QYLE vs. ICOI

Last updated Apr 1, 2026

Compare and contrast key facts about Global X NASDAQ 100 ESG Covered Call ETF (QYLE) and Bitwise COIN Option Income Strategy ETF (ICOI).

QYLE and ICOI 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. ICOI is an actively managed fund by Bitwise. It was launched on Apr 1, 2025.

Performance

QYLE vs. ICOI - 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 Bitwise COIN Option Income Strategy ETF (ICOI). The values are adjusted to include any dividend payments, if applicable.

QYLE vs. ICOI - Yearly Performance Comparison

	2026 (YTD)
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%
ICOI Bitwise COIN Option Income Strategy ETF	-4.55%

Returns By Period

QYLE

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

ICOI

• 1D: 5.32%
• 1M: -7.30%
• YTD: -21.92%
• 6M: -47.03%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

QYLE vs. ICOI - Expense Ratio Comparison

QYLE has a 0.61% expense ratio, which is lower than ICOI's 0.98% expense ratio.

ICOI

Bitwise COIN Option Income Strategy ETF

QYLE

Global X NASDAQ 100 ESG Covered Call ETF

Return for Risk

QYLE vs. ICOI - 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 Bitwise COIN Option Income Strategy ETF (ICOI). 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.

Sharpe Ratios by Period

	QYLE	ICOI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.55	—

Dividends

QYLE vs. ICOI - Dividend Comparison

QYLE has not paid dividends to shareholders, while ICOI's dividend yield for the trailing twelve months is around 373.22%.

	TTM	2025
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%	0.00%
ICOI Bitwise COIN Option Income Strategy ETF	373.22%	247.40%

Drawdowns

QYLE vs. ICOI - Drawdown Comparison

The maximum QYLE drawdown since its inception was 0.00%, smaller than the maximum ICOI drawdown of -58.10%. Use the drawdown chart below to compare losses from any high point for QYLE and ICOI.

Drawdown Indicators

	QYLE	ICOI	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-58.10%	+58.10%
Current Drawdown Current decline from peak	0.00%	-55.07%	+55.07%
Average Drawdown Average peak-to-trough decline	0.00%	-23.12%	+23.12%

Volatility

Volatility by Period

	QYLE	ICOI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	52.11%	-52.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	52.11%	-52.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	52.11%	-52.11%