HOOY vs. QYLE

Last updated Apr 2, 2026

Compare and contrast key facts about YieldMax HOOD Option Income Strategy ETF (HOOY) and Global X NASDAQ 100 ESG Covered Call ETF (QYLE).

HOOY and QYLE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HOOY is an actively managed fund by YieldMax. It was launched on May 7, 2025. 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.

Performance

HOOY vs. QYLE - Performance Comparison

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

HOOY vs. QYLE - Yearly Performance Comparison

	2026 (YTD)
HOOY YieldMax HOOD Option Income Strategy ETF	-8.14%
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%

Returns By Period

HOOY

• 1D: 1.58%
• 1M: -5.12%
• YTD: -30.55%
• 6M: -44.01%
• 1Y: —
• 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)

HOOY vs. QYLE - Expense Ratio Comparison

HOOY has a 0.99% expense ratio, which is higher than QYLE's 0.61% expense ratio.

HOOY

YieldMax HOOD Option Income Strategy ETF

QYLE

Global X NASDAQ 100 ESG Covered Call ETF

Return for Risk

HOOY vs. QYLE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax HOOD Option Income Strategy ETF (HOOY) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	HOOY	QYLE	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	—	—

Dividends

HOOY vs. QYLE - Dividend Comparison

HOOY's dividend yield for the trailing twelve months is around 158.59%, while QYLE has not paid dividends to shareholders.

	TTM	2025
HOOY YieldMax HOOD Option Income Strategy ETF	158.59%	82.87%
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%	0.00%

Drawdowns

HOOY vs. QYLE - Drawdown Comparison

The maximum HOOY drawdown since its inception was -51.54%, which is greater than QYLE's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for HOOY and QYLE.

Drawdown Indicators

	HOOY	QYLE	Difference
Max Drawdown Largest peak-to-trough decline	-51.54%	0.00%	-51.54%
Current Drawdown Current decline from peak	-48.25%	0.00%	-48.25%
Average Drawdown Average peak-to-trough decline	-15.91%	0.00%	-15.91%

Volatility

Volatility by Period

	HOOY	QYLE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	53.30%	0.00%	+53.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.30%	0.00%	+53.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.30%	0.00%	+53.30%