QLDY vs. QYLE

Last updated Apr 2, 2026

Compare and contrast key facts about Defiance Nasdaq 100 LightningSpread Income ETF (QLDY) and Global X NASDAQ 100 ESG Covered Call ETF (QYLE).

QLDY and QYLE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QLDY is an actively managed fund by Defiance. It was launched on Sep 17, 2025. 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

QLDY vs. QYLE - Performance Comparison

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

QLDY vs. QYLE - Yearly Performance Comparison

	2026 (YTD)
QLDY Defiance Nasdaq 100 LightningSpread Income ETF	-6.93%
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%

Returns By Period

QLDY

• 1D: 1.52%
• 1M: -6.07%
• YTD: -9.50%
• 6M: -9.60%
• 1Y: —
• 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)

QLDY vs. QYLE - Expense Ratio Comparison

QLDY has a 1.04% expense ratio, which is higher than QYLE's 0.61% expense ratio.

QLDY

Defiance Nasdaq 100 LightningSpread Income ETF

QYLE

Global X NASDAQ 100 ESG Covered Call ETF

Return for Risk

QLDY vs. QYLE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Nasdaq 100 LightningSpread Income ETF (QLDY) 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.

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

Sharpe Ratios by Period

	QLDY	QYLE	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.75	—	—

Dividends

QLDY vs. QYLE - Dividend Comparison

QLDY's dividend yield for the trailing twelve months is around 19.76%, while QYLE has not paid dividends to shareholders.

	TTM	2025
QLDY Defiance Nasdaq 100 LightningSpread Income ETF	19.76%	9.34%
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%	0.00%

Drawdowns

QLDY vs. QYLE - Drawdown Comparison

The maximum QLDY drawdown since its inception was -17.44%, which is greater than QYLE's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for QLDY and QYLE.

Drawdown Indicators

	QLDY	QYLE	Difference
Max Drawdown Largest peak-to-trough decline	-17.44%	0.00%	-17.44%
Current Drawdown Current decline from peak	-13.33%	0.00%	-13.33%
Average Drawdown Average peak-to-trough decline	-4.81%	0.00%	-4.81%

Volatility

Volatility by Period

	QLDY	QYLE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	19.69%	0.00%	+19.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.69%	0.00%	+19.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.69%	0.00%	+19.69%