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QYLE vs. DAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

QYLE vs. DAX

Last updated Apr 1, 2026

Compare and contrast key facts about Global X NASDAQ 100 ESG Covered Call ETF (QYLE) and Global X DAX Germany ETF (DAX).

QYLE and DAX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QYLE is a passively managed fund by Global X that tracks the performance of the Nasdaq-100 ESG BuyWrite Index - Benchmark TR Gross. It was launched on Feb 21, 2023. DAX is a passively managed fund by Global X that tracks the performance of the DAX Index. It was launched on Oct 22, 2014. Both QYLE and DAX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

QYLE vs. DAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X NASDAQ 100 ESG Covered Call ETF (QYLE) and Global X DAX Germany ETF (DAX). The values are adjusted to include any dividend payments, if applicable.

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QYLE vs. DAX - Yearly Performance Comparison

2026 (YTD)
QYLE
Global X NASDAQ 100 ESG Covered Call ETF		0.00%
DAX
Global X DAX Germany ETF		-9.39%

Returns By Period

QYLE

1D
0.00%
1M
0.00%
YTD
—
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—

DAX

1D
3.56%
1M
-10.85%
YTD
-7.59%
6M
-5.61%
1Y
9.46%
3Y*
15.26%
5Y*
7.59%
10Y*
8.33%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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 ESG Covered Call ETF

Global X DAX Germany ETF

Often compared with QYLE:
QYLE vs. QYLDQYLE vs. QQAQYLE vs. QQQQYLE vs. QYLGQYLE vs. SVOLQYLE vs. JEPIQYLE vs. SPY
Often compared with DAX:
DAX vs. SPYDAX vs. ^NIFTY500DAX vs. BMW.DEDAX vs. CACDAX vs. ^FCHIDAX vs. VOODAX vs. QQQ

QYLE vs. DAX - Expense Ratio Comparison

QYLE has a 0.61% expense ratio, which is higher than DAX's 0.20% expense ratio.

QYLE
Global X NASDAQ 100 ESG Covered Call ETF
DAX
Global X DAX Germany ETF

Return for Risk

QYLE vs. DAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QYLE
DAX
DAX Risk / Return Rank: 2828
Overall Rank
DAX Sharpe Ratio Rank: 2828
Sharpe Ratio Rank
DAX Sortino Ratio Rank: 2929
Sortino Ratio Rank
DAX Omega Ratio Rank: 2828
Omega Ratio Rank
DAX Calmar Ratio Rank: 2727
Calmar Ratio Rank
DAX Martin Ratio Rank: 2828
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.

QYLE vs. DAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X NASDAQ 100 ESG Covered Call ETF (QYLE) and Global X DAX Germany ETF (DAX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

QYLE vs. DAX - Sharpe Ratio Comparison

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Sharpe Ratios by Period

QYLEDAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

—

0.47

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.38

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.39

—

Sharpe Ratio (All Time)

Calculated using the full available price history

—

0.32

—

Dividends

QYLE vs. DAX - Dividend Comparison

QYLE has not paid dividends to shareholders, while DAX's dividend yield for the trailing twelve months is around 1.59%.

TTM20252024202320222021202020192018201720162015
QYLE
Global X NASDAQ 100 ESG Covered Call ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
DAX
Global X DAX Germany ETF		1.59%1.47%2.24%2.48%2.80%2.65%2.25%2.47%3.33%1.73%1.78%1.41%

Drawdowns

QYLE vs. DAX - Drawdown Comparison

The maximum QYLE drawdown since its inception was 0.00%, smaller than the maximum DAX drawdown of -45.58%. Use the drawdown chart below to compare losses from any high point for QYLE and DAX.

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Drawdown Indicators

QYLEDAXDifference

Max Drawdown

Largest peak-to-trough decline

0.00%

-45.58%

+45.58%

Max Drawdown (1Y)

Largest decline over 1 year

—

-14.82%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-39.96%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-45.58%

—

Current Drawdown

Current decline from peak

0.00%

-11.28%

+11.28%

Average Drawdown

Average peak-to-trough decline

0.00%

-10.58%

+10.58%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

4.18%

—

Volatility

QYLE vs. DAX - Volatility Comparison

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Volatility by Period

QYLEDAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

8.79%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

12.71%

—

Volatility (1Y)

Calculated over the trailing 1-year period

0.00%

20.17%

-20.17%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

0.00%

20.20%

-20.20%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

0.00%

21.21%

-21.21%