LFGY vs. QYLD
LFGY (YieldMax Crypto Industry & Tech Portfolio Option Income ETF) and QYLD (Global X NASDAQ 100 Covered Call ETF) are both exchange-traded funds - LFGY is a Derivative Income fund actively managed by YieldMax, while QYLD is a Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2. LFGY is actively managed, while QYLD is passively managed. Over the past year, LFGY returned -1.80% vs 22.07% for QYLD. A 0.62 correlation means they provide meaningful diversification when combined. LFGY charges 1.02%/yr vs 0.60%/yr for QYLD.
Performance
LFGY vs. QYLD - Performance Comparison
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Returns By Period
In the year-to-date period, LFGY achieves a 10.26% return, which is significantly higher than QYLD's 8.25% return.
LFGY
- 1D
- -2.04%
- 1M
- -7.41%
- YTD
- 10.26%
- 6M
- 6.48%
- 1Y
- -1.80%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QYLD
- 1D
- 0.56%
- 1M
- 1.12%
- YTD
- 8.25%
- 6M
- 7.89%
- 1Y
- 22.07%
- 3Y*
- 14.40%
- 5Y*
- 8.29%
- 10Y*
- 10.21%
LFGY vs. QYLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
LFGY YieldMax Crypto Industry & Tech Portfolio Option Income ETF | 10.26% | -9.35% |
QYLD Global X NASDAQ 100 Covered Call ETF | 8.25% | 9.52% |
Correlation
The correlation between LFGY and QYLD is 0.58, 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 | 0.58 |
Correlation (All Time) Calculated using the full available price history since Jan 14, 2025 | 0.62 |
The correlation between LFGY and QYLD has been stable across timeframes, ranging from 0.58 to 0.62 - a consistent structural relationship.
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Return for Risk
LFGY vs. QYLD — Risk / Return Rank
LFGY
QYLD
LFGY vs. QYLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) 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.
| LFGY | QYLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.33 | ||
| Sortino ratioReturn per unit of downside risk | -3.01 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.51 | -0.48 |
| Calmar ratioReturn relative to maximum drawdown | -0.05 | 4.46 | -4.51 |
| Martin ratioReturn relative to average drawdown | -0.11 | 24.33 | -24.44 |
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Drawdowns
LFGY vs. QYLD - Drawdown Comparison
The maximum LFGY drawdown since its inception was -35.94%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for LFGY and QYLD.
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Drawdown Indicators
| LFGY | QYLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.94% | -24.75% | -11.19% |
Max Drawdown (1Y)Largest decline over 1 year | -35.94% | -4.97% | -30.97% |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.06% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.61% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.75% | — |
Current DrawdownCurrent decline from peak | -15.78% | -1.77% | -14.01% |
Average DrawdownAverage peak-to-trough decline | -13.95% | -3.82% | -10.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.69% | 0.91% | +15.78% |
Volatility
LFGY vs. QYLD - Volatility Comparison
YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) has a higher volatility of 13.75% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 4.78%. This indicates that LFGY'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.
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Volatility by Period
| LFGY | QYLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.75% | 4.78% | +8.97% |
Volatility (6M)Calculated over the trailing 6-month period | 31.52% | 8.45% | +23.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.63% | 9.69% | +28.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.38% | 14.84% | +27.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.38% | 15.55% | +26.83% |
LFGY vs. QYLD - Expense Ratio Comparison
LFGY has a 1.02% expense ratio, which is higher than QYLD's 0.60% expense ratio.
Dividends
LFGY vs. QYLD - Dividend Comparison
LFGY's dividend yield for the trailing twelve months is around 87.63%, more than QYLD's 11.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LFGY YieldMax Crypto Industry & Tech Portfolio Option Income ETF | 87.63% | 94.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QYLD Global X NASDAQ 100 Covered Call ETF | 11.64% | 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
LFGY and QYLD have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LFGY has higher volatility (13.75%) compared to QYLD (4.78%). In terms of maximum drawdown, LFGY dropped -35.94% vs QYLD's -24.75%.
On 1-year performance, QYLD leads with 22.07% vs -1.80% for LFGY. On fees, QYLD is cheaper at 0.60% per year. On volatility, QYLD has been the lower-risk option at 4.78%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, QYLD has performed better with a 22.07% return vs -1.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
QYLD is cheaper with a 0.60% expense ratio, compared with 1.02% for LFGY.
LFGY has the higher dividend yield at 87.63%, compared with 11.64% for QYLD.
LFGY is categorized as Derivative Income, while QYLD is Nasdaq-100. They also come from different issuers: YieldMax and Global X. Their fees differ too: 1.02% for LFGY and 0.60% for QYLD.
QYLD currently has the higher Sharpe Ratio (2.29 vs -0.05), 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.
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