JEGA.L vs. QYLU.L
JEGA.L (JPMorgan Global Equity Premium Income Active UCITS ETF USD (Acc)) and QYLU.L (Global X Nasdaq 100 Covered Call UCITS ETF USD (Acc)) are both exchange-traded funds - JEGA.L is a Derivative Income fund actively managed by JPMorgan, while QYLU.L is a Nasdaq-100 fund tracking the Cboe Nasdaq-100 BuyWrite v2 UCITS Index. JEGA.L is actively managed, while QYLU.L is passively managed. Over the past year, JEGA.L returned 6.69% vs 15.38% for QYLU.L. Their 0.17 correlation means their historical movements had little consistent relationship. JEGA.L charges 0.35%/yr vs 0.45%/yr for QYLU.L.
Performance
JEGA.L vs. QYLU.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JEGA.L achieves a 1.26% return, which is significantly lower than QYLU.L's 4.24% return.
JEGA.L
- 1D
- 0.00%
- 1M
- 2.97%
- 6M
- 0.09%
- YTD
- 1.26%
- 1Y
- 6.69%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 8.90%
QYLU.L
- 1D
- -0.16%
- 1M
- -1.72%
- 6M
- 2.46%
- YTD
- 4.24%
- 1Y
- 15.38%
- 3Y*
- 11.06%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 14.08%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $41.78K | $174.21K | $183.86K | |
| $227.31K | $229.53K | $321.71K |
JEGA.L vs. QYLU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
JEGA.L JPMorgan Global Equity Premium Income Active UCITS ETF USD (Acc) | 1.26% | 12.42% | 7.86% | 2.17% |
QYLU.L Global X Nasdaq 100 Covered Call UCITS ETF USD (Acc) | 4.24% | 5.59% | 22.94% | 2.60% |
Correlation
The correlation between JEGA.L and QYLU.L is 0.09, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.09 |
Correlation (All Time) Calculated using the full available price history since Nov 30, 2023 | 0.17 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JEGA.L vs. QYLU.L — Risk / Return Rank
JEGA.L
QYLU.L
JEGA.L vs. QYLU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Global Equity Premium Income Active UCITS ETF USD (Acc) (JEGA.L) and Global X Nasdaq 100 Covered Call UCITS ETF USD (Acc) (QYLU.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.
| JEGA.L | QYLU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.32 | ||
| Sortino ratioReturn per unit of downside risk | -0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.22 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.81 | 3.08 | -2.27 |
| Martin ratioReturn relative to average drawdown | 1.68 | 9.74 | -8.06 |
Loading charts...
Drawdowns
JEGA.L vs. QYLU.L - Drawdown Comparison
The maximum JEGA.L drawdown since its inception was -8.25%, smaller than the maximum QYLU.L drawdown of -19.93%. Use the drawdown chart below to compare losses from any high point for JEGA.L and QYLU.L.
Loading charts...
Drawdown Indicators
| JEGA.L | QYLU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.25% | -19.93% | +11.68% |
Max Drawdown (1Y)Largest decline over 1 year | -8.25% | -4.97% | -3.28% |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.93% | — |
Current DrawdownCurrent decline from peak | -4.13% | -4.28% | +0.15% |
Average DrawdownAverage peak-to-trough decline | -1.82% | -2.43% | +0.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.99% | 1.58% | +2.41% |
Volatility
JEGA.L vs. QYLU.L - Volatility Comparison
The current volatility for JPMorgan Global Equity Premium Income Active UCITS ETF USD (Acc) (JEGA.L) is 2.87%, while Global X Nasdaq 100 Covered Call UCITS ETF USD (Acc) (QYLU.L) has a volatility of 5.36%. This indicates that JEGA.L experiences smaller price fluctuations and is considered to be less risky than QYLU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JEGA.L | QYLU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.87% | 5.36% | -2.49% |
Volatility (6M)Calculated over the trailing 6-month period | 6.38% | 9.58% | -3.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.24% | 13.40% | -5.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.38% | 15.62% | -6.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.38% | 15.62% | -6.24% |
JEGA.L vs. QYLU.L - Expense Ratio Comparison
JEGA.L has a 0.35% expense ratio, which is lower than QYLU.L's 0.45% expense ratio.
Dividends
JEGA.L vs. QYLU.L - Dividend Comparison
Neither JEGA.L nor QYLU.L has paid dividends to shareholders.
Frequently Asked Questions
JEGA.L and QYLU.L have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JEGA.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JEGA.L is cheaper with a 0.35% expense ratio, compared with 0.45% for QYLU.L.
JEGA.L is categorized as Derivative Income, while QYLU.L is Nasdaq-100. They also come from different issuers: JPMorgan and Global X. Their fees differ too: 0.35% for JEGA.L and 0.45% for QYLU.L.
Find the right allocation for JEGA.L and QYLU.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer