STRV vs. QYLD

Last updated Jun 4, 2026

STRV (Strive 500 ETF) and QYLD (Global X NASDAQ 100 Covered Call ETF) are both exchange-traded funds - STRV is a Large Cap Growth Equities fund tracking the Bloomberg US Large Cap Index, while QYLD is a Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2. Both are passively managed. Over the past 3 years, STRV returned 22.74%/yr vs 13.80%/yr for QYLD. Their correlation of 0.84 suggests significant overlap in exposure. STRV charges 0.05%/yr vs 0.60%/yr for QYLD.

Performance

STRV vs. QYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strive 500 ETF (STRV) 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, STRV achieves a 10.98% return, which is significantly higher than QYLD's 7.88% return.

STRV

• 1D: -0.67%
• 1M: 5.39%
• YTD: 10.98%
• 6M: 10.91%
• 1Y: 28.16%
• 3Y*: 22.74%
• 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)

STRV vs. QYLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
STRV Strive 500 ETF	10.98%	17.95%	25.13%	27.70%	-1.96%
QYLD Global X NASDAQ 100 Covered Call ETF	7.88%	9.28%	19.35%	22.77%	-0.55%

Correlation

The correlation between STRV and QYLD is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (All Time) Calculated using the full available price history since Sep 16, 2022	0.84

The correlation between STRV and QYLD has been stable across timeframes, ranging from 0.83 to 0.84 - a consistent structural relationship.

STRV vs. QYLD - Sectors Allocation Comparison

Sectors	STRV	QYLD
Technology	38.6%	53.8%
Communication Services	11.1%	15.8%
Financial Services	10.8%	0.2%
Consumer Cyclical	10.0%	12.3%
Healthcare	8.5%	4.2%
Industrials	7.9%	2.8%
Consumer Defensive	4.5%	7.7%
Energy	3.2%	0.6%
Utilities	2.0%	1.4%
Basic Materials	1.7%	1.1%
Real Estate	1.7%	0.1%

Return for Risk

STRV vs. QYLD — Risk / Return Rank

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

STRV

STRV Risk / Return Rank: 67
STRV Sharpe Ratio Rank: 68
STRV Sortino Ratio Rank: 68
STRV Omega Ratio Rank: 65
STRV Calmar Ratio Rank: 61
STRV Martin Ratio Rank: 73

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.

STRV vs. QYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strive 500 ETF (STRV) 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.

	STRV	QYLD	Difference
Sharpe ratio: Return per unit of total volatility	2.28	2.80	-0.52
Sortino ratio: Return per unit of downside risk	3.17	3.92	-0.75
Omega ratio: Gain probability vs. loss probability	1.40	1.63	-0.23
Calmar ratio: Return relative to maximum drawdown	3.04	4.84	-1.79
Martin ratio: Return relative to average drawdown	13.78	28.36	-14.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

STRV vs. QYLD - Sharpe Ratio Comparison

The current STRV Sharpe Ratio is 2.28, which is comparable to the QYLD Sharpe Ratio of 2.80. The chart below compares the historical Sharpe Ratios of STRV 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.

Sharpe Ratios by Period

	STRV	QYLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.28	2.80	-0.52
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	1.33	0.59	+0.74

Drawdowns

STRV vs. QYLD - Drawdown Comparison

The maximum STRV drawdown since its inception was -19.00%, smaller than the maximum QYLD drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for STRV and QYLD.

Drawdown Indicators

	STRV	QYLD	Difference
Max Drawdown Largest peak-to-trough decline	-19.00%	-24.75%	+5.75%
Max Drawdown (1Y) Largest decline over 1 year	-9.29%	-4.97%	-4.32%
Max Drawdown (3Y) Largest decline over 3 years	-19.00%	-19.06%	+0.06%
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	-0.67%	-0.06%	-0.61%
Average Drawdown Average peak-to-trough decline	-2.26%	-3.84%	+1.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.05%	0.85%	+1.20%

Volatility

STRV vs. QYLD - Volatility Comparison

Strive 500 ETF (STRV) has a higher volatility of 2.79% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 1.85%. This indicates that STRV'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

	STRV	QYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.79%	1.85%	+0.94%
Volatility (6M) Calculated over the trailing 6-month period	9.31%	7.12%	+2.19%
Volatility (1Y) Calculated over the trailing 1-year period	12.42%	8.58%	+3.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.10%	14.70%	+1.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.10%	15.49%	+0.61%

STRV vs. QYLD - Expense Ratio Comparison

STRV has a 0.05% expense ratio, which is lower than QYLD's 0.60% expense ratio.

Dividends

STRV vs. QYLD - Dividend Comparison

STRV's dividend yield for the trailing twelve months is around 1.02%, 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%
STRV Strive 500 ETF	1.02%	1.05%	1.13%	1.21%	0.37%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both STRV and QYLD in my portfolio?

STRV and QYLD have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STRV or QYLD?

STRV has higher volatility (2.79%) compared to QYLD (1.85%). In terms of maximum drawdown, STRV dropped -19.00% vs QYLD's -24.75%.

Which ETF is better, STRV or QYLD?

On 3-year performance, STRV leads with 22.74% vs 13.80% for QYLD. On fees, STRV is cheaper at 0.05% per year. On volatility, QYLD has been the lower-risk option at 1.85%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, STRV or QYLD?

Over the 3-year period, STRV has performed better with a 22.74% return vs 13.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, STRV or QYLD?

STRV is cheaper with a 0.05% expense ratio, compared with 0.60% for QYLD.

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

QYLD has the higher dividend yield at 11.46%, compared with 1.02% for STRV.

What is the main difference between STRV and QYLD?

STRV is categorized as Large Cap Growth Equities, while QYLD is Nasdaq-100. STRV tracks Bloomberg US Large Cap Index, while QYLD tracks CBOE NASDAQ-100 Buy Write V2. They also come from different issuers: Strive and Global X. Their fees differ too: 0.05% for STRV and 0.60% for QYLD.

Which has better risk-adjusted returns?

QYLD currently has the higher Sharpe Ratio (2.80 vs 2.28), 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.