PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
UDVD.L vs. QYLD
Performance
Return for Risk
Drawdowns
Volatility
Dividends

UDVD.L vs. QYLD

Last updated Jun 10, 2026

UDVD.L (SPDR S&P US Dividend Aristocrats UCITS ETF Dis) and QYLD (Global X NASDAQ 100 Covered Call ETF) are both exchange-traded funds - UDVD.L is a Large Cap Blend Equities fund tracking the S&P High Yield Dividend Aristocrats Index, while QYLD is a Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2. Both are passively managed. Over the past 10 years, UDVD.L returned 8.80%/yr vs 9.69%/yr for QYLD. At a 0.28 correlation, their price movements are largely independent. UDVD.L charges 0.35%/yr vs 0.60%/yr for QYLD.

Performance

UDVD.L vs. QYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P US Dividend Aristocrats UCITS ETF Dis (UDVD.L) and Global X NASDAQ 100 Covered Call ETF (QYLD). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, UDVD.L achieves a 7.37% return, which is significantly higher than QYLD's 6.22% return. Over the past 10 years, UDVD.L has underperformed QYLD with an annualized return of 8.80%, while QYLD has yielded a comparatively higher 9.69% annualized return.

UDVD.L

1D
0.28%
1M
0.99%
YTD
7.37%
6M
8.92%
1Y
13.12%
3Y*
9.29%
5Y*
5.73%
10Y*
8.80%

QYLD

1D
-0.78%
1M
-0.55%
YTD
6.22%
6M
8.09%
1Y
21.28%
3Y*
13.13%
5Y*
8.03%
10Y*
9.69%
*Multi-year figures are annualized to reflect compound growth (CAGR)

UDVD.L vs. QYLD - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
UDVD.L
SPDR S&P US Dividend Aristocrats UCITS ETF Dis		7.37%8.57%7.64%2.06%-0.33%25.05%0.77%22.65%-3.94%15.73%
QYLD
Global X NASDAQ 100 Covered Call ETF		6.22%9.28%19.35%22.77%-19.08%10.41%8.72%22.69%-3.07%18.79%

Correlation

The correlation between UDVD.L and QYLD is 0.09, 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

0.09

Correlation (3Y)
Calculated over the trailing 3-year period

0.12

Correlation (5Y)
Calculated over the trailing 5-year period

0.22

Correlation (10Y)
Calculated over the trailing 10-year period

0.24

Correlation (All Time)
Calculated using the full available price history since Dec 12, 2013

0.28

The correlation between UDVD.L and QYLD shifts across timeframes, from 0.09 (1 year) to 0.28 (all time), reflecting how their relationship changes across market environments.

UDVD.L vs. QYLD - Sectors Allocation Comparison

Sectors
UDVD.L
QYLD

Industrials

17.5%
2.8%

Consumer Defensive

17.0%
7.7%

Utilities

14.8%
1.4%

Financial Services

11.5%
0.2%

Technology

8.9%
53.8%

Basic Materials

6.4%
1.1%

Healthcare

6.2%
4.2%

Consumer Cyclical

5.2%
12.3%

Real Estate

4.6%
0.1%

Energy

4.5%
0.6%

Communication Services

3.5%
15.8%

Industrials

UDVD.L
17.5%
QYLD
2.8%

Consumer Defensive

UDVD.L
17.0%
QYLD
7.7%

Utilities

UDVD.L
14.8%
QYLD
1.4%

Financial Services

UDVD.L
11.5%
QYLD
0.2%

Technology

UDVD.L
8.9%
QYLD
53.8%

Basic Materials

UDVD.L
6.4%
QYLD
1.1%

Healthcare

UDVD.L
6.2%
QYLD
4.2%

Consumer Cyclical

UDVD.L
5.2%
QYLD
12.3%

Real Estate

UDVD.L
4.6%
QYLD
0.1%

Energy

UDVD.L
4.5%
QYLD
0.6%

Communication Services

UDVD.L
3.5%
QYLD
15.8%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

SPDR S&P US Dividend Aristocrats UCITS ETF Dis

Global X NASDAQ 100 Covered Call ETF

Often compared with UDVD.L:
UDVD.L vs. SCHDUDVD.L vs. USDV.LUDVD.L vs. VHYD.LUDVD.L vs. VWRD.LUDVD.L vs. WQDV.LUDVD.L vs. JEPQUDVD.L vs. DGRO
Often compared with QYLD:
QYLD vs. JEPQQYLD vs. JEPIQYLD vs. QQQQYLD vs. XYLDQYLD vs. RYLDQYLD vs. SCHDQYLD vs. QYLG

Return for Risk

UDVD.L vs. QYLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
UDVD.L
UDVD.L Risk / Return Rank: 4040
Overall Rank
UDVD.L Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
UDVD.L Sortino Ratio Rank: 4444
Sortino Ratio Rank
UDVD.L Omega Ratio Rank: 3939
Omega Ratio Rank
UDVD.L Calmar Ratio Rank: 4242
Calmar Ratio Rank
UDVD.L Martin Ratio Rank: 3434
Martin Ratio Rank
QYLD
QYLD Risk / Return Rank: 8888
Overall Rank
QYLD Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
QYLD Sortino Ratio Rank: 8484
Sortino Ratio Rank
QYLD Omega Ratio Rank: 9191
Omega Ratio Rank
QYLD Calmar Ratio Rank: 8686
Calmar Ratio Rank
QYLD Martin Ratio Rank: 9494
Martin Ratio Rank
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.

UDVD.L vs. QYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P US Dividend Aristocrats UCITS ETF Dis (UDVD.L) 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.

UDVD.LQYLDDifference
Sharpe ratioReturn per unit of total volatility
1.32
2.41

-1.10

Sortino ratioReturn per unit of downside risk
1.99
3.34

-1.35

Omega ratioGain probability vs. loss probability

1.23

1.53

-0.30

Calmar ratioReturn relative to maximum drawdown

1.85

4.30

-2.45

Martin ratioReturn relative to average drawdown

4.67

24.77

-20.09

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UDVD.L vs. QYLD - Sharpe Ratio Comparison

The current UDVD.L Sharpe Ratio is 1.32, which is lower than the QYLD Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of UDVD.L 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.

Loading charts...

Sharpe Ratios by Period

UDVD.LQYLDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.32

2.41

-1.10

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.41

0.55

-0.14

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.56

0.63

-0.07

Sharpe Ratio (All Time)

Calculated using the full available price history

0.72

0.58

+0.14

Drawdowns

UDVD.L vs. QYLD - Drawdown Comparison

The maximum UDVD.L drawdown since its inception was -36.12%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for UDVD.L and QYLD.

Loading charts...

Drawdown Indicators

UDVD.LQYLDDifference

Max Drawdown

Largest peak-to-trough decline

-36.12%

-24.75%

-11.37%

Max Drawdown (1Y)

Largest decline over 1 year

-7.06%

-4.97%

-2.09%

Max Drawdown (3Y)

Largest decline over 3 years

-15.26%

-19.06%

+3.80%

Max Drawdown (5Y)

Largest decline over 5 years

-15.26%

-24.61%

+9.35%

Max Drawdown (10Y)

Largest decline over 10 years

-36.12%

-24.75%

-11.37%

Current Drawdown

Current decline from peak

-3.27%

-1.60%

-1.67%

Average Drawdown

Average peak-to-trough decline

-3.43%

-3.83%

+0.40%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.80%

0.86%

+1.94%

Volatility

UDVD.L vs. QYLD - Volatility Comparison

The current volatility for SPDR S&P US Dividend Aristocrats UCITS ETF Dis (UDVD.L) is 2.62%, while Global X NASDAQ 100 Covered Call ETF (QYLD) has a volatility of 2.96%. This indicates that UDVD.L experiences smaller price fluctuations and is considered to be less risky than QYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

UDVD.LQYLDDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.62%

2.96%

-0.34%

Volatility (6M)

Calculated over the trailing 6-month period

7.00%

7.49%

-0.49%

Volatility (1Y)

Calculated over the trailing 1-year period

9.93%

8.86%

+1.07%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.93%

14.73%

-0.80%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.70%

15.51%

+0.19%

UDVD.L vs. QYLD - Expense Ratio Comparison

UDVD.L has a 0.35% expense ratio, which is lower than QYLD's 0.60% expense ratio.

Dividends

UDVD.L vs. QYLD - Dividend Comparison

UDVD.L's dividend yield for the trailing twelve months is around 2.04%, less than QYLD's 11.64% yield.

PositionTTM20252024202320222021202020192018201720162015
QYLD
Global X NASDAQ 100 Covered Call ETF		11.64%11.55%12.50%11.78%13.75%12.85%11.16%9.84%12.44%7.69%9.15%9.42%
UDVD.L
SPDR S&P US Dividend Aristocrats UCITS ETF Dis		2.04%2.17%2.03%2.24%2.13%2.15%2.36%2.01%2.27%1.78%1.83%2.06%

Frequently Asked Questions

UDVD.L and QYLD have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, UDVD.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

UDVD.L is cheaper with a 0.35% expense ratio, compared with 0.60% for QYLD.

UDVD.L is categorized as Large Cap Blend Equities, while QYLD is Nasdaq-100. UDVD.L tracks S&P High Yield Dividend Aristocrats Index, while QYLD tracks CBOE NASDAQ-100 Buy Write V2. They also come from different issuers: State Street and Global X. Their fees differ too: 0.35% for UDVD.L and 0.60% for QYLD.

Portfolio Optimizer

Find the right allocation for UDVD.L and QYLD

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