QYLE vs. SPIN

Last updated Apr 1, 2026

Compare and contrast key facts about Global X NASDAQ 100 ESG Covered Call ETF (QYLE) and State Street US Equity Premium Income ETF (SPIN).

QYLE and SPIN 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. SPIN is an actively managed fund by State Street. It was launched on Sep 5, 2024.

Performance

QYLE vs. SPIN - 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 State Street US Equity Premium Income ETF (SPIN). The values are adjusted to include any dividend payments, if applicable.

QYLE vs. SPIN - Yearly Performance Comparison

	2026 (YTD)
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%
SPIN State Street US Equity Premium Income ETF	-5.09%

Returns By Period

QYLE

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

SPIN

• 1D: 2.72%
• 1M: -4.55%
• YTD: -5.22%
• 6M: -1.34%
• 1Y: 13.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QYLE vs. SPIN - Expense Ratio Comparison

QYLE has a 0.61% expense ratio, which is higher than SPIN's 0.25% expense ratio.

QYLE

Global X NASDAQ 100 ESG Covered Call ETF

SPIN

State Street US Equity Premium Income ETF

Return for Risk

QYLE vs. SPIN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPIN

SPIN Risk / Return Rank: 49
SPIN Sharpe Ratio Rank: 44
SPIN Sortino Ratio Rank: 46
SPIN Omega Ratio Rank: 53
SPIN Calmar Ratio Rank: 49
SPIN Martin Ratio Rank: 54

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. SPIN - 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 State Street US Equity Premium Income ETF (SPIN). 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	SPIN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.83	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.62	—

Dividends

QYLE vs. SPIN - Dividend Comparison

QYLE has not paid dividends to shareholders, while SPIN's dividend yield for the trailing twelve months is around 8.42%.

	TTM	2025	2024
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%	0.00%	0.00%
SPIN State Street US Equity Premium Income ETF	8.42%	8.20%	2.36%

Drawdowns

QYLE vs. SPIN - Drawdown Comparison

The maximum QYLE drawdown since its inception was 0.00%, smaller than the maximum SPIN drawdown of -16.85%. Use the drawdown chart below to compare losses from any high point for QYLE and SPIN.

Drawdown Indicators

	QYLE	SPIN	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-16.85%	+16.85%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.88%	—
Current Drawdown Current decline from peak	0.00%	-7.35%	+7.35%
Average Drawdown Average peak-to-trough decline	0.00%	-2.33%	+2.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.57%	—

Volatility

Volatility by Period

	QYLE	SPIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.97%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.05%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	16.34%	-16.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	14.90%	-14.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	14.90%	-14.90%