LGEN.L vs. QYLP.L

Last updated Jun 5, 2026

LGEN.L (Legal & General Group plc) is a stock, while QYLP.L (Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP) is Nasdaq-100 fund tracking the Cboe Nasdaq-100 BuyWrite Index. Over the past 3 years, LGEN.L returned 14.64%/yr vs 6.77%/yr for QYLP.L. At a 0.13 correlation, their price movements are largely independent.

Performance

LGEN.L vs. QYLP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Legal & General Group plc (LGEN.L) and Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP (QYLP.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

LGEN.L is traded in GBp, while QYLP.L is traded in GBP. To make them comparable, the QYLP.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, LGEN.L achieves a 10.37% return, which is significantly higher than QYLP.L's 4.67% return.

LGEN.L

• 1D: 1.49%
• 1M: 10.56%
• YTD: 10.37%
• 6M: 15.39%
• 1Y: 16.27%
• 3Y*: 14.64%
• 5Y*: 7.87%
• 10Y*: 9.18%

QYLP.L

• 1D: -0.91%
• 1M: 2.04%
• YTD: 4.67%
• 6M: 5.64%
• 1Y: 17.92%
• 3Y*: 6.77%
• 5Y*: —
• 10Y*: —

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

LGEN.L vs. QYLP.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
LGEN.L Legal & General Group plc	10.37%	24.31%	-0.17%	9.34%	-3.37%
QYLP.L Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP	4.67%	-4.48%	21.40%	14.93%	-18.74%

Correlation

The correlation between LGEN.L and QYLP.L is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.00
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (All Time) Calculated using the full available price history since Nov 23, 2022	0.13

The correlation between LGEN.L and QYLP.L shifts across timeframes, from -0.00 (1 year) to 0.13 (all time), reflecting how their relationship changes across market environments.

Return for Risk

LGEN.L vs. QYLP.L — Risk / Return Rank

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

LGEN.L

LGEN.L Risk / Return Rank: 63
LGEN.L Sharpe Ratio Rank: 66
LGEN.L Sortino Ratio Rank: 58
LGEN.L Omega Ratio Rank: 59
LGEN.L Calmar Ratio Rank: 64
LGEN.L Martin Ratio Rank: 67

QYLP.L

QYLP.L Risk / Return Rank: 71
QYLP.L Sharpe Ratio Rank: 63
QYLP.L Sortino Ratio Rank: 67
QYLP.L Omega Ratio Rank: 65
QYLP.L Calmar Ratio Rank: 86
QYLP.L Martin Ratio Rank: 75

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.

LGEN.L vs. QYLP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Legal & General Group plc (LGEN.L) and Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP (QYLP.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.

	LGEN.L	QYLP.L	Difference
Sharpe ratio: Return per unit of total volatility	0.78	2.09	-1.30
Sortino ratio: Return per unit of downside risk	1.16	3.03	-1.87
Omega ratio: Gain probability vs. loss probability	1.16	1.38	-0.23
Calmar ratio: Return relative to maximum drawdown	1.14	4.76	-3.61
Martin ratio: Return relative to average drawdown	3.14	14.09	-10.95
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LGEN.L vs. QYLP.L - Sharpe Ratio Comparison

The current LGEN.L Sharpe Ratio is 0.78, which is lower than the QYLP.L Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of LGEN.L and QYLP.L, 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

	LGEN.L	QYLP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.78	2.09	-1.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.30	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.24	+0.07

Drawdowns

LGEN.L vs. QYLP.L - Drawdown Comparison

The maximum LGEN.L drawdown since its inception was -85.42%, which is greater than QYLP.L's maximum drawdown of -22.40%. Use the drawdown chart below to compare losses from any high point for LGEN.L and QYLP.L.

Drawdown Indicators

	LGEN.L	QYLP.L	Difference
Max Drawdown Largest peak-to-trough decline	-85.42%	-22.40%	-63.02%
Max Drawdown (1Y) Largest decline over 1 year	-14.17%	-3.75%	-10.42%
Max Drawdown (3Y) Largest decline over 3 years	-15.59%	-22.40%	+6.81%
Max Drawdown (5Y) Largest decline over 5 years	-29.00%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-56.47%	—	—
Current Drawdown Current decline from peak	0.00%	-4.65%	+4.65%
Average Drawdown Average peak-to-trough decline	-17.45%	-8.64%	-8.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.16%	1.27%	+3.89%

Volatility

LGEN.L vs. QYLP.L - Volatility Comparison

Legal & General Group plc (LGEN.L) has a higher volatility of 7.58% compared to Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP (QYLP.L) at 2.76%. This indicates that LGEN.L's price experiences larger fluctuations and is considered to be riskier than QYLP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LGEN.L	QYLP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.58%	2.76%	+4.82%
Volatility (6M) Calculated over the trailing 6-month period	17.39%	6.58%	+10.81%
Volatility (1Y) Calculated over the trailing 1-year period	20.68%	8.55%	+12.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.16%	15.11%	+9.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.62%	15.11%	+15.51%

Dividends

LGEN.L vs. QYLP.L - Dividend Comparison

LGEN.L's dividend yield for the trailing twelve months is around 8.01%, more than QYLP.L's 7.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LGEN.L Legal & General Group plc	8.01%	8.20%	8.98%	7.82%	7.50%	5.99%	6.60%	5.53%	6.77%	5.36%	5.63%	4.41%
QYLP.L Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP	7.74%	8.93%	8.31%	9.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LGEN.L and QYLP.L in my portfolio?

LGEN.L and QYLP.L have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.