QYLD.USvsRYLD.US

10-Year Study
Global X NASDAQ 100 Covered Call ETF()
Global X Russell 2000 Covered Call()

The Verdict

Over the synchronized 10-year period measured, neither historically led across 11 distinct risk and return vectors.
QYLD.US generated a 10-year CAGR of 7.8% (Max Drawdown: 22.7%), while RYLD.US generated 2.0% (Max Drawdown: 18.7%).

QYLD.US
9
metric wins
7.8% CAGR
VS
RYLD.US
2
metric wins
2.0% CAGR
Tied — very close race

Head-to-Head StatisticsiDetailed side-by-side breakdown of return and risk metrics.

10Y CAGRCAGRCompound Annual Growth Rate — the annualized rate of return over a period, accounting for compounding.Click for full definition →
QYLD.US
+7.8%
VS
RYLD.US
+2.0%
5Y CAGRCAGRCompound Annual Growth Rate — the annualized rate of return over a period, accounting for compounding.Click for full definition →
QYLD.US
+7.5%
VS
RYLD.US
+1.5%
3Y CAGRCAGRCompound Annual Growth Rate — the annualized rate of return over a period, accounting for compounding.Click for full definition →
QYLD.US
+12.4%
VS
RYLD.US
+6.2%
1Y CAGRCAGRCompound Annual Growth Rate — the annualized rate of return over a period, accounting for compounding.Click for full definition →
QYLD.US
+18.4%
VS
RYLD.US
+14.9%
Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
lower is better
QYLD.US
-22.7%
VS
RYLD.US
-18.7%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
QYLD.US
0.34
VS
RYLD.US
-0.17
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
QYLD.US
0.51
VS
RYLD.US
-0.28
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
lower is better
QYLD.US
+11.7%
VS
RYLD.US
+10.9%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
QYLD.US
+80.0%
VS
RYLD.US
+80.0%
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →
QYLD.US
+11.5%
VS
RYLD.US
+11.8%
10Y Income ($10k)
QYLD.US
$300
VS
RYLD.US
$232
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
lower = less market sensitivity
QYLD.US
0.49
VS
RYLD.US
0.55

Historical Trajectory

Growth of $10,000 Over 10 Years

Annual Returns Comparison

Performance Consistency

Rolling 12-Month Returns

Risk & Factor X-Ray AnalysisiAnalyzes downside volatility and macro factor exposures.

Historical Drawdowns

Return Correlation

72%
Pearson Correlation Coefficient

Moderately correlated. They share macro drivers but offer identifiable divergence.

Risk X-Ray Macro Factor Exposure Mapping

QYLD.US Factor Exposure
RYLD.US Factor Exposure

Fundamentals, Quality & IncomeiSide-by-side fundamental valuation, corporate health, and 10-year income generation.

Fundamentals Radar

Valuation & Quality Matrix

P/E Ratio
25.2
17.2
Forward P/EForward P/E RatioA valuation metric that compares the current stock price to estimated future earnings per share.Click for full definition →Next 12M Estimate
25.2xC
17.2xB
Squeeze RiskShort Squeeze RiskA situation where a sharp rise in the price of a stock forces short sellers to buy shares to cover their positions, further driving up the price.Click for full definition →
Low
Low
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
0
0
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
1.3
1.3
Market Cap
$696.6B
$4.0B

10-Year Income Simulation ($10k)

Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →
11.5%
11.8%
Total Income Gen
$300
$232

Momentum & Macro PositioningiCompares relative price trends, moving averages, and market sensitivity.

50-Day SMA

QYLD.US+0.8%
RYLD.US+1.2%

200-Day SMA

QYLD.US+5.8%
RYLD.US+4.3%

Beta (Market Risk)

QYLD.US0.49
RYLD.US0.55

Trend SignalGolden Cross & Death CrossTechnical chart patterns that occur when a short-term moving average crosses over a long-term moving average.Click for full definition →

QYLD.US
GOLDEN CROSS
RYLD.US
GOLDEN CROSS

RSI (14-Day)Relative Strength Index (RSI)A momentum oscillator that measures the speed and change of price movements to identify overbought or oversold conditions.Click for full definition →

QYLD.US
33
Neutral
RYLD.US
53
Neutral

Frequently Asked Questions

How did QYLD.US compare to RYLD.US historically?

QYLD.US and RYLD.US performed comparably over the measured period. Neither clearly dominated across all risk and return metrics. The right choice depends on your individual investment goals, income needs, and risk tolerance.

What is the 10-year CAGR of QYLD.US vs RYLD.US?

Over the 2021–2026 study period, QYLD.US produced an annualized return (CAGR) of 7.8% while RYLD.US produced 2.0%. A ${10,000} investment in QYLD.US would have grown to approximately $14,532, compared to $11,055 for RYLD.US.

What is the maximum drawdown of QYLD.US vs RYLD.US?

QYLD.US experienced a peak-to-trough drawdown of 22.7% (2022 was its worst year at -19.1%), versus 18.7% for RYLD.US (worst year 2022 at -13.0%). A smaller maximum drawdown indicates lower downside risk and is particularly important for investors close to or in retirement.

How correlated are QYLD.US and RYLD.US?

QYLD.US and RYLD.US have a Pearson return correlation of 72% over the study period. This moderate correlation means the ETFs share broad market drivers but show identifiable divergence, offering some diversification benefit when combined.

Which ETF has a better Sharpe ratio — QYLD.US or RYLD.US?

QYLD.US has a Sharpe ratio of 0.34 versus -0.17 for RYLD.US. The Sharpe ratio measures return per unit of risk (volatility) relative to a risk-free rate. QYLD.US delivered better risk-adjusted returns over the study period. QYLD.US had annualized volatility of 11.7% vs 10.9% for RYLD.US.

Which ETF pays a higher dividend — QYLD.US or RYLD.US?

QYLD.US has a dividend yield of 11.47%, while RYLD.US yields 11.85%. On a $10,000 investment, QYLD.US paid approximately $300 in cumulative income vs $232 for RYLD.US over the study period. Income-focused investors should weigh dividend yield alongside total return (price appreciation + dividends), since a lower-yielding ETF can still produce superior total returns through capital gains.

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