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QYLD vs. QYLP.L
Performance
Return for Risk
Dividends
Drawdowns
Volatility

QYLD vs. QYLP.L

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 Dis GBP (QYLP.L).

QYLD and QYLP.L 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. QYLP.L is a passively managed fund by Global X that tracks the performance of the Cboe Nasdaq-100 BuyWrite Index. It was launched on Nov 22, 2022. Both QYLD and QYLP.L 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. QYLP.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 Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP (QYLP.L). The values are adjusted to include any dividend payments, if applicable.

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QYLD vs. QYLP.L - Yearly Performance Comparison

2026 (YTD)2025202420232022
QYLD
Global X NASDAQ 100 Covered Call ETF		0.61%9.28%19.35%22.77%-2.28%
QYLP.L
Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP		-1.61%2.73%19.38%20.99%-2.30%
Different Trading Currencies

QYLD is traded in USD, while QYLP.L is traded in GBP. To make them comparable, the QYLP.L 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 QYLP.L's -1.61% 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%

QYLP.L

1D
1.74%
1M
-1.28%
YTD
-1.61%
6M
5.01%
1Y
9.08%
3Y*
9.13%
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 Dis GBP

Often compared with QYLD:
QYLD vs. JEPQQYLD vs. JEPIQYLD vs. QQQQYLD vs. XYLDQYLD vs. RYLDQYLD vs. SCHDQYLD vs. QYLG
Often compared with QYLP.L:
QYLP.L vs. TDGB.LQYLP.L vs. IUKD.LQYLP.L vs. JEQP.LQYLP.L vs. JEGP.LQYLP.L vs. WINC.ASQYLP.L vs. VUKG.LQYLP.L vs. SPYL.DE

QYLD vs. QYLP.L - Expense Ratio Comparison

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

QYLD
Global X NASDAQ 100 Covered Call ETF
QYLP.L
Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP

Return for Risk

QYLD vs. QYLP.L — 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
QYLP.L
QYLP.L Risk / Return Rank: 3030
Overall Rank
QYLP.L Sharpe Ratio Rank: 2424
Sharpe Ratio Rank
QYLP.L Sortino Ratio Rank: 2323
Sortino Ratio Rank
QYLP.L Omega Ratio Rank: 2525
Omega Ratio Rank
QYLP.L Calmar Ratio Rank: 4141
Calmar Ratio Rank
QYLP.L Martin Ratio Rank: 3535
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. QYLP.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 Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP (QYLP.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.

QYLDQYLP.LDifference

Sharpe ratio

Return per unit of total volatility

1.00

0.63

+0.38

Sortino ratio

Return per unit of downside risk

1.61

0.99

+0.63

Omega ratio

Gain probability vs. loss probability

1.31

1.16

+0.15

Calmar ratio

Return relative to maximum drawdown

1.57

1.04

+0.53

Martin ratio

Return relative to average drawdown

10.32

4.96

+5.36

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. QYLP.L - Sharpe Ratio Comparison

The current QYLD Sharpe Ratio is 1.00, which is higher than the QYLP.L Sharpe Ratio of 0.63. The chart below compares the historical Sharpe Ratios of QYLD and QYLP.L, 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

QYLDQYLP.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.00

0.63

+0.38

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

0.90

-0.34

Correlation

The correlation between QYLD and QYLP.L 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. QYLP.L - Dividend Comparison

QYLD's dividend yield for the trailing twelve months is around 11.85%, more than QYLP.L's 7.98% 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%
QYLP.L
Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP		7.98%8.93%8.31%9.56%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

QYLD vs. QYLP.L - Drawdown Comparison

The maximum QYLD drawdown since its inception was -24.75%, which is greater than QYLP.L's maximum drawdown of -20.02%. Use the drawdown chart below to compare losses from any high point for QYLD and QYLP.L.

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Drawdown Indicators

QYLDQYLP.LDifference

Max Drawdown

Largest peak-to-trough decline

-24.75%

-22.40%

-2.35%

Max Drawdown (1Y)

Largest decline over 1 year

-10.84%

-9.45%

-1.39%

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%

-9.34%

+7.50%

Average Drawdown

Average peak-to-trough decline

-3.89%

-5.57%

+1.68%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.65%

1.76%

-0.11%

Volatility

QYLD vs. QYLP.L - 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 Dis GBP (QYLP.L) at 3.79%. This indicates that QYLD's price experiences larger fluctuations and is considered to be riskier than QYLP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QYLDQYLP.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.90%

3.79%

+1.11%

Volatility (6M)

Calculated over the trailing 6-month period

7.50%

7.39%

+0.11%

Volatility (1Y)

Calculated over the trailing 1-year period

16.43%

14.48%

+1.95%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.84%

12.46%

+2.38%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.51%

12.46%

+3.05%