SY7D.DE vs. UIQ4.DE

Last updated Apr 2, 2026

Compare and contrast key facts about Global X Euro Stoxx 50 Covered Call UCITS ETF EUR Distributing (SY7D.DE) and UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc (UIQ4.DE).

SY7D.DE and UIQ4.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SY7D.DE is a passively managed fund by Global X that tracks the performance of the EURO STOXX 50 Covered Call ATM Index. It was launched on May 6, 2025. UIQ4.DE is a passively managed fund by UBS that tracks the performance of the Euro Equity Defensive Put Write Index. It was launched on Jun 27, 2016. Both SY7D.DE and UIQ4.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

SY7D.DE vs. UIQ4.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Global X Euro Stoxx 50 Covered Call UCITS ETF EUR Distributing (SY7D.DE) and UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc (UIQ4.DE). The values are adjusted to include any dividend payments, if applicable.

SY7D.DE vs. UIQ4.DE - Yearly Performance Comparison

	2026 (YTD)	2025
SY7D.DE Global X Euro Stoxx 50 Covered Call UCITS ETF EUR Distributing	-2.55%	7.40%
UIQ4.DE UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc	0.12%	6.38%

Returns By Period

In the year-to-date period, SY7D.DE achieves a -2.55% return, which is significantly lower than UIQ4.DE's 0.12% return.

SY7D.DE

• 1D: 1.59%
• 1M: -4.02%
• YTD: -2.55%
• 6M: 2.24%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

UIQ4.DE

• 1D: 1.19%
• 1M: -0.67%
• YTD: 0.12%
• 6M: 3.05%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SY7D.DE vs. UIQ4.DE - Expense Ratio Comparison

SY7D.DE has a 0.45% expense ratio, which is higher than UIQ4.DE's 0.21% expense ratio.

SY7D.DE

Global X Euro Stoxx 50 Covered Call UCITS ETF EUR Distributing

UIQ4.DE

UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc

Return for Risk

SY7D.DE vs. UIQ4.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Euro Stoxx 50 Covered Call UCITS ETF EUR Distributing (SY7D.DE) and UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc (UIQ4.DE). 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

	SY7D.DE	UIQ4.DE	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	1.11	-0.44

Correlation

The correlation between SY7D.DE and UIQ4.DE is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

SY7D.DE vs. UIQ4.DE - Dividend Comparison

SY7D.DE's dividend yield for the trailing twelve months is around 9.09%, while UIQ4.DE has not paid dividends to shareholders.

	TTM	2025
SY7D.DE Global X Euro Stoxx 50 Covered Call UCITS ETF EUR Distributing	9.09%	6.10%
UIQ4.DE UBS Euro Equity Defensive Put Write SF UCITS ETF EUR Acc	0.00%	0.00%

Drawdowns

SY7D.DE vs. UIQ4.DE - Drawdown Comparison

The maximum SY7D.DE drawdown since its inception was -9.48%, which is greater than UIQ4.DE's maximum drawdown of -3.90%. Use the drawdown chart below to compare losses from any high point for SY7D.DE and UIQ4.DE.

Drawdown Indicators

	SY7D.DE	UIQ4.DE	Difference
Max Drawdown Largest peak-to-trough decline	-9.48%	-3.90%	-5.58%
Current Drawdown Current decline from peak	-5.32%	-1.53%	-3.79%
Average Drawdown Average peak-to-trough decline	-1.23%	-0.88%	-0.35%

Volatility

Volatility by Period

	SY7D.DE	UIQ4.DE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	11.14%	7.24%	+3.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.14%	7.24%	+3.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.14%	7.24%	+3.90%