DRVE.L vs. QYLP.L
Compare and contrast key facts about Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating (DRVE.L) and Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP (QYLP.L).
DRVE.L and QYLP.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DRVE.L is a passively managed fund by Global X that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Nov 16, 2021. QYLP.L is a passively managed fund by Global X that tracks the performance of the Cboe Nasdaq-100 BuyWrite Index. It was launched on Nov 22, 2022. Both DRVE.L and QYLP.L 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
DRVE.L vs. QYLP.L - Performance Comparison
Loading graphics...
DRVE.L vs. QYLP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
DRVE.L Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating | 4.55% | 29.05% | -5.06% | 27.62% | -12.08% |
QYLP.L Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP | -1.61% | 2.73% | 19.38% | 20.99% | -2.30% |
Different Trading Currencies
DRVE.L is traded in USD, while QYLP.L is traded in GBP. To make them comparable, the QYLP.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, DRVE.L achieves a 4.55% return, which is significantly higher than QYLP.L's -1.61% return.
DRVE.L
- 1D
- 4.35%
- 1M
- -3.48%
- YTD
- 4.55%
- 6M
- 9.95%
- 1Y
- 47.92%
- 3Y*
- 12.19%
- 5Y*
- —
- 10Y*
- —
QYLP.L
- 1D
- 1.74%
- 1M
- -1.28%
- YTD
- -1.61%
- 6M
- 5.01%
- 1Y
- 9.08%
- 3Y*
- 9.13%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DRVE.L vs. QYLP.L - Expense Ratio Comparison
DRVE.L has a 0.50% expense ratio, which is higher than QYLP.L's 0.45% expense ratio.
Return for Risk
DRVE.L vs. QYLP.L — Risk / Return Rank
DRVE.L
QYLP.L
DRVE.L vs. QYLP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating (DRVE.L) and Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP (QYLP.L). 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.
| DRVE.L | QYLP.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.06 | 0.63 | +0.44 |
Sortino ratioReturn per unit of downside risk | 1.72 | 0.99 | +0.73 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.16 | +0.15 |
Calmar ratioReturn relative to maximum drawdown | 1.94 | 1.04 | +0.90 |
Martin ratioReturn relative to average drawdown | 7.68 | 4.96 | +2.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| DRVE.L | QYLP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.06 | 0.63 | +0.44 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | 0.90 | -0.86 |
Correlation
The correlation between DRVE.L and QYLP.L is 0.44, 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
DRVE.L vs. QYLP.L - Dividend Comparison
DRVE.L has not paid dividends to shareholders, while QYLP.L's dividend yield for the trailing twelve months is around 7.98%.
| TTM | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
DRVE.L Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating | 0.00% | 0.00% | 0.00% | 0.00% |
QYLP.L Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP | 7.98% | 8.93% | 8.31% | 9.56% |
Drawdowns
DRVE.L vs. QYLP.L - Drawdown Comparison
The maximum DRVE.L drawdown since its inception was -41.48%, which is greater than QYLP.L's maximum drawdown of -20.02%. Use the drawdown chart below to compare losses from any high point for DRVE.L and QYLP.L.
Loading graphics...
Drawdown Indicators
| DRVE.L | QYLP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.48% | -22.40% | -19.08% |
Max Drawdown (1Y)Largest decline over 1 year | -24.84% | -9.45% | -15.39% |
Current DrawdownCurrent decline from peak | -7.36% | -9.34% | +1.98% |
Average DrawdownAverage peak-to-trough decline | -21.45% | -5.57% | -15.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.29% | 1.76% | +4.53% |
Volatility
DRVE.L vs. QYLP.L - Volatility Comparison
Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating (DRVE.L) has a higher volatility of 8.34% compared to Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP (QYLP.L) at 3.79%. This indicates that DRVE.L's price experiences larger fluctuations and is considered to be riskier than QYLP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| DRVE.L | QYLP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.34% | 3.79% | +4.55% |
Volatility (6M)Calculated over the trailing 6-month period | 16.91% | 7.39% | +9.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.83% | 14.48% | +30.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.70% | 12.46% | +23.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.70% | 12.46% | +23.24% |