SPCI vs. QYLD

Last updated Jun 4, 2026

SPCI (Tuttle Capital Space Industry Income Blast ETF) and QYLD (Global X NASDAQ 100 Covered Call ETF) are both exchange-traded funds - SPCI is a Derivative Income fund tracking the Syntax Space Industry Index, while QYLD is a Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2. Both are passively managed. At a 0.49 correlation, their price movements are largely independent. SPCI charges 0.99%/yr vs 0.60%/yr for QYLD.

Performance

SPCI vs. QYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tuttle Capital Space Industry Income Blast ETF (SPCI) and Global X NASDAQ 100 Covered Call ETF (QYLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SPCI

• 1D: -11.48%
• 1M: 28.39%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QYLD

• 1D: -0.06%
• 1M: 1.62%
• YTD: 7.88%
• 6M: 9.97%
• 1Y: 23.93%
• 3Y*: 13.80%
• 5Y*: 8.43%
• 10Y*: 9.80%

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

SPCI vs. QYLD - Yearly Performance Comparison

	2026 (YTD)
SPCI Tuttle Capital Space Industry Income Blast ETF	74.56%
QYLD Global X NASDAQ 100 Covered Call ETF	6.77%

Correlation

The correlation between SPCI and QYLD is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 13, 2026	0.49

Return for Risk

SPCI vs. QYLD — Risk / Return Rank

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

QYLD

QYLD Risk / Return Rank: 88
QYLD Sharpe Ratio Rank: 84
QYLD Sortino Ratio Rank: 85
QYLD Omega Ratio Rank: 92
QYLD Calmar Ratio Rank: 86
QYLD Martin Ratio Rank: 94

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.

SPCI vs. QYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tuttle Capital Space Industry Income Blast ETF (SPCI) 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.

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

Sharpe Ratios by Period

	SPCI	QYLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.80	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.58	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.63	—
Sharpe Ratio (All Time) Calculated using the full available price history	11.33	0.59	+10.74

Drawdowns

SPCI vs. QYLD - Drawdown Comparison

The maximum SPCI drawdown since its inception was -21.33%, smaller than the maximum QYLD drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for SPCI and QYLD.

Drawdown Indicators

	SPCI	QYLD	Difference
Max Drawdown Largest peak-to-trough decline	-21.33%	-24.75%	+3.42%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.97%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.06%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.61%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-24.75%	—
Current Drawdown Current decline from peak	-21.33%	-0.06%	-21.27%
Average Drawdown Average peak-to-trough decline	-5.00%	-3.84%	-1.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.85%	—

Volatility

Volatility by Period

	SPCI	QYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.85%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.12%	—
Volatility (1Y) Calculated over the trailing 1-year period	95.59%	8.58%	+87.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	95.59%	14.70%	+80.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	95.59%	15.49%	+80.10%

SPCI vs. QYLD - Expense Ratio Comparison

SPCI has a 0.99% expense ratio, which is higher than QYLD's 0.60% expense ratio.

Dividends

SPCI vs. QYLD - Dividend Comparison

SPCI's dividend yield for the trailing twelve months is around 5.12%, less than QYLD's 11.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QYLD Global X NASDAQ 100 Covered Call ETF	11.46%	11.55%	12.50%	11.78%	13.75%	12.85%	11.16%	9.84%	12.44%	7.69%	9.15%	9.42%
SPCI Tuttle Capital Space Industry Income Blast ETF	5.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SPCI and QYLD in my portfolio?

SPCI and QYLD have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SPCI or QYLD?

On fees, QYLD is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SPCI or QYLD?

QYLD is cheaper with a 0.60% expense ratio, compared with 0.99% for SPCI.

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

QYLD has the higher dividend yield at 11.46%, compared with 5.12% for SPCI.

What is the main difference between SPCI and QYLD?

SPCI is categorized as Derivative Income, while QYLD is Nasdaq-100. SPCI tracks Syntax Space Industry Index, while QYLD tracks CBOE NASDAQ-100 Buy Write V2. They also come from different issuers: Tuttle and Global X. Their fees differ too: 0.99% for SPCI and 0.60% for QYLD.