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 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AAL vs. QYLD - Performance Comparison
Key characteristics
AAL:
-0.45
QYLD:
0.29
AAL:
-0.41
QYLD:
0.56
AAL:
0.95
QYLD:
1.10
AAL:
-0.29
QYLD:
0.30
AAL:
-0.93
QYLD:
1.12
AAL:
26.57%
QYLD:
5.02%
AAL:
52.89%
QYLD:
19.08%
AAL:
-97.20%
QYLD:
-24.75%
AAL:
-81.41%
QYLD:
-10.47%
Returns By Period
In the year-to-date period, AAL achieves a -36.72% return, which is significantly lower than QYLD's -6.43% return. Over the past 10 years, AAL has underperformed QYLD with an annualized return of -13.57%, while QYLD has yielded a comparatively higher 7.58% annualized return.
AAL
-36.72%
21.61%
-19.02%
-23.51%
1.70%
-13.57%
QYLD
-6.43%
10.62%
-5.30%
5.58%
8.28%
7.58%
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Risk-Adjusted Performance
AAL vs. QYLD — Risk-Adjusted Performance Rank
AAL
QYLD
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 13.75%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAL American Airlines Group Inc. | 0.00% | 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 | 13.75% | 12.50% | 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 28.27% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 11.76%. 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.