QYLE vs. SPYI

Last updated Apr 2, 2026

Compare and contrast key facts about Global X NASDAQ 100 ESG Covered Call ETF (QYLE) and NEOS S&P 500 High Income ETF (SPYI).

QYLE and SPYI 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. SPYI is an actively managed fund by Neos. It was launched on Aug 29, 2022.

Performance

QYLE vs. SPYI - 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 NEOS S&P 500 High Income ETF (SPYI). The values are adjusted to include any dividend payments, if applicable.

QYLE vs. SPYI - Yearly Performance Comparison

	2026 (YTD)
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%
SPYI NEOS S&P 500 High Income ETF	-3.91%

Returns By Period

QYLE

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

SPYI

• 1D: 0.56%
• 1M: -3.70%
• YTD: -2.59%
• 6M: 0.63%
• 1Y: 16.76%
• 3Y*: 14.46%
• 5Y*: —
• 10Y*: —

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

QYLE vs. SPYI - Expense Ratio Comparison

QYLE has a 0.61% expense ratio, which is lower than SPYI's 0.68% expense ratio.

SPYI

NEOS S&P 500 High Income ETF

QYLE

Global X NASDAQ 100 ESG Covered Call ETF

Return for Risk

QYLE vs. SPYI — Risk / Return Rank

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

SPYI

SPYI Risk / Return Rank: 63
SPYI Sharpe Ratio Rank: 56
SPYI Sortino Ratio Rank: 59
SPYI Omega Ratio Rank: 69
SPYI Calmar Ratio Rank: 58
SPYI Martin Ratio Rank: 74

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. SPYI - 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 NEOS S&P 500 High Income ETF (SPYI). 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	SPYI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.04	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.01	—

Dividends

QYLE vs. SPYI - Dividend Comparison

QYLE has not paid dividends to shareholders, while SPYI's dividend yield for the trailing twelve months is around 12.43%.

	TTM	2025	2024	2023	2022
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%	0.00%	0.00%	0.00%	0.00%
SPYI NEOS S&P 500 High Income ETF	12.43%	11.70%	12.04%	12.01%	4.10%

Drawdowns

QYLE vs. SPYI - Drawdown Comparison

The maximum QYLE drawdown since its inception was 0.00%, smaller than the maximum SPYI drawdown of -16.47%. Use the drawdown chart below to compare losses from any high point for QYLE and SPYI.

Drawdown Indicators

	QYLE	SPYI	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-16.47%	+16.47%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.02%	—
Current Drawdown Current decline from peak	0.00%	-4.50%	+4.50%
Average Drawdown Average peak-to-trough decline	0.00%	-1.86%	+1.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.11%	—

Volatility

Volatility by Period

	QYLE	SPYI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.10%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.29%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	16.22%	-16.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	13.12%	-13.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	13.12%	-13.12%