QYLE vs. USOY

Last updated Apr 1, 2026

Compare and contrast key facts about Global X NASDAQ 100 ESG Covered Call ETF (QYLE) and Defiance Oil Enhanced Options Income ETF (USOY).

QYLE and USOY 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. USOY is an actively managed fund by Defiance. It was launched on May 9, 2024.

Performance

QYLE vs. USOY - 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 Defiance Oil Enhanced Options Income ETF (USOY). The values are adjusted to include any dividend payments, if applicable.

QYLE vs. USOY - Yearly Performance Comparison

	2026 (YTD)
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%
USOY Defiance Oil Enhanced Options Income ETF	45.36%

Returns By Period

QYLE

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

USOY

• 1D: -0.54%
• 1M: 34.04%
• YTD: 60.22%
• 6M: 55.39%
• 1Y: 44.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QYLE vs. USOY - Expense Ratio Comparison

QYLE has a 0.61% expense ratio, which is lower than USOY's 1.22% expense ratio.

USOY

Defiance Oil Enhanced Options Income ETF

QYLE

Global X NASDAQ 100 ESG Covered Call ETF

Return for Risk

QYLE vs. USOY — Risk / Return Rank

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

USOY

USOY Risk / Return Rank: 80
USOY Sharpe Ratio Rank: 87
USOY Sortino Ratio Rank: 84
USOY Omega Ratio Rank: 83
USOY Calmar Ratio Rank: 89
USOY Martin Ratio Rank: 58

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. USOY - 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 Defiance Oil Enhanced Options Income ETF (USOY). 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	USOY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.24	—

Dividends

QYLE vs. USOY - Dividend Comparison

QYLE has not paid dividends to shareholders, while USOY's dividend yield for the trailing twelve months is around 64.71%.

	TTM	2025	2024
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%	0.00%	0.00%
USOY Defiance Oil Enhanced Options Income ETF	55.99%	104.32%	48.60%

Drawdowns

QYLE vs. USOY - Drawdown Comparison

The maximum QYLE drawdown since its inception was 0.00%, smaller than the maximum USOY drawdown of -17.46%. Use the drawdown chart below to compare losses from any high point for QYLE and USOY.

Drawdown Indicators

	QYLE	USOY	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-17.46%	+17.46%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.70%	—
Current Drawdown Current decline from peak	0.00%	-0.54%	+0.54%
Average Drawdown Average peak-to-trough decline	0.00%	-6.56%	+6.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	8.34%	—

Volatility

Volatility by Period

	QYLE	USOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.94%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.38%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	25.35%	-25.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	22.37%	-22.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	22.37%	-22.37%