XYZY vs. QYLE

Last updated Apr 2, 2026

Compare and contrast key facts about YieldMax XYZ Option Income Strategy ETF (XYZY) and Global X NASDAQ 100 ESG Covered Call ETF (QYLE).

XYZY and QYLE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XYZY is an actively managed fund by YieldMax. It was launched on Oct 10, 2023. 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.

Performance

XYZY vs. QYLE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax XYZ Option Income Strategy ETF (XYZY) and Global X NASDAQ 100 ESG Covered Call ETF (QYLE). The values are adjusted to include any dividend payments, if applicable.

XYZY vs. QYLE - Yearly Performance Comparison

	2026 (YTD)
XYZY YieldMax XYZ Option Income Strategy ETF	2.62%
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%

Returns By Period

XYZY

• 1D: -0.46%
• 1M: -5.98%
• YTD: -11.79%
• 6M: -20.94%
• 1Y: -6.08%
• 3Y*: —
• 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)

XYZY vs. QYLE - Expense Ratio Comparison

XYZY has a 0.99% expense ratio, which is higher than QYLE's 0.61% expense ratio.

XYZY

YieldMax XYZ Option Income Strategy ETF

QYLE

Global X NASDAQ 100 ESG Covered Call ETF

Return for Risk

XYZY vs. QYLE — Risk / Return Rank

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

XYZY

XYZY Risk / Return Rank: 10
XYZY Sharpe Ratio Rank: 9
XYZY Sortino Ratio Rank: 11
XYZY Omega Ratio Rank: 11
XYZY Calmar Ratio Rank: 10
XYZY Martin Ratio Rank: 10

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.

XYZY vs. QYLE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax XYZ Option Income Strategy ETF (XYZY) 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.

	XYZY	QYLE	Difference
Sharpe ratio Return per unit of total volatility	-0.13	—	—
Sortino ratio Return per unit of downside risk	0.12	—	—
Omega ratio Gain probability vs. loss probability	1.02	—	—
Calmar ratio Return relative to maximum drawdown	-0.11	—	—
Martin ratio Return relative to average drawdown	-0.27	—	—
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

	XYZY	QYLE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.13	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	—	—

Dividends

XYZY vs. QYLE - Dividend Comparison

XYZY's dividend yield for the trailing twelve months is around 109.54%, while QYLE has not paid dividends to shareholders.

	TTM	2025	2024	2023
XYZY YieldMax XYZ Option Income Strategy ETF	109.54%	95.35%	62.54%	9.85%
QYLE Global X NASDAQ 100 ESG Covered Call ETF	0.00%	0.00%	0.00%	0.00%

Drawdowns

XYZY vs. QYLE - Drawdown Comparison

The maximum XYZY drawdown since its inception was -52.30%, which is greater than QYLE's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for XYZY and QYLE.

Drawdown Indicators

	XYZY	QYLE	Difference
Max Drawdown Largest peak-to-trough decline	-52.30%	0.00%	-52.30%
Max Drawdown (1Y) Largest decline over 1 year	-37.72%	—	—
Current Drawdown Current decline from peak	-44.61%	0.00%	-44.61%
Average Drawdown Average peak-to-trough decline	-20.77%	0.00%	-20.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.90%	—	—

Volatility

Volatility by Period

	XYZY	QYLE	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.70%	—	—
Volatility (6M) Calculated over the trailing 6-month period	32.41%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	45.34%	0.00%	+45.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.76%	0.00%	+42.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.76%	0.00%	+42.76%