GXPT vs. QYLD
GXPT (Global X PureCap MSCI Information Technology ETF) and QYLD (Global X NASDAQ 100 Covered Call ETF) are both exchange-traded funds - GXPT is a Technology Equities fund tracking the MSCI USA Information Technology PureCap Index, while QYLD is a Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2. Both are passively managed. A 0.79 correlation means they provide meaningful diversification when combined. GXPT charges 0.15%/yr vs 0.60%/yr for QYLD.
Performance
GXPT vs. QYLD - Performance Comparison
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Returns By Period
In the year-to-date period, GXPT achieves a 16.86% return, which is significantly higher than QYLD's 7.89% return.
GXPT
- 1D
- -3.44%
- 1M
- -0.96%
- YTD
- 16.86%
- 6M
- 15.57%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QYLD
- 1D
- -1.97%
- 1M
- 1.41%
- YTD
- 7.89%
- 6M
- 7.59%
- 1Y
- 22.55%
- 3Y*
- 13.99%
- 5Y*
- 8.26%
- 10Y*
- 9.99%
GXPT vs. QYLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GXPT Global X PureCap MSCI Information Technology ETF | 16.86% | 11.47% |
QYLD Global X NASDAQ 100 Covered Call ETF | 7.89% | 11.66% |
Correlation
The correlation between GXPT and QYLD is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025 | 0.79 |
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Return for Risk
GXPT vs. QYLD — Risk / Return Rank
GXPT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QYLD
GXPT vs. QYLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X PureCap MSCI Information Technology ETF (GXPT) 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.
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.
| GXPT | QYLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.52 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.56 | — |
| Martin ratioReturn relative to average drawdown | — | 25.38 | — |
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Drawdowns
GXPT vs. QYLD - Drawdown Comparison
The maximum GXPT drawdown since its inception was -18.74%, smaller than the maximum QYLD drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for GXPT and QYLD.
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Drawdown Indicators
| GXPT | QYLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.74% | -24.75% | +6.01% |
Max Drawdown (1Y)Largest decline over 1 year | — | -4.97% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.06% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.61% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.75% | — |
Current DrawdownCurrent decline from peak | -8.72% | -2.10% | -6.62% |
Average DrawdownAverage peak-to-trough decline | -5.04% | -3.82% | -1.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.89% | — |
Volatility
GXPT vs. QYLD - Volatility Comparison
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Volatility by Period
| GXPT | QYLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.78% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.50% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 22.91% | 9.70% | +13.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.91% | 14.84% | +8.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.91% | 15.56% | +7.35% |
GXPT vs. QYLD - Expense Ratio Comparison
GXPT has a 0.15% expense ratio, which is lower than QYLD's 0.60% expense ratio.
Dividends
GXPT vs. QYLD - Dividend Comparison
GXPT's dividend yield for the trailing twelve months is around 0.12%, less than QYLD's 11.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GXPT Global X PureCap MSCI Information Technology ETF | 0.12% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QYLD Global X NASDAQ 100 Covered Call ETF | 11.68% | 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
GXPT and QYLD have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GXPT is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GXPT is cheaper with a 0.15% expense ratio, compared with 0.60% for QYLD.
QYLD has the higher dividend yield at 11.68%, compared with 0.12% for GXPT.
GXPT is categorized as Technology Equities, while QYLD is Nasdaq-100. GXPT tracks MSCI USA Information Technology PureCap Index, while QYLD tracks CBOE NASDAQ-100 Buy Write V2. Their fees differ too: 0.15% for GXPT and 0.60% for QYLD.
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