.53%

Max Drawdown (5Y)

Largest decline over 5 years

-43.86%

-24.61%

-19.25%

Max Drawdown (10Y)

Largest decline over 10 years

-62.75%

-24.75%

-38.00%

Current Drawdown

Current decline from peak

-24.36%

-1.84%

-22.52%

Average Drawdown

Average peak-to-trough decline

-40.47%

-3.89%

-36.58%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.99%

1.65%

+3.34%

Volatility

COLO vs. QYLD - Volatility Comparison

Global X MSCI Colombia ETF (COLO) has a higher volatility of 6.17% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 4.90%. This indicates that COLO's price experiences larger fluctuations and is considered to be riskier than QYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

COLOQYLDDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.17%

4.90%

+1.27%

Volatility (6M)

Calculated over the trailing 6-month period

16.84%

7.50%

+9.34%

Volatility (1Y)

Calculated over the trailing 1-year period

22.77%

16.43%

+6.34%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.98%

14.84%

+8.14%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.34%

15.51%

+9.83%