XRMI vs. QYLE

Last updated Apr 1, 2026

Compare and contrast key facts about Global X S&P 500 Risk Managed Income ETF (XRMI) and Global X NASDAQ 100 ESG Covered Call ETF (QYLE).

XRMI and QYLE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XRMI is a passively managed fund by Global X that tracks the performance of the Cboe S&P 500 Risk Managed Income Index. It was launched on Aug 25, 2021. 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. Both XRMI and QYLE 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

XRMI vs. QYLE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X S&P 500 Risk Managed Income ETF (XRMI) and Global X NASDAQ 100 ESG Covered Call ETF (QYLE). The values are adjusted to include any dividend payments, if applicable.

XRMI vs. QYLE - Yearly Performance Comparison

	2026 (YTD)
XRMI Global X S&P 500 Risk Managed Income ETF	-3.57%
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%

Returns By Period

XRMI

• 1D: 0.81%
• 1M: -4.04%
• YTD: -2.52%
• 6M: 1.58%
• 1Y: 3.59%
• 3Y*: 6.04%
• 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)

XRMI vs. QYLE - Expense Ratio Comparison

XRMI has a 0.60% expense ratio, which is lower than QYLE's 0.61% expense ratio.

QYLE

Global X NASDAQ 100 ESG Covered Call ETF

XRMI

Global X S&P 500 Risk Managed Income ETF

Return for Risk

XRMI vs. QYLE — Risk / Return Rank

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

XRMI

XRMI Risk / Return Rank: 30
XRMI Sharpe Ratio Rank: 30
XRMI Sortino Ratio Rank: 27
XRMI Omega Ratio Rank: 28
XRMI Calmar Ratio Rank: 33
XRMI Martin Ratio Rank: 33

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.

XRMI vs. QYLE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X S&P 500 Risk Managed Income ETF (XRMI) 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.

	XRMI	QYLE	Difference
Sharpe ratio Return per unit of total volatility	0.52	—	—
Sortino ratio Return per unit of downside risk	0.76	—	—
Omega ratio Gain probability vs. loss probability	1.11	—	—
Calmar ratio Return relative to maximum drawdown	0.79	—	—
Martin ratio Return relative to average drawdown	2.73	—	—
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

	XRMI	QYLE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.52	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	—	—

Dividends

XRMI vs. QYLE - Dividend Comparison

XRMI's dividend yield for the trailing twelve months is around 12.83%, while QYLE has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021
XRMI Global X S&P 500 Risk Managed Income ETF	12.83%	12.35%	11.86%	12.62%	12.84%	2.93%
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

XRMI vs. QYLE - Drawdown Comparison

The maximum XRMI drawdown since its inception was -15.31%, which is greater than QYLE's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for XRMI and QYLE.

Drawdown Indicators

	XRMI	QYLE	Difference
Max Drawdown Largest peak-to-trough decline	-15.31%	0.00%	-15.31%
Max Drawdown (1Y) Largest decline over 1 year	-5.02%	—	—
Current Drawdown Current decline from peak	-4.25%	0.00%	-4.25%
Average Drawdown Average peak-to-trough decline	-6.10%	0.00%	-6.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.45%	—	—

Volatility

Volatility by Period

	XRMI	QYLE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.62%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.50%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	6.88%	0.00%	+6.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.99%	0.00%	+6.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.99%	0.00%	+6.99%