QYLE vs. SVOL

Last updated Apr 1, 2026

Compare and contrast key facts about Global X NASDAQ 100 ESG Covered Call ETF (QYLE) and Simplify Volatility Premium ETF (SVOL).

QYLE and SVOL 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. SVOL is an actively managed fund by Simplify. It was launched on May 12, 2021.

Performance

QYLE vs. SVOL - 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 Simplify Volatility Premium ETF (SVOL). The values are adjusted to include any dividend payments, if applicable.

QYLE vs. SVOL - Yearly Performance Comparison

	2026 (YTD)
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%
SVOL Simplify Volatility Premium ETF	-7.67%

Returns By Period

QYLE

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

SVOL

• 1D: 1.52%
• 1M: -6.10%
• YTD: -7.92%
• 6M: -5.42%
• 1Y: 3.66%
• 3Y*: 6.05%
• 5Y*: —
• 10Y*: —

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

QYLE vs. SVOL - Expense Ratio Comparison

QYLE has a 0.61% expense ratio, which is higher than SVOL's 0.50% expense ratio.

QYLE

Global X NASDAQ 100 ESG Covered Call ETF

SVOL

Simplify Volatility Premium ETF

Return for Risk

QYLE vs. SVOL — Risk / Return Rank

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

SVOL

SVOL Risk / Return Rank: 17
SVOL Sharpe Ratio Rank: 15
SVOL Sortino Ratio Rank: 19
SVOL Omega Ratio Rank: 20
SVOL Calmar Ratio Rank: 16
SVOL Martin Ratio Rank: 17

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. SVOL - 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 Simplify Volatility Premium ETF (SVOL). 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	SVOL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.09	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.28	—

Dividends

QYLE vs. SVOL - Dividend Comparison

QYLE has not paid dividends to shareholders, while SVOL's dividend yield for the trailing twelve months is around 23.14%.

	TTM	2025	2024	2023	2022	2021
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SVOL Simplify Volatility Premium ETF	23.14%	19.82%	16.79%	16.36%	18.32%	4.65%

Drawdowns

QYLE vs. SVOL - Drawdown Comparison

The maximum QYLE drawdown since its inception was 0.00%, smaller than the maximum SVOL drawdown of -33.50%. Use the drawdown chart below to compare losses from any high point for QYLE and SVOL.

Drawdown Indicators

	QYLE	SVOL	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-33.50%	+33.50%
Max Drawdown (1Y) Largest decline over 1 year	—	-24.73%	—
Current Drawdown Current decline from peak	0.00%	-10.30%	+10.30%
Average Drawdown Average peak-to-trough decline	0.00%	-4.74%	+4.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.46%	—

Volatility

Volatility by Period

	QYLE	SVOL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.34%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.82%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	38.84%	-38.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	22.28%	-22.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	22.28%	-22.28%