IDVY.L vs. QYLP.L

Last updated Jul 16, 2026

IDVY.L (iShares EURO Dividend UCITS) and QYLP.L (Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP) are both exchange-traded funds - IDVY.L is a Europe Equities fund tracking the MSCI EMU NR EUR, while QYLP.L is a Nasdaq-100 fund tracking the Cboe Nasdaq-100 BuyWrite Index. Both are passively managed. Over the past 3 years, IDVY.L returned 21.00%/yr vs 11.49%/yr for QYLP.L. At a 0.17 correlation, their price movements are largely independent. IDVY.L charges 0.40%/yr vs 0.45%/yr for QYLP.L.

Performance

IDVY.L vs. QYLP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares EURO Dividend UCITS (IDVY.L) and Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP (QYLP.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

IDVY.L is traded in GBp, while QYLP.L is traded in GBP. To make them comparable, the QYLP.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, IDVY.L achieves a 9.60% return, which is significantly higher than QYLP.L's 7.80% return.

IDVY.L

• 1D: -0.52%
• 1M: 0.13%
• 6M: 8.94%
• YTD: 9.60%
• 1Y: 21.35%
• 3Y*: 21.00%
• 5Y*: 10.11%
• 10Y*: 8.08%

QYLP.L

• 1D: -1.42%
• 1M: -0.01%
• 6M: 6.81%
• YTD: 7.80%
• 1Y: 19.18%
• 3Y*: 11.49%
• 5Y*: —
• 10Y*: —

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

IDVY.L vs. QYLP.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IDVY.L iShares EURO Dividend UCITS	9.60%	48.82%	3.38%	2.07%	0.65%
QYLP.L Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP	7.80%	-1.78%	24.51%	16.58%	-18.75%

Correlation

The correlation between IDVY.L and QYLP.L 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	0.12
Correlation (All Time) Calculated using the full available price history since Nov 22, 2022	0.17

IDVY.L vs. QYLP.L - Sectors Allocation Comparison

Sectors	IDVY.L	QYLP.L
Financial Services	50.3%	14.8%
Industrials	16.4%	16.0%
Utilities	8.3%	1.5%
Consumer Cyclical	7.9%	17.2%
Communication Services	5.7%	7.4%
Energy	4.6%	0.2%
Consumer Defensive	4.0%	8.4%
Healthcare	3.0%	10.2%
Basic Materials	-	0.1%
Real Estate	-	3.5%
Technology	-	20.4%

Return for Risk

IDVY.L vs. QYLP.L — Risk / Return Rank

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

IDVY.L

IDVY.L Risk / Return Rank: 63
IDVY.L Sharpe Ratio Rank: 68
IDVY.L Sortino Ratio Rank: 65
IDVY.L Omega Ratio Rank: 68
IDVY.L Calmar Ratio Rank: 58
IDVY.L Martin Ratio Rank: 57

QYLP.L

QYLP.L Risk / Return Rank: 84
QYLP.L Sharpe Ratio Rank: 78
QYLP.L Sortino Ratio Rank: 78
QYLP.L Omega Ratio Rank: 79
QYLP.L Calmar Ratio Rank: 94
QYLP.L Martin Ratio Rank: 89

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.

IDVY.L vs. QYLP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares EURO Dividend UCITS (IDVY.L) and Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP (QYLP.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.

	IDVY.L	QYLP.L	Difference
Sharpe ratio: Return per unit of total volatility	1.77	1.98	-0.21
Sortino ratio: Return per unit of downside risk	2.42	2.79	-0.37
Omega ratio: Gain probability vs. loss probability	1.33	1.37	-0.04
Calmar ratio: Return relative to maximum drawdown	2.37	5.27	-2.90
Martin ratio: Return relative to average drawdown	8.01	15.61	-7.61

IDVY.L vs. QYLP.L - Sharpe Ratio Comparison

The current IDVY.L Sharpe Ratio is 1.77, which is comparable to the QYLP.L Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of IDVY.L and QYLP.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IDVY.L vs. QYLP.L - Drawdown Comparison

The maximum IDVY.L drawdown since its inception was -74.07%, which is greater than QYLP.L's maximum drawdown of -21.90%. Use the drawdown chart below to compare losses from any high point for IDVY.L and QYLP.L.

Drawdown Indicators

	IDVY.L	QYLP.L	Difference
Max Drawdown Largest peak-to-trough decline	-74.07%	-21.90%	-52.17%
Max Drawdown (1Y) Largest decline over 1 year	-8.95%	-3.62%	-5.33%
Max Drawdown (3Y) Largest decline over 3 years	-10.50%	-21.90%	+11.40%
Max Drawdown (5Y) Largest decline over 5 years	-20.98%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-39.12%	—	—
Current Drawdown Current decline from peak	-0.65%	-2.17%	+1.52%
Average Drawdown Average peak-to-trough decline	-33.84%	-7.38%	-26.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.66%	1.23%	+1.43%

Volatility

IDVY.L vs. QYLP.L - Volatility Comparison

The current volatility for iShares EURO Dividend UCITS (IDVY.L) is 3.22%, while Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP (QYLP.L) has a volatility of 4.86%. This indicates that IDVY.L experiences smaller price fluctuations and is considered to be less risky than QYLP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDVY.L	QYLP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.22%	4.86%	-1.64%
Volatility (6M) Calculated over the trailing 6-month period	9.61%	8.03%	+1.58%
Volatility (1Y) Calculated over the trailing 1-year period	12.00%	9.65%	+2.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.36%	15.06%	+0.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.31%	15.06%	+2.25%

IDVY.L vs. QYLP.L - Expense Ratio Comparison

IDVY.L has a 0.40% expense ratio, which is lower than QYLP.L's 0.45% expense ratio.

Dividends

IDVY.L vs. QYLP.L - Dividend Comparison

IDVY.L's dividend yield for the trailing twelve months is around 4.51%, less than QYLP.L's 11.54% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IDVY.L iShares EURO Dividend UCITS	4.51%	4.28%	5.94%	5.75%	5.08%	3.76%	3.59%	5.03%	4.68%	3.85%	3.69%	3.93%
QYLP.L Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP	11.54%	11.71%	10.64%	10.92%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IDVY.L and QYLP.L in my portfolio?

IDVY.L and QYLP.L 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.

Which ETF is better, IDVY.L or QYLP.L?

On fees, IDVY.L is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IDVY.L or QYLP.L?

IDVY.L is cheaper with a 0.40% expense ratio, compared with 0.45% for QYLP.L.

What is the main difference between IDVY.L and QYLP.L?

IDVY.L is categorized as Europe Equities, while QYLP.L is Nasdaq-100. IDVY.L tracks MSCI EMU NR EUR, while QYLP.L tracks Cboe Nasdaq-100 BuyWrite Index. They also come from different issuers: iShares and Global X. Their fees differ too: 0.40% for IDVY.L and 0.45% for QYLP.L.