IMMR vs. QYLD

Last updated Jun 9, 2026

IMMR (Immersion Corporation) is a stock, while QYLD (Global X NASDAQ 100 Covered Call ETF) is Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2. Over the past 10 years, IMMR returned 1.41%/yr vs 9.77%/yr for QYLD. At a 0.37 correlation, their price movements are largely independent.

Performance

IMMR vs. QYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Immersion Corporation (IMMR) and Global X NASDAQ 100 Covered Call ETF (QYLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IMMR achieves a 0.39% return, which is significantly lower than QYLD's 7.05% return. Over the past 10 years, IMMR has underperformed QYLD with an annualized return of 1.41%, while QYLD has yielded a comparatively higher 9.77% annualized return.

IMMR

• 1D: 4.71%
• 1M: -0.15%
• YTD: 0.39%
• 6M: -3.03%
• 1Y: -10.21%
• 3Y*: -2.01%
• 5Y*: -3.62%
• 10Y*: 1.41%

QYLD

• 1D: 1.07%
• 1M: 0.23%
• YTD: 7.05%
• 6M: 8.87%
• 1Y: 22.45%
• 3Y*: 13.42%
• 5Y*: 8.24%
• 10Y*: 9.77%

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

IMMR vs. QYLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IMMR Immersion Corporation	0.39%	-18.30%	26.47%	3.43%	23.12%	-49.42%	51.95%	-17.08%	26.91%	-33.58%
QYLD Global X NASDAQ 100 Covered Call ETF	7.05%	9.28%	19.35%	22.77%	-19.08%	10.41%	8.72%	22.69%	-3.07%	18.79%

Correlation

The correlation between IMMR and QYLD is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (10Y) Calculated over the trailing 10-year period	0.39
Correlation (All Time) Calculated using the full available price history since Dec 13, 2013	0.37

Return for Risk

IMMR vs. QYLD — Risk / Return Rank

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

IMMR

IMMR Risk / Return Rank: 30
IMMR Sharpe Ratio Rank: 31
IMMR Sortino Ratio Rank: 29
IMMR Omega Ratio Rank: 29
IMMR Calmar Ratio Rank: 31
IMMR Martin Ratio Rank: 31

QYLD

QYLD Risk / Return Rank: 89
QYLD Sharpe Ratio Rank: 86
QYLD Sortino Ratio Rank: 86
QYLD Omega Ratio Rank: 92
QYLD Calmar Ratio Rank: 87
QYLD Martin Ratio Rank: 95

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.

IMMR vs. QYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Immersion Corporation (IMMR) 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.

	IMMR	QYLD	Difference
Sharpe ratio: Return per unit of total volatility	-0.26	2.56	-2.82
Sortino ratio: Return per unit of downside risk	-0.11	3.53	-3.64
Omega ratio: Gain probability vs. loss probability	0.99	1.57	-0.59
Calmar ratio: Return relative to maximum drawdown	-0.33	4.54	-4.87
Martin ratio: Return relative to average drawdown	-0.61	26.31	-26.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IMMR vs. QYLD - Sharpe Ratio Comparison

The current IMMR Sharpe Ratio is -0.26, which is lower than the QYLD Sharpe Ratio of 2.56. The chart below compares the historical Sharpe Ratios of IMMR and QYLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IMMR	QYLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.26	2.56	-2.82
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.08	0.56	-0.64
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.03	0.63	-0.60
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	0.59	-0.63

Drawdowns

IMMR vs. QYLD - Drawdown Comparison

The maximum IMMR drawdown since its inception was -98.66%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for IMMR and QYLD.

Drawdown Indicators

	IMMR	QYLD	Difference
Max Drawdown Largest peak-to-trough decline	-98.66%	-24.75%	-73.91%
Max Drawdown (1Y) Largest decline over 1 year	-30.86%	-4.97%	-25.89%
Max Drawdown (3Y) Largest decline over 3 years	-56.90%	-19.06%	-37.84%
Max Drawdown (5Y) Largest decline over 5 years	-56.90%	-24.61%	-32.29%
Max Drawdown (10Y) Largest decline over 10 years	-74.29%	-24.75%	-49.54%
Current Drawdown Current decline from peak	-89.65%	-0.83%	-88.82%
Average Drawdown Average peak-to-trough decline	-88.21%	-3.83%	-84.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.77%	0.86%	+15.91%

Volatility

IMMR vs. QYLD - Volatility Comparison

Immersion Corporation (IMMR) has a higher volatility of 12.61% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 2.86%. This indicates that IMMR's price experiences larger fluctuations and is considered to be riskier than QYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IMMR	QYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.61%	2.86%	+9.75%
Volatility (6M) Calculated over the trailing 6-month period	27.21%	7.44%	+19.77%
Volatility (1Y) Calculated over the trailing 1-year period	39.79%	8.84%	+30.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.83%	14.73%	+31.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.32%	15.51%	+35.81%

Dividends

IMMR vs. QYLD - Dividend Comparison

IMMR's dividend yield for the trailing twelve months is around 3.60%, less than QYLD's 11.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IMMR Immersion Corporation	3.60%	5.59%	2.06%	3.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QYLD Global X NASDAQ 100 Covered Call ETF	11.55%	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

Can I hold both IMMR and QYLD in my portfolio?

IMMR and QYLD have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IMMR or QYLD?

IMMR has higher volatility (12.61%) compared to QYLD (2.86%). In terms of maximum drawdown, IMMR dropped -98.66% vs QYLD's -24.75%.

Which has better risk-adjusted returns?

QYLD currently has the higher Sharpe Ratio (2.56 vs -0.26), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.