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.
Performance
AAL vs. QYLD - Performance Comparison
Returns By Period
In the year-to-date period, AAL achieves a 3.35% return, which is significantly lower than QYLD's 16.23% return. Over the past 10 years, AAL has underperformed QYLD with an annualized return of -10.07%, while QYLD has yielded a comparatively higher 8.46% annualized return.
AAL
3.35%
9.57%
2.75%
15.35%
-13.08%
-10.07%
QYLD
16.23%
0.51%
9.61%
19.69%
7.34%
8.46%
Key characteristics
| AAL | QYLD | |
|---|---|---|
| Sharpe Ratio | 0.41 | 1.92 |
| Sortino Ratio | 0.87 | 2.61 |
| Omega Ratio | 1.11 | 1.46 |
| Calmar Ratio | 0.20 | 2.57 |
| Martin Ratio | 0.84 | 13.85 |
| Ulcer Index | 20.42% | 1.44% |
| Daily Std Dev | 41.39% | 10.35% |
| Max Drawdown | -97.20% | -24.75% |
| Current Drawdown | -76.07% | -1.61% |
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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.
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 11.65%.
| 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 | 11.65% | 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 11.12% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 3.46%. 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.