QYLD.L vs. KSTR.L
QYLD.L (Global X NASDAQ 100 Covered Call UCITS ETF) and KSTR.L (KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF) are both Global Equities funds - QYLD.L tracks the Global X NASDAQ 100 Covered Call UCITS ETF while KSTR.L tracks the KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF. Both are passively managed. Over the past 3 years, QYLD.L returned 12.76%/yr vs 21.29%/yr for KSTR.L. At a 0.23 correlation, their price movements are largely independent.
Performance
QYLD.L vs. KSTR.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QYLD.L achieves a 7.25% return, which is significantly lower than KSTR.L's 41.53% return.
QYLD.L
- 1D
- -0.53%
- 1M
- -0.10%
- 6M
- 6.26%
- YTD
- 7.25%
- 1Y
- 19.10%
- 3Y*
- 12.76%
- 5Y*
- —
- 10Y*
- —
KSTR.L
- 1D
- -4.62%
- 1M
- 3.52%
- 6M
- 25.64%
- YTD
- 41.53%
- 1Y
- 93.56%
- 3Y*
- 21.29%
- 5Y*
- -0.22%
- 10Y*
- —
QYLD.L vs. KSTR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
QYLD.L Global X NASDAQ 100 Covered Call UCITS ETF | 7.25% | 5.36% | 24.77% | 23.25% | -2.11% |
KSTR.L KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF | 41.53% | 42.76% | 5.23% | -18.80% | -4.19% |
Correlation
The correlation between QYLD.L and KSTR.L is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Nov 22, 2022 | 0.23 |
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. KSTR.L — Risk / Return Rank
QYLD.L
KSTR.L
QYLD.L vs. KSTR.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X NASDAQ 100 Covered Call UCITS ETF (QYLD.L) and KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF (KSTR.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 | KSTR.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.33 | ||
| Sortino ratioReturn per unit of downside risk | +0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.38 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 4.05 | 4.76 | -0.71 |
| Martin ratioReturn relative to average drawdown | 18.18 | 12.21 | +5.98 |
Loading charts...
Drawdowns
QYLD.L vs. KSTR.L - Drawdown Comparison
The maximum QYLD.L drawdown since its inception was -21.59%, smaller than the maximum KSTR.L drawdown of -66.67%. Use the drawdown chart below to compare losses from any high point for QYLD.L and KSTR.L.
Loading charts...
Drawdown Indicators
| QYLD.L | KSTR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.59% | -66.67% | +45.08% |
Max Drawdown (1Y)Largest decline over 1 year | -4.68% | -19.42% | +14.74% |
Max Drawdown (3Y)Largest decline over 3 years | -21.59% | -36.60% | +15.01% |
Max Drawdown (5Y)Largest decline over 5 years | — | -66.38% | — |
Current DrawdownCurrent decline from peak | -1.47% | -18.75% | +17.28% |
Average DrawdownAverage peak-to-trough decline | -2.76% | -39.83% | +37.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.04% | 7.58% | -6.54% |
Volatility
QYLD.L vs. KSTR.L - Volatility Comparison
The current volatility for Global X NASDAQ 100 Covered Call UCITS ETF (QYLD.L) is 4.59%, while KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF (KSTR.L) has a volatility of 19.20%. This indicates that QYLD.L experiences smaller price fluctuations and is considered to be less risky than KSTR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QYLD.L | KSTR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.59% | 19.20% | -14.61% |
Volatility (6M)Calculated over the trailing 6-month period | 8.15% | 33.48% | -25.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.73% | 40.57% | -30.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.25% | 34.52% | -18.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.25% | 34.46% | -18.21% |
Dividends
QYLD.L vs. KSTR.L - Dividend Comparison
QYLD.L's dividend yield for the trailing twelve months is around 11.57%, while KSTR.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
KSTR.L KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% |
QYLD.L Global X NASDAQ 100 Covered Call UCITS ETF | 11.57% | 11.41% | 12.28% | 10.88% |
Frequently Asked Questions
QYLD.L and KSTR.L have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QYLD.L tracks Global X NASDAQ 100 Covered Call UCITS ETF, while KSTR.L tracks KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF. They also come from different issuers: Global X and KraneShares.
Find the right allocation for QYLD.L and KSTR.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