GOOO.L vs. QYLU.L
GOOO.L (IncomeShares Alphabet (GOOG) Options ETP GBP) and QYLU.L (Global X Nasdaq 100 Covered Call UCITS ETF USD (Acc)) are both exchange-traded funds - GOOO.L is a Derivative Income fund actively managed by Leverage Shares, while QYLU.L is a Nasdaq-100 fund tracking the Cboe Nasdaq-100 BuyWrite v2 UCITS Index. GOOO.L is actively managed, while QYLU.L is passively managed. Over the past year, GOOO.L returned 61.13% vs 16.20% for QYLU.L. At a 0.36 correlation, their price movements are largely independent. GOOO.L charges 0.55%/yr vs 0.45%/yr for QYLU.L.
Performance
GOOO.L vs. QYLU.L - Performance Comparison
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Different Trading Currencies
GOOO.L is traded in GBp, while QYLU.L is traded in USD. To make them comparable, the QYLU.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, GOOO.L achieves a 10.60% return, which is significantly higher than QYLU.L's 5.02% return.
GOOO.L
- 1D
- 0.00%
- 1M
- 1.27%
- 6M
- 5.00%
- YTD
- 10.60%
- 1Y
- 61.13%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QYLU.L
- 1D
- -2.21%
- 1M
- -3.87%
- 6M
- 3.39%
- YTD
- 5.02%
- 1Y
- 16.20%
- 3Y*
- 10.24%
- 5Y*
- —
- 10Y*
- —
GOOO.L vs. QYLU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GOOO.L IncomeShares Alphabet (GOOG) Options ETP GBP | 10.60% | 35.20% | 20.13% |
QYLU.L Global X Nasdaq 100 Covered Call UCITS ETF USD (Acc) | 5.02% | -1.93% | 11.53% |
Correlation
The correlation between GOOO.L and QYLU.L is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Oct 14, 2024 | 0.36 |
The correlation between GOOO.L and QYLU.L shifts across timeframes, from 0.24 (1 year) to 0.36 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
GOOO.L vs. QYLU.L — Risk / Return Rank
GOOO.L
QYLU.L
GOOO.L vs. QYLU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IncomeShares Alphabet (GOOG) Options ETP GBP (GOOO.L) and Global X Nasdaq 100 Covered Call UCITS ETF USD (Acc) (QYLU.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.
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.
| GOOO.L | QYLU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.10 | ||
| Sortino ratioReturn per unit of downside risk | +0.44 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.22 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.60 | 3.36 | -0.76 |
| Martin ratioReturn relative to average drawdown | 4.68 | 9.90 | -5.22 |
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Drawdowns
GOOO.L vs. QYLU.L - Drawdown Comparison
The maximum GOOO.L drawdown since its inception was -28.28%, which is greater than QYLU.L's maximum drawdown of -22.59%. Use the drawdown chart below to compare losses from any high point for GOOO.L and QYLU.L.
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Drawdown Indicators
| GOOO.L | QYLU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.28% | -22.59% | -5.69% |
Max Drawdown (1Y)Largest decline over 1 year | -23.52% | -4.80% | -18.72% |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.59% | — |
Current DrawdownCurrent decline from peak | -8.60% | -4.80% | -3.80% |
Average DrawdownAverage peak-to-trough decline | -11.74% | -4.77% | -6.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.07% | 1.63% | +11.44% |
Volatility
GOOO.L vs. QYLU.L - Volatility Comparison
IncomeShares Alphabet (GOOG) Options ETP GBP (GOOO.L) has a higher volatility of 8.86% compared to Global X Nasdaq 100 Covered Call UCITS ETF USD (Acc) (QYLU.L) at 5.47%. This indicates that GOOO.L's price experiences larger fluctuations and is considered to be riskier than QYLU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GOOO.L | QYLU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.86% | 5.47% | +3.39% |
Volatility (6M)Calculated over the trailing 6-month period | 17.43% | 10.10% | +7.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.11% | 14.10% | +35.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.17% | 16.17% | +25.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.17% | 16.17% | +25.00% |
GOOO.L vs. QYLU.L - Expense Ratio Comparison
GOOO.L has a 0.55% expense ratio, which is higher than QYLU.L's 0.45% expense ratio.
Dividends
GOOO.L vs. QYLU.L - Dividend Comparison
GOOO.L's dividend yield for the trailing twelve months is around 25.31%, while QYLU.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
GOOO.L IncomeShares Alphabet (GOOG) Options ETP GBP | 25.31% | 11.49% | 1.94% |
QYLU.L Global X Nasdaq 100 Covered Call UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GOOO.L and QYLU.L have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QYLU.L is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QYLU.L is cheaper with a 0.45% expense ratio, compared with 0.55% for GOOO.L.
GOOO.L is categorized as Derivative Income, while QYLU.L is Nasdaq-100. They also come from different issuers: Leverage Shares and Global X. Their fees differ too: 0.55% for GOOO.L and 0.45% for QYLU.L.
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