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EUNW.DE vs. QYLE.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EUNW.DE vs. QYLE.DE

Last updated Jun 5, 2026

EUNW.DE (iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist)) and QYLE.DE (Global X Nasdaq 100 Covered Call UCITS ETF D) are both exchange-traded funds - EUNW.DE is a European High Yield Bonds fund tracking the iBoxx® EUR Liquid High Yield, while QYLE.DE is a Nasdaq-100 fund tracking the Cboe Nasdaq-100 BuyWrite. Both are passively managed. Over the past 3 years, EUNW.DE returned 6.32%/yr vs 12.74%/yr for QYLE.DE. At a 0.23 correlation, their price movements are largely independent. EUNW.DE charges 0.50%/yr vs 0.45%/yr for QYLE.DE.

Performance

EUNW.DE vs. QYLE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) (EUNW.DE) and Global X Nasdaq 100 Covered Call UCITS ETF D (QYLE.DE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, EUNW.DE achieves a 0.85% return, which is significantly lower than QYLE.DE's 6.53% return.

EUNW.DE

1D
0.05%
1M
0.46%
YTD
0.85%
6M
1.40%
1Y
3.33%
3Y*
6.32%
5Y*
2.68%
10Y*
3.10%

QYLE.DE

1D
-1.00%
1M
2.58%
YTD
6.53%
6M
7.45%
1Y
16.40%
3Y*
12.74%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

EUNW.DE vs. QYLE.DE - Yearly Performance Comparison

2026 (YTD)2025202420232022
EUNW.DE
iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist)		0.85%5.00%5.90%11.26%-0.45%
QYLE.DE
Global X Nasdaq 100 Covered Call UCITS ETF D		6.53%-7.62%37.36%30.02%-5.59%

Correlation

The correlation between EUNW.DE and QYLE.DE is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.18

Correlation (3Y)
Calculated over the trailing 3-year period

0.21

Correlation (All Time)
Calculated using the full available price history since Nov 24, 2022

0.23

Compare stocks, funds, or ETFs

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

iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist)

Global X Nasdaq 100 Covered Call UCITS ETF D

Often compared with EUNW.DE:
EUNW.DE vs. ERN1.LEUNW.DE vs. AYE2.DEEUNW.DE vs. EUNH.DEEUNW.DE vs. XHYG.DEEUNW.DE vs. HIGH.LEUNW.DE vs. VGEA.DEEUNW.DE vs. XEON.DE
Often compared with QYLE.DE:
QYLE.DE vs. QYLDQYLE.DE vs. JEQP.LQYLE.DE vs. VHYL.ASQYLE.DE vs. XY7D.DEQYLE.DE vs. TDIV.ASQYLE.DE vs. JEPQQYLE.DE vs. PHEQ

Return for Risk

EUNW.DE vs. QYLE.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EUNW.DE
EUNW.DE Risk / Return Rank: 2828
Overall Rank
EUNW.DE Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
EUNW.DE Sortino Ratio Rank: 2929
Sortino Ratio Rank
EUNW.DE Omega Ratio Rank: 2929
Omega Ratio Rank
EUNW.DE Calmar Ratio Rank: 2424
Calmar Ratio Rank
EUNW.DE Martin Ratio Rank: 3333
Martin Ratio Rank
QYLE.DE
QYLE.DE Risk / Return Rank: 5757
Overall Rank
QYLE.DE Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
QYLE.DE Sortino Ratio Rank: 4949
Sortino Ratio Rank
QYLE.DE Omega Ratio Rank: 4949
Omega Ratio Rank
QYLE.DE Calmar Ratio Rank: 7878
Calmar Ratio Rank
QYLE.DE Martin Ratio Rank: 6060
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.

EUNW.DE vs. QYLE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) (EUNW.DE) and Global X Nasdaq 100 Covered Call UCITS ETF D (QYLE.DE). 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.

EUNW.DEQYLE.DEDifference
Sharpe ratioReturn per unit of total volatility
0.96
1.68

-0.72

Sortino ratioReturn per unit of downside risk
1.56
2.35

-0.79

Omega ratioGain probability vs. loss probability

1.19

1.30

-0.11

Calmar ratioReturn relative to maximum drawdown

1.12

3.87

-2.75

Martin ratioReturn relative to average drawdown

4.73

10.46

-5.73

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

EUNW.DE vs. QYLE.DE - Sharpe Ratio Comparison

The current EUNW.DE Sharpe Ratio is 0.96, which is lower than the QYLE.DE Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of EUNW.DE and QYLE.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

EUNW.DEQYLE.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.96

1.68

-0.72

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.50

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.47

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.47

1.16

-0.68

Drawdowns

EUNW.DE vs. QYLE.DE - Drawdown Comparison

The maximum EUNW.DE drawdown since its inception was -25.47%, which is greater than QYLE.DE's maximum drawdown of -24.06%. Use the drawdown chart below to compare losses from any high point for EUNW.DE and QYLE.DE.

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Drawdown Indicators

EUNW.DEQYLE.DEDifference

Max Drawdown

Largest peak-to-trough decline

-25.47%

-24.06%

-1.41%

Max Drawdown (1Y)

Largest decline over 1 year

-2.83%

-4.17%

+1.34%

Max Drawdown (3Y)

Largest decline over 3 years

-3.80%

-24.06%

+20.26%

Max Drawdown (5Y)

Largest decline over 5 years

-14.79%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-25.47%

—

—

Current Drawdown

Current decline from peak

-0.10%

-5.04%

+4.94%

Average Drawdown

Average peak-to-trough decline

-2.31%

-5.68%

+3.37%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.67%

1.55%

-0.88%

Volatility

EUNW.DE vs. QYLE.DE - Volatility Comparison

The current volatility for iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) (EUNW.DE) is 0.79%, while Global X Nasdaq 100 Covered Call UCITS ETF D (QYLE.DE) has a volatility of 2.32%. This indicates that EUNW.DE experiences smaller price fluctuations and is considered to be less risky than QYLE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EUNW.DEQYLE.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.79%

2.32%

-1.53%

Volatility (6M)

Calculated over the trailing 6-month period

2.86%

6.14%

-3.28%

Volatility (1Y)

Calculated over the trailing 1-year period

3.30%

9.63%

-6.33%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.25%

13.25%

-8.00%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.58%

13.25%

-6.67%

EUNW.DE vs. QYLE.DE - Expense Ratio Comparison

EUNW.DE has a 0.50% expense ratio, which is higher than QYLE.DE's 0.45% expense ratio.

Dividends

EUNW.DE vs. QYLE.DE - Dividend Comparison

EUNW.DE's dividend yield for the trailing twelve months is around 5.17%, less than QYLE.DE's 8.84% yield.

PositionTTM20252024202320222021202020192018201720162015
EUNW.DE
iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist)		5.17%5.45%6.09%5.41%3.70%3.07%3.67%3.75%3.68%3.78%4.03%4.59%
QYLE.DE
Global X Nasdaq 100 Covered Call UCITS ETF D		8.84%10.67%15.00%20.20%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

EUNW.DE and QYLE.DE have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, QYLE.DE is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

QYLE.DE is cheaper with a 0.45% expense ratio, compared with 0.50% for EUNW.DE.

EUNW.DE is categorized as European High Yield Bonds, while QYLE.DE is Nasdaq-100. EUNW.DE tracks iBoxx® EUR Liquid High Yield, while QYLE.DE tracks Cboe Nasdaq-100 BuyWrite. They also come from different issuers: iShares and Global X. Their fees differ too: 0.50% for EUNW.DE and 0.45% for QYLE.DE.

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