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RIO.L vs. QYLD
Performance
Return for Risk
Drawdowns
Volatility
Dividends

RIO.L vs. QYLD

Last updated Jun 20, 2026

RIO.L (Rio Tinto PLC) is a stock, while QYLD (Global X NASDAQ 100 Covered Call ETF) is Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2. Over the past 10 years, RIO.L returned 21.95%/yr vs 11.23%/yr for QYLD. At a 0.11 correlation, their price movements are largely independent.

Performance

RIO.L vs. QYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Rio Tinto PLC (RIO.L) and Global X NASDAQ 100 Covered Call ETF (QYLD). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

RIO.L is traded in GBp, while QYLD is traded in USD. To make them comparable, the QYLD values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, RIO.L achieves a 26.74% return, which is significantly higher than QYLD's 12.40% return. Over the past 10 years, RIO.L has outperformed QYLD with an annualized return of 21.95%, while QYLD has yielded a comparatively lower 11.23% annualized return.

RIO.L

1D
-2.57%
1M
-3.22%
YTD
26.74%
6M
30.12%
1Y
87.98%
3Y*
19.94%
5Y*
13.51%
10Y*
21.95%

QYLD

1D
3.05%
1M
5.83%
YTD
12.40%
6M
12.14%
1Y
27.56%
3Y*
13.48%
5Y*
9.90%
10Y*
11.23%
*Multi-year figures are annualized to reflect compound growth (CAGR)

RIO.L vs. QYLD - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
RIO.L
Rio Tinto PLC		26.74%34.77%-13.38%6.96%32.01%0.26%30.37%28.27%0.31%31.42%
QYLD
Global X NASDAQ 100 Covered Call ETF		12.40%1.50%21.44%16.64%-9.45%11.46%5.53%18.03%2.68%8.52%

Correlation

The correlation between RIO.L and QYLD is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.11

Correlation (3Y)
Calculated over the trailing 3-year period

0.10

Correlation (5Y)
Calculated over the trailing 5-year period

0.05

Correlation (10Y)
Calculated over the trailing 10-year period

0.11

Correlation (All Time)
Calculated using the full available price history since Dec 12, 2013

0.11

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Rio Tinto PLC

Global X NASDAQ 100 Covered Call ETF

Often compared with RIO.L:
RIO.L vs. RIORIO.L vs. SPYRIO.L vs. INDA.DERIO.L vs. EMG.LRIO.L vs. XSX7.DERIO.L vs. RKT.LRIO.L vs. WINC.AS
Often compared with QYLD:
QYLD vs. JEPQQYLD vs. JEPIQYLD vs. QQQQYLD vs. XYLDQYLD vs. RYLDQYLD vs. SCHDQYLD vs. QYLG

Return for Risk

RIO.L vs. QYLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RIO.L
RIO.L Risk / Return Rank: 9696
Overall Rank
RIO.L Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
RIO.L Sortino Ratio Rank: 9696
Sortino Ratio Rank
RIO.L Omega Ratio Rank: 9595
Omega Ratio Rank
RIO.L Calmar Ratio Rank: 9595
Calmar Ratio Rank
RIO.L Martin Ratio Rank: 9797
Martin Ratio Rank
QYLD
QYLD Risk / Return Rank: 9191
Overall Rank
QYLD Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
QYLD Sortino Ratio Rank: 8989
Sortino Ratio Rank
QYLD Omega Ratio Rank: 9393
Omega Ratio Rank
QYLD Calmar Ratio Rank: 9090
Calmar Ratio Rank
QYLD Martin Ratio Rank: 9595
Martin Ratio Rank
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.

RIO.L vs. QYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rio Tinto PLC (RIO.L) and Global X NASDAQ 100 Covered Call ETF (QYLD). 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.

RIO.LQYLDDifference
Sharpe ratioReturn per unit of total volatility
3.40
2.77

+0.63

Sortino ratioReturn per unit of downside risk
4.12
3.88

+0.24

Omega ratioGain probability vs. loss probability

1.53

1.55

-0.02

Calmar ratioReturn relative to maximum drawdown

6.25

7.15

-0.90

Martin ratioReturn relative to average drawdown

23.43

25.50

-2.07

RIO.L vs. QYLD - Sharpe Ratio Comparison

The current RIO.L Sharpe Ratio is 3.40, which is comparable to the QYLD Sharpe Ratio of 2.77. The chart below compares the historical Sharpe Ratios of RIO.L and QYLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

RIO.L vs. QYLD - Drawdown Comparison

The maximum RIO.L drawdown since its inception was -85.07%, which is greater than QYLD's maximum drawdown of -21.03%. Use the drawdown chart below to compare losses from any high point for RIO.L and QYLD.

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Drawdown Indicators

RIO.LQYLDDifference

Max Drawdown

Largest peak-to-trough decline

-85.07%

-21.03%

-64.04%

Max Drawdown (1Y)

Largest decline over 1 year

-13.99%

-3.87%

-10.12%

Max Drawdown (3Y)

Largest decline over 3 years

-24.61%

-20.96%

-3.65%

Max Drawdown (5Y)

Largest decline over 5 years

-26.63%

-20.96%

-5.67%

Max Drawdown (10Y)

Largest decline over 10 years

-35.65%

-21.03%

-14.62%

Current Drawdown

Current decline from peak

-11.00%

0.00%

-11.00%

Average Drawdown

Average peak-to-trough decline

-19.53%

-3.72%

-15.81%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.74%

1.09%

+2.65%

Volatility

RIO.L vs. QYLD - Volatility Comparison

Rio Tinto PLC (RIO.L) has a higher volatility of 8.95% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 4.20%. This indicates that RIO.L's price experiences larger fluctuations and is considered to be riskier than QYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

RIO.LQYLDDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.95%

4.20%

+4.75%

Volatility (6M)

Calculated over the trailing 6-month period

21.82%

7.97%

+13.85%

Volatility (1Y)

Calculated over the trailing 1-year period

25.91%

10.00%

+15.91%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

26.47%

14.73%

+11.74%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

28.43%

16.80%

+11.63%

Dividends

RIO.L vs. QYLD - Dividend Comparison

RIO.L's dividend yield for the trailing twelve months is around 4.06%, less than QYLD's 11.22% yield.

PositionTTM20252024202320222021202020192018201720162015
QYLD
Global X NASDAQ 100 Covered Call ETF		11.22%11.55%12.50%11.78%13.75%12.85%11.16%9.84%12.44%7.69%9.15%9.42%
RIO.L
Rio Tinto PLC		4.06%4.75%7.16%5.53%9.90%14.14%5.43%5.76%6.07%4.66%3.42%7.42%

Frequently Asked Questions

RIO.L and QYLD have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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