QQCL.TO vs. HYLD

Last updated Jun 24, 2026

QQCL.TO (Global X Enhanced NASDAQ-100 Covered Call ETF) and HYLD (High Yield ETF) are both exchange-traded funds - QQCL.TO is a Nasdaq-100 fund actively managed by Global X, while HYLD is a High Yield Bonds fund actively managed by Exchange Traded Concepts. Both are actively managed. QQCL.TO charges 0.85%/yr vs 1.29%/yr for HYLD.

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.

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: -2.93%
• 1M: 3.36%
• YTD: 20.21%
• 6M: 19.21%
• 1Y: 41.45%
• 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 - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
QQCL.TO Global X Enhanced NASDAQ-100 Covered Call ETF	20.21%	13.10%	41.38%	4.96%
HYLD High Yield ETF	0.00%	0.00%	0.00%	0.00%

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: 76
QQCL.TO Sharpe Ratio Rank: 78
QQCL.TO Sortino Ratio Rank: 71
QQCL.TO Omega Ratio Rank: 76
QQCL.TO Calmar Ratio Rank: 78
QQCL.TO Martin Ratio Rank: 77

HYLD

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

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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	QQCL.TO	HYLD	Difference
Sharpe ratio: Return per unit of total volatility	2.36	—	—
Sortino ratio: Return per unit of downside risk	3.06	—	—
Omega ratio: Gain probability vs. loss probability	1.42	—	—
Calmar ratio: Return relative to maximum drawdown	3.89	—	—
Martin ratio: Return relative to average drawdown	14.20	—	—

Drawdowns

Drawdown Indicators

	QQCL.TO	HYLD	Difference
Max Drawdown Largest peak-to-trough decline	-25.63%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-10.70%	—	—
Current Drawdown Current decline from peak	-2.97%	—	—
Average Drawdown Average peak-to-trough decline	-3.29%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	—	—

Volatility

Volatility by Period

	QQCL.TO	HYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.71%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.67%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.70%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.78%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.78%	—	—

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.

Dividends

QQCL.TO vs. HYLD - Dividend Comparison

QQCL.TO's dividend yield for the trailing twelve months is around 13.22%, while HYLD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
QQCL.TO Global X Enhanced NASDAQ-100 Covered Call ETF	13.22%	14.54%	11.87%	3.68%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, QQCL.TO or HYLD?

On fees, QQCL.TO is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QQCL.TO or HYLD?

QQCL.TO is cheaper with a 0.85% expense ratio, compared with 1.29% for HYLD.

What is the main difference between QQCL.TO and HYLD?

QQCL.TO is categorized as Nasdaq-100, while HYLD is High Yield Bonds. They also come from different issuers: Global X and Exchange Traded Concepts. Their fees differ too: 0.85% for QQCL.TO and 1.29% for HYLD.