RYLG vs. QYLE

Last updated Apr 1, 2026

Compare and contrast key facts about Global X Russell 2000 Covered Call & Growth ETF (RYLG) and Global X NASDAQ 100 ESG Covered Call ETF (QYLE).

RYLG and QYLE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RYLG is a passively managed fund by Global X that tracks the performance of the Cboe Russell 2000 Half BuyWrite Index. It was launched on Oct 4, 2022. 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. Both RYLG and QYLE 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

RYLG vs. QYLE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Russell 2000 Covered Call & Growth ETF (RYLG) and Global X NASDAQ 100 ESG Covered Call ETF (QYLE). The values are adjusted to include any dividend payments, if applicable.

RYLG vs. QYLE - Yearly Performance Comparison

	2026 (YTD)
RYLG Global X Russell 2000 Covered Call & Growth ETF	-4.81%
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%

Returns By Period

RYLG

• 1D: 2.64%
• 1M: -4.29%
• YTD: 0.64%
• 6M: 4.08%
• 1Y: 18.22%
• 3Y*: 9.48%
• 5Y*: —
• 10Y*: —

QYLE

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

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

RYLG vs. QYLE - Expense Ratio Comparison

RYLG has a 0.35% expense ratio, which is lower than QYLE's 0.61% expense ratio.

QYLE

Global X NASDAQ 100 ESG Covered Call ETF

RYLG

Global X Russell 2000 Covered Call & Growth ETF

Return for Risk

RYLG vs. QYLE — Risk / Return Rank

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

RYLG

RYLG Risk / Return Rank: 55
RYLG Sharpe Ratio Rank: 53
RYLG Sortino Ratio Rank: 55
RYLG Omega Ratio Rank: 54
RYLG Calmar Ratio Rank: 54
RYLG Martin Ratio Rank: 62

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.

RYLG vs. QYLE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Russell 2000 Covered Call & Growth ETF (RYLG) and Global X NASDAQ 100 ESG Covered Call ETF (QYLE). 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.

	RYLG	QYLE	Difference
Sharpe ratio Return per unit of total volatility	0.93	—	—
Sortino ratio Return per unit of downside risk	1.43	—	—
Omega ratio Gain probability vs. loss probability	1.20	—	—
Calmar ratio Return relative to maximum drawdown	1.35	—	—
Martin ratio Return relative to average drawdown	6.15	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	RYLG	QYLE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.93	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	—	—

Dividends

RYLG vs. QYLE - Dividend Comparison

RYLG's dividend yield for the trailing twelve months is around 11.35%, while QYLE has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022
RYLG Global X Russell 2000 Covered Call & Growth ETF	11.35%	10.82%	23.73%	5.78%	4.36%
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

RYLG vs. QYLE - Drawdown Comparison

The maximum RYLG drawdown since its inception was -22.37%, which is greater than QYLE's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for RYLG and QYLE.

Drawdown Indicators

	RYLG	QYLE	Difference
Max Drawdown Largest peak-to-trough decline	-22.37%	0.00%	-22.37%
Max Drawdown (1Y) Largest decline over 1 year	-13.18%	—	—
Current Drawdown Current decline from peak	-5.75%	0.00%	-5.75%
Average Drawdown Average peak-to-trough decline	-4.29%	0.00%	-4.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.90%	—	—

Volatility

Volatility by Period

	RYLG	QYLE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.39%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.98%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.62%	0.00%	+19.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.36%	0.00%	+17.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.36%	0.00%	+17.36%