PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
QYLD vs. IDVY.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

QYLD vs. IDVY.L

Last updated Jun 10, 2026

QYLD (Global X NASDAQ 100 Covered Call ETF) and IDVY.L (iShares EURO Dividend UCITS) are both exchange-traded funds - QYLD is a Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2, while IDVY.L is a Europe Equities fund tracking the MSCI EMU NR EUR. Both are passively managed. Over the past 10 years, QYLD returned 9.69%/yr vs 7.92%/yr for IDVY.L. At a 0.32 correlation, their price movements are largely independent. QYLD charges 0.60%/yr vs 0.40%/yr for IDVY.L.

Performance

QYLD vs. IDVY.L - Performance Comparison

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

Loading charts...

Different Trading Currencies

QYLD is traded in USD, while IDVY.L is traded in GBp. To make them comparable, the IDVY.L values have been converted to USD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with QYLD having a 6.22% return and IDVY.L slightly higher at 6.31%. Over the past 10 years, QYLD has outperformed IDVY.L with an annualized return of 9.69%, while IDVY.L has yielded a comparatively lower 7.92% annualized return.

QYLD

1D
-0.78%
1M
-0.55%
YTD
6.22%
6M
8.09%
1Y
21.28%
3Y*
13.13%
5Y*
8.03%
10Y*
9.69%

IDVY.L

1D
0.24%
1M
0.00%
YTD
6.31%
6M
8.92%
1Y
21.80%
3Y*
22.85%
5Y*
7.84%
10Y*
7.92%
*Multi-year figures are annualized to reflect compound growth (CAGR)

QYLD vs. IDVY.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
QYLD
Global X NASDAQ 100 Covered Call ETF		6.22%9.28%19.35%22.77%-19.08%10.41%8.72%22.69%-3.07%18.79%
IDVY.L
iShares EURO Dividend UCITS		6.31%60.05%1.66%7.46%-17.88%14.63%-10.61%19.75%-15.08%24.65%

Correlation

The correlation between QYLD and IDVY.L is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.33

Correlation (3Y)
Calculated over the trailing 3-year period

0.25

Correlation (5Y)
Calculated over the trailing 5-year period

0.33

Correlation (10Y)
Calculated over the trailing 10-year period

0.30

Correlation (All Time)
Calculated using the full available price history since Dec 12, 2013

0.32

QYLD vs. IDVY.L - Sectors Allocation Comparison

Sectors
QYLD
IDVY.L

Technology

53.8%

-

Communication Services

15.8%
5.8%

Consumer Cyclical

12.3%
9.7%

Consumer Defensive

7.7%
4.5%

Healthcare

4.2%
3.3%

Industrials

2.8%
15.9%

Utilities

1.4%
8.6%

Basic Materials

1.1%

-

Energy

0.6%
5.0%

Financial Services

0.2%
47.1%

Real Estate

0.1%

-

Technology

QYLD
53.8%
IDVY.L

-

Communication Services

QYLD
15.8%
IDVY.L
5.8%

Consumer Cyclical

QYLD
12.3%
IDVY.L
9.7%

Consumer Defensive

QYLD
7.7%
IDVY.L
4.5%

Healthcare

QYLD
4.2%
IDVY.L
3.3%

Industrials

QYLD
2.8%
IDVY.L
15.9%

Utilities

QYLD
1.4%
IDVY.L
8.6%

Basic Materials

QYLD
1.1%
IDVY.L

-

Energy

QYLD
0.6%
IDVY.L
5.0%

Financial Services

QYLD
0.2%
IDVY.L
47.1%

Real Estate

QYLD
0.1%
IDVY.L

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X NASDAQ 100 Covered Call ETF

iShares EURO Dividend UCITS

Often compared with QYLD:
QYLD vs. JEPQQYLD vs. JEPIQYLD vs. QQQQYLD vs. XYLDQYLD vs. RYLDQYLD vs. SCHDQYLD vs. QYLG
Often compared with IDVY.L:
IDVY.L vs. EUDI.LIDVY.L vs. IUKD.LIDVY.L vs. CSX5.LIDVY.L vs. DGROIDVY.L vs. FEV.LIDVY.L vs. FLXD.LIDVY.L vs. DVY

Return for Risk

QYLD vs. IDVY.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QYLD
QYLD Risk / Return Rank: 8888
Overall Rank
QYLD Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
QYLD Sortino Ratio Rank: 8484
Sortino Ratio Rank
QYLD Omega Ratio Rank: 9191
Omega Ratio Rank
QYLD Calmar Ratio Rank: 8686
Calmar Ratio Rank
QYLD Martin Ratio Rank: 9494
Martin Ratio Rank
IDVY.L
IDVY.L Risk / Return Rank: 6464
Overall Rank
IDVY.L Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
IDVY.L Sortino Ratio Rank: 6666
Sortino Ratio Rank
IDVY.L Omega Ratio Rank: 7070
Omega Ratio Rank
IDVY.L Calmar Ratio Rank: 5858
Calmar Ratio Rank
IDVY.L Martin Ratio Rank: 5757
Martin Ratio Rank
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.

QYLD vs. IDVY.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X NASDAQ 100 Covered Call ETF (QYLD) and iShares EURO Dividend UCITS (IDVY.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.

QYLDIDVY.LDifference
Sharpe ratioReturn per unit of total volatility
2.41
1.55

+0.86

Sortino ratioReturn per unit of downside risk
3.34
2.20

+1.14

Omega ratioGain probability vs. loss probability

1.53

1.28

+0.25

Calmar ratioReturn relative to maximum drawdown

4.30

2.16

+2.14

Martin ratioReturn relative to average drawdown

24.77

6.75

+18.02

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QYLD vs. IDVY.L - Sharpe Ratio Comparison

The current QYLD Sharpe Ratio is 2.41, which is higher than the IDVY.L Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of QYLD and IDVY.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

QYLDIDVY.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.41

1.55

+0.86

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.55

0.42

+0.13

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.63

0.40

+0.23

Sharpe Ratio (All Time)

Calculated using the full available price history

0.58

0.03

+0.55

Drawdowns

QYLD vs. IDVY.L - Drawdown Comparison

The maximum QYLD drawdown since its inception was -24.75%, smaller than the maximum IDVY.L drawdown of -78.72%. Use the drawdown chart below to compare losses from any high point for QYLD and IDVY.L.

Loading charts...

Drawdown Indicators

QYLDIDVY.LDifference

Max Drawdown

Largest peak-to-trough decline

-24.75%

-78.72%

+53.97%

Max Drawdown (1Y)

Largest decline over 1 year

-4.97%

-10.05%

+5.08%

Max Drawdown (3Y)

Largest decline over 3 years

-19.06%

-13.55%

-5.51%

Max Drawdown (5Y)

Largest decline over 5 years

-24.61%

-36.73%

+12.12%

Max Drawdown (10Y)

Largest decline over 10 years

-24.75%

-46.94%

+22.19%

Current Drawdown

Current decline from peak

-1.60%

-1.81%

+0.21%

Average Drawdown

Average peak-to-trough decline

-3.83%

-44.78%

+40.95%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.86%

3.22%

-2.36%

Volatility

QYLD vs. IDVY.L - Volatility Comparison

The current volatility for Global X NASDAQ 100 Covered Call ETF (QYLD) is 2.96%, while iShares EURO Dividend UCITS (IDVY.L) has a volatility of 3.32%. This indicates that QYLD experiences smaller price fluctuations and is considered to be less risky than IDVY.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

QYLDIDVY.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.96%

3.32%

-0.36%

Volatility (6M)

Calculated over the trailing 6-month period

7.49%

11.00%

-3.51%

Volatility (1Y)

Calculated over the trailing 1-year period

8.86%

14.00%

-5.14%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.73%

18.57%

-3.84%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.51%

19.83%

-4.32%

QYLD vs. IDVY.L - Expense Ratio Comparison

QYLD has a 0.60% expense ratio, which is higher than IDVY.L's 0.40% expense ratio.

Dividends

QYLD vs. IDVY.L - Dividend Comparison

QYLD's dividend yield for the trailing twelve months is around 11.64%, more than IDVY.L's 3.98% yield.

PositionTTM20252024202320222021202020192018201720162015
IDVY.L
iShares EURO Dividend UCITS		3.98%4.28%5.94%5.75%5.08%3.76%3.59%5.03%4.68%3.85%3.69%3.93%
QYLD
Global X NASDAQ 100 Covered Call ETF		11.64%11.55%12.50%11.78%13.75%12.85%11.16%9.84%12.44%7.69%9.15%9.42%

Frequently Asked Questions

QYLD and IDVY.L have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, IDVY.L is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

IDVY.L is cheaper with a 0.40% expense ratio, compared with 0.60% for QYLD.

QYLD is categorized as Nasdaq-100, while IDVY.L is Europe Equities. QYLD tracks CBOE NASDAQ-100 Buy Write V2, while IDVY.L tracks MSCI EMU NR EUR. They also come from different issuers: Global X and iShares. Their fees differ too: 0.60% for QYLD and 0.40% for IDVY.L.

Portfolio Optimizer

Find the right allocation for QYLD and IDVY.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