TCAL vs. QYLE

Last updated Apr 2, 2026

Compare and contrast key facts about T. Rowe Price Capital Appreciation Premium Income ETF (TCAL) and Global X NASDAQ 100 ESG Covered Call ETF (QYLE).

TCAL and QYLE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TCAL is an actively managed fund by T. Rowe Price. It was launched on Mar 26, 2025. QYLE is a passively managed fund by Global X that tracks the performance of the Nasdaq-100 ESG BuyWrite Index - Benchmark TR Gross. It was launched on Feb 21, 2023.

Performance

TCAL vs. QYLE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Capital Appreciation Premium Income ETF (TCAL) and Global X NASDAQ 100 ESG Covered Call ETF (QYLE). The values are adjusted to include any dividend payments, if applicable.

TCAL vs. QYLE - Yearly Performance Comparison

	2026 (YTD)
TCAL T. Rowe Price Capital Appreciation Premium Income ETF	-4.82%
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%

Returns By Period

TCAL

• 1D: 0.27%
• 1M: -5.27%
• YTD: -2.21%
• 6M: -2.91%
• 1Y: -1.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QYLE

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TCAL vs. QYLE - Expense Ratio Comparison

TCAL has a 0.34% expense ratio, which is lower than QYLE's 0.61% expense ratio.

QYLE

Global X NASDAQ 100 ESG Covered Call ETF

TCAL

T. Rowe Price Capital Appreciation Premium Income ETF

Return for Risk

TCAL vs. QYLE — Risk / Return Rank

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

TCAL

TCAL Risk / Return Rank: 9
TCAL Sharpe Ratio Rank: 10
TCAL Sortino Ratio Rank: 9
TCAL Omega Ratio Rank: 9
TCAL Calmar Ratio Rank: 9
TCAL Martin Ratio Rank: 8

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.

TCAL vs. QYLE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Capital Appreciation Premium Income ETF (TCAL) and Global X NASDAQ 100 ESG Covered Call ETF (QYLE). 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.

	TCAL	QYLE	Difference
Sharpe ratio Return per unit of total volatility	-0.09	—	—
Sortino ratio Return per unit of downside risk	-0.05	—	—
Omega ratio Gain probability vs. loss probability	0.99	—	—
Calmar ratio Return relative to maximum drawdown	-0.15	—	—
Martin ratio Return relative to average drawdown	-0.52	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	TCAL	QYLE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.09	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.06	—	—

Dividends

TCAL vs. QYLE - Dividend Comparison

TCAL's dividend yield for the trailing twelve months is around 11.70%, while QYLE has not paid dividends to shareholders.

	TTM	2025
TCAL T. Rowe Price Capital Appreciation Premium Income ETF	11.70%	8.34%
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%	0.00%

Drawdowns

TCAL vs. QYLE - Drawdown Comparison

The maximum TCAL drawdown since its inception was -7.24%, which is greater than QYLE's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for TCAL and QYLE.

Drawdown Indicators

	TCAL	QYLE	Difference
Max Drawdown Largest peak-to-trough decline	-7.24%	0.00%	-7.24%
Max Drawdown (1Y) Largest decline over 1 year	-7.24%	—	—
Current Drawdown Current decline from peak	-5.27%	0.00%	-5.27%
Average Drawdown Average peak-to-trough decline	-1.61%	0.00%	-1.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.16%	—	—

Volatility

Volatility by Period

	TCAL	QYLE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.39%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.60%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.67%	0.00%	+11.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.66%	0.00%	+11.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.66%	0.00%	+11.66%