KRMA vs. QYLD

Last updated Jul 18, 2026

KRMA (Global X Conscious Companies ETF) and QYLD (Global X NASDAQ 100 Covered Call ETF) are both exchange-traded funds - KRMA is a Large Cap Growth Equities fund tracking the Concinnity Conscious Companies Index GTR Index, while QYLD is a Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2. Both are passively managed. Over the past 10 years, KRMA returned 13.60%/yr vs 9.63%/yr for QYLD. A 0.73 correlation means they provide meaningful diversification when combined. KRMA charges 0.43%/yr vs 0.60%/yr for QYLD.

Performance

KRMA vs. QYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Conscious Companies ETF (KRMA) 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, KRMA achieves a 10.25% return, which is significantly higher than QYLD's 7.05% return. Over the past 10 years, KRMA has outperformed QYLD with an annualized return of 13.60%, while QYLD has yielded a comparatively lower 9.63% annualized return.

KRMA

• 1D: -0.74%
• 1M: 2.00%
• 6M: 9.15%
• YTD: 10.25%
• 1Y: 19.46%
• 3Y*: 16.14%
• 5Y*: 10.10%
• 10Y*: 13.60%

QYLD

• 1D: -1.22%
• 1M: -0.50%
• 6M: 5.79%
• YTD: 7.05%
• 1Y: 19.64%
• 3Y*: 12.48%
• 5Y*: 8.02%
• 10Y*: 9.63%

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

KRMA vs. QYLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KRMA Global X Conscious Companies ETF	10.25%	13.98%	18.12%	22.08%	-18.96%	27.71%	17.53%	30.07%	-3.89%	22.92%
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 KRMA and QYLD is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.73
Correlation (All Time) Calculated using the full available price history since Jul 12, 2016	0.73

The correlation between KRMA and QYLD has been stable across timeframes, ranging from 0.73 to 0.81 - a consistent structural relationship.

KRMA vs. QYLD - Sectors Allocation Comparison

Sectors	KRMA	QYLD
Technology	41.0%	58.7%
Financial Services	12.5%	0.2%
Consumer Cyclical	11.1%	11.4%
Healthcare	9.4%	3.7%
Communication Services	8.8%	14.3%
Industrials	5.9%	2.6%
Consumer Defensive	3.6%	6.4%
Energy	2.4%	0.5%
Basic Materials	2.0%	1.0%
Real Estate	2.0%	0.1%
Utilities	1.0%	1.2%

Return for Risk

KRMA vs. QYLD — Risk / Return Rank

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

KRMA

KRMA Risk / Return Rank: 59
KRMA Sharpe Ratio Rank: 60
KRMA Sortino Ratio Rank: 58
KRMA Omega Ratio Rank: 57
KRMA Calmar Ratio Rank: 58
KRMA Martin Ratio Rank: 62

QYLD

QYLD Risk / Return Rank: 80
QYLD Sharpe Ratio Rank: 71
QYLD Sortino Ratio Rank: 71
QYLD Omega Ratio Rank: 80
QYLD Calmar Ratio Rank: 87
QYLD Martin Ratio Rank: 94

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.

KRMA vs. QYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Conscious Companies ETF (KRMA) 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.

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.

	KRMA	QYLD	Difference
Sharpe ratio: Return per unit of total volatility	1.54	1.82	-0.28
Sortino ratio: Return per unit of downside risk	2.15	2.58	-0.43
Omega ratio: Gain probability vs. loss probability	1.27	1.38	-0.10
Calmar ratio: Return relative to maximum drawdown	2.27	3.97	-1.70
Martin ratio: Return relative to average drawdown	8.30	19.86	-11.56

KRMA vs. QYLD - Sharpe Ratio Comparison

The current KRMA Sharpe Ratio is 1.54, which is comparable to the QYLD Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of KRMA 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.

Drawdowns

KRMA vs. QYLD - Drawdown Comparison

The maximum KRMA drawdown since its inception was -36.16%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for KRMA and QYLD.

Drawdown Indicators

	KRMA	QYLD	Difference
Max Drawdown Largest peak-to-trough decline	-36.16%	-24.75%	-11.41%
Max Drawdown (1Y) Largest decline over 1 year	-8.62%	-4.97%	-3.65%
Max Drawdown (3Y) Largest decline over 3 years	-19.41%	-19.06%	-0.35%
Max Drawdown (5Y) Largest decline over 5 years	-26.12%	-24.61%	-1.51%
Max Drawdown (10Y) Largest decline over 10 years	-36.16%	-24.75%	-11.41%
Current Drawdown Current decline from peak	-2.40%	-3.52%	+1.12%
Average Drawdown Average peak-to-trough decline	-4.89%	-3.81%	-1.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.35%	0.99%	+1.36%

Volatility

KRMA vs. QYLD - Volatility Comparison

The current volatility for Global X Conscious Companies ETF (KRMA) is 2.92%, while Global X NASDAQ 100 Covered Call ETF (QYLD) has a volatility of 5.89%. This indicates that KRMA experiences smaller price fluctuations and is considered to be less risky than QYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KRMA	QYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.92%	5.89%	-2.97%
Volatility (6M) Calculated over the trailing 6-month period	10.02%	9.67%	+0.35%
Volatility (1Y) Calculated over the trailing 1-year period	12.69%	10.81%	+1.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.23%	14.99%	+2.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.47%	15.60%	+2.87%

KRMA vs. QYLD - Expense Ratio Comparison

KRMA has a 0.43% expense ratio, which is lower than QYLD's 0.60% expense ratio.

Dividends

KRMA vs. QYLD - Dividend Comparison

KRMA's dividend yield for the trailing twelve months is around 2.38%, less than QYLD's 11.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KRMA Global X Conscious Companies ETF	2.38%	2.59%	0.91%	1.16%	0.86%	1.07%	0.96%	1.52%	1.82%	1.21%	0.96%	0.00%
QYLD Global X NASDAQ 100 Covered Call ETF	11.78%	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 KRMA and QYLD in my portfolio?

KRMA and QYLD have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KRMA or QYLD?

QYLD has higher volatility (5.89%) compared to KRMA (2.92%). In terms of maximum drawdown, KRMA dropped -36.16% vs QYLD's -24.75%.

Which ETF is better, KRMA or QYLD?

On 10-year performance, KRMA leads with 13.60% vs 9.63% for QYLD. On fees, KRMA is cheaper at 0.43% per year. On volatility, KRMA has been the lower-risk option at 2.92%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KRMA or QYLD?

Over the 10-year period, KRMA has performed better with a 13.60% return vs 9.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KRMA or QYLD?

KRMA is cheaper with a 0.43% expense ratio, compared with 0.60% for QYLD.

Which ETF pays a higher dividend yield, KRMA or QYLD?

QYLD has the higher dividend yield at 11.78%, compared with 2.38% for KRMA.

What is the main difference between KRMA and QYLD?

KRMA is categorized as Large Cap Growth Equities, while QYLD is Nasdaq-100. KRMA tracks Concinnity Conscious Companies Index GTR Index, while QYLD tracks CBOE NASDAQ-100 Buy Write V2. Their fees differ too: 0.43% for KRMA and 0.60% for QYLD.

Which has better risk-adjusted returns?

QYLD currently has the higher Sharpe Ratio (1.82 vs 1.54), 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.