QYLD.L vs. JEQP.L
QYLD.L (Global X Nasdaq 100 Covered Call UCITS ETF USD (Dist)) and JEQP.L (JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP) are both Nasdaq-100 funds. QYLD.L is passively managed, while JEQP.L is actively managed. Over the past year, QYLD.L returned 16.20% vs 21.15% for JEQP.L. A 0.61 correlation means they provide meaningful diversification when combined. QYLD.L charges 0.45%/yr vs 0.35%/yr for JEQP.L.
Performance
QYLD.L vs. JEQP.L - Performance Comparison
Loading charts...
Different Trading Currencies
QYLD.L is traded in USD, while JEQP.L is traded in GBp. To make them comparable, the JEQP.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, QYLD.L achieves a 4.70% return, which is significantly lower than JEQP.L's 8.08% return.
QYLD.L
- 1D
- -2.15%
- 1M
- -2.53%
- 6M
- 3.85%
- YTD
- 4.70%
- 1Y
- 16.20%
- 3Y*
- 11.90%
- 5Y*
- —
- 10Y*
- —
JEQP.L
- 1D
- 0.00%
- 1M
- -0.31%
- 6M
- 7.01%
- YTD
- 8.08%
- 1Y
- 21.15%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QYLD.L vs. JEQP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QYLD.L Global X Nasdaq 100 Covered Call UCITS ETF USD (Dist) | 4.70% | 5.36% | 7.94% |
JEQP.L JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP | 8.08% | 14.92% | -19.96% |
Correlation
The correlation between QYLD.L and JEQP.L is 0.73, 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 | 0.73 |
Correlation (All Time) Calculated using the full available price history since Oct 29, 2024 | 0.61 |
The correlation between QYLD.L and JEQP.L shifts across timeframes, from 0.61 (all time) to 0.73 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QYLD.L vs. JEQP.L — Risk / Return Rank
QYLD.L
JEQP.L
QYLD.L vs. JEQP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Nasdaq 100 Covered Call UCITS ETF USD (Dist) (QYLD.L) and JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP (JEQP.L). 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.
| QYLD.L | JEQP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.30 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.44 | 2.47 | +0.98 |
| Martin ratioReturn relative to average drawdown | 15.06 | 10.36 | +4.71 |
Loading charts...
Drawdowns
QYLD.L vs. JEQP.L - Drawdown Comparison
The maximum QYLD.L drawdown since its inception was -21.59%, smaller than the maximum JEQP.L drawdown of -99.03%. Use the drawdown chart below to compare losses from any high point for QYLD.L and JEQP.L.
Loading charts...
Drawdown Indicators
| QYLD.L | JEQP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.59% | -99.03% | +77.44% |
Max Drawdown (1Y)Largest decline over 1 year | -4.68% | -8.61% | +3.93% |
Max Drawdown (3Y)Largest decline over 3 years | -21.59% | — | — |
Current DrawdownCurrent decline from peak | -3.81% | -1.98% | -1.83% |
Average DrawdownAverage peak-to-trough decline | -2.76% | -14.41% | +11.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.07% | 2.05% | -0.98% |
Volatility
QYLD.L vs. JEQP.L - Volatility Comparison
Global X Nasdaq 100 Covered Call UCITS ETF USD (Dist) (QYLD.L) and JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP (JEQP.L) have volatilities of 5.08% and 5.00%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QYLD.L | JEQP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.08% | 5.00% | +0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 8.46% | 10.27% | -1.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.99% | 13.23% | -3.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.29% | 5,924.43% | -5,908.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.29% | 5,924.43% | -5,908.14% |
QYLD.L vs. JEQP.L - Expense Ratio Comparison
QYLD.L has a 0.45% expense ratio, which is higher than JEQP.L's 0.35% expense ratio.
Dividends
QYLD.L vs. JEQP.L - Dividend Comparison
QYLD.L's dividend yield for the trailing twelve months is around 11.85%, more than JEQP.L's 10.25% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
JEQP.L JPM Nasdaq Equity Premium Income Active UCITS ETF USD Dist GBP | 10.25% | 10.25% | 0.73% | 0.00% |
QYLD.L Global X Nasdaq 100 Covered Call UCITS ETF USD (Dist) | 11.85% | 11.41% | 12.28% | 10.88% |
Frequently Asked Questions
QYLD.L and JEQP.L have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JEQP.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JEQP.L is cheaper with a 0.35% expense ratio, compared with 0.45% for QYLD.L.
They also come from different issuers: Global X and JPMorgan. Their fees differ too: 0.45% for QYLD.L and 0.35% for JEQP.L.
Find the right allocation for QYLD.L and JEQP.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer