AAL vs. QYLD
Compare and contrast key facts about American Airlines Group Inc. (AAL) and Global X NASDAQ 100 Covered Call ETF (QYLD).
QYLD is a passively managed fund by Global X that tracks the performance of the CBOE NASDAQ-100 Buy Write V2. It was launched on Dec 12, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAL or QYLD.
Correlation
The correlation between AAL and QYLD is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AAL vs. QYLD - Performance Comparison
Key characteristics
AAL:
0.47
QYLD:
1.97
AAL:
1.02
QYLD:
2.69
AAL:
1.13
QYLD:
1.48
AAL:
0.25
QYLD:
2.65
AAL:
1.01
QYLD:
14.19
AAL:
20.45%
QYLD:
1.45%
AAL:
44.35%
QYLD:
10.40%
AAL:
-97.20%
QYLD:
-24.75%
AAL:
-71.56%
QYLD:
0.00%
Returns By Period
In the year-to-date period, AAL achieves a 22.85% return, which is significantly higher than QYLD's 19.32% return. Over the past 10 years, AAL has underperformed QYLD with an annualized return of -9.86%, while QYLD has yielded a comparatively higher 8.52% annualized return.
AAL
22.85%
16.74%
50.71%
17.63%
-10.23%
-9.86%
QYLD
19.32%
3.00%
10.81%
19.98%
7.37%
8.52%
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Risk-Adjusted Performance
AAL vs. QYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Airlines Group Inc. (AAL) 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.
Dividends
AAL vs. QYLD - Dividend Comparison
AAL has not paid dividends to shareholders, while QYLD's dividend yield for the trailing twelve months is around 11.35%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
AAL American Airlines Group Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.63% | 1.39% | 1.25% | 0.77% | 0.86% | 0.94% | 0.37% |
QYLD Global X NASDAQ 100 Covered Call ETF | 11.35% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% |
Drawdowns
AAL vs. QYLD - Drawdown Comparison
The maximum AAL drawdown since its inception was -97.20%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for AAL and QYLD. For additional features, visit the drawdowns tool.
Volatility
AAL vs. QYLD - Volatility Comparison
American Airlines Group Inc. (AAL) has a higher volatility of 17.37% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 1.64%. This indicates that AAL's price experiences larger fluctuations and is considered to be riskier than QYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.