QYLU.L vs. MWOZ.L
QYLU.L (Global X NASDAQ 100 Covered Call UCITS ETF) and MWOZ.L (Amundi Prime Global UCITS ETF Dist) are both Global Equities funds - QYLU.L tracks the Global X NASDAQ 100 Covered Call UCITS ETF while MWOZ.L tracks the Solactive GBS Developed Markets Large & Mid Cap Index. Both are passively managed. Over the past year, QYLU.L returned 20.12% vs 22.34% for MWOZ.L. A 0.58 correlation means they provide meaningful diversification when combined.
Performance
QYLU.L vs. MWOZ.L - Performance Comparison
Loading charts...
Different Trading Currencies
QYLU.L is traded in USD, while MWOZ.L is traded in GBP. To make them comparable, the MWOZ.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 8.26% return, which is significantly lower than MWOZ.L's 10.18% return.
QYLU.L
- 1D
- 0.31%
- 1M
- 0.67%
- 6M
- 6.41%
- YTD
- 8.26%
- 1Y
- 20.12%
- 3Y*
- 12.61%
- 5Y*
- —
- 10Y*
- —
MWOZ.L
- 1D
- 0.00%
- 1M
- 0.21%
- 6M
- 9.01%
- YTD
- 10.18%
- 1Y
- 22.34%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QYLU.L vs. MWOZ.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QYLU.L Global X NASDAQ 100 Covered Call UCITS ETF | 8.26% | 3.74% |
MWOZ.L Amundi Prime Global UCITS ETF Dist | 10.18% | 17.37% |
Correlation
The correlation between QYLU.L and MWOZ.L is 0.53, 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 | 0.53 |
Correlation (All Time) Calculated using the full available price history since Feb 6, 2025 | 0.58 |
The correlation between QYLU.L and MWOZ.L has been stable across timeframes, ranging from 0.53 to 0.58 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QYLU.L vs. MWOZ.L — Risk / Return Rank
QYLU.L
MWOZ.L
QYLU.L vs. MWOZ.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X NASDAQ 100 Covered Call UCITS ETF (QYLU.L) and Amundi Prime Global UCITS ETF Dist (MWOZ.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 | MWOZ.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.33 | ||
| Sortino ratioReturn per unit of downside risk | -0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.33 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 4.07 | 2.55 | +1.52 |
| Martin ratioReturn relative to average drawdown | 13.98 | 10.83 | +3.15 |
Loading charts...
Drawdowns
QYLU.L vs. MWOZ.L - Drawdown Comparison
The maximum QYLU.L drawdown since its inception was -19.93%, which is greater than MWOZ.L's maximum drawdown of -17.73%. Use the drawdown chart below to compare losses from any high point for QYLU.L and MWOZ.L.
Loading charts...
Drawdown Indicators
| QYLU.L | MWOZ.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.93% | -17.73% | -2.20% |
Max Drawdown (1Y)Largest decline over 1 year | -4.97% | -8.81% | +3.84% |
Max Drawdown (3Y)Largest decline over 3 years | -19.93% | — | — |
Current DrawdownCurrent decline from peak | -0.58% | -0.23% | -0.35% |
Average DrawdownAverage peak-to-trough decline | -2.42% | -2.00% | -0.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.45% | 2.07% | -0.62% |
Volatility
QYLU.L vs. MWOZ.L - Volatility Comparison
Global X NASDAQ 100 Covered Call UCITS ETF (QYLU.L) has a higher volatility of 4.86% compared to Amundi Prime Global UCITS ETF Dist (MWOZ.L) at 3.05%. This indicates that QYLU.L's price experiences larger fluctuations and is considered to be riskier than MWOZ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QYLU.L | MWOZ.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.86% | 3.05% | +1.81% |
Volatility (6M)Calculated over the trailing 6-month period | 9.27% | 9.24% | +0.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.09% | 11.99% | +1.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.61% | 15.10% | +0.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.61% | 15.10% | +0.51% |
Dividends
QYLU.L vs. MWOZ.L - Dividend Comparison
QYLU.L has not paid dividends to shareholders, while MWOZ.L's dividend yield for the trailing twelve months is around 1.19%.
| Position | TTM | 2025 |
|---|---|---|
MWOZ.L Amundi Prime Global UCITS ETF Dist | 1.19% | 1.60% |
QYLU.L Global X NASDAQ 100 Covered Call UCITS ETF | 0.00% | 0.00% |
Frequently Asked Questions
QYLU.L and MWOZ.L have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QYLU.L tracks Global X NASDAQ 100 Covered Call UCITS ETF, while MWOZ.L tracks Solactive GBS Developed Markets Large & Mid Cap Index. They also come from different issuers: Global X and Amundi.
Find the right allocation for QYLU.L and MWOZ.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer