QYLE vs. XPAY

Last updated Apr 2, 2026

Compare and contrast key facts about Global X NASDAQ 100 ESG Covered Call ETF (QYLE) and Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY).

QYLE and XPAY 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. XPAY is an actively managed fund by Roundhill. It was launched on Oct 30, 2024.

Performance

QYLE vs. XPAY - 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 Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY). The values are adjusted to include any dividend payments, if applicable.

QYLE vs. XPAY - Yearly Performance Comparison

	2026 (YTD)
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%
XPAY Roundhill S&P 500 Target 20 Managed Distribution ETF	-5.21%

Returns By Period

QYLE

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

XPAY

• 1D: 0.86%
• 1M: -4.45%
• YTD: -3.96%
• 6M: -2.20%
• 1Y: 17.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QYLE vs. XPAY - Expense Ratio Comparison

QYLE has a 0.61% expense ratio, which is higher than XPAY's 0.49% expense ratio.

QYLE

Global X NASDAQ 100 ESG Covered Call ETF

XPAY

Roundhill S&P 500 Target 20 Managed Distribution ETF

Return for Risk

QYLE vs. XPAY — Risk / Return Rank

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

XPAY

XPAY Risk / Return Rank: 56
XPAY Sharpe Ratio Rank: 51
XPAY Sortino Ratio Rank: 53
XPAY Omega Ratio Rank: 57
XPAY Calmar Ratio Rank: 57
XPAY Martin Ratio Rank: 64

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. XPAY - 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 Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY). 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	XPAY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.96	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.64	—

Dividends

QYLE vs. XPAY - Dividend Comparison

QYLE has not paid dividends to shareholders, while XPAY's dividend yield for the trailing twelve months is around 22.92%.

	TTM	2025	2024
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%	0.00%	0.00%
XPAY Roundhill S&P 500 Target 20 Managed Distribution ETF	22.92%	21.21%	3.40%

Drawdowns

QYLE vs. XPAY - Drawdown Comparison

The maximum QYLE drawdown since its inception was 0.00%, smaller than the maximum XPAY drawdown of -18.20%. Use the drawdown chart below to compare losses from any high point for QYLE and XPAY.

Drawdown Indicators

	QYLE	XPAY	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-18.20%	+18.20%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.55%	—
Current Drawdown Current decline from peak	0.00%	-6.03%	+6.03%
Average Drawdown Average peak-to-trough decline	0.00%	-2.56%	+2.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.63%	—

Volatility

Volatility by Period

	QYLE	XPAY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.30%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.42%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	18.05%	-18.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	17.25%	-17.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	17.25%	-17.25%