QYLE vs. TSMY

Last updated Apr 1, 2026

Compare and contrast key facts about Global X NASDAQ 100 ESG Covered Call ETF (QYLE) and YieldMax TSM Option Income Strategy ETF (TSMY).

QYLE and TSMY 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. TSMY is an actively managed fund by YieldMax. It was launched on Aug 20, 2024.

Performance

QYLE vs. TSMY - 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 YieldMax TSM Option Income Strategy ETF (TSMY). The values are adjusted to include any dividend payments, if applicable.

QYLE vs. TSMY - Yearly Performance Comparison

	2026 (YTD)
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%
TSMY YieldMax TSM Option Income Strategy ETF	-0.96%

Returns By Period

QYLE

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

TSMY

• 1D: 6.41%
• 1M: -7.42%
• YTD: 10.01%
• 6M: 17.90%
• 1Y: 81.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QYLE vs. TSMY - Expense Ratio Comparison

QYLE has a 0.61% expense ratio, which is lower than TSMY's 0.99% expense ratio.

TSMY

YieldMax TSM Option Income Strategy ETF

QYLE

Global X NASDAQ 100 ESG Covered Call ETF

Return for Risk

QYLE vs. TSMY — Risk / Return Rank

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

TSMY

TSMY Risk / Return Rank: 96
TSMY Sharpe Ratio Rank: 97
TSMY Sortino Ratio Rank: 96
TSMY Omega Ratio Rank: 94
TSMY Calmar Ratio Rank: 97
TSMY Martin Ratio Rank: 97

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. TSMY - 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 YieldMax TSM Option Income Strategy ETF (TSMY). 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	TSMY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.15	—

Dividends

QYLE vs. TSMY - Dividend Comparison

QYLE has not paid dividends to shareholders, while TSMY's dividend yield for the trailing twelve months is around 57.85%.

	TTM	2025	2024
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%	0.00%	0.00%
TSMY YieldMax TSM Option Income Strategy ETF	57.85%	56.76%	13.71%

Drawdowns

QYLE vs. TSMY - Drawdown Comparison

The maximum QYLE drawdown since its inception was 0.00%, smaller than the maximum TSMY drawdown of -31.15%. Use the drawdown chart below to compare losses from any high point for QYLE and TSMY.

Drawdown Indicators

	QYLE	TSMY	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-31.15%	+31.15%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.50%	—
Current Drawdown Current decline from peak	0.00%	-10.08%	+10.08%
Average Drawdown Average peak-to-trough decline	0.00%	-5.81%	+5.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.48%	—

Volatility

Volatility by Period

	QYLE	TSMY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.70%	—
Volatility (6M) Calculated over the trailing 6-month period	—	23.05%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	31.08%	-31.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	33.42%	-33.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	33.42%	-33.42%