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QYLD vs. XYLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between QYLD and XYLD is 0.78, 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.


-0.50.00.51.0
Correlation: 0.8

Performance

QYLD vs. XYLD - 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 S&P 500 Covered Call ETF (XYLD). The values are adjusted to include any dividend payments, if applicable.

90.00%100.00%110.00%120.00%130.00%140.00%150.00%NovemberDecember2025FebruaryMarchApril
120.06%
107.44%
QYLD
XYLD

Key characteristics

Sharpe Ratio

QYLD:

0.34

XYLD:

0.55

Sortino Ratio

QYLD:

0.63

XYLD:

0.90

Omega Ratio

QYLD:

1.11

XYLD:

1.17

Calmar Ratio

QYLD:

0.34

XYLD:

0.54

Martin Ratio

QYLD:

1.45

XYLD:

2.58

Ulcer Index

QYLD:

4.48%

XYLD:

3.25%

Daily Std Dev

QYLD:

19.11%

XYLD:

15.29%

Max Drawdown

QYLD:

-24.75%

XYLD:

-33.46%

Current Drawdown

QYLD:

-12.32%

XYLD:

-9.39%

Returns By Period

In the year-to-date period, QYLD achieves a -8.37% return, which is significantly lower than XYLD's -6.42% return. Over the past 10 years, QYLD has outperformed XYLD with an annualized return of 7.40%, while XYLD has yielded a comparatively lower 6.25% annualized return.


QYLD

YTD

-8.37%

1M

-4.22%

6M

-4.69%

1Y

4.88%

5Y*

8.46%

10Y*

7.40%

XYLD

YTD

-6.42%

1M

-4.14%

6M

-1.49%

1Y

7.15%

5Y*

9.86%

10Y*

6.25%

*Annualized

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QYLD vs. XYLD - Expense Ratio Comparison

Both QYLD and XYLD have an expense ratio of 0.60%.


Expense ratio chart for QYLD: current value is 0.60%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
QYLD: 0.60%
Expense ratio chart for XYLD: current value is 0.60%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
XYLD: 0.60%

Risk-Adjusted Performance

QYLD vs. XYLD — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QYLD
The Risk-Adjusted Performance Rank of QYLD is 5858
Overall Rank
The Sharpe Ratio Rank of QYLD is 5555
Sharpe Ratio Rank
The Sortino Ratio Rank of QYLD is 5656
Sortino Ratio Rank
The Omega Ratio Rank of QYLD is 6363
Omega Ratio Rank
The Calmar Ratio Rank of QYLD is 5959
Calmar Ratio Rank
The Martin Ratio Rank of QYLD is 5858
Martin Ratio Rank

XYLD
The Risk-Adjusted Performance Rank of XYLD is 7171
Overall Rank
The Sharpe Ratio Rank of XYLD is 6767
Sharpe Ratio Rank
The Sortino Ratio Rank of XYLD is 6868
Sortino Ratio Rank
The Omega Ratio Rank of XYLD is 7777
Omega Ratio Rank
The Calmar Ratio Rank of XYLD is 7171
Calmar Ratio Rank
The Martin Ratio Rank of XYLD is 7272
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

QYLD vs. XYLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X NASDAQ 100 Covered Call ETF (QYLD) and Global X S&P 500 Covered Call ETF (XYLD). 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.


The chart of Sharpe ratio for QYLD, currently valued at 0.34, compared to the broader market-1.000.001.002.003.004.00
QYLD: 0.34
XYLD: 0.55
The chart of Sortino ratio for QYLD, currently valued at 0.63, compared to the broader market-2.000.002.004.006.008.00
QYLD: 0.63
XYLD: 0.90
The chart of Omega ratio for QYLD, currently valued at 1.11, compared to the broader market0.501.001.502.00
QYLD: 1.11
XYLD: 1.17
The chart of Calmar ratio for QYLD, currently valued at 0.34, compared to the broader market0.002.004.006.008.0010.0012.00
QYLD: 0.34
XYLD: 0.54
The chart of Martin ratio for QYLD, currently valued at 1.45, compared to the broader market0.0020.0040.0060.00
QYLD: 1.45
XYLD: 2.58

The current QYLD Sharpe Ratio is 0.34, which is lower than the XYLD Sharpe Ratio of 0.55. The chart below compares the historical Sharpe Ratios of QYLD and XYLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.34
0.55
QYLD
XYLD

Dividends

QYLD vs. XYLD - Dividend Comparison

QYLD's dividend yield for the trailing twelve months is around 14.04%, more than XYLD's 13.22% yield.


TTM20242023202220212020201920182017201620152014
QYLD
Global X NASDAQ 100 Covered Call ETF
14.04%12.50%11.78%13.75%12.85%11.16%9.84%12.44%7.69%9.15%9.42%10.74%
XYLD
Global X S&P 500 Covered Call ETF
13.22%11.54%10.51%13.43%9.07%7.93%5.76%7.12%5.18%3.23%4.65%4.15%

Drawdowns

QYLD vs. XYLD - Drawdown Comparison

The maximum QYLD drawdown since its inception was -24.75%, smaller than the maximum XYLD drawdown of -33.46%. Use the drawdown chart below to compare losses from any high point for QYLD and XYLD. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-12.32%
-9.39%
QYLD
XYLD

Volatility

QYLD vs. XYLD - Volatility Comparison

Global X NASDAQ 100 Covered Call ETF (QYLD) has a higher volatility of 14.20% compared to Global X S&P 500 Covered Call ETF (XYLD) at 12.44%. This indicates that QYLD's price experiences larger fluctuations and is considered to be riskier than XYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
14.20%
12.44%
QYLD
XYLD