QYLD vs. IMMR
QYLD (Global X NASDAQ 100 Covered Call ETF) is Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2, while IMMR (Immersion Corporation) is a stock. Over the past 10 years, QYLD returned 9.59%/yr vs -0.41%/yr for IMMR. At a 0.37 correlation, their price movements are largely independent.
Performance
QYLD vs. IMMR - Performance Comparison
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Returns By Period
In the year-to-date period, QYLD achieves a 7.22% return, which is significantly higher than IMMR's -2.12% return. Over the past 10 years, QYLD has outperformed IMMR with an annualized return of 9.59%, while IMMR has yielded a comparatively lower -0.41% annualized return.
QYLD
- 1D
- 0.16%
- 1M
- -2.71%
- 6M
- 5.96%
- YTD
- 7.22%
- 1Y
- 19.97%
- 3Y*
- 12.62%
- 5Y*
- 7.90%
- 10Y*
- 9.59%
- ALL TIME*
- 8.55%
IMMR
- 1D
- -2.06%
- 1M
- -2.64%
- 6M
- 1.39%
- YTD
- -2.12%
- 1Y
- -14.13%
- 3Y*
- 1.05%
- 5Y*
- -1.45%
- 10Y*
- -0.41%
- ALL TIME*
- -3.17%
QYLD vs. IMMR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
QYLD Global X NASDAQ 100 Covered Call ETF | 7.22% | 9.28% | 19.35% | 22.77% | -19.08% | 10.41% | 8.72% | 22.69% | -3.07% | 18.79% |
IMMR Immersion Corporation | -2.12% | -18.30% | 26.47% | 3.43% | 23.12% | -49.42% | 51.95% | -17.08% | 26.91% | -33.58% |
Correlation
The correlation between QYLD and IMMR is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2013 | 0.37 |
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Return for Risk
QYLD vs. IMMR — Risk / Return Rank
QYLD
IMMR
QYLD vs. IMMR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X NASDAQ 100 Covered Call ETF (QYLD) and Immersion Corporation (IMMR). 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 | IMMR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.20 | ||
| Sortino ratioReturn per unit of downside risk | +2.88 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 0.97 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 4.04 | -0.56 | +4.59 |
| Martin ratioReturn relative to average drawdown | 19.75 | -1.22 | +20.97 |
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Drawdowns
QYLD vs. IMMR - Drawdown Comparison
The maximum QYLD drawdown since its inception was -24.75%, smaller than the maximum IMMR drawdown of -98.66%. Use the drawdown chart below to compare losses from any high point for QYLD and IMMR.
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Drawdown Indicators
| QYLD | IMMR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.75% | -98.66% | +73.91% |
Max Drawdown (1Y)Largest decline over 1 year | -4.97% | -25.48% | +20.51% |
Max Drawdown (3Y)Largest decline over 3 years | -19.06% | -56.90% | +37.84% |
Max Drawdown (5Y)Largest decline over 5 years | -24.61% | -56.90% | +32.29% |
Max Drawdown (10Y)Largest decline over 10 years | -24.75% | -74.29% | +49.54% |
Current DrawdownCurrent decline from peak | -3.37% | -89.91% | +86.54% |
Average DrawdownAverage peak-to-trough decline | -3.81% | -88.21% | +84.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.01% | 15.11% | -14.10% |
Volatility
QYLD vs. IMMR - Volatility Comparison
The current volatility for Global X NASDAQ 100 Covered Call ETF (QYLD) is 5.86%, while Immersion Corporation (IMMR) has a volatility of 11.39%. This indicates that QYLD experiences smaller price fluctuations and is considered to be less risky than IMMR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QYLD | IMMR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.86% | 11.39% | -5.53% |
Volatility (6M)Calculated over the trailing 6-month period | 9.67% | 27.95% | -18.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.83% | 40.69% | -29.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.98% | 45.82% | -30.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.60% | 50.93% | -35.33% |
Dividends
QYLD vs. IMMR - Dividend Comparison
QYLD's dividend yield for the trailing twelve months is around 12.88%, more than IMMR's 4.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IMMR Immersion Corporation | 4.90% | 5.59% | 2.06% | 3.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QYLD Global X NASDAQ 100 Covered Call ETF | 12.88% | 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 IMMR have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IMMR has higher volatility (11.39%) compared to QYLD (5.86%). In terms of maximum drawdown, QYLD dropped -24.75% vs IMMR's -98.66%.
QYLD currently has the higher Sharpe Ratio (1.86 vs -0.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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