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YBTY vs. QYLD
Performance
Return for Risk
Drawdowns
Volatility
Dividends

YBTY vs. QYLD

Last updated Jun 24, 2026

YBTY (GraniteShares YieldBOOST TopYielders ETF) and QYLD (Global X NASDAQ 100 Covered Call ETF) are both exchange-traded funds - YBTY is a Derivative Income fund actively managed by GraniteShares, while QYLD is a Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2. YBTY is actively managed, while QYLD is passively managed. A 0.62 correlation means they provide meaningful diversification when combined. YBTY charges 1.38%/yr vs 0.60%/yr for QYLD.

Performance

YBTY vs. QYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST TopYielders ETF (YBTY) and Global X NASDAQ 100 Covered Call ETF (QYLD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, YBTY achieves a -17.51% return, which is significantly lower than QYLD's 7.89% return.

YBTY

1D
-0.90%
1M
-1.60%
YTD
-17.51%
6M
-24.35%
1Y
—
3Y*
—
5Y*
—
10Y*
—

QYLD

1D
-1.97%
1M
1.41%
YTD
7.89%
6M
7.59%
1Y
22.55%
3Y*
13.99%
5Y*
8.26%
10Y*
9.99%
*Multi-year figures are annualized to reflect compound growth (CAGR)

YBTY vs. QYLD - Yearly Performance Comparison

2026 (YTD)2025
YBTY
GraniteShares YieldBOOST TopYielders ETF		-17.51%-7.56%
QYLD
Global X NASDAQ 100 Covered Call ETF		7.89%1.64%

Correlation

The correlation between YBTY and QYLD is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (All Time)
Calculated using the full available price history since Dec 16, 2025

0.62

YBTY vs. QYLD - Sectors Allocation Comparison

Sectors
YBTY
QYLD

Financial Services

96.6%
0.2%

Basic Materials

-

1.0%

Communication Services

-

14.3%

Consumer Cyclical

-

11.4%

Consumer Defensive

-

6.4%

Energy

-

0.5%

Healthcare

-

3.7%

Industrials

-

2.6%

Real Estate

-

0.1%

Technology

-

58.7%

Utilities

-

1.2%

Financial Services

YBTY
96.6%
QYLD
0.2%

Basic Materials

YBTY

-

QYLD
1.0%

Communication Services

YBTY

-

QYLD
14.3%

Consumer Cyclical

YBTY

-

QYLD
11.4%

Consumer Defensive

YBTY

-

QYLD
6.4%

Energy

YBTY

-

QYLD
0.5%

Healthcare

YBTY

-

QYLD
3.7%

Industrials

YBTY

-

QYLD
2.6%

Real Estate

YBTY

-

QYLD
0.1%

Technology

YBTY

-

QYLD
58.7%

Utilities

YBTY

-

QYLD
1.2%

Compare stocks, funds, or ETFs

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

GraniteShares YieldBOOST TopYielders ETF

Global X NASDAQ 100 Covered Call ETF

Often compared with YBTY:
YBTY vs. GOOYYBTY vs. AMDWYBTY vs. DHSBYBTY vs. AMDLYBTY vs. ARMWYBTY vs. BARYBTY vs. BUCK
Often compared with QYLD:
QYLD vs. JEPQQYLD vs. JEPIQYLD vs. QQQQYLD vs. XYLDQYLD vs. RYLDQYLD vs. SCHDQYLD vs. QYLG

Return for Risk

YBTY vs. QYLD — Risk / Return Rank

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

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

QYLD
QYLD Risk / Return Rank: 8484
Overall Rank
QYLD Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
QYLD Sortino Ratio Rank: 7777
Sortino Ratio Rank
QYLD Omega Ratio Rank: 8787
Omega Ratio Rank
QYLD Calmar Ratio Rank: 8585
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.

YBTY vs. QYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST TopYielders ETF (YBTY) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

YBTYQYLDDifference
Sharpe ratioReturn per unit of total volatility

—

2.34

—

Sortino ratioReturn per unit of downside risk

—

3.28

—

Omega ratioGain probability vs. loss probability

—

1.52

—

Calmar ratioReturn relative to maximum drawdown

—

4.56

—

Martin ratioReturn relative to average drawdown

—

25.38

—

YBTY vs. QYLD - Sharpe Ratio Comparison

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Drawdowns

YBTY vs. QYLD - Drawdown Comparison

The maximum YBTY drawdown since its inception was -27.66%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for YBTY and QYLD.

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Drawdown Indicators

YBTYQYLDDifference

Max Drawdown

Largest peak-to-trough decline

-27.66%

-24.75%

-2.91%

Max Drawdown (1Y)

Largest decline over 1 year

—

-4.97%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-19.06%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-24.61%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-24.75%

—

Current Drawdown

Current decline from peak

-25.06%

-2.10%

-22.96%

Average Drawdown

Average peak-to-trough decline

-18.88%

-3.82%

-15.06%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

0.89%

—

Volatility

YBTY vs. QYLD - Volatility Comparison

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Volatility by Period

YBTYQYLDDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

4.78%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

8.50%

—

Volatility (1Y)

Calculated over the trailing 1-year period

21.39%

9.70%

+11.69%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.39%

14.84%

+6.55%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.39%

15.56%

+5.83%

YBTY vs. QYLD - Expense Ratio Comparison

YBTY has a 1.38% expense ratio, which is higher than QYLD's 0.60% expense ratio.

Dividends

YBTY vs. QYLD - Dividend Comparison

YBTY's dividend yield for the trailing twelve months is around 54.19%, more than QYLD's 11.68% yield.

PositionTTM20252024202320222021202020192018201720162015
QYLD
Global X NASDAQ 100 Covered Call ETF		11.68%11.55%12.50%11.78%13.75%12.85%11.16%9.84%12.44%7.69%9.15%9.42%
YBTY
GraniteShares YieldBOOST TopYielders ETF		54.19%4.10%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

YBTY and QYLD have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, QYLD is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

QYLD is cheaper with a 0.60% expense ratio, compared with 1.38% for YBTY.

YBTY has the higher dividend yield at 54.19%, compared with 11.68% for QYLD.

YBTY is categorized as Derivative Income, while QYLD is Nasdaq-100. They also come from different issuers: GraniteShares and Global X. Their fees differ too: 1.38% for YBTY and 0.60% for QYLD.

Portfolio Optimizer

Find the right allocation for YBTY 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.

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