PortfoliosLab logoPortfoliosLab logo

Documentation

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

QYLD vs. RIO.L

Last updated Jun 20, 2026

QYLD (Global X NASDAQ 100 Covered Call ETF) is Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2, while RIO.L (Rio Tinto PLC) is a stock. Over the past 10 years, QYLD returned 10.07%/yr vs 20.72%/yr for RIO.L. At a 0.25 correlation, their price movements are largely independent.

Performance

QYLD vs. RIO.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 Rio Tinto PLC (RIO.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

QYLD is traded in USD, while RIO.L is traded in GBp. To make them comparable, the RIO.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 10.20% return, which is significantly lower than RIO.L's 24.60% return. Over the past 10 years, QYLD has underperformed RIO.L with an annualized return of 10.07%, while RIO.L has yielded a comparatively higher 20.72% annualized return.

QYLD

1D
2.43%
1M
4.04%
YTD
10.20%
6M
10.75%
1Y
25.53%
3Y*
14.59%
5Y*
8.95%
10Y*
10.07%

RIO.L

1D
-2.39%
1M
-4.70%
YTD
24.60%
6M
28.73%
1Y
84.66%
3Y*
21.37%
5Y*
12.55%
10Y*
20.72%
*Multi-year figures are annualized to reflect compound growth (CAGR)

QYLD vs. RIO.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
QYLD
Global X NASDAQ 100 Covered Call ETF		10.20%9.28%19.35%22.77%-19.08%10.41%8.72%22.69%-3.07%18.79%
RIO.L
Rio Tinto PLC		24.60%44.94%-14.82%12.61%17.90%-0.65%34.36%33.42%-5.37%43.93%

Correlation

The correlation between QYLD and RIO.L is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.39

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

0.32

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

0.27

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

0.25

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

0.25

The correlation between QYLD and RIO.L shifts across timeframes, from 0.25 (all time) to 0.39 (1 year), reflecting how their relationship changes across market environments.

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

Rio Tinto PLC

Often compared with QYLD:
QYLD vs. JEPQQYLD vs. JEPIQYLD vs. QQQQYLD vs. XYLDQYLD vs. RYLDQYLD vs. SCHDQYLD vs. QYLG
Often compared with RIO.L:
RIO.L vs. RIORIO.L vs. SPYRIO.L vs. INDA.DERIO.L vs. EMG.LRIO.L vs. XSX7.DERIO.L vs. RKT.LRIO.L vs. WINC.AS

Return for Risk

QYLD vs. RIO.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QYLD
QYLD Risk / Return Rank: 9191
Overall Rank
QYLD Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
QYLD Sortino Ratio Rank: 8989
Sortino Ratio Rank
QYLD Omega Ratio Rank: 9393
Omega Ratio Rank
QYLD Calmar Ratio Rank: 9090
Calmar Ratio Rank
QYLD Martin Ratio Rank: 9595
Martin Ratio Rank
RIO.L
RIO.L Risk / Return Rank: 9696
Overall Rank
RIO.L Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
RIO.L Sortino Ratio Rank: 9696
Sortino Ratio Rank
RIO.L Omega Ratio Rank: 9595
Omega Ratio Rank
RIO.L Calmar Ratio Rank: 9595
Calmar Ratio Rank
RIO.L Martin Ratio Rank: 9797
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. RIO.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 Rio Tinto PLC (RIO.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.

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.

QYLDRIO.LDifference
Sharpe ratioReturn per unit of total volatility
2.70
3.01

-0.31

Sortino ratioReturn per unit of downside risk
3.84
3.63

+0.21

Omega ratioGain probability vs. loss probability

1.60

1.45

+0.15

Calmar ratioReturn relative to maximum drawdown

5.16

5.48

-0.32

Martin ratioReturn relative to average drawdown

29.06

19.48

+9.57

QYLD vs. RIO.L - Sharpe Ratio Comparison

The current QYLD Sharpe Ratio is 2.70, which is comparable to the RIO.L Sharpe Ratio of 3.01. The chart below compares the historical Sharpe Ratios of QYLD and RIO.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...

Drawdowns

QYLD vs. RIO.L - Drawdown Comparison

The maximum QYLD drawdown since its inception was -24.75%, smaller than the maximum RIO.L drawdown of -88.71%. Use the drawdown chart below to compare losses from any high point for QYLD and RIO.L.

Loading charts...

Drawdown Indicators

QYLDRIO.LDifference

Max Drawdown

Largest peak-to-trough decline

-24.75%

-88.71%

+63.96%

Max Drawdown (1Y)

Largest decline over 1 year

-4.97%

-15.38%

+10.41%

Max Drawdown (3Y)

Largest decline over 3 years

-19.06%

-23.98%

+4.92%

Max Drawdown (5Y)

Largest decline over 5 years

-24.61%

-35.65%

+11.04%

Max Drawdown (10Y)

Largest decline over 10 years

-24.75%

-38.42%

+13.67%

Current Drawdown

Current decline from peak

0.00%

-12.56%

+12.56%

Average Drawdown

Average peak-to-trough decline

-3.83%

-28.10%

+24.27%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.88%

4.33%

-3.45%

Volatility

QYLD vs. RIO.L - Volatility Comparison

The current volatility for Global X NASDAQ 100 Covered Call ETF (QYLD) is 4.30%, while Rio Tinto PLC (RIO.L) has a volatility of 9.71%. This indicates that QYLD experiences smaller price fluctuations and is considered to be less risky than RIO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

QYLDRIO.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.30%

9.71%

-5.41%

Volatility (6M)

Calculated over the trailing 6-month period

8.24%

23.54%

-15.30%

Volatility (1Y)

Calculated over the trailing 1-year period

9.49%

28.04%

-18.55%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.81%

29.47%

-14.66%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.54%

30.70%

-15.16%

Dividends

QYLD vs. RIO.L - Dividend Comparison

QYLD's dividend yield for the trailing twelve months is around 11.22%, more than RIO.L's 4.06% yield.

PositionTTM20252024202320222021202020192018201720162015
QYLD
Global X NASDAQ 100 Covered Call ETF		11.22%11.55%12.50%11.78%13.75%12.85%11.16%9.84%12.44%7.69%9.15%9.42%
RIO.L
Rio Tinto PLC		4.06%4.75%7.16%5.53%9.90%14.14%5.43%5.76%6.07%4.66%3.42%7.42%

Frequently Asked Questions

QYLD and RIO.L have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Portfolio Optimizer

Find the right allocation for QYLD and RIO.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