SLTY vs. QYLE

Last updated Apr 2, 2026

Compare and contrast key facts about YieldMax Ultra Short Option Income Strategy ETF (SLTY) and Global X NASDAQ 100 ESG Covered Call ETF (QYLE).

SLTY and QYLE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SLTY is an actively managed fund by YieldMax. It was launched on Aug 20, 2025. 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.

Performance

SLTY vs. QYLE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Ultra Short Option Income Strategy ETF (SLTY) and Global X NASDAQ 100 ESG Covered Call ETF (QYLE). The values are adjusted to include any dividend payments, if applicable.

SLTY vs. QYLE - Yearly Performance Comparison

	2026 (YTD)
SLTY YieldMax Ultra Short Option Income Strategy ETF	11.05%
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%

Returns By Period

SLTY

• 1D: 0.67%
• 1M: 7.28%
• YTD: 1.45%
• 6M: -0.35%
• 1Y: —
• 3Y*: —
• 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)

SLTY vs. QYLE - Expense Ratio Comparison

SLTY has a 1.24% expense ratio, which is higher than QYLE's 0.61% expense ratio.

SLTY

YieldMax Ultra Short Option Income Strategy ETF

QYLE

Global X NASDAQ 100 ESG Covered Call ETF

Return for Risk

SLTY vs. QYLE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Ultra Short Option Income Strategy ETF (SLTY) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SLTY	QYLE	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.89	—	—

Dividends

SLTY vs. QYLE - Dividend Comparison

SLTY's dividend yield for the trailing twelve months is around 51.60%, while QYLE has not paid dividends to shareholders.

	TTM	2025
SLTY YieldMax Ultra Short Option Income Strategy ETF	51.60%	29.68%
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%	0.00%

Drawdowns

SLTY vs. QYLE - Drawdown Comparison

The maximum SLTY drawdown since its inception was -20.88%, which is greater than QYLE's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SLTY and QYLE.

Drawdown Indicators

	SLTY	QYLE	Difference
Max Drawdown Largest peak-to-trough decline	-20.88%	0.00%	-20.88%
Current Drawdown Current decline from peak	-10.90%	0.00%	-10.90%
Average Drawdown Average peak-to-trough decline	-13.19%	0.00%	-13.19%

Volatility

Volatility by Period

	SLTY	QYLE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	19.50%	0.00%	+19.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.50%	0.00%	+19.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.50%	0.00%	+19.50%