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.
Key characteristics
| AAL | QYLD | |
|---|---|---|
| YTD Return | 0.58% | 16.28% |
| 1Y Return | 23.61% | 24.24% |
| 3Y Return (Ann) | -10.42% | 4.95% |
| 5Y Return (Ann) | -14.32% | 7.46% |
| 10Y Return (Ann) | -9.92% | 8.31% |
| Sharpe Ratio | 0.65 | 2.56 |
| Sortino Ratio | 1.17 | 3.49 |
| Omega Ratio | 1.15 | 1.63 |
| Calmar Ratio | 0.31 | 3.15 |
| Martin Ratio | 1.31 | 18.11 |
| Ulcer Index | 20.20% | 1.40% |
| Daily Std Dev | 41.13% | 9.92% |
| Max Drawdown | -97.20% | -24.89% |
| Current Drawdown | -76.71% | 0.00% |
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
In the year-to-date period, AAL achieves a 0.58% return, which is significantly lower than QYLD's 16.28% return. Over the past 10 years, AAL has underperformed QYLD with an annualized return of -9.92%, while QYLD has yielded a comparatively higher 8.31% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 11.42%.
| 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 | 11.42% | 11.78% | 13.26% | 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 -24.89%. 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 11.33% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 1.76%. 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.