QYLD vs. QDTE
Compare and contrast key facts about Global X NASDAQ 100 Covered Call ETF (QYLD) and Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE).
QYLD and QDTE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QYLD is a passively managed fund by Global X that tracks the performance of the CBOE NASDAQ-100 Buy Write V2. It was launched on Dec 12, 2013. QDTE is an actively managed fund by Roundhill. It was launched on Mar 6, 2024.
Performance
QYLD vs. QDTE - Performance Comparison
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QYLD vs. QDTE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QYLD Global X NASDAQ 100 Covered Call ETF | 0.61% | 9.28% | 13.13% |
QDTE Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF | -3.92% | 19.32% | 16.07% |
Returns By Period
In the year-to-date period, QYLD achieves a 0.61% return, which is significantly higher than QDTE's -3.92% return.
QYLD
- 1D
- 0.58%
- 1M
- -1.11%
- YTD
- 0.61%
- 6M
- 7.46%
- 1Y
- 16.36%
- 3Y*
- 13.19%
- 5Y*
- 7.01%
- 10Y*
- 8.96%
QDTE
- 1D
- 1.50%
- 1M
- -4.27%
- YTD
- -3.92%
- 6M
- 0.35%
- 1Y
- 21.01%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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QYLD vs. QDTE - Expense Ratio Comparison
QYLD has a 0.60% expense ratio, which is lower than QDTE's 0.95% expense ratio.
Return for Risk
QYLD vs. QDTE — Risk / Return Rank
QYLD
QDTE
QYLD vs. QDTE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X NASDAQ 100 Covered Call ETF (QYLD) and Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE). 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.
| QYLD | QDTE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.00 | 1.09 | -0.09 |
Sortino ratioReturn per unit of downside risk | 1.61 | 1.46 | +0.15 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.22 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.57 | 1.56 | 0.00 |
Martin ratioReturn relative to average drawdown | 10.32 | 5.99 | +4.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| QYLD | QDTE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.00 | 1.09 | -0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.80 | -0.24 |
Correlation
The correlation between QYLD and QDTE is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
QYLD vs. QDTE - Dividend Comparison
QYLD's dividend yield for the trailing twelve months is around 11.85%, less than QDTE's 51.17% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QYLD Global X NASDAQ 100 Covered Call ETF | 11.85% | 11.55% | 12.50% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% |
QDTE Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF | 51.17% | 49.49% | 32.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
QYLD vs. QDTE - Drawdown Comparison
The maximum QYLD drawdown since its inception was -24.75%, which is greater than QDTE's maximum drawdown of -22.86%. Use the drawdown chart below to compare losses from any high point for QYLD and QDTE.
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Drawdown Indicators
| QYLD | QDTE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.75% | -22.86% | -1.89% |
Max Drawdown (1Y)Largest decline over 1 year | -10.84% | -14.08% | +3.24% |
Max Drawdown (5Y)Largest decline over 5 years | -24.61% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -24.75% | — | — |
Current DrawdownCurrent decline from peak | -1.84% | -6.92% | +5.08% |
Average DrawdownAverage peak-to-trough decline | -3.89% | -3.30% | -0.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.65% | 3.68% | -2.03% |
Volatility
QYLD vs. QDTE - Volatility Comparison
The current volatility for Global X NASDAQ 100 Covered Call ETF (QYLD) is 4.90%, while Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) has a volatility of 5.86%. This indicates that QYLD experiences smaller price fluctuations and is considered to be less risky than QDTE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QYLD | QDTE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.90% | 5.86% | -0.96% |
Volatility (6M)Calculated over the trailing 6-month period | 7.50% | 12.11% | -4.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.43% | 19.37% | -2.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.84% | 18.71% | -3.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.51% | 18.71% | -3.20% |