NDIA vs. QYLD
Compare and contrast key facts about Global X Funds - Global X India Active ETF (NDIA) and Global X NASDAQ 100 Covered Call ETF (QYLD).
NDIA and QYLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NDIA is an actively managed fund by Global X. It was launched on Aug 17, 2023. QYLD is a passively managed fund by Global X that tracks the performance of the CBOE NASDAQ-100 Buy Write V2. It was launched on Dec 12, 2013.
Performance
NDIA vs. QYLD - Performance Comparison
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NDIA vs. QYLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NDIA Global X Funds - Global X India Active ETF | -13.32% | 5.04% | 5.75% | 12.71% |
QYLD Global X NASDAQ 100 Covered Call ETF | 0.61% | 9.28% | 19.35% | 5.28% |
Returns By Period
In the year-to-date period, NDIA achieves a -13.32% return, which is significantly lower than QYLD's 0.61% return.
NDIA
- 1D
- -0.20%
- 1M
- -9.40%
- YTD
- -13.32%
- 6M
- -9.55%
- 1Y
- -5.83%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QYLD
- 1D
- 0.58%
- 1M
- -1.11%
- YTD
- 0.61%
- 6M
- 7.46%
- 1Y
- 16.36%
- 3Y*
- 13.19%
- 5Y*
- 7.01%
- 10Y*
- 8.96%
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NDIA vs. QYLD - Expense Ratio Comparison
NDIA has a 0.76% expense ratio, which is higher than QYLD's 0.60% expense ratio.
Return for Risk
NDIA vs. QYLD — Risk / Return Rank
NDIA
QYLD
NDIA vs. QYLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Funds - Global X India Active ETF (NDIA) 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.
| NDIA | QYLD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.34 | 1.00 | -1.34 |
Sortino ratioReturn per unit of downside risk | -0.39 | 1.61 | -2.01 |
Omega ratioGain probability vs. loss probability | 0.95 | 1.31 | -0.36 |
Calmar ratioReturn relative to maximum drawdown | -0.39 | 1.57 | -1.96 |
Martin ratioReturn relative to average drawdown | -1.33 | 10.32 | -11.65 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NDIA | QYLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.34 | 1.00 | -1.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.47 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.58 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.56 | -0.34 |
Correlation
The correlation between NDIA and QYLD is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
NDIA vs. QYLD - Dividend Comparison
NDIA's dividend yield for the trailing twelve months is around 1.27%, less than QYLD's 11.85% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NDIA Global X Funds - Global X India Active ETF | 1.27% | 1.10% | 3.66% | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QYLD Global X NASDAQ 100 Covered Call ETF | 11.85% | 11.55% | 12.50% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% |
Drawdowns
NDIA vs. QYLD - Drawdown Comparison
The maximum NDIA drawdown since its inception was -22.05%, smaller than the maximum QYLD drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for NDIA and QYLD.
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Drawdown Indicators
| NDIA | QYLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.05% | -24.75% | +2.70% |
Max Drawdown (1Y)Largest decline over 1 year | -18.03% | -10.84% | -7.19% |
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 | -19.62% | -1.84% | -17.78% |
Average DrawdownAverage peak-to-trough decline | -6.47% | -3.89% | -2.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.29% | 1.65% | +3.64% |
Volatility
NDIA vs. QYLD - Volatility Comparison
Global X Funds - Global X India Active ETF (NDIA) has a higher volatility of 7.09% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 4.90%. This indicates that NDIA'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
| NDIA | QYLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.09% | 4.90% | +2.19% |
Volatility (6M)Calculated over the trailing 6-month period | 11.52% | 7.50% | +4.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.07% | 16.43% | +0.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.15% | 14.84% | +0.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.15% | 15.51% | -0.36% |