QTUM-USD vs. QYLD

Last updated Apr 2, 2026

Compare and contrast key facts about QTUM (QTUM-USD) and Global X NASDAQ 100 Covered Call ETF (QYLD).

QYLD is a passively managed fund by Global X that tracks the performance of the CBOE NASDAQ-100 Buy Write V2. It was launched on Dec 12, 2013.

Performance

QTUM-USD vs. QYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in QTUM (QTUM-USD) and Global X NASDAQ 100 Covered Call ETF (QYLD). The values are adjusted to include any dividend payments, if applicable.

QTUM-USD vs. QYLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
QTUM-USD QTUM	-31.09%	-55.51%	-19.33%	103.93%	-79.08%	293.16%	38.57%	-24.72%	-96.59%	422.64%
QYLD Global X NASDAQ 100 Covered Call ETF	0.61%	9.28%	19.35%	22.77%	-19.08%	10.41%	8.72%	22.69%	-3.07%	1.76%

Returns By Period

In the year-to-date period, QTUM-USD achieves a -31.09% return, which is significantly lower than QYLD's 0.61% return.

QTUM-USD

• 1D: 3.55%
• 1M: -1.12%
• YTD: -31.09%
• 6M: -58.99%
• 1Y: -53.33%
• 3Y*: -33.16%
• 5Y*: -38.17%
• 10Y*: —

QYLD

• 1D: 0.58%
• 1M: -1.11%
• YTD: 0.61%
• 6M: 7.46%
• 1Y: 16.36%
• 3Y*: 13.19%
• 5Y*: 7.01%
• 10Y*: 8.96%

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

Return for Risk

QTUM-USD vs. QYLD — Risk / Return Rank

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

QTUM-USD

QTUM-USD Risk / Return Rank: 49
QTUM-USD Sharpe Ratio Rank: 36
QTUM-USD Sortino Ratio Rank: 41
QTUM-USD Omega Ratio Rank: 41
QTUM-USD Calmar Ratio Rank: 64
QTUM-USD Martin Ratio Rank: 61

QYLD

QYLD Risk / Return Rank: 68
QYLD Sharpe Ratio Rank: 54
QYLD Sortino Ratio Rank: 61
QYLD Omega Ratio Rank: 79
QYLD Calmar Ratio Rank: 59
QYLD Martin Ratio Rank: 85

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.

QTUM-USD vs. QYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for QTUM (QTUM-USD) 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.

	QTUM-USD	QYLD	Difference
Sharpe ratio Return per unit of total volatility	-0.65	1.00	-1.65
Sortino ratio Return per unit of downside risk	-0.73	1.61	-2.35
Omega ratio Gain probability vs. loss probability	0.93	1.31	-0.38
Calmar ratio Return relative to maximum drawdown	-1.00	1.57	-2.57
Martin ratio Return relative to average drawdown	-1.51	10.32	-11.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QTUM-USD vs. QYLD - Sharpe Ratio Comparison

The current QTUM-USD Sharpe Ratio is -0.65, which is lower than the QYLD Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of QTUM-USD and QYLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	QTUM-USD	QYLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.65	1.00	-1.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.36	0.47	-0.84
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.58	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.22	0.56	-0.77

Correlation

The correlation between QTUM-USD and QYLD is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

QTUM-USD vs. QYLD - Drawdown Comparison

The maximum QTUM-USD drawdown since its inception was -99.16%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for QTUM-USD and QYLD.

Drawdown Indicators

	QTUM-USD	QYLD	Difference
Max Drawdown Largest peak-to-trough decline	-99.16%	-24.75%	-74.41%
Max Drawdown (1Y) Largest decline over 1 year	-74.30%	-10.84%	-63.46%
Max Drawdown (5Y) Largest decline over 5 years	-97.08%	-24.61%	-72.47%
Max Drawdown (10Y) Largest decline over 10 years	—	-24.75%	—
Current Drawdown Current decline from peak	-99.03%	-1.84%	-97.19%
Average Drawdown Average peak-to-trough decline	-93.16%	-3.89%	-89.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	49.03%	1.65%	+47.38%

Volatility

QTUM-USD vs. QYLD - Volatility Comparison

QTUM (QTUM-USD) has a higher volatility of 20.24% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 4.90%. This indicates that QTUM-USD's price experiences larger fluctuations and is considered to be riskier than QYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QTUM-USD	QYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.24%	4.90%	+15.34%
Volatility (6M) Calculated over the trailing 6-month period	62.01%	7.50%	+54.51%
Volatility (1Y) Calculated over the trailing 1-year period	68.14%	16.43%	+51.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	87.56%	14.84%	+72.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	100.19%	15.51%	+84.68%