QYLG vs. QQQS
Compare and contrast key facts about Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) and Invesco NASDAQ Future Gen 200 ETF (QQQS).
QYLG and QQQS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QYLG is a passively managed fund by Global X that tracks the performance of the CBOE Nasdaq-100 BuyWrite V2 Index. It was launched on Sep 18, 2020. QQQS is a passively managed fund by Invesco that tracks the performance of the Nasdaq Innovators Completion Cap Total Return Index. It was launched on Oct 13, 2022. Both QYLG and QQQS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
QYLG vs. QQQS - Performance Comparison
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QYLG vs. QQQS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
QYLG Global X Nasdaq 100 Covered Call & Growth ETF | -2.27% | 15.29% | 22.02% | 38.73% | 1.39% |
QQQS Invesco NASDAQ Future Gen 200 ETF | 0.79% | 23.03% | 10.20% | -1.94% | 6.56% |
Returns By Period
In the year-to-date period, QYLG achieves a -2.27% return, which is significantly lower than QQQS's 0.79% return.
QYLG
- 1D
- 0.82%
- 1M
- -2.54%
- YTD
- -2.27%
- 6M
- 2.01%
- 1Y
- 20.32%
- 3Y*
- 17.95%
- 5Y*
- 10.13%
- 10Y*
- —
QQQS
- 1D
- 1.77%
- 1M
- -5.87%
- YTD
- 0.79%
- 6M
- 3.60%
- 1Y
- 53.03%
- 3Y*
- 8.90%
- 5Y*
- —
- 10Y*
- —
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QYLG vs. QQQS - Expense Ratio Comparison
QYLG has a 0.60% expense ratio, which is higher than QQQS's 0.20% expense ratio.
Return for Risk
QYLG vs. QQQS — Risk / Return Rank
QYLG
QQQS
QYLG vs. QQQS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) and Invesco NASDAQ Future Gen 200 ETF (QQQS). 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.
| QYLG | QQQS | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.08 | 1.73 | -0.65 |
Sortino ratioReturn per unit of downside risk | 1.70 | 2.33 | -0.63 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.29 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.85 | 3.14 | -1.29 |
Martin ratioReturn relative to average drawdown | 9.05 | 10.80 | -1.76 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| QYLG | QQQS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.08 | 1.73 | -0.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.38 | +0.28 |
Correlation
The correlation between QYLG and QQQS is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
QYLG vs. QQQS - Dividend Comparison
QYLG's dividend yield for the trailing twelve months is around 18.82%, more than QQQS's 3.45% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
QYLG Global X Nasdaq 100 Covered Call & Growth ETF | 18.82% | 17.93% | 25.27% | 5.43% | 6.91% | 10.15% | 1.44% |
QQQS Invesco NASDAQ Future Gen 200 ETF | 3.45% | 3.48% | 0.80% | 0.68% | 0.04% | 0.00% | 0.00% |
Drawdowns
QYLG vs. QQQS - Drawdown Comparison
The maximum QYLG drawdown since its inception was -29.98%, smaller than the maximum QQQS drawdown of -38.06%. Use the drawdown chart below to compare losses from any high point for QYLG and QQQS.
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Drawdown Indicators
| QYLG | QQQS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.98% | -38.06% | +8.08% |
Max Drawdown (1Y)Largest decline over 1 year | -11.45% | -16.53% | +5.08% |
Max Drawdown (5Y)Largest decline over 5 years | -29.98% | — | — |
Current DrawdownCurrent decline from peak | -4.76% | -7.82% | +3.06% |
Average DrawdownAverage peak-to-trough decline | -6.60% | -13.83% | +7.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.33% | 4.80% | -2.47% |
Volatility
QYLG vs. QQQS - Volatility Comparison
The current volatility for Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) is 5.88%, while Invesco NASDAQ Future Gen 200 ETF (QQQS) has a volatility of 10.13%. This indicates that QYLG experiences smaller price fluctuations and is considered to be less risky than QQQS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QYLG | QQQS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.88% | 10.13% | -4.25% |
Volatility (6M)Calculated over the trailing 6-month period | 10.16% | 19.99% | -9.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.87% | 30.76% | -11.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.07% | 28.42% | -10.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.09% | 28.42% | -10.33% |