TLTI.L vs. QYLU.L
TLTI.L (IncomeShares 20+ Year Treasury (TLT) Options ETP) and QYLU.L (Global X Nasdaq 100 Covered Call UCITS ETF USD (Acc)) are both exchange-traded funds - TLTI.L is a Derivative Income fund actively managed by Leverage Shares, while QYLU.L is a Nasdaq-100 fund tracking the Cboe Nasdaq-100 BuyWrite v2 UCITS Index. TLTI.L is actively managed, while QYLU.L is passively managed. Over the past year, TLTI.L returned 1.07% vs 16.53% for QYLU.L. At a 0.03 correlation, their price movements are largely independent. TLTI.L charges 0.55%/yr vs 0.45%/yr for QYLU.L.
Performance
TLTI.L vs. QYLU.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TLTI.L achieves a -1.11% return, which is significantly lower than QYLU.L's 4.87% return.
TLTI.L
- 1D
- -0.46%
- 1M
- -2.42%
- 6M
- -2.18%
- YTD
- -1.11%
- 1Y
- 1.07%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QYLU.L
- 1D
- -2.37%
- 1M
- -2.67%
- 6M
- 3.99%
- YTD
- 4.87%
- 1Y
- 16.53%
- 3Y*
- 11.41%
- 5Y*
- —
- 10Y*
- —
TLTI.L vs. QYLU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TLTI.L IncomeShares 20+ Year Treasury (TLT) Options ETP | -1.11% | 9,999.74% |
QYLU.L Global X Nasdaq 100 Covered Call UCITS ETF USD (Acc) | 4.87% | 11.11% |
Correlation
The correlation between TLTI.L and QYLU.L is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2025 | 0.03 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TLTI.L vs. QYLU.L — Risk / Return Rank
TLTI.L
QYLU.L
TLTI.L vs. QYLU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IncomeShares 20+ Year Treasury (TLT) Options ETP (TLTI.L) and Global X Nasdaq 100 Covered Call UCITS ETF USD (Acc) (QYLU.L). 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.
| TLTI.L | QYLU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.18 | ||
| Sortino ratioReturn per unit of downside risk | -1.39 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.23 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.08 | 3.31 | -3.23 |
| Martin ratioReturn relative to average drawdown | 0.11 | 11.23 | -11.12 |
Loading charts...
Drawdowns
TLTI.L vs. QYLU.L - Drawdown Comparison
The maximum TLTI.L drawdown since its inception was -30.03%, which is greater than QYLU.L's maximum drawdown of -19.93%. Use the drawdown chart below to compare losses from any high point for TLTI.L and QYLU.L.
Loading charts...
Drawdown Indicators
| TLTI.L | QYLU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.03% | -19.93% | -10.10% |
Max Drawdown (1Y)Largest decline over 1 year | -30.03% | -4.97% | -25.06% |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.93% | — |
Current DrawdownCurrent decline from peak | -28.96% | -3.70% | -25.26% |
Average DrawdownAverage peak-to-trough decline | -19.51% | -2.43% | -17.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.24% | 1.47% | +21.77% |
Volatility
TLTI.L vs. QYLU.L - Volatility Comparison
The current volatility for IncomeShares 20+ Year Treasury (TLT) Options ETP (TLTI.L) is 3.39%, while Global X Nasdaq 100 Covered Call UCITS ETF USD (Acc) (QYLU.L) has a volatility of 5.42%. This indicates that TLTI.L experiences smaller price fluctuations and is considered to be less risky than QYLU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TLTI.L | QYLU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.39% | 5.42% | -2.03% |
Volatility (6M)Calculated over the trailing 6-month period | 7.01% | 9.59% | -2.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.10% | 13.32% | +28.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9,800.84% | 15.65% | +9,785.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9,800.84% | 15.65% | +9,785.19% |
TLTI.L vs. QYLU.L - Expense Ratio Comparison
TLTI.L has a 0.55% expense ratio, which is higher than QYLU.L's 0.45% expense ratio.
Dividends
TLTI.L vs. QYLU.L - Dividend Comparison
TLTI.L's dividend yield for the trailing twelve months is around 10.39%, while QYLU.L has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
QYLU.L Global X Nasdaq 100 Covered Call UCITS ETF USD (Acc) | 0.00% | 0.00% |
TLTI.L IncomeShares 20+ Year Treasury (TLT) Options ETP | 10.39% | 2.73% |
Frequently Asked Questions
TLTI.L and QYLU.L have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QYLU.L is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QYLU.L is cheaper with a 0.45% expense ratio, compared with 0.55% for TLTI.L.
TLTI.L is categorized as Derivative Income, while QYLU.L is Nasdaq-100. They also come from different issuers: Leverage Shares and Global X. Their fees differ too: 0.55% for TLTI.L and 0.45% for QYLU.L.
Find the right allocation for TLTI.L and QYLU.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer