QYLD vs. USD=X
QYLD (Global X NASDAQ 100 Covered Call ETF) is Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2, while USD=X (USD Cash) is a currency. Over the past 10 years, QYLD returned 9.77%/yr vs 0.00%/yr for USD=X.
Performance
QYLD vs. USD=X - Performance Comparison
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Returns By Period
QYLD
- 1D
- 1.07%
- 1M
- 0.23%
- YTD
- 7.05%
- 6M
- 8.87%
- 1Y
- 22.45%
- 3Y*
- 13.42%
- 5Y*
- 8.24%
- 10Y*
- 9.77%
USD=X
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 0.00%
- 5Y*
- 0.00%
- 10Y*
- 0.00%
QYLD vs. USD=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
QYLD Global X NASDAQ 100 Covered Call ETF | 7.05% | 9.28% | 19.35% | 22.77% | -19.08% | 10.41% | 8.72% | 22.69% | -3.07% | 18.79% |
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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Return for Risk
QYLD vs. USD=X — Risk / Return Rank
QYLD
USD=X
QYLD vs. USD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X NASDAQ 100 Covered Call ETF (QYLD) and USD Cash (USD=X). 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 | USD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.57 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.54 | — | — |
| Martin ratioReturn relative to average drawdown | 26.31 | — | — |
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 | USD=X | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.56 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | — | — |
Drawdowns
QYLD vs. USD=X - Drawdown Comparison
The maximum QYLD drawdown since its inception was -24.75%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for QYLD and USD=X.
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Drawdown Indicators
| QYLD | USD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.75% | 0.00% | -24.75% |
Max Drawdown (1Y)Largest decline over 1 year | -4.97% | 0.00% | -4.97% |
Max Drawdown (3Y)Largest decline over 3 years | -19.06% | 0.00% | -19.06% |
Max Drawdown (5Y)Largest decline over 5 years | -24.61% | 0.00% | -24.61% |
Max Drawdown (10Y)Largest decline over 10 years | -24.75% | 0.00% | -24.75% |
Current DrawdownCurrent decline from peak | -0.83% | 0.00% | -0.83% |
Average DrawdownAverage peak-to-trough decline | -3.83% | 0.00% | -3.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.86% | 0.00% | +0.86% |
Volatility
QYLD vs. USD=X - Volatility Comparison
Global X NASDAQ 100 Covered Call ETF (QYLD) has a higher volatility of 2.86% compared to USD Cash (USD=X) at 0.00%. This indicates that QYLD's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QYLD | USD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.86% | 0.00% | +2.86% |
Volatility (6M)Calculated over the trailing 6-month period | 7.44% | 0.00% | +7.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.84% | 0.00% | +8.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.73% | 0.00% | +14.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.51% | 0.00% | +15.51% |
Frequently Asked Questions
QYLD has higher volatility (2.86%) compared to USD=X (0.00%). In terms of maximum drawdown, QYLD dropped -24.75% vs USD=X's 0.00%.
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