QYLD.L vs. SDIP.L
QYLD.L (Global X NASDAQ 100 Covered Call UCITS ETF) and SDIP.L (Global X SuperDividend UCITS ETF USD Distributing) are both exchange-traded funds - QYLD.L is a Global Equities fund tracking the Global X NASDAQ 100 Covered Call UCITS ETF, while SDIP.L is a Dividend fund tracking the Solactive Global SuperDividend Index. Both are passively managed. Over the past 3 years, QYLD.L returned 12.76%/yr vs 13.06%/yr for SDIP.L. At a 0.33 correlation, their price movements are largely independent.
Performance
QYLD.L vs. SDIP.L - Performance Comparison
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Different Trading Currencies
QYLD.L is traded in USD, while SDIP.L is traded in GBP. To make them comparable, the SDIP.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 7.25% return, which is significantly lower than SDIP.L's 8.37% return.
QYLD.L
- 1D
- -0.53%
- 1M
- -0.10%
- 6M
- 6.26%
- YTD
- 7.25%
- 1Y
- 19.10%
- 3Y*
- 12.76%
- 5Y*
- —
- 10Y*
- —
SDIP.L
- 1D
- 0.87%
- 1M
- 0.56%
- 6M
- 4.50%
- YTD
- 8.37%
- 1Y
- 17.06%
- 3Y*
- 13.06%
- 5Y*
- —
- 10Y*
- —
QYLD.L vs. SDIP.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% |
SDIP.L Global X SuperDividend UCITS ETF USD Distributing | 8.37% | 27.58% | -0.07% | 5.68% | 1.77% |
Correlation
The correlation between QYLD.L and SDIP.L is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Nov 22, 2022 | 0.33 |
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Return for Risk
QYLD.L vs. SDIP.L — Risk / Return Rank
QYLD.L
SDIP.L
QYLD.L vs. SDIP.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 Global X SuperDividend UCITS ETF USD Distributing (SDIP.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 | SDIP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.40 | ||
| Sortino ratioReturn per unit of downside risk | +0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.27 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 4.05 | 2.64 | +1.41 |
| Martin ratioReturn relative to average drawdown | 18.18 | 6.48 | +11.70 |
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Drawdowns
QYLD.L vs. SDIP.L - Drawdown Comparison
The maximum QYLD.L drawdown since its inception was -21.59%, smaller than the maximum SDIP.L drawdown of -34.50%. Use the drawdown chart below to compare losses from any high point for QYLD.L and SDIP.L.
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Drawdown Indicators
| QYLD.L | SDIP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.59% | -34.50% | +12.91% |
Max Drawdown (1Y)Largest decline over 1 year | -4.68% | -6.44% | +1.76% |
Max Drawdown (3Y)Largest decline over 3 years | -21.59% | -19.21% | -2.38% |
Current DrawdownCurrent decline from peak | -1.47% | -3.16% | +1.69% |
Average DrawdownAverage peak-to-trough decline | -2.76% | -18.07% | +15.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.04% | 2.63% | -1.59% |
Volatility
QYLD.L vs. SDIP.L - Volatility Comparison
Global X NASDAQ 100 Covered Call UCITS ETF (QYLD.L) has a higher volatility of 4.59% compared to Global X SuperDividend UCITS ETF USD Distributing (SDIP.L) at 2.50%. This indicates that QYLD.L's price experiences larger fluctuations and is considered to be riskier than SDIP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QYLD.L | SDIP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.59% | 2.50% | +2.09% |
Volatility (6M)Calculated over the trailing 6-month period | 8.15% | 8.16% | -0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.73% | 11.02% | -1.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.25% | 18.00% | -1.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.25% | 18.00% | -1.75% |
Dividends
QYLD.L vs. SDIP.L - Dividend Comparison
QYLD.L's dividend yield for the trailing twelve months is around 11.57%, more than SDIP.L's 9.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
QYLD.L Global X NASDAQ 100 Covered Call UCITS ETF | 11.57% | 11.41% | 12.28% | 10.88% | 0.00% |
SDIP.L Global X SuperDividend UCITS ETF USD Distributing | 9.36% | 9.39% | 11.34% | 12.51% | 8.71% |
Frequently Asked Questions
QYLD.L and SDIP.L have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QYLD.L is categorized as Global Equities, while SDIP.L is Dividend. QYLD.L tracks Global X NASDAQ 100 Covered Call UCITS ETF, while SDIP.L tracks Solactive Global SuperDividend Index.
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