CPTL vs. QYLD

Last updated Jul 23, 2026

CPTL (Global X Morningstar Capital Allocation Leaders ETF) and QYLD (Global X NASDAQ 100 Covered Call ETF) are both exchange-traded funds - CPTL is a Large Cap Blend Equities fund tracking the Morningstar US Capital Allocation Leaders Index, while QYLD is a Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2. Both are passively managed. CPTL charges 0.35%/yr vs 0.60%/yr for QYLD.

Performance

CPTL vs. QYLD - Performance Comparison

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

Returns By Period

CPTL

• 1D: -0.24%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

QYLD

• 1D: -0.11%
• 1M: -1.81%
• 6M: 7.11%
• YTD: 8.07%
• 1Y: 20.66%
• 3Y*: 12.92%
• 5Y*: 7.89%
• 10Y*: 9.68%
• ALL TIME*: 8.61%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CPTL Global X Morningstar Capital Allocation Leaders ETF	$950.92K	$950.92K	$950.92K
QYLD Global X NASDAQ 100 Covered Call ETF	$75.15M	$83.02M	$97.82M

CPTL vs. QYLD - Yearly Performance Comparison

	2026 (YTD)
CPTL Global X Morningstar Capital Allocation Leaders ETF	-0.24%
QYLD Global X NASDAQ 100 Covered Call ETF	-0.11%

Return for Risk

CPTL vs. QYLD — Risk / Return Rank

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

CPTL

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

QYLD

QYLD Risk / Return Rank: 85
QYLD Sharpe Ratio Rank: 79
QYLD Sortino Ratio Rank: 79
QYLD Omega Ratio Rank: 85
QYLD Calmar Ratio Rank: 90
QYLD Martin Ratio Rank: 94

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.

CPTL vs. QYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Morningstar Capital Allocation Leaders ETF (CPTL) 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.

	CPTL	QYLD	Difference
Sharpe ratio: Return per unit of total volatility	—	1.92	—
Sortino ratio: Return per unit of downside risk	—	2.70	—
Omega ratio: Gain probability vs. loss probability	—	1.40	—
Calmar ratio: Return relative to maximum drawdown	—	4.18	—
Martin ratio: Return relative to average drawdown	—	19.94	—

Drawdowns

CPTL vs. QYLD - Drawdown Comparison

The maximum CPTL drawdown since its inception was -0.24%, smaller than the maximum QYLD drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for CPTL and QYLD.

Drawdown Indicators

	CPTL	QYLD	Difference
Max Drawdown Largest peak-to-trough decline	-0.24%	-24.75%	+24.51%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.97%	—
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 Drawdown Current decline from peak	-0.24%	-2.60%	+2.36%
Average Drawdown Average peak-to-trough decline	-0.24%	-3.81%	+3.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.04%	—

Volatility

Volatility by Period

	CPTL	QYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.38%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.62%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	10.84%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	14.99%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	15.60%	—

CPTL vs. QYLD - Expense Ratio Comparison

CPTL has a 0.35% expense ratio, which is lower than QYLD's 0.60% expense ratio.

Dividends

CPTL vs. QYLD - Dividend Comparison

CPTL has not paid dividends to shareholders, while QYLD's dividend yield for the trailing twelve months is around 11.85%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CPTL Global X Morningstar Capital Allocation Leaders ETF	0.00%	0.00%	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	11.85%	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

Which ETF is better, CPTL or QYLD?

On fees, CPTL is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CPTL or QYLD?

CPTL is cheaper with a 0.35% expense ratio, compared with 0.60% for QYLD.

Which ETF pays a higher dividend yield, CPTL or QYLD?

QYLD has the higher dividend yield at 11.85%, compared with 0.00% for CPTL.

What is the main difference between CPTL and QYLD?

CPTL is categorized as Large Cap Blend Equities, while QYLD is Nasdaq-100. CPTL tracks Morningstar US Capital Allocation Leaders Index, while QYLD tracks CBOE NASDAQ-100 Buy Write V2. Their fees differ too: 0.35% for CPTL and 0.60% for QYLD.