SNSR vs. QYLD

Last updated Jun 26, 2026

SNSR (Global X Internet of Things ETF) and QYLD (Global X NASDAQ 100 Covered Call ETF) are both exchange-traded funds - SNSR is a Technology Equities fund tracking the Indxx Global Internet of Things Thematic Index, while QYLD is a Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2. Both are passively managed. Over the past 5 years, SNSR returned 7.34%/yr vs 8.29%/yr for QYLD. A 0.69 correlation means they provide meaningful diversification when combined. SNSR charges 0.68%/yr vs 0.60%/yr for QYLD.

Performance

SNSR vs. QYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Internet of Things ETF (SNSR) and Global X NASDAQ 100 Covered Call ETF (QYLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SNSR achieves a 32.97% return, which is significantly higher than QYLD's 8.25% return.

SNSR

• 1D: 0.47%
• 1M: -5.99%
• YTD: 32.97%
• 6M: 31.47%
• 1Y: 33.45%
• 3Y*: 14.85%
• 5Y*: 7.34%
• 10Y*: —

QYLD

• 1D: 0.56%
• 1M: 1.12%
• YTD: 8.25%
• 6M: 7.89%
• 1Y: 22.07%
• 3Y*: 14.40%
• 5Y*: 8.29%
• 10Y*: 10.21%

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

SNSR vs. QYLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SNSR Global X Internet of Things ETF	32.97%	6.46%	-0.45%	23.06%	-25.50%	23.66%	35.05%	47.90%	-17.66%	28.59%
QYLD Global X NASDAQ 100 Covered Call ETF	8.25%	9.28%	19.35%	22.77%	-19.08%	10.41%	8.72%	22.69%	-3.07%	18.79%

Correlation

The correlation between SNSR and QYLD is 0.71, 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	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (All Time) Calculated using the full available price history since Sep 16, 2016	0.69

The correlation between SNSR and QYLD has been stable across timeframes, ranging from 0.69 to 0.74 - a consistent structural relationship.

SNSR vs. QYLD - Sectors Allocation Comparison

Sectors	SNSR	QYLD
Technology	80.5%	58.7%
Industrials	13.6%	2.6%
Healthcare	5.1%	3.7%
Communication Services	0.8%	14.3%
Basic Materials	0.2%	1.0%
Utilities	0.1%	1.2%
Consumer Cyclical	-	11.4%
Consumer Defensive	-	6.4%
Energy	-	0.5%
Financial Services	-	0.2%
Real Estate	-	0.1%

Return for Risk

SNSR vs. QYLD — Risk / Return Rank

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

SNSR

SNSR Risk / Return Rank: 44
SNSR Sharpe Ratio Rank: 40
SNSR Sortino Ratio Rank: 38
SNSR Omega Ratio Rank: 38
SNSR Calmar Ratio Rank: 54
SNSR Martin Ratio Rank: 47

QYLD

QYLD Risk / Return Rank: 88
QYLD Sharpe Ratio Rank: 83
QYLD Sortino Ratio Rank: 83
QYLD Omega Ratio Rank: 91
QYLD Calmar Ratio Rank: 88
QYLD Martin Ratio Rank: 95

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.

SNSR vs. QYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Internet of Things ETF (SNSR) 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.

	SNSR	QYLD	Difference
Sharpe ratio: Return per unit of total volatility	1.28	2.29	-1.01
Sortino ratio: Return per unit of downside risk	1.81	3.21	-1.41
Omega ratio: Gain probability vs. loss probability	1.23	1.51	-0.28
Calmar ratio: Return relative to maximum drawdown	2.35	4.46	-2.11
Martin ratio: Return relative to average drawdown	6.86	24.33	-17.47

SNSR vs. QYLD - Sharpe Ratio Comparison

The current SNSR Sharpe Ratio is 1.28, which is lower than the QYLD Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of SNSR 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.

Drawdowns

SNSR vs. QYLD - Drawdown Comparison

The maximum SNSR drawdown since its inception was -38.46%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for SNSR and QYLD.

Drawdown Indicators

	SNSR	QYLD	Difference
Max Drawdown Largest peak-to-trough decline	-38.46%	-24.75%	-13.71%
Max Drawdown (1Y) Largest decline over 1 year	-14.30%	-4.97%	-9.33%
Max Drawdown (3Y) Largest decline over 3 years	-28.32%	-19.06%	-9.26%
Max Drawdown (5Y) Largest decline over 5 years	-38.03%	-24.61%	-13.42%
Max Drawdown (10Y) Largest decline over 10 years	—	-24.75%	—
Current Drawdown Current decline from peak	-8.66%	-1.77%	-6.89%
Average Drawdown Average peak-to-trough decline	-9.48%	-3.82%	-5.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.89%	0.91%	+3.98%

Volatility

SNSR vs. QYLD - Volatility Comparison

Global X Internet of Things ETF (SNSR) has a higher volatility of 13.22% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 4.78%. This indicates that SNSR'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.

Volatility by Period

	SNSR	QYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.22%	4.78%	+8.44%
Volatility (6M) Calculated over the trailing 6-month period	21.71%	8.45%	+13.26%
Volatility (1Y) Calculated over the trailing 1-year period	26.28%	9.69%	+16.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.69%	14.84%	+10.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.88%	15.55%	+9.33%

SNSR vs. QYLD - Expense Ratio Comparison

SNSR has a 0.68% expense ratio, which is higher than QYLD's 0.60% expense ratio.

Dividends

SNSR vs. QYLD - Dividend Comparison

SNSR's dividend yield for the trailing twelve months is around 0.41%, less than QYLD's 11.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QYLD Global X NASDAQ 100 Covered Call ETF	11.64%	11.55%	12.50%	11.78%	13.75%	12.85%	11.16%	9.84%	12.44%	7.69%	9.15%	9.42%
SNSR Global X Internet of Things ETF	0.41%	0.54%	0.73%	0.74%	0.82%	0.43%	0.21%	1.12%	1.25%	1.11%	0.31%	0.00%

Frequently Asked Questions

Can I hold both SNSR and QYLD in my portfolio?

SNSR and QYLD have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SNSR or QYLD?

SNSR has higher volatility (13.22%) compared to QYLD (4.78%). In terms of maximum drawdown, SNSR dropped -38.46% vs QYLD's -24.75%.

Which ETF is better, SNSR or QYLD?

On 5-year performance, QYLD leads with 8.29% vs 7.34% for SNSR. On fees, QYLD is cheaper at 0.60% per year. On volatility, QYLD has been the lower-risk option at 4.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SNSR or QYLD?

Over the 5-year period, QYLD has performed better with a 8.29% return vs 7.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SNSR or QYLD?

QYLD is cheaper with a 0.60% expense ratio, compared with 0.68% for SNSR.

Which ETF pays a higher dividend yield, SNSR or QYLD?

QYLD has the higher dividend yield at 11.64%, compared with 0.41% for SNSR.

What is the main difference between SNSR and QYLD?

SNSR is categorized as Technology Equities, while QYLD is Nasdaq-100. SNSR tracks Indxx Global Internet of Things Thematic Index, while QYLD tracks CBOE NASDAQ-100 Buy Write V2. Their fees differ too: 0.68% for SNSR and 0.60% for QYLD.

Which has better risk-adjusted returns?

QYLD currently has the higher Sharpe Ratio (2.29 vs 1.28), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.