QYLE.DE vs. JEQP.DE
QYLE.DE (Global X Nasdaq 100 Covered Call UCITS ETF D) and JEQP.DE (JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist)) are both Nasdaq-100 funds. QYLE.DE is passively managed, while JEQP.DE is actively managed. Over the past year, QYLE.DE returned 16.23% vs 24.01% for JEQP.DE. A 0.74 correlation means they provide meaningful diversification when combined. QYLE.DE charges 0.45%/yr vs 0.35%/yr for JEQP.DE.
Performance
QYLE.DE vs. JEQP.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QYLE.DE achieves a 6.53% return, which is significantly lower than JEQP.DE's 8.94% return.
QYLE.DE
- 1D
- -1.00%
- 1M
- 2.37%
- YTD
- 6.53%
- 6M
- 7.35%
- 1Y
- 16.23%
- 3Y*
- 12.74%
- 5Y*
- —
- 10Y*
- —
JEQP.DE
- 1D
- -0.38%
- 1M
- 3.66%
- YTD
- 8.94%
- 6M
- 9.05%
- 1Y
- 24.01%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QYLE.DE vs. JEQP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QYLE.DE Global X Nasdaq 100 Covered Call UCITS ETF D | 6.53% | -7.62% | 11.58% |
JEQP.DE JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist) | 8.94% | 0.68% | 2.17% |
Correlation
The correlation between QYLE.DE and JEQP.DE is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 2024 | 0.74 |
The correlation between QYLE.DE and JEQP.DE has been stable across timeframes, ranging from 0.70 to 0.74 - a consistent structural relationship.
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. JEQP.DE — Risk / Return Rank
QYLE.DE
JEQP.DE
QYLE.DE vs. JEQP.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 JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist) (JEQP.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 | JEQP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.37 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.87 | 4.09 | -0.22 |
| Martin ratioReturn relative to average drawdown | 10.46 | 14.09 | -3.64 |
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 | JEQP.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.68 | 1.99 | -0.31 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.16 | 0.45 | +0.70 |
Drawdowns
QYLE.DE vs. JEQP.DE - Drawdown Comparison
The maximum QYLE.DE drawdown since its inception was -24.06%, roughly equal to the maximum JEQP.DE drawdown of -24.10%. Use the drawdown chart below to compare losses from any high point for QYLE.DE and JEQP.DE.
Loading charts...
Drawdown Indicators
| QYLE.DE | JEQP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.06% | -24.10% | +0.04% |
Max Drawdown (1Y)Largest decline over 1 year | -4.17% | -5.85% | +1.68% |
Max Drawdown (3Y)Largest decline over 3 years | -24.06% | — | — |
Current DrawdownCurrent decline from peak | -5.04% | -0.38% | -4.66% |
Average DrawdownAverage peak-to-trough decline | -5.68% | -6.27% | +0.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.55% | 1.70% | -0.15% |
Volatility
QYLE.DE vs. JEQP.DE - Volatility Comparison
Global X Nasdaq 100 Covered Call UCITS ETF D (QYLE.DE) has a higher volatility of 2.32% compared to JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist) (JEQP.DE) at 1.57%. This indicates that QYLE.DE's price experiences larger fluctuations and is considered to be riskier than JEQP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QYLE.DE | JEQP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.32% | 1.57% | +0.75% |
Volatility (6M)Calculated over the trailing 6-month period | 6.14% | 8.52% | -2.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.63% | 12.02% | -2.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.25% | 16.60% | -3.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.25% | 16.60% | -3.35% |
QYLE.DE vs. JEQP.DE - Expense Ratio Comparison
QYLE.DE has a 0.45% expense ratio, which is higher than JEQP.DE's 0.35% expense ratio.
Dividends
QYLE.DE vs. JEQP.DE - Dividend Comparison
QYLE.DE's dividend yield for the trailing twelve months is around 8.84%, more than JEQP.DE's 8.74% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
JEQP.DE JPMorgan Nasdaq Equity Premium Income Active UCITS ETF USD (Dist) | 8.74% | 9.22% | 0.69% | 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 JEQP.DE have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JEQP.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JEQP.DE is cheaper with a 0.35% expense ratio, compared with 0.45% for QYLE.DE.
They also come from different issuers: Global X and JPMorgan. Their fees differ too: 0.45% for QYLE.DE and 0.35% for JEQP.DE.
Find the right allocation for QYLE.DE and JEQP.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