TYLG vs. DAX
Compare and contrast key facts about Global X Information Technology Covered Call & Growth ETF (TYLG) and Global X DAX Germany ETF (DAX).
TYLG and DAX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TYLG is a passively managed fund by Global X that tracks the performance of the Cboe S&P Technology Select Sector Half BuyWrite Index - Benchmark TR Gross. It was launched on Nov 21, 2022. DAX is a passively managed fund by Global X that tracks the performance of the DAX Index. It was launched on Oct 22, 2014. Both TYLG and DAX 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
TYLG vs. DAX - Performance Comparison
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TYLG vs. DAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
TYLG Global X Information Technology Covered Call & Growth ETF | -2.80% | 16.84% | 20.57% | 41.56% | -3.64% |
DAX Global X DAX Germany ETF | -6.25% | 39.00% | 10.55% | 23.62% | -0.89% |
Returns By Period
In the year-to-date period, TYLG achieves a -2.80% return, which is significantly higher than DAX's -6.25% return.
TYLG
- 1D
- 1.21%
- 1M
- -1.28%
- YTD
- -2.80%
- 6M
- 0.53%
- 1Y
- 24.20%
- 3Y*
- 18.19%
- 5Y*
- —
- 10Y*
- —
DAX
- 1D
- 1.45%
- 1M
- -6.35%
- YTD
- -6.25%
- 6M
- -5.30%
- 1Y
- 10.17%
- 3Y*
- 15.81%
- 5Y*
- 7.90%
- 10Y*
- 8.48%
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TYLG vs. DAX - Expense Ratio Comparison
TYLG has a 0.60% expense ratio, which is higher than DAX's 0.20% expense ratio.
Return for Risk
TYLG vs. DAX — Risk / Return Rank
TYLG
DAX
TYLG vs. DAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Information Technology Covered Call & Growth ETF (TYLG) and Global X DAX Germany ETF (DAX). 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.
| TYLG | DAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.04 | 0.51 | +0.53 |
Sortino ratioReturn per unit of downside risk | 1.62 | 0.85 | +0.77 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.11 | +0.14 |
Calmar ratioReturn relative to maximum drawdown | 1.75 | 0.75 | +1.00 |
Martin ratioReturn relative to average drawdown | 7.90 | 2.61 | +5.29 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TYLG | DAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.04 | 0.51 | +0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.39 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.40 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.07 | 0.33 | +0.74 |
Correlation
The correlation between TYLG and DAX is 0.55, 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
TYLG vs. DAX - Dividend Comparison
TYLG's dividend yield for the trailing twelve months is around 9.02%, more than DAX's 1.57% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TYLG Global X Information Technology Covered Call & Growth ETF | 9.02% | 7.66% | 7.24% | 11.89% | 0.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DAX Global X DAX Germany ETF | 1.57% | 1.47% | 2.24% | 2.48% | 2.80% | 2.65% | 2.25% | 2.47% | 3.33% | 1.73% | 1.78% | 1.41% |
Drawdowns
TYLG vs. DAX - Drawdown Comparison
The maximum TYLG drawdown since its inception was -24.01%, smaller than the maximum DAX drawdown of -45.58%. Use the drawdown chart below to compare losses from any high point for TYLG and DAX.
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Drawdown Indicators
| TYLG | DAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.01% | -45.58% | +21.57% |
Max Drawdown (1Y)Largest decline over 1 year | -14.26% | -14.82% | +0.56% |
Max Drawdown (5Y)Largest decline over 5 years | — | -39.96% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.58% | — |
Current DrawdownCurrent decline from peak | -5.50% | -10.00% | +4.50% |
Average DrawdownAverage peak-to-trough decline | -2.84% | -10.58% | +7.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.15% | 4.23% | -1.08% |
Volatility
TYLG vs. DAX - Volatility Comparison
The current volatility for Global X Information Technology Covered Call & Growth ETF (TYLG) is 6.97%, while Global X DAX Germany ETF (DAX) has a volatility of 8.46%. This indicates that TYLG experiences smaller price fluctuations and is considered to be less risky than DAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TYLG | DAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.97% | 8.46% | -1.49% |
Volatility (6M)Calculated over the trailing 6-month period | 12.96% | 12.77% | +0.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.46% | 20.20% | +3.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.34% | 20.20% | -0.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.34% | 21.21% | -1.87% |