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QYLD vs. QYLE.DE
Performance
Return for Risk
Dividends
Drawdowns
Volatility

QYLD vs. QYLE.DE

Last updated Apr 2, 2026

Compare and contrast key facts about Global X NASDAQ 100 Covered Call ETF (QYLD) and Global X Nasdaq 100 Covered Call UCITS ETF D (QYLE.DE).

QYLD and QYLE.DE 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. QYLE.DE is a passively managed fund by Global X that tracks the performance of the Cboe Nasdaq-100 BuyWrite. It was launched on Nov 22, 2022. Both QYLD and QYLE.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

QYLD vs. QYLE.DE - Performance Comparison

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

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QYLD vs. QYLE.DE - Yearly Performance Comparison

2026 (YTD)2025202420232022
QYLD
Global X NASDAQ 100 Covered Call ETF		0.61%9.28%19.35%22.77%-2.28%
QYLE.DE
Global X Nasdaq 100 Covered Call UCITS ETF D		-1.41%4.29%29.51%34.13%-2.83%
Different Trading Currencies

QYLD is traded in USD, while QYLE.DE is traded in EUR. To make them comparable, the QYLE.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, QYLD achieves a 0.61% return, which is significantly higher than QYLE.DE's -1.41% 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%

QYLE.DE

1D
1.45%
1M
-0.84%
YTD
-1.41%
6M
5.46%
1Y
10.43%
3Y*
15.50%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

Global X Nasdaq 100 Covered Call UCITS ETF D

Often compared with QYLD:
QYLD vs. JEPQQYLD vs. JEPIQYLD vs. QQQQYLD vs. XYLDQYLD vs. RYLDQYLD vs. SCHDQYLD vs. QYLG
Often compared with QYLE.DE:
QYLE.DE vs. JEQP.LQYLE.DE vs. VHYL.ASQYLE.DE vs. XY7D.DEQYLE.DE vs. TDIV.ASQYLE.DE vs. JEPQQYLE.DE vs. PHEQQYLE.DE vs. JHYP.L

QYLD vs. QYLE.DE - Expense Ratio Comparison

QYLD has a 0.60% expense ratio, which is higher than QYLE.DE's 0.45% expense ratio.

QYLD
Global X NASDAQ 100 Covered Call ETF
QYLE.DE
Global X Nasdaq 100 Covered Call UCITS ETF D

Return for Risk

QYLD vs. QYLE.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QYLD
QYLD Risk / Return Rank: 6868
Overall Rank
QYLD Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
QYLD Sortino Ratio Rank: 6161
Sortino Ratio Rank
QYLD Omega Ratio Rank: 7979
Omega Ratio Rank
QYLD Calmar Ratio Rank: 5959
Calmar Ratio Rank
QYLD Martin Ratio Rank: 8585
Martin Ratio Rank
QYLE.DE
QYLE.DE Risk / Return Rank: 1717
Overall Rank
QYLE.DE Sharpe Ratio Rank: 1616
Sharpe Ratio Rank
QYLE.DE Sortino Ratio Rank: 1515
Sortino Ratio Rank
QYLE.DE Omega Ratio Rank: 1616
Omega Ratio Rank
QYLE.DE Calmar Ratio Rank: 1919
Calmar Ratio Rank
QYLE.DE Martin Ratio Rank: 2121
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. QYLE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X NASDAQ 100 Covered Call ETF (QYLD) and Global X Nasdaq 100 Covered Call UCITS ETF D (QYLE.DE). 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.

QYLDQYLE.DEDifference

Sharpe ratio

Return per unit of total volatility

1.00

0.66

+0.34

Sortino ratio

Return per unit of downside risk

1.61

1.04

+0.58

Omega ratio

Gain probability vs. loss probability

1.31

1.16

+0.15

Calmar ratio

Return relative to maximum drawdown

1.57

1.14

+0.43

Martin ratio

Return relative to average drawdown

10.32

5.72

+4.60

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. QYLE.DE - Sharpe Ratio Comparison

The current QYLD Sharpe Ratio is 1.00, which is higher than the QYLE.DE Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of QYLD and QYLE.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

QYLDQYLE.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.00

0.66

+0.34

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

1.34

-0.78

Correlation

The correlation between QYLD and QYLE.DE is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

QYLD vs. QYLE.DE - Dividend Comparison

QYLD's dividend yield for the trailing twelve months is around 11.85%, more than QYLE.DE's 9.34% yield.

TTM20252024202320222021202020192018201720162015
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%
QYLE.DE
Global X Nasdaq 100 Covered Call UCITS ETF D		9.34%10.67%15.00%20.20%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

QYLD vs. QYLE.DE - Drawdown Comparison

The maximum QYLD drawdown since its inception was -24.75%, which is greater than QYLE.DE's maximum drawdown of -20.37%. Use the drawdown chart below to compare losses from any high point for QYLD and QYLE.DE.

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Drawdown Indicators

QYLDQYLE.DEDifference

Max Drawdown

Largest peak-to-trough decline

-24.75%

-24.06%

-0.69%

Max Drawdown (1Y)

Largest decline over 1 year

-10.84%

-12.42%

+1.58%

Max Drawdown (5Y)

Largest decline over 5 years

-24.61%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-24.75%

—

—

Current Drawdown

Current decline from peak

-1.84%

-10.96%

+9.12%

Average Drawdown

Average peak-to-trough decline

-3.89%

-5.62%

+1.73%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.65%

2.08%

-0.43%

Volatility

QYLD vs. QYLE.DE - Volatility Comparison

Global X NASDAQ 100 Covered Call ETF (QYLD) has a higher volatility of 4.90% compared to Global X Nasdaq 100 Covered Call UCITS ETF D (QYLE.DE) at 3.90%. This indicates that QYLD's price experiences larger fluctuations and is considered to be riskier than QYLE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QYLDQYLE.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.90%

3.90%

+1.00%

Volatility (6M)

Calculated over the trailing 6-month period

7.50%

6.89%

+0.61%

Volatility (1Y)

Calculated over the trailing 1-year period

16.43%

15.74%

+0.69%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.84%

13.25%

+1.59%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.51%

13.25%

+2.26%