Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) Performance
QYLG total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +14.3% since Dec 31, 2025
- 1 year
- +17.0% total return
- 5 years
- +11.2% a year
- Since first price
- +13.7% a year since 2020
QYLG trailing returns vs SPY, QQQ, AGG
| Period | QYLG total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −3.3% | −3.8% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.8% | +2.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +8.5% | +4.3% | +7.8% | +8.4% | −1.5% |
| YTD | +14.3% | +7.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +17.0% | −1.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +79.1%+21.4%/yr | +11.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +70.3%+11.2%/yr | −9.9% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionSep 22, 2020 | +118.9%+13.7%/yr | +8.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: QYLG vs SPY
From Sep 22, 2020: QYLG grew to $21,893, SPY to $24,947.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
QYLG returns by calendar year
4 of 5 full years positive. Best 2023 (+38.7%), worst 2022 (−26.3%). 2026 is year to date.
QYLG annual returns table
| Year | QYLG | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +14.3% | −8.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +15.3% | −20.8% | +17.7% | +20.8% | +7.2% |
| 2024 | +22.0% | −10.7% | +24.9% | +25.6% | +1.3% |
| 2023 | +38.7% | −8.9% | +26.2% | +54.9% | +5.7% |
| 2022 | −26.3% | −29.9% | −18.2% | −32.6% | −13.0% |
| 2021 | +18.3% | −8.6% | +28.7% | +27.4% | −1.8% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
QYLG largest drawdowns
Now 4.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 27, 2021 | −30.0% | Oct 14, 2022 | Dec 18, 2023 | 10 months | 2.0 years |
| Feb 19, 2025 | −20.8% | Apr 8, 2025 | Jul 25, 2025 | 48 days | 5 months |
| Jul 10, 2024 | −10.7% | Aug 5, 2024 | Sep 25, 2024 | 26 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
QYLG risk statistics
| Statistic | 3 years | 5 years | Since 2020 |
|---|---|---|---|
| Annualized return | +22.6% | +12.9% | +14.3% |
| Volatility (annualized) | 11.9% | 15.7% | 15.3% |
| Sharpe ratio | 1.42 | 0.63 | 0.76 |
| Sortino ratio | 2.76 | 0.97 | 1.22 |
| Best month | +10.9% | +10.9% | +10.9% |
| Worst month | −6.7% | −10.1% | −10.1% |
| Best 12 months | +33.7% | +38.7% | +38.7% |
| Worst 12 months | +5.5% | −26.3% | −26.3% |
| Positive months | 72% | 65% | 65% |
| Beta vs S&P 500 | 0.86 | 0.91 | — |
| Correlation with S&P 500 | 0.90 | 0.91 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
QYLG rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 62 | −26.3% | +16.6% | +38.7% | 81% |
| 3-year (a year) | 38 | +6.2% | +11.3% | +25.0% | 100% |
| 5-year (a year) | 14 | +10.1% | +11.5% | +14.3% | 100% |
Every holding period starting at a month-end since 2020. Returns for 3 years and longer are annualized.
QYLG performance overview
Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) returned +17.0% over the past year and +11.2% a year over five years, with distributions reinvested. Since its first recorded price in 2020 it has returned +13.7% a year, turning $10,000 into about $21,893. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −30.0%, from Dec 27, 2021 to Oct 14, 2022, and it took 1.2 years to get back to the old high. QYLG finished 4 of its 5 full calendar years with a gain; the best year was 2023 (+38.7%) and the worst 2022 (−26.3%). Volatility has been 15.3% a year.
Related: QYLG chart, QYLG holdings, QYLG dividends, QYLG valuation. See the QYLG overview for the latest quote and fund facts.
QYLG performance FAQ
What is the QYLG return over the past year?
QYLG returned +17.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 1.7%.
What is the average annual return of QYLG?
QYLG has returned +11.2% a year over 5 years, +13.7% a year since September 22, 2020 (total return, distributions reinvested).
How much would $10,000 invested in QYLG be worth?
$10,000 invested in QYLG at its first recorded close on September 22, 2020 would be worth about $21,893 on October 23, 2026 with distributions reinvested.
What was the worst year for QYLG?
The worst calendar year was 2022, with a total return of −26.3%. The best was 2023 at +38.7%.
What is the biggest drawdown of QYLG?
The largest peak-to-trough decline was −30.0% between December 27, 2021 and October 14, 2022. It recovered to the old high on December 18, 2023, 1.2 years after the bottom.
How volatile is QYLG?
Over the past 3 years QYLG had an annualized volatility of 11.9% and a Sharpe ratio of 1.42 (excess return over 1–3 month T-bills per unit of risk).