IYRI vs. QYLE

Last updated Apr 1, 2026

Compare and contrast key facts about NEOS Real Estate High Income ETF (IYRI) and Global X NASDAQ 100 ESG Covered Call ETF (QYLE).

IYRI and QYLE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IYRI is a passively managed fund by Neos that tracks the performance of the Dow Jones U.S. Real Estate Capped Index. It was launched on Jan 14, 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. Both IYRI and QYLE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

IYRI vs. QYLE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS Real Estate High Income ETF (IYRI) and Global X NASDAQ 100 ESG Covered Call ETF (QYLE). The values are adjusted to include any dividend payments, if applicable.

IYRI vs. QYLE - Yearly Performance Comparison

	2026 (YTD)
IYRI NEOS Real Estate High Income ETF	-3.43%
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%

Returns By Period

IYRI

• 1D: 1.81%
• 1M: -5.59%
• YTD: -0.02%
• 6M: -1.22%
• 1Y: 4.11%
• 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)

IYRI vs. QYLE - Expense Ratio Comparison

IYRI has a 0.68% expense ratio, which is higher than QYLE's 0.61% expense ratio.

IYRI

NEOS Real Estate High Income ETF

QYLE

Global X NASDAQ 100 ESG Covered Call ETF

Return for Risk

IYRI vs. QYLE — Risk / Return Rank

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

IYRI

IYRI Risk / Return Rank: 22
IYRI Sharpe Ratio Rank: 21
IYRI Sortino Ratio Rank: 20
IYRI Omega Ratio Rank: 21
IYRI Calmar Ratio Rank: 22
IYRI Martin Ratio Rank: 26

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.

IYRI vs. QYLE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Real Estate High Income ETF (IYRI) 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.

	IYRI	QYLE	Difference
Sharpe ratio Return per unit of total volatility	0.30	—	—
Sortino ratio Return per unit of downside risk	0.50	—	—
Omega ratio Gain probability vs. loss probability	1.07	—	—
Calmar ratio Return relative to maximum drawdown	0.40	—	—
Martin ratio Return relative to average drawdown	1.79	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	IYRI	QYLE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.30	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	—	—

Dividends

IYRI vs. QYLE - Dividend Comparison

IYRI's dividend yield for the trailing twelve months is around 11.67%, while QYLE has not paid dividends to shareholders.

	TTM	2025
IYRI NEOS Real Estate High Income ETF	11.67%	11.72%
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%	0.00%

Drawdowns

IYRI vs. QYLE - Drawdown Comparison

The maximum IYRI drawdown since its inception was -12.12%, which is greater than QYLE's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for IYRI and QYLE.

Drawdown Indicators

	IYRI	QYLE	Difference
Max Drawdown Largest peak-to-trough decline	-12.12%	0.00%	-12.12%
Max Drawdown (1Y) Largest decline over 1 year	-11.31%	—	—
Current Drawdown Current decline from peak	-5.73%	0.00%	-5.73%
Average Drawdown Average peak-to-trough decline	-1.78%	0.00%	-1.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.54%	—	—

Volatility

Volatility by Period

	IYRI	QYLE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.19%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.48%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.79%	0.00%	+13.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.48%	0.00%	+13.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.48%	0.00%	+13.48%