DRIV vs. QYLD

Last updated Jul 28, 2026

DRIV (Global X Autonomous & Electric Vehicles ETF) and QYLD (Global X NASDAQ 100 Covered Call ETF) are both exchange-traded funds - DRIV is a Global Equities fund tracking the Solactive Autonomous & Electric Vehicles Index, while QYLD is a Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2. Both are passively managed. Over the past 5 years, DRIV returned 4.90%/yr vs 7.60%/yr for QYLD. Their 0.72 correlation means they have sometimes moved together and sometimes differently. DRIV charges 0.68%/yr vs 0.60%/yr for QYLD.

Performance

DRIV vs. QYLD - Performance Comparison

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

Returns By Period

In the year-to-date period, DRIV achieves a 13.45% return, which is significantly higher than QYLD's 6.55% return.

DRIV

• 1D: 0.14%
• 1M: -9.42%
• 6M: 2.21%
• YTD: 13.45%
• 1Y: 34.04%
• 3Y*: 8.29%
• 5Y*: 4.90%
• 10Y*: —
• ALL TIME*: 11.52%

QYLD

• 1D: -0.06%
• 1M: -0.75%
• 6M: 4.66%
• YTD: 6.55%
• 1Y: 18.19%
• 3Y*: 11.98%
• 5Y*: 7.60%
• 10Y*: 9.48%
• ALL TIME*: 8.48%

*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)
DRIV Global X Autonomous & Electric Vehicles ETF	$1.00M	$1.79M	$2.96M
QYLD Global X NASDAQ 100 Covered Call ETF	$82.11M	$76.21M	$98.23M

DRIV vs. QYLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
DRIV Global X Autonomous & Electric Vehicles ETF	13.45%	30.42%	-5.04%	26.14%	-34.13%	27.80%	62.76%	28.54%	-21.03%
QYLD Global X NASDAQ 100 Covered Call ETF	6.55%	9.28%	19.35%	22.77%	-19.08%	10.41%	8.72%	22.69%	-4.45%

Correlation

The correlation between DRIV and QYLD is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.75
Correlation (3Y) Balances recent behavior with more history.	0.71
Correlation (5Y) Shows whether the relationship held over a longer period.	0.76
Correlation (All Time) Calculated using the full available price history since Apr 17, 2018	0.72

The correlation between DRIV and QYLD has been stable across timeframes, ranging from 0.71 to 0.76 - a consistent structural relationship.

DRIV vs. QYLD - Sectors Allocation Comparison

Sectors	DRIV	QYLD
Technology	40.9%	62.7%
Consumer Cyclical	23.8%	10.9%
Industrials	17.5%	4.1%
Basic Materials	11.5%	1.1%
Communication Services	6.3%	13.0%
Consumer Defensive	-	6.6%
Energy	-	0.5%
Financial Services	-	0.2%
Healthcare	-	3.7%
Real Estate	-	0.1%
Utilities	-	1.3%

Return for Risk

DRIV vs. QYLD — Risk / Return Rank

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

DRIV

DRIV Risk / Return Rank: 46
DRIV Sharpe Ratio Rank: 47
DRIV Sortino Ratio Rank: 45
DRIV Omega Ratio Rank: 46
DRIV Calmar Ratio Rank: 45
DRIV Martin Ratio Rank: 47

QYLD

QYLD Risk / Return Rank: 82
QYLD Sharpe Ratio Rank: 73
QYLD Sortino Ratio Rank: 73
QYLD Omega Ratio Rank: 81
QYLD Calmar Ratio Rank: 88
QYLD Martin Ratio Rank: 93

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.

DRIV vs. QYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Autonomous & Electric Vehicles ETF (DRIV) 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.

	DRIV	QYLD	Difference
Sharpe ratio: Return per unit of total volatility	1.18	1.68	-0.50
Sortino ratio: Return per unit of downside risk	1.65	2.39	-0.73
Omega ratio: Gain probability vs. loss probability	1.21	1.34	-0.13
Calmar ratio: Return relative to maximum drawdown	1.61	3.68	-2.06
Martin ratio: Return relative to average drawdown	5.40	16.30	-10.90

DRIV vs. QYLD - Sharpe Ratio Comparison

The current DRIV Sharpe Ratio is 1.18, which is comparable to the QYLD Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of DRIV and QYLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DRIV vs. QYLD - Drawdown Comparison

The maximum DRIV drawdown since its inception was -41.93%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for DRIV and QYLD.

Drawdown Indicators

	DRIV	QYLD	Difference
Max Drawdown Largest peak-to-trough decline	-41.93%	-24.75%	-17.18%
Max Drawdown (1Y) Largest decline over 1 year	-21.20%	-4.97%	-16.23%
Max Drawdown (3Y) Largest decline over 3 years	-34.18%	-19.06%	-15.12%
Max Drawdown (5Y) Largest decline over 5 years	-41.93%	-24.61%	-17.32%
Max Drawdown (10Y) Largest decline over 10 years	—	-24.75%	—
Current Drawdown Current decline from peak	-21.09%	-3.97%	-17.12%
Average Drawdown Average peak-to-trough decline	-15.08%	-3.81%	-11.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.33%	1.12%	+5.21%

Volatility

DRIV vs. QYLD - Volatility Comparison

Global X Autonomous & Electric Vehicles ETF (DRIV) has a higher volatility of 10.11% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 5.06%. This indicates that DRIV'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.

Volatility by Period

	DRIV	QYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.11%	5.06%	+5.05%
Volatility (6M) Calculated over the trailing 6-month period	24.16%	9.63%	+14.53%
Volatility (1Y) Calculated over the trailing 1-year period	29.04%	10.91%	+18.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.84%	14.99%	+12.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.71%	15.61%	+12.10%

DRIV vs. QYLD - Expense Ratio Comparison

DRIV has a 0.68% expense ratio, which is higher than QYLD's 0.60% expense ratio.

Dividends

DRIV vs. QYLD - Dividend Comparison

DRIV's dividend yield for the trailing twelve months is around 0.65%, less than QYLD's 12.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DRIV Global X Autonomous & Electric Vehicles ETF	0.65%	1.07%	2.07%	1.62%	1.24%	0.32%	0.29%	1.23%	2.79%	0.00%	0.00%	0.00%
QYLD Global X NASDAQ 100 Covered Call ETF	12.02%	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

Can I hold both DRIV and QYLD in my portfolio?

DRIV and QYLD have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DRIV or QYLD?

DRIV has higher volatility (10.11%) compared to QYLD (5.06%). In terms of maximum drawdown, DRIV dropped -41.93% vs QYLD's -24.75%.

Which ETF is better, DRIV or QYLD?

On 5-year performance, QYLD leads with 7.60% vs 4.90% for DRIV. On fees, QYLD is cheaper at 0.60% per year. On volatility, QYLD has been the lower-risk option at 5.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DRIV or QYLD?

Over the 5-year period, QYLD has performed better with a 7.60% return vs 4.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DRIV or QYLD?

QYLD is cheaper with a 0.60% expense ratio, compared with 0.68% for DRIV.

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

QYLD has the higher dividend yield at 12.02%, compared with 0.65% for DRIV.

What is the main difference between DRIV and QYLD?

DRIV is categorized as Global Equities, while QYLD is Nasdaq-100. DRIV tracks Solactive Autonomous & Electric Vehicles Index, while QYLD tracks CBOE NASDAQ-100 Buy Write V2. Their fees differ too: 0.68% for DRIV and 0.60% for QYLD.

Which has better risk-adjusted returns?

QYLD currently has the higher Sharpe Ratio (1.68 vs 1.18), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.