MARO vs. QYLE

Last updated Apr 2, 2026

Compare and contrast key facts about YieldMax MARA Option Income Strategy ETF (MARO) and Global X NASDAQ 100 ESG Covered Call ETF (QYLE).

MARO and QYLE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MARO is an actively managed fund by YieldMax. It was launched on Dec 9, 2024. 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.

Performance

MARO vs. QYLE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax MARA Option Income Strategy ETF (MARO) and Global X NASDAQ 100 ESG Covered Call ETF (QYLE). The values are adjusted to include any dividend payments, if applicable.

MARO vs. QYLE - Yearly Performance Comparison

	2026 (YTD)
MARO YieldMax MARA Option Income Strategy ETF	-1.16%
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%

Returns By Period

MARO

• 1D: -0.37%
• 1M: -13.10%
• YTD: -13.41%
• 6M: -54.21%
• 1Y: -35.01%
• 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)

MARO vs. QYLE - Expense Ratio Comparison

MARO has a 0.99% expense ratio, which is higher than QYLE's 0.61% expense ratio.

MARO

YieldMax MARA Option Income Strategy ETF

QYLE

Global X NASDAQ 100 ESG Covered Call ETF

Return for Risk

MARO vs. QYLE — Risk / Return Rank

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

MARO

MARO Risk / Return Rank: 4
MARO Sharpe Ratio Rank: 3
MARO Sortino Ratio Rank: 4
MARO Omega Ratio Rank: 5
MARO Calmar Ratio Rank: 4
MARO Martin Ratio Rank: 4

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.

MARO vs. QYLE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax MARA Option Income Strategy ETF (MARO) 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.

	MARO	QYLE	Difference
Sharpe ratio Return per unit of total volatility	-0.55	—	—
Sortino ratio Return per unit of downside risk	-0.49	—	—
Omega ratio Gain probability vs. loss probability	0.94	—	—
Calmar ratio Return relative to maximum drawdown	-0.51	—	—
Martin ratio Return relative to average drawdown	-1.00	—	—
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

	MARO	QYLE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.55	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.82	—	—

Dividends

MARO vs. QYLE - Dividend Comparison

MARO's dividend yield for the trailing twelve months is around 280.63%, while QYLE has not paid dividends to shareholders.

	TTM	2025
MARO YieldMax MARA Option Income Strategy ETF	280.63%	277.68%
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%	0.00%

Drawdowns

MARO vs. QYLE - Drawdown Comparison

The maximum MARO drawdown since its inception was -71.75%, which is greater than QYLE's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for MARO and QYLE.

Drawdown Indicators

	MARO	QYLE	Difference
Max Drawdown Largest peak-to-trough decline	-71.75%	0.00%	-71.75%
Max Drawdown (1Y) Largest decline over 1 year	-65.51%	—	—
Current Drawdown Current decline from peak	-67.00%	0.00%	-67.00%
Average Drawdown Average peak-to-trough decline	-40.07%	0.00%	-40.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	33.38%	—	—

Volatility

Volatility by Period

	MARO	QYLE	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.55%	—	—
Volatility (6M) Calculated over the trailing 6-month period	50.16%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	64.44%	0.00%	+64.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	66.70%	0.00%	+66.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	66.70%	0.00%	+66.70%