RWL vs QYLD

Comparison between Invesco S&P 500 Revenue ETF (RWL, ETF) and GLOBAL X NASDAQ 100 COVERED CALL ETF (QYLD, ETF).

5-Year PerformanceRWL has outperformed QYLD, delivering a return of +12.5% compared to +8.2%

RWL vs QYLD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	RWL(ETF)	QYLD(ETF)
Net Assets	$8.10B	$8.10B
Expense Ratio	0.39%	0.60%
Max Drawdown	55.30%	42.31%
Sharpe Ratio	2.11	2.20
5Y Beta	0.70	0.80
P/E Ratio	25.52	37.12
Forward P/E	17.21	24.33
PEG Ratio	N/A	0.46
5Y Dividends CAGR	7.54%	-4.79%
5Y EPS CAGR	14.91%	31.07%
Debt to Equity	18.66%	35.22%
P/S Ratio	0.87	5.82
P/B Ratio	3.06	8.92

Net Assets

RWL

$8.10B

QYLD

$8.10B

Expense Ratio

Winner

RWL

0.39%

QYLD

0.60%

Max Drawdown

RWL

55.30%

Winner

QYLD

42.31%

Sharpe Ratio

RWL

2.11

Winner

QYLD

2.20

5Y Beta

Winner

RWL

0.70

QYLD

0.80

P/E Ratio

Winner

RWL

25.52

QYLD

37.12

Forward P/E

Winner

RWL

17.21

QYLD

24.33

PEG Ratio

RWL

N/A

QYLD

0.46

5Y Dividends CAGR

Winner

RWL

7.54%

QYLD

-4.79%

5Y EPS CAGR

RWL

14.91%

Winner

QYLD

31.07%

Debt to Equity

Winner

RWL

18.66%

QYLD

35.22%

P/S Ratio

Winner

RWL

0.87

QYLD

5.82

P/B Ratio

Winner

RWL

3.06

QYLD

8.92

RWL vs QYLD - Holdings Comparison

RWL and QYLD have 80 common holdings. Overlap is 20.90%

RWL's top 25 holdings weight is 38.81%. QYLD's top 25 holdings weight is 73.85%.

Rank	RWL	QYLD
#1	AMAZON.COM INC (AMZN) - 4.47%	NVIDIA CORP (NVDA) - 9.52%
#2	WALMART INC (WMT) - 3.76%	APPLE INC (AAPL) - 7.31%
#3	UNITEDHEALTH GROUP INC (UNH) - 2.93%	MICROSOFT CORP (MSFT) - 5.86%
#4	APPLE INC (AAPL) - 2.31%	AMAZON.COM INC (AMZN) - 5.12%
#5	CVS HEALTH CORP (CVS) - 2.19%	ALPHABET INC CLASS A (GOOGL) - 3.74%
#6	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.84%	META PLATFORMS INC CLASS A (META) - 3.64%
#7	MCKESSON CORP (MCK) - 1.81%	BROADCOM INC (AVGO) - 3.48%
#8	MICROSOFT CORP (MSFT) - 1.65%	ALPHABET INC CLASS C (GOOG) - 3.47%
#9	EXXON MOBIL CORP (XOM) - 1.64%	TESLA INC (TSLA) - 3.45%
#10	JPMORGAN CHASE & CO (JPM) - 1.55%	WALMART INC (WMT) - 3.16%
#11	THE CIGNA GROUP (CI) - 1.53%	MICRON TECHNOLOGY INC (MU) - 2.88%
#12	CENCORA INC (COR) - 1.48%	ADVANCED MICRO DEVICES INC (AMD) - 2.67%
#13	COSTCO WHOLESALE CORP (COST) - 1.46%	COSTCO WHOLESALE CORP (COST) - 2.24%
#14	CENTENE CORP (CNC) - 1.37%	INTEL CORP (INTC) - 2.14%
#15	ELEVANCE HEALTH INC (ELV) - 1.27%	NETFLIX INC (NFLX) - 1.98%
#16	NVIDIA CORP (NVDA) - 1.26%	CISCO SYSTEMS INC (CSCO) - 1.74%
#17	CARDINAL HEALTH INC (CAH) - 1.19%	n/a (PLTR) - 1.64%
#18	ALPHABET INC CLASS A (GOOGL) - 1.16%	LAM RESEARCH CORP (LRCX) - 1.59%
#19	ALPHABET INC CLASS C (GOOG) - 1.16%	APPLIED MATERIALS INC (AMAT) - 1.53%
#20	BANK OF AMERICA CORP (BAC) - 1.08%	TEXAS INSTRUMENTS INC (TXN) - 1.22%
#21	DELTA AIR LINES INC (DAL) - 0.37%	KLA CORP (KLAC) - 1.20%
#22	ALLSTATE CORP (ALL) - 0.36%	LINDE PLC (LIN) - 1.20%
#23	CISCO SYSTEMS INC (CSCO) - 0.33%	PEPSICO INC (PEP) - 1.08%
#24	ACCENTURE PLC CLASS A (ACN) - 0.32%	T-MOBILE US INC (TMUS) - 1.04%
#25	ORACLE CORP (ORCL) - 0.32%	ANALOG DEVICES INC (ADI) - 0.95%
Total Holdings	447	103

RWL vs QYLD - Historical Returns

Returns include dividend reinvestment.

Period	RWL	QYLD
1 month	+4.78%	+4.35%
3 months	+3.41%	+5.08%
6 months	+11.86%	+10.92%
1 year	+27.84%	+24.73%
5 years(CAGR)	+12.49%	+8.24%
10 years(CAGR)	+13.98%	+9.95%
Max(CAGR)	+11.15%	+8.66%

Winner

RWL

+4.78%

QYLD

+4.35%

RWL

+3.41%

Winner

QYLD

+5.08%

Winner

RWL

+11.86%

QYLD

+10.92%

Winner

RWL

+27.84%

QYLD

+24.73%

5Y(CAGR)

Winner

RWL

+12.49%

QYLD

+8.24%

10Y(CAGR)

Winner

RWL

+13.98%

QYLD

+9.95%

Max(CAGR)

Winner

RWL

+11.15%

QYLD

+8.66%

RWL vs QYLD - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	RWL	QYLD
2026	+8.27%	+6.76%
2025	+18.96%	+9.43%
2024	+15.91%	+20.09%
2023	+17.70%	+23.14%
2022	-6.69%	-19.46%
2021	+31.55%	+10.96%
2020	+8.40%	+8.17%
2019	+27.15%	+22.68%
2018	-8.46%	-3.95%
2017	+18.98%	+18.73%
2016	+13.58%	+6.07%
2015	-1.29%	+8.07%
2014	+14.33%	+4.66%
2013	+34.50%	+2.00%
2012	+16.05%	N/A
2011	-1.00%	N/A
2010	+15.28%	N/A
2009	+26.40%	N/A
2008	-34.19%	N/A

RWL vs QYLD Drawdown Comparison

The maximum drawdown for RWL was -54.83%, occurring on Mar 9, 2009. Recovery took 688 trading sessions.

The maximum drawdown for QYLD was -24.74%, occurring on Mar 16, 2020. Recovery took 182 trading sessions.

Rank	RWL	QYLD
#1	-54.83% May 15, 2008 - Feb 8, 2011	-24.74% Feb 19, 2020 - Nov 5, 2020
#2	-36.03% Feb 12, 2020 - Nov 9, 2020	-24.61% Dec 8, 2021 - Jan 19, 2024
#3	-21.38% Apr 29, 2011 - Feb 27, 2012	-19.06% Feb 20, 2025 - Oct 20, 2025
#4	-19.49% Sep 21, 2018 - Jul 3, 2019	-19.00% Oct 3, 2018 - Jul 10, 2019
#5	-17.50% Apr 20, 2022 - Jul 11, 2023	-11.25% Dec 29, 2015 - Sep 15, 2016
#6	-15.27% May 21, 2015 - Jul 11, 2016	-10.99% Jul 20, 2015 - Oct 23, 2015
#7	-14.39% Feb 19, 2025 - Jun 27, 2025	-7.76% Jul 15, 2024 - Aug 15, 2024
#8	-11.74% Jan 26, 2018 - Sep 20, 2018	-7.73% Sep 17, 2014 - Jun 3, 2015
#9	-10.32% Mar 26, 2012 - Aug 16, 2012	-7.67% Feb 16, 2021 - Jun 25, 2021
#10	-10.20% Feb 26, 2008 - Apr 25, 2008	-7.58% Mar 15, 2018 - Jun 1, 2018
#11	-9.19% Jul 31, 2023 - Dec 8, 2023	-7.03% Jan 26, 2018 - Feb 15, 2018
#12	-7.72% Sep 19, 2014 - Nov 5, 2014	-5.77% Jul 26, 2019 - Oct 15, 2019
#13	-6.84% Oct 18, 2012 - Dec 18, 2012	-5.56% Mar 18, 2014 - Jun 26, 2014
#14	-6.80% Jul 12, 2019 - Sep 11, 2019	-5.30% Sep 15, 2021 - Oct 26, 2021
#15	-6.75% Jan 11, 2022 - Mar 25, 2022	-4.98% Mar 17, 2026 - Apr 9, 2026

Correlation

Correlation between RWL and QYLD is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (2008 - 2026)

RWL vs QYLD dividend yield comparison.

Year	RWL	QYLD
2026	0.34%	3.89%
2025	1.35%	11.55%
2024	1.43%	12.50%
2023	1.60%	11.78%
2022	1.62%	13.75%
2021	1.35%	12.85%
2020	1.75%	11.16%
2019	1.87%	9.84%
2018	1.99%	12.44%
2017	1.60%	7.69%
2016	1.71%	9.15%
2015	1.97%	9.42%
2014	1.43%	10.74%
2013	1.61%	0.00%
2012	1.89%	0.00%
2011	1.85%	0.00%
2010	1.34%	0.00%
2009	1.32%	0.00%
2008	1.21%	0.00%