NFLW vs. QYLD

Last updated Jun 4, 2026

NFLW (Roundhill NFLX WeeklyPay ETF) and QYLD (Global X NASDAQ 100 Covered Call ETF) are both exchange-traded funds - NFLW is a Derivative Income fund actively managed by Roundhill, while QYLD is a Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2. NFLW is actively managed, while QYLD is passively managed. At a 0.19 correlation, their price movements are largely independent. NFLW charges 0.99%/yr vs 0.60%/yr for QYLD.

Performance

NFLW vs. QYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill NFLX WeeklyPay ETF (NFLW) 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, NFLW achieves a -16.78% return, which is significantly lower than QYLD's 7.88% return.

NFLW

• 1D: -2.48%
• 1M: -12.48%
• YTD: -16.78%
• 6M: -26.68%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QYLD

• 1D: -0.06%
• 1M: 1.62%
• YTD: 7.88%
• 6M: 9.97%
• 1Y: 23.93%
• 3Y*: 13.80%
• 5Y*: 8.43%
• 10Y*: 9.80%

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

NFLW vs. QYLD - Yearly Performance Comparison

	2026 (YTD)	2025
NFLW Roundhill NFLX WeeklyPay ETF	-16.78%	-29.02%
QYLD Global X NASDAQ 100 Covered Call ETF	7.88%	13.91%

Correlation

The correlation between NFLW and QYLD is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 20, 2025	0.19

NFLW vs. QYLD - Sectors Allocation Comparison

Sectors	NFLW	QYLD
Communication Services	25.9%	15.8%
Basic Materials	-	1.1%
Consumer Cyclical	-	12.3%
Consumer Defensive	-	7.7%
Energy	-	0.6%
Financial Services	-	0.2%
Healthcare	-	4.2%
Industrials	-	2.8%
Real Estate	-	0.1%
Technology	-	53.8%
Utilities	-	1.4%

Return for Risk

NFLW vs. QYLD — Risk / Return Rank

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

QYLD

QYLD Risk / Return Rank: 88
QYLD Sharpe Ratio Rank: 84
QYLD Sortino Ratio Rank: 85
QYLD Omega Ratio Rank: 92
QYLD Calmar Ratio Rank: 86
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.

NFLW vs. QYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill NFLX WeeklyPay ETF (NFLW) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	NFLW	QYLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.80	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.58	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.63	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.05	0.59	-1.65

Drawdowns

NFLW vs. QYLD - Drawdown Comparison

The maximum NFLW drawdown since its inception was -50.73%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for NFLW and QYLD.

Drawdown Indicators

	NFLW	QYLD	Difference
Max Drawdown Largest peak-to-trough decline	-50.73%	-24.75%	-25.98%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.97%	—
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 Drawdown Current decline from peak	-47.00%	-0.06%	-46.94%
Average Drawdown Average peak-to-trough decline	-26.84%	-3.84%	-23.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.85%	—

Volatility

Volatility by Period

	NFLW	QYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.85%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.12%	—
Volatility (1Y) Calculated over the trailing 1-year period	40.34%	8.58%	+31.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.34%	14.70%	+25.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.34%	15.49%	+24.85%

NFLW vs. QYLD - Expense Ratio Comparison

NFLW has a 0.99% expense ratio, which is higher than QYLD's 0.60% expense ratio.

Dividends

NFLW vs. QYLD - Dividend Comparison

NFLW's dividend yield for the trailing twelve months is around 73.24%, more than QYLD's 11.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NFLW Roundhill NFLX WeeklyPay ETF	73.24%	38.89%	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	11.46%	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 NFLW and QYLD in my portfolio?

NFLW and QYLD have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NFLW or QYLD?

On fees, QYLD is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NFLW or QYLD?

QYLD is cheaper with a 0.60% expense ratio, compared with 0.99% for NFLW.

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

NFLW has the higher dividend yield at 73.24%, compared with 11.46% for QYLD.

What is the main difference between NFLW and QYLD?

NFLW is categorized as Derivative Income, while QYLD is Nasdaq-100. They also come from different issuers: Roundhill and Global X. Their fees differ too: 0.99% for NFLW and 0.60% for QYLD.