QQCL.TO vs. HYLD

Last updated Apr 1, 2026

Compare and contrast key facts about Global X Enhanced NASDAQ-100 Covered Call ETF (QQCL.TO) and High Yield ETF (HYLD).

QQCL.TO and HYLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQCL.TO is an actively managed fund by Global X. It was launched on Oct 10, 2023. HYLD is an actively managed fund by Eve Capital. It was launched on Nov 30, 2010.

Performance

QQCL.TO vs. HYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Enhanced NASDAQ-100 Covered Call ETF (QQCL.TO) and High Yield ETF (HYLD). The values are adjusted to include any dividend payments, if applicable.

QQCL.TO vs. HYLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
QQCL.TO Global X Enhanced NASDAQ-100 Covered Call ETF	-4.67%	13.10%	41.38%	5.48%
HYLD High Yield ETF	0.00%	0.00%	0.00%	0.00%

Different Trading Currencies

QQCL.TO is traded in CAD, while HYLD is traded in USD. To make them comparable, the HYLD values have been converted to CAD using the latest available exchange rates.

Returns By Period

QQCL.TO

• 1D: 2.65%
• 1M: -3.98%
• YTD: -4.67%
• 6M: -2.53%
• 1Y: 17.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HYLD

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QQCL.TO vs. HYLD - Expense Ratio Comparison

QQCL.TO has a 0.85% expense ratio, which is lower than HYLD's 1.29% expense ratio.

HYLD

High Yield ETF

QQCL.TO

Global X Enhanced NASDAQ-100 Covered Call ETF

Return for Risk

QQCL.TO vs. HYLD — Risk / Return Rank

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

QQCL.TO

QQCL.TO Risk / Return Rank: 48
QQCL.TO Sharpe Ratio Rank: 43
QQCL.TO Sortino Ratio Rank: 45
QQCL.TO Omega Ratio Rank: 51
QQCL.TO Calmar Ratio Rank: 49
QQCL.TO Martin Ratio Rank: 51

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.

QQCL.TO vs. HYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Enhanced NASDAQ-100 Covered Call ETF (QQCL.TO) and High Yield ETF (HYLD). 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.

	QQCL.TO	HYLD	Difference
Sharpe ratio Return per unit of total volatility	0.74	—	—
Sortino ratio Return per unit of downside risk	1.18	—	—
Omega ratio Gain probability vs. loss probability	1.18	—	—
Calmar ratio Return relative to maximum drawdown	1.15	—	—
Martin ratio Return relative to average drawdown	4.61	—	—
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

	QQCL.TO	HYLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.74	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.03	—	—

Dividends

QQCL.TO vs. HYLD - Dividend Comparison

QQCL.TO's dividend yield for the trailing twelve months is around 14.48%, while HYLD has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QQCL.TO Global X Enhanced NASDAQ-100 Covered Call ETF	14.48%	14.54%	11.87%	3.68%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HYLD High Yield ETF	0.00%	0.00%	0.00%	4.67%	7.86%	6.45%	7.52%	7.46%	7.97%	7.18%	6.59%	10.87%

Drawdowns

Drawdown Indicators

	QQCL.TO	HYLD	Difference
Max Drawdown Largest peak-to-trough decline	-25.63%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-16.21%	—	—
Current Drawdown Current decline from peak	-8.32%	—	—
Average Drawdown Average peak-to-trough decline	-3.48%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.04%	—	—

Volatility

Volatility by Period

	QQCL.TO	HYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.86%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.95%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.34%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.61%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.61%	—	—