QYLE.DE vs. AKWA.DE
QYLE.DE (Global X Nasdaq 100 Covered Call UCITS ETF D) and AKWA.DE (Global X Clean Water UCITS ETF) are both exchange-traded funds - QYLE.DE is a Nasdaq-100 fund tracking the Cboe Nasdaq-100 BuyWrite, while AKWA.DE is a Water Equities fund tracking the Solactive Global Clean Water Industry. Both are passively managed. Over the past 3 years, QYLE.DE returned 12.74%/yr vs 7.49%/yr for AKWA.DE. At a 0.36 correlation, their price movements are largely independent. QYLE.DE charges 0.45%/yr vs 0.50%/yr for AKWA.DE.
Performance
QYLE.DE vs. AKWA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QYLE.DE achieves a 6.53% return, which is significantly higher than AKWA.DE's -0.44% return.
QYLE.DE
- 1D
- -1.00%
- 1M
- 2.37%
- YTD
- 6.53%
- 6M
- 7.35%
- 1Y
- 16.23%
- 3Y*
- 12.74%
- 5Y*
- —
- 10Y*
- —
AKWA.DE
- 1D
- -0.50%
- 1M
- -1.77%
- YTD
- -0.44%
- 6M
- -2.43%
- 1Y
- -0.46%
- 3Y*
- 7.49%
- 5Y*
- —
- 10Y*
- —
QYLE.DE vs. AKWA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
QYLE.DE Global X Nasdaq 100 Covered Call UCITS ETF D | 6.53% | -7.62% | 37.36% | 30.02% | -5.59% |
AKWA.DE Global X Clean Water UCITS ETF | -0.44% | 0.80% | 12.17% | 20.84% | -5.91% |
Correlation
The correlation between QYLE.DE and AKWA.DE is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Nov 24, 2022 | 0.36 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QYLE.DE vs. AKWA.DE — Risk / Return Rank
QYLE.DE
AKWA.DE
QYLE.DE vs. AKWA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Nasdaq 100 Covered Call UCITS ETF D (QYLE.DE) and Global X Clean Water UCITS ETF (AKWA.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.
| QYLE.DE | AKWA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.71 | ||
| Sortino ratioReturn per unit of downside risk | +2.31 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.01 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 3.87 | -0.05 | +3.92 |
| Martin ratioReturn relative to average drawdown | 10.46 | -0.11 | +10.57 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| QYLE.DE | AKWA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.68 | -0.03 | +1.71 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.16 | 0.20 | +0.96 |
Drawdowns
QYLE.DE vs. AKWA.DE - Drawdown Comparison
The maximum QYLE.DE drawdown since its inception was -24.06%, roughly equal to the maximum AKWA.DE drawdown of -23.07%. Use the drawdown chart below to compare losses from any high point for QYLE.DE and AKWA.DE.
Loading charts...
Drawdown Indicators
| QYLE.DE | AKWA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.06% | -23.07% | -0.99% |
Max Drawdown (1Y)Largest decline over 1 year | -4.17% | -9.90% | +5.73% |
Max Drawdown (3Y)Largest decline over 3 years | -24.06% | -19.99% | -4.07% |
Current DrawdownCurrent decline from peak | -5.04% | -8.54% | +3.50% |
Average DrawdownAverage peak-to-trough decline | -5.68% | -7.60% | +1.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.55% | 4.12% | -2.57% |
Volatility
QYLE.DE vs. AKWA.DE - Volatility Comparison
The current volatility for Global X Nasdaq 100 Covered Call UCITS ETF D (QYLE.DE) is 2.32%, while Global X Clean Water UCITS ETF (AKWA.DE) has a volatility of 3.85%. This indicates that QYLE.DE experiences smaller price fluctuations and is considered to be less risky than AKWA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QYLE.DE | AKWA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.32% | 3.85% | -1.53% |
Volatility (6M)Calculated over the trailing 6-month period | 6.14% | 10.07% | -3.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.63% | 13.59% | -3.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.25% | 16.02% | -2.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.25% | 16.02% | -2.77% |
QYLE.DE vs. AKWA.DE - Expense Ratio Comparison
QYLE.DE has a 0.45% expense ratio, which is lower than AKWA.DE's 0.50% expense ratio.
Dividends
QYLE.DE vs. AKWA.DE - Dividend Comparison
QYLE.DE's dividend yield for the trailing twelve months is around 8.84%, while AKWA.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
AKWA.DE Global X Clean Water UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% |
QYLE.DE Global X Nasdaq 100 Covered Call UCITS ETF D | 8.84% | 10.67% | 15.00% | 20.20% |
Frequently Asked Questions
QYLE.DE and AKWA.DE have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QYLE.DE is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QYLE.DE is cheaper with a 0.45% expense ratio, compared with 0.50% for AKWA.DE.
QYLE.DE is categorized as Nasdaq-100, while AKWA.DE is Water Equities. QYLE.DE tracks Cboe Nasdaq-100 BuyWrite, while AKWA.DE tracks Solactive Global Clean Water Industry. Their fees differ too: 0.45% for QYLE.DE and 0.50% for AKWA.DE.
Find the right allocation for QYLE.DE and AKWA.DE
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