EPM vs. QYLD

Last updated Jun 4, 2026

EPM (Evolution Petroleum Corporation) is a stock, while QYLD (Global X NASDAQ 100 Covered Call ETF) is Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2. Over the past 10 years, EPM returned 3.89%/yr vs 9.80%/yr for QYLD. At a 0.20 correlation, their price movements are largely independent.

Performance

EPM vs. QYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Evolution Petroleum Corporation (EPM) 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, EPM achieves a 25.82% return, which is significantly higher than QYLD's 7.88% return. Over the past 10 years, EPM has underperformed QYLD with an annualized return of 3.89%, while QYLD has yielded a comparatively higher 9.80% annualized return.

EPM

• 1D: -0.23%
• 1M: -11.97%
• YTD: 25.82%
• 6M: 11.10%
• 1Y: 2.26%
• 3Y*: -11.56%
• 5Y*: 7.68%
• 10Y*: 3.89%

QYLD

• 1D: -0.06%
• 1M: 1.62%
• YTD: 7.88%
• 6M: 9.97%
• 1Y: 23.93%
• 3Y*: 13.80%
• 5Y*: 8.43%
• 10Y*: 9.80%

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

EPM vs. QYLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EPM Evolution Petroleum Corporation	25.82%	-25.17%	-2.04%	-17.30%	58.73%	86.00%	-44.78%	-14.47%	4.19%	-28.70%
QYLD Global X NASDAQ 100 Covered Call ETF	7.88%	9.28%	19.35%	22.77%	-19.08%	10.41%	8.72%	22.69%	-3.07%	18.79%

Correlation

The correlation between EPM and QYLD is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (10Y) Calculated over the trailing 10-year period	0.19
Correlation (All Time) Calculated using the full available price history since Dec 13, 2013	0.20

The correlation between EPM and QYLD shifts across timeframes, from -0.01 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.

Return for Risk

EPM vs. QYLD — Risk / Return Rank

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

EPM

EPM Risk / Return Rank: 40
EPM Sharpe Ratio Rank: 42
EPM Sortino Ratio Rank: 38
EPM Omega Ratio Rank: 38
EPM Calmar Ratio Rank: 42
EPM Martin Ratio Rank: 42

QYLD

QYLD Risk / Return Rank: 88
QYLD Sharpe Ratio Rank: 84
QYLD Sortino Ratio Rank: 85
QYLD Omega Ratio Rank: 92
QYLD Calmar Ratio Rank: 86
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.

EPM vs. QYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Evolution Petroleum Corporation (EPM) 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.

	EPM	QYLD	Difference
Sharpe ratio: Return per unit of total volatility	0.06	2.80	-2.74
Sortino ratio: Return per unit of downside risk	0.35	3.92	-3.57
Omega ratio: Gain probability vs. loss probability	1.04	1.63	-0.59
Calmar ratio: Return relative to maximum drawdown	0.06	4.84	-4.78
Martin ratio: Return relative to average drawdown	0.14	28.36	-28.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EPM vs. QYLD - Sharpe Ratio Comparison

The current EPM Sharpe Ratio is 0.06, which is lower than the QYLD Sharpe Ratio of 2.80. The chart below compares the historical Sharpe Ratios of EPM 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.

Sharpe Ratios by Period

	EPM	QYLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.06	2.80	-2.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.17	0.58	-0.41
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.08	0.63	-0.56
Sharpe Ratio (All Time) Calculated using the full available price history	-0.11	0.59	-0.71

Drawdowns

EPM vs. QYLD - Drawdown Comparison

The maximum EPM drawdown since its inception was -99.99%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for EPM and QYLD.

Drawdown Indicators

	EPM	QYLD	Difference
Max Drawdown Largest peak-to-trough decline	-99.99%	-24.75%	-75.24%
Max Drawdown (1Y) Largest decline over 1 year	-38.29%	-4.97%	-33.32%
Max Drawdown (3Y) Largest decline over 3 years	-59.45%	-19.06%	-40.39%
Max Drawdown (5Y) Largest decline over 5 years	-59.45%	-24.61%	-34.84%
Max Drawdown (10Y) Largest decline over 10 years	-80.49%	-24.75%	-55.74%
Current Drawdown Current decline from peak	-99.85%	-0.06%	-99.79%
Average Drawdown Average peak-to-trough decline	-96.49%	-3.84%	-92.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.48%	0.85%	+15.63%

Volatility

EPM vs. QYLD - Volatility Comparison

Evolution Petroleum Corporation (EPM) has a higher volatility of 17.57% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 1.85%. This indicates that EPM'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

	EPM	QYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.57%	1.85%	+15.72%
Volatility (6M) Calculated over the trailing 6-month period	30.95%	7.12%	+23.83%
Volatility (1Y) Calculated over the trailing 1-year period	38.74%	8.58%	+30.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.67%	14.70%	+30.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.08%	15.49%	+34.59%

Dividends

EPM vs. QYLD - Dividend Comparison

EPM's dividend yield for the trailing twelve months is around 11.06%, less than QYLD's 11.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EPM Evolution Petroleum Corporation	11.06%	13.56%	9.18%	8.26%	5.83%	4.55%	6.14%	7.31%	5.87%	4.23%	2.15%	4.16%
QYLD Global X NASDAQ 100 Covered Call ETF	11.46%	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 EPM and QYLD in my portfolio?

EPM and QYLD have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EPM or QYLD?

EPM has higher volatility (17.57%) compared to QYLD (1.85%). In terms of maximum drawdown, EPM dropped -99.99% vs QYLD's -24.75%.

Which has better risk-adjusted returns?

QYLD currently has the higher Sharpe Ratio (2.80 vs 0.06), 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.