FIVY vs. QYLE

Last updated Apr 2, 2026

Compare and contrast key facts about YieldMax Dorsey Wright Hybrid 5 Income ETF (FIVY) and Global X NASDAQ 100 ESG Covered Call ETF (QYLE).

FIVY and QYLE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FIVY is a passively managed fund by YieldMax that tracks the performance of the Nasdaq Dorsey Wright Tactical Hybrid Option Income Strategy Index. It was launched on Dec 16, 2024. QYLE is a passively managed fund by Global X that tracks the performance of the Nasdaq-100 ESG BuyWrite Index - Benchmark TR Gross. It was launched on Feb 21, 2023. Both FIVY and QYLE 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

FIVY vs. QYLE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Dorsey Wright Hybrid 5 Income ETF (FIVY) and Global X NASDAQ 100 ESG Covered Call ETF (QYLE). The values are adjusted to include any dividend payments, if applicable.

FIVY vs. QYLE - Yearly Performance Comparison

	2026 (YTD)
FIVY YieldMax Dorsey Wright Hybrid 5 Income ETF	-1.08%
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%

Returns By Period

FIVY

• 1D: -0.04%
• 1M: -2.71%
• YTD: -17.03%
• 6M: -26.49%
• 1Y: -7.58%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QYLE

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FIVY vs. QYLE - Expense Ratio Comparison

FIVY has a 0.88% expense ratio, which is higher than QYLE's 0.61% expense ratio.

FIVY

YieldMax Dorsey Wright Hybrid 5 Income ETF

QYLE

Global X NASDAQ 100 ESG Covered Call ETF

Return for Risk

FIVY vs. QYLE — Risk / Return Rank

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

FIVY

FIVY Risk / Return Rank: 8
FIVY Sharpe Ratio Rank: 7
FIVY Sortino Ratio Rank: 8
FIVY Omega Ratio Rank: 8
FIVY Calmar Ratio Rank: 8
FIVY Martin Ratio Rank: 8

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.

FIVY vs. QYLE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Dorsey Wright Hybrid 5 Income ETF (FIVY) and Global X NASDAQ 100 ESG Covered Call ETF (QYLE). 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.

	FIVY	QYLE	Difference
Sharpe ratio Return per unit of total volatility	-0.24	—	—
Sortino ratio Return per unit of downside risk	-0.12	—	—
Omega ratio Gain probability vs. loss probability	0.98	—	—
Calmar ratio Return relative to maximum drawdown	-0.22	—	—
Martin ratio Return relative to average drawdown	-0.53	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FIVY	QYLE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.24	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.63	—	—

Dividends

FIVY vs. QYLE - Dividend Comparison

FIVY's dividend yield for the trailing twelve months is around 56.04%, while QYLE has not paid dividends to shareholders.

	TTM	2025
FIVY YieldMax Dorsey Wright Hybrid 5 Income ETF	56.04%	46.51%
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%	0.00%

Drawdowns

FIVY vs. QYLE - Drawdown Comparison

The maximum FIVY drawdown since its inception was -32.77%, which is greater than QYLE's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for FIVY and QYLE.

Drawdown Indicators

	FIVY	QYLE	Difference
Max Drawdown Largest peak-to-trough decline	-32.77%	0.00%	-32.77%
Max Drawdown (1Y) Largest decline over 1 year	-32.77%	—	—
Current Drawdown Current decline from peak	-29.20%	0.00%	-29.20%
Average Drawdown Average peak-to-trough decline	-12.10%	0.00%	-12.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.35%	—	—

Volatility

Volatility by Period

	FIVY	QYLE	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.21%	—	—
Volatility (6M) Calculated over the trailing 6-month period	25.55%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	31.60%	0.00%	+31.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.56%	0.00%	+33.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.56%	0.00%	+33.56%