QQQY.DE vs. QYLE.DE
QQQY.DE (IncomeShares Nasdaq 100 Options(0DTE)ETP EUR) and QYLE.DE (Global X Nasdaq 100 Covered Call UCITS ETF D) are both Nasdaq-100 funds. QQQY.DE is actively managed, while QYLE.DE is passively managed. Over the past year, QQQY.DE returned 29.21% vs 16.40% for QYLE.DE. A 0.59 correlation means they provide meaningful diversification when combined. Both charge a 0.45% expense ratio.
Performance
QQQY.DE vs. QYLE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, QQQY.DE achieves a 16.00% return, which is significantly higher than QYLE.DE's 6.53% return.
QQQY.DE
- 1D
- -0.69%
- 1M
- 7.04%
- YTD
- 16.00%
- 6M
- 15.01%
- 1Y
- 29.21%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QYLE.DE
- 1D
- -1.00%
- 1M
- 2.58%
- YTD
- 6.53%
- 6M
- 7.45%
- 1Y
- 16.40%
- 3Y*
- 12.74%
- 5Y*
- —
- 10Y*
- —
QQQY.DE vs. QYLE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QQQY.DE IncomeShares Nasdaq 100 Options(0DTE)ETP EUR | 16.00% | 2.36% | 2.18% |
QYLE.DE Global X Nasdaq 100 Covered Call UCITS ETF D | 6.53% | -7.62% | 7.57% |
Correlation
The correlation between QQQY.DE and QYLE.DE is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2024 | 0.59 |
The correlation between QQQY.DE and QYLE.DE has been stable across timeframes, ranging from 0.57 to 0.59 - a consistent structural relationship.
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Return for Risk
QQQY.DE vs. QYLE.DE — Risk / Return Rank
QQQY.DE
QYLE.DE
QQQY.DE vs. QYLE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IncomeShares Nasdaq 100 Options(0DTE)ETP EUR (QQQY.DE) and Global X Nasdaq 100 Covered Call UCITS ETF D (QYLE.DE). 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.
| QQQY.DE | QYLE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.52 | ||
| Sortino ratioReturn per unit of downside risk | -0.55 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.30 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 3.87 | -2.06 |
| Martin ratioReturn relative to average drawdown | 3.02 | 10.46 | -7.44 |
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
| QQQY.DE | QYLE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.16 | 1.68 | -0.52 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 1.16 | -0.67 |
Drawdowns
QQQY.DE vs. QYLE.DE - Drawdown Comparison
The maximum QQQY.DE drawdown since its inception was -25.57%, which is greater than QYLE.DE's maximum drawdown of -24.06%. Use the drawdown chart below to compare losses from any high point for QQQY.DE and QYLE.DE.
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Drawdown Indicators
| QQQY.DE | QYLE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.57% | -24.06% | -1.51% |
Max Drawdown (1Y)Largest decline over 1 year | -16.34% | -4.17% | -12.17% |
Max Drawdown (3Y)Largest decline over 3 years | — | -24.06% | — |
Current DrawdownCurrent decline from peak | -1.03% | -5.04% | +4.01% |
Average DrawdownAverage peak-to-trough decline | -10.47% | -5.68% | -4.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.83% | 1.55% | +8.28% |
Volatility
QQQY.DE vs. QYLE.DE - Volatility Comparison
IncomeShares Nasdaq 100 Options(0DTE)ETP EUR (QQQY.DE) has a higher volatility of 3.94% compared to Global X Nasdaq 100 Covered Call UCITS ETF D (QYLE.DE) at 2.32%. This indicates that QQQY.DE's price experiences larger fluctuations and is considered to be riskier than QYLE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QQQY.DE | QYLE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.94% | 2.32% | +1.62% |
Volatility (6M)Calculated over the trailing 6-month period | 9.18% | 6.14% | +3.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.46% | 9.63% | +15.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.58% | 13.25% | +14.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.58% | 13.25% | +14.33% |
QQQY.DE vs. QYLE.DE - Expense Ratio Comparison
Both QQQY.DE and QYLE.DE have an expense ratio of 0.45%.
Dividends
QQQY.DE vs. QYLE.DE - Dividend Comparison
QQQY.DE's dividend yield for the trailing twelve months is around 67.30%, more than QYLE.DE's 8.84% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
QQQY.DE IncomeShares Nasdaq 100 Options(0DTE)ETP EUR | 67.30% | 128.10% | 4.14% | 0.00% |
QYLE.DE Global X Nasdaq 100 Covered Call UCITS ETF D | 8.84% | 10.67% | 15.00% | 20.20% |
Frequently Asked Questions
QQQY.DE and QYLE.DE have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.45% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
QQQY.DE and QYLE.DE have the same expense ratio: 0.45% per year.
They also come from different issuers: Leverage Shares and Global X.
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