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SOCL vs. QYLD
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SOCL vs. QYLD

Last updated Jul 15, 2026
Documentation

SOCL (Global X Social Media ETF) and QYLD (Global X NASDAQ 100 Covered Call ETF) are both exchange-traded funds - SOCL is a Large Cap Growth Equities fund tracking the Solactive Social Media Index, while QYLD is a Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2. Both are passively managed. Over the past 10 years, SOCL returned 8.40%/yr vs 9.99%/yr for QYLD. A 0.62 correlation means they provide meaningful diversification when combined. SOCL charges 0.65%/yr vs 0.60%/yr for QYLD.

Performance

SOCL vs. QYLD - Performance Comparison

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

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Returns By Period

In the year-to-date period, SOCL achieves a -15.97% return, which is significantly lower than QYLD's 10.42% return. Over the past 10 years, SOCL has underperformed QYLD with an annualized return of 8.40%, while QYLD has yielded a comparatively higher 9.99% annualized return.

SOCL

1D
0.44%
1M
1.08%
6M
-20.41%
YTD
-15.97%
1Y
-12.95%
3Y*
5.65%
5Y*
-7.35%
10Y*
8.40%

QYLD

1D
1.21%
1M
2.57%
6M
9.06%
YTD
10.42%
1Y
23.40%
3Y*
13.71%
5Y*
8.57%
10Y*
9.99%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SOCL vs. QYLD - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SOCL
Global X Social Media ETF		-15.97%31.04%5.08%31.08%-42.23%-12.84%78.35%25.74%-16.39%54.65%
QYLD
Global X NASDAQ 100 Covered Call ETF		10.42%9.28%19.35%22.77%-19.08%10.41%8.72%22.69%-3.07%18.79%

Correlation

The correlation between SOCL and QYLD is 0.56, 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

0.56

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

0.58

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

0.64

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

0.64

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

0.62

The correlation between SOCL and QYLD has been stable across timeframes, ranging from 0.56 to 0.64 - a consistent structural relationship.

SOCL vs. QYLD - Sectors Allocation Comparison

Sectors
SOCL
QYLD

Communication Services

96.2%
14.3%

Technology

2.8%
58.7%

Consumer Defensive

0.5%
6.4%

Industrials

0.4%
2.6%

Consumer Cyclical

0.1%
11.4%

Basic Materials

-

1.0%

Energy

-

0.5%

Financial Services

-

0.2%

Healthcare

-

3.7%

Real Estate

-

0.1%

Utilities

-

1.2%

Communication Services

SOCL
96.2%
QYLD
14.3%

Technology

SOCL
2.8%
QYLD
58.7%

Consumer Defensive

SOCL
0.5%
QYLD
6.4%

Industrials

SOCL
0.4%
QYLD
2.6%

Consumer Cyclical

SOCL
0.1%
QYLD
11.4%

Basic Materials

SOCL

-

QYLD
1.0%

Energy

SOCL

-

QYLD
0.5%

Financial Services

SOCL

-

QYLD
0.2%

Healthcare

SOCL

-

QYLD
3.7%

Real Estate

SOCL

-

QYLD
0.1%

Utilities

SOCL

-

QYLD
1.2%

Compare stocks, funds, or ETFs

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

Global X Social Media ETF

Global X NASDAQ 100 Covered Call ETF

Often compared with SOCL:
SOCL vs. SOXLSOCL vs. XLCSOCL vs. TQQQSOCL vs. BOILSOCL vs. IGVSOCL vs. FXAIXSOCL vs. TECL
Often compared with QYLD:
QYLD vs. JEPQQYLD vs. JEPIQYLD vs. QQQQYLD vs. XYLDQYLD vs. RYLDQYLD vs. SCHDQYLD vs. QYLG

Return for Risk

SOCL vs. QYLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SOCL
SOCL Risk / Return Rank: 55
Overall Rank
SOCL Sharpe Ratio Rank: 55
Sharpe Ratio Rank
SOCL Sortino Ratio Rank: 55
Sortino Ratio Rank
SOCL Omega Ratio Rank: 55
Omega Ratio Rank
SOCL Calmar Ratio Rank: 66
Calmar Ratio Rank
SOCL Martin Ratio Rank: 66
Martin Ratio Rank
QYLD
QYLD Risk / Return Rank: 9090
Overall Rank
QYLD Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
QYLD Sortino Ratio Rank: 8787
Sortino Ratio Rank
QYLD Omega Ratio Rank: 9191
Omega Ratio Rank
QYLD Calmar Ratio Rank: 9292
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.

SOCL vs. QYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Social Media ETF (SOCL) 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.

SOCLQYLDDifference
Sharpe ratioReturn per unit of total volatility
-0.53
2.22

-2.75

Sortino ratioReturn per unit of downside risk
-0.61
3.12

-3.73

Omega ratioGain probability vs. loss probability

0.93

1.47

-0.54

Calmar ratioReturn relative to maximum drawdown

-0.39

4.73

-5.12

Martin ratioReturn relative to average drawdown

-0.72

24.61

-25.32

SOCL vs. QYLD - Sharpe Ratio Comparison

The current SOCL Sharpe Ratio is -0.53, which is lower than the QYLD Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of SOCL 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

SOCL vs. QYLD - Drawdown Comparison

The maximum SOCL drawdown since its inception was -68.70%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for SOCL and QYLD.

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Drawdown Indicators

SOCLQYLDDifference

Max Drawdown

Largest peak-to-trough decline

-68.70%

-24.75%

-43.95%

Max Drawdown (1Y)

Largest decline over 1 year

-33.52%

-4.97%

-28.55%

Max Drawdown (3Y)

Largest decline over 3 years

-33.52%

-19.06%

-14.46%

Max Drawdown (5Y)

Largest decline over 5 years

-65.10%

-24.61%

-40.49%

Max Drawdown (10Y)

Largest decline over 10 years

-68.70%

-24.75%

-43.95%

Current Drawdown

Current decline from peak

-39.63%

-0.49%

-39.14%

Average Drawdown

Average peak-to-trough decline

-22.09%

-3.81%

-18.28%

Ulcer Index

Depth and duration of drawdowns from previous peaks

18.09%

0.95%

+17.14%

Volatility

SOCL vs. QYLD - Volatility Comparison

Global X Social Media ETF (SOCL) has a higher volatility of 8.31% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 5.57%. This indicates that SOCL'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

SOCLQYLDDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.31%

5.57%

+2.74%

Volatility (6M)

Calculated over the trailing 6-month period

19.64%

9.45%

+10.19%

Volatility (1Y)

Calculated over the trailing 1-year period

24.46%

10.61%

+13.85%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.90%

14.97%

+14.93%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.62%

15.59%

+12.03%

SOCL vs. QYLD - Expense Ratio Comparison

SOCL has a 0.65% expense ratio, which is higher than QYLD's 0.60% expense ratio.

Dividends

SOCL vs. QYLD - Dividend Comparison

SOCL's dividend yield for the trailing twelve months is around 0.47%, less than QYLD's 11.42% yield.

PositionTTM20252024202320222021202020192018201720162015
QYLD
Global X NASDAQ 100 Covered Call ETF		11.42%11.55%12.50%11.78%13.75%12.85%11.16%9.84%12.44%7.69%9.15%9.42%
SOCL
Global X Social Media ETF		0.47%0.43%0.25%0.61%0.39%0.00%0.00%0.00%0.00%1.49%0.18%0.01%

Frequently Asked Questions

SOCL and QYLD have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SOCL has higher volatility (8.31%) compared to QYLD (5.57%). In terms of maximum drawdown, SOCL dropped -68.70% vs QYLD's -24.75%.

On 10-year performance, QYLD leads with 9.99% vs 8.40% for SOCL. On fees, QYLD is cheaper at 0.60% per year. On volatility, QYLD has been the lower-risk option at 5.57%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, QYLD has performed better with a 9.99% return vs 8.40%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

QYLD is cheaper with a 0.60% expense ratio, compared with 0.65% for SOCL.

QYLD has the higher dividend yield at 11.42%, compared with 0.47% for SOCL.

SOCL is categorized as Large Cap Growth Equities, while QYLD is Nasdaq-100. SOCL tracks Solactive Social Media Index, while QYLD tracks CBOE NASDAQ-100 Buy Write V2. Their fees differ too: 0.65% for SOCL and 0.60% for QYLD.

QYLD currently has the higher Sharpe Ratio (2.22 vs -0.53), 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.

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