WINC.AS vs. QYLP.L

Last updated Apr 1, 2026

Compare and contrast key facts about iShares World Equity High Income UCITS ETF USD Inc (WINC.AS) and Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP (QYLP.L).

WINC.AS and QYLP.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WINC.AS is an actively managed fund by iShares. It was launched on Mar 26, 2024. QYLP.L is a passively managed fund by Global X that tracks the performance of the Cboe Nasdaq-100 BuyWrite Index. It was launched on Nov 22, 2022.

Performance

WINC.AS vs. QYLP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares World Equity High Income UCITS ETF USD Inc (WINC.AS) and Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP (QYLP.L). The values are adjusted to include any dividend payments, if applicable.

WINC.AS vs. QYLP.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024
WINC.AS iShares World Equity High Income UCITS ETF USD Inc	-2.66%	21.56%	8.92%
QYLP.L Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP	-3.18%	2.73%	13.83%

Different Trading Currencies

WINC.AS is traded in USD, while QYLP.L is traded in GBP. To make them comparable, the QYLP.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, WINC.AS achieves a -2.66% return, which is significantly higher than QYLP.L's -3.18% return.

WINC.AS

• 1D: 0.69%
• 1M: -5.84%
• YTD: -2.66%
• 6M: 1.96%
• 1Y: 19.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QYLP.L

• 1D: 0.90%
• 1M: -3.02%
• YTD: -3.18%
• 6M: 3.54%
• 1Y: 8.17%
• 3Y*: 8.54%
• 5Y*: —
• 10Y*: —

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

WINC.AS vs. QYLP.L - Expense Ratio Comparison

WINC.AS has a 0.35% expense ratio, which is lower than QYLP.L's 0.45% expense ratio.

QYLP.L

Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP

WINC.AS

iShares World Equity High Income UCITS ETF USD Inc

Return for Risk

WINC.AS vs. QYLP.L — Risk / Return Rank

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

WINC.AS

WINC.AS Risk / Return Rank: 77
WINC.AS Sharpe Ratio Rank: 78
WINC.AS Sortino Ratio Rank: 78
WINC.AS Omega Ratio Rank: 79
WINC.AS Calmar Ratio Rank: 70
WINC.AS Martin Ratio Rank: 83

QYLP.L

QYLP.L Risk / Return Rank: 25
QYLP.L Sharpe Ratio Rank: 26
QYLP.L Sortino Ratio Rank: 25
QYLP.L Omega Ratio Rank: 27
QYLP.L Calmar Ratio Rank: 25
QYLP.L Martin Ratio Rank: 23

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.

WINC.AS vs. QYLP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares World Equity High Income UCITS ETF USD Inc (WINC.AS) and Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP (QYLP.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.

	WINC.AS	QYLP.L	Difference
Sharpe ratio Return per unit of total volatility	1.39	0.57	+0.82
Sortino ratio Return per unit of downside risk	1.94	0.90	+1.04
Omega ratio Gain probability vs. loss probability	1.29	1.14	+0.14
Calmar ratio Return relative to maximum drawdown	1.70	0.64	+1.06
Martin ratio Return relative to average drawdown	8.88	3.38	+5.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WINC.AS vs. QYLP.L - Sharpe Ratio Comparison

The current WINC.AS Sharpe Ratio is 1.39, which is higher than the QYLP.L Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of WINC.AS and QYLP.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	WINC.AS	QYLP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.39	0.57	+0.82
Sharpe Ratio (All Time) Calculated using the full available price history	1.20	0.86	+0.35

Correlation

The correlation between WINC.AS and QYLP.L is 0.49, 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

WINC.AS vs. QYLP.L - Dividend Comparison

WINC.AS's dividend yield for the trailing twelve months is around 9.72%, more than QYLP.L's 8.06% yield.

	TTM	2025	2024	2023
WINC.AS iShares World Equity High Income UCITS ETF USD Inc	9.72%	9.38%	4.88%	0.00%
QYLP.L Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP	8.06%	8.93%	8.31%	9.56%

Drawdowns

WINC.AS vs. QYLP.L - Drawdown Comparison

The maximum WINC.AS drawdown since its inception was -14.81%, smaller than the maximum QYLP.L drawdown of -20.02%. Use the drawdown chart below to compare losses from any high point for WINC.AS and QYLP.L.

Drawdown Indicators

	WINC.AS	QYLP.L	Difference
Max Drawdown Largest peak-to-trough decline	-14.81%	-22.40%	+7.59%
Max Drawdown (1Y) Largest decline over 1 year	-10.81%	-9.45%	-1.36%
Current Drawdown Current decline from peak	-6.13%	-10.30%	+4.17%
Average Drawdown Average peak-to-trough decline	-1.60%	-5.56%	+3.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	3.28%	-1.21%

Volatility

WINC.AS vs. QYLP.L - Volatility Comparison

iShares World Equity High Income UCITS ETF USD Inc (WINC.AS) has a higher volatility of 4.47% compared to Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP (QYLP.L) at 3.44%. This indicates that WINC.AS's price experiences larger fluctuations and is considered to be riskier than QYLP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WINC.AS	QYLP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.47%	3.44%	+1.03%
Volatility (6M) Calculated over the trailing 6-month period	7.48%	7.21%	+0.27%
Volatility (1Y) Calculated over the trailing 1-year period	14.00%	14.39%	-0.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.89%	12.44%	+1.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.89%	12.44%	+1.45%