QYLE vs. QYLD
Compare and contrast key facts about Global X NASDAQ 100 ESG Covered Call ETF (QYLE) and Global X NASDAQ 100 Covered Call ETF (QYLD).
QYLE and QYLD 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. QYLD is a passively managed fund by Global X that tracks the performance of the CBOE NASDAQ-100 Buy Write V2. It was launched on Dec 12, 2013. Both QYLE and QYLD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QYLE or QYLD.
Correlation
The correlation between QYLE and QYLD is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
QYLE vs. QYLD - Performance Comparison
Key characteristics
Returns By Period
QYLE
N/A
N/A
N/A
N/A
N/A
N/A
QYLD
-6.54%
2.41%
-3.01%
5.75%
8.64%
7.72%
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QYLE vs. QYLD - Expense Ratio Comparison
QYLE has a 0.61% expense ratio, which is higher than QYLD's 0.60% expense ratio.
Risk-Adjusted Performance
QYLE vs. QYLD — Risk-Adjusted Performance Rank
QYLE
QYLD
QYLE vs. QYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X NASDAQ 100 ESG Covered Call ETF (QYLE) and Global X NASDAQ 100 Covered Call ETF (QYLD). 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.
Dividends
QYLE vs. QYLD - Dividend Comparison
QYLE has not paid dividends to shareholders, while QYLD's dividend yield for the trailing twelve months is around 13.76%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QYLE Global X NASDAQ 100 ESG Covered Call ETF | 15.53% | 18.52% | 10.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QYLD Global X NASDAQ 100 Covered Call ETF | 13.76% | 12.50% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% |
Drawdowns
QYLE vs. QYLD - Drawdown Comparison
Volatility
QYLE vs. QYLD - Volatility Comparison
The current volatility for Global X NASDAQ 100 ESG Covered Call ETF (QYLE) is 0.00%, while Global X NASDAQ 100 Covered Call ETF (QYLD) has a volatility of 14.16%. This indicates that QYLE experiences smaller price fluctuations and is considered to be less risky than QYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.