QYLU.L vs. 5QQQ.L
QYLU.L (Global X Nasdaq 100 Covered Call UCITS ETF USD (Acc)) and 5QQQ.L (Leverage Shares 5x Long Nasdaq 100 ETP Securities) are both Nasdaq-100 funds. QYLU.L is passively managed, while 5QQQ.L is actively managed. Over the past 3 years, QYLU.L returned 11.41%/yr vs 36.77%/yr for 5QQQ.L. A 0.70 correlation means they provide meaningful diversification when combined. QYLU.L charges 0.45%/yr vs 0.75%/yr for 5QQQ.L.
Performance
QYLU.L vs. 5QQQ.L - Performance Comparison
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Different Trading Currencies
QYLU.L is traded in USD, while 5QQQ.L is traded in GBp. To make them comparable, the 5QQQ.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, QYLU.L achieves a 4.87% return, which is significantly lower than 5QQQ.L's 21.88% return.
QYLU.L
- 1D
- -2.37%
- 1M
- -2.67%
- 6M
- 3.99%
- YTD
- 4.87%
- 1Y
- 16.53%
- 3Y*
- 11.41%
- 5Y*
- —
- 10Y*
- —
5QQQ.L
- 1D
- -11.17%
- 1M
- -28.09%
- 6M
- 20.58%
- YTD
- 21.88%
- 1Y
- 53.77%
- 3Y*
- 36.77%
- 5Y*
- —
- 10Y*
- —
QYLU.L vs. 5QQQ.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
QYLU.L Global X Nasdaq 100 Covered Call UCITS ETF USD (Acc) | 4.87% | 5.59% | 22.94% | 22.59% | -2.11% |
5QQQ.L Leverage Shares 5x Long Nasdaq 100 ETP Securities | 21.88% | 2.40% | 73.89% | 427.80% | -37.12% |
Correlation
The correlation between QYLU.L and 5QQQ.L is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Nov 22, 2022 | 0.70 |
The correlation between QYLU.L and 5QQQ.L shifts across timeframes, from 0.56 (1 year) to 0.70 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
QYLU.L vs. 5QQQ.L — Risk / Return Rank
QYLU.L
5QQQ.L
QYLU.L vs. 5QQQ.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Nasdaq 100 Covered Call UCITS ETF USD (Acc) (QYLU.L) and Leverage Shares 5x Long Nasdaq 100 ETP Securities (5QQQ.L). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| QYLU.L | 5QQQ.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.62 | ||
| Sortino ratioReturn per unit of downside risk | +0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.17 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.31 | 0.94 | +2.37 |
| Martin ratioReturn relative to average drawdown | 11.23 | 2.42 | +8.81 |
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Drawdowns
QYLU.L vs. 5QQQ.L - Drawdown Comparison
The maximum QYLU.L drawdown since its inception was -19.93%, smaller than the maximum 5QQQ.L drawdown of -96.41%. Use the drawdown chart below to compare losses from any high point for QYLU.L and 5QQQ.L.
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Drawdown Indicators
| QYLU.L | 5QQQ.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.93% | -96.41% | +76.48% |
Max Drawdown (1Y)Largest decline over 1 year | -4.97% | -56.71% | +51.74% |
Max Drawdown (3Y)Largest decline over 3 years | -19.93% | -80.22% | +60.29% |
Current DrawdownCurrent decline from peak | -3.70% | -56.68% | +52.98% |
Average DrawdownAverage peak-to-trough decline | -2.43% | -74.72% | +72.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.47% | 22.19% | -20.72% |
Volatility
QYLU.L vs. 5QQQ.L - Volatility Comparison
The current volatility for Global X Nasdaq 100 Covered Call UCITS ETF USD (Acc) (QYLU.L) is 5.42%, while Leverage Shares 5x Long Nasdaq 100 ETP Securities (5QQQ.L) has a volatility of 31.66%. This indicates that QYLU.L experiences smaller price fluctuations and is considered to be less risky than 5QQQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QYLU.L | 5QQQ.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.42% | 31.66% | -26.24% |
Volatility (6M)Calculated over the trailing 6-month period | 9.59% | 69.03% | -59.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.32% | 86.77% | -73.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.65% | 105.89% | -90.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.65% | 105.89% | -90.24% |
QYLU.L vs. 5QQQ.L - Expense Ratio Comparison
QYLU.L has a 0.45% expense ratio, which is lower than 5QQQ.L's 0.75% expense ratio.
Dividends
QYLU.L vs. 5QQQ.L - Dividend Comparison
Neither QYLU.L nor 5QQQ.L has paid dividends to shareholders.
Frequently Asked Questions
QYLU.L and 5QQQ.L have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QYLU.L is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QYLU.L is cheaper with a 0.45% expense ratio, compared with 0.75% for 5QQQ.L.
They also come from different issuers: Global X and Leverage Shares. Their fees differ too: 0.45% for QYLU.L and 0.75% for 5QQQ.L.
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