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 0.36, 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:
0.90
QYLD:
1.88
AAL:
1.58
QYLD:
2.60
AAL:
1.20
QYLD:
1.45
AAL:
0.46
QYLD:
2.57
AAL:
1.90
QYLD:
13.71
AAL:
20.38%
QYLD:
1.46%
AAL:
42.98%
QYLD:
10.62%
AAL:
-97.20%
QYLD:
-24.75%
AAL:
-69.18%
QYLD:
-0.16%
Returns By Period
In the year-to-date period, AAL achieves a 4.93% return, which is significantly higher than QYLD's 1.43% return. Over the past 10 years, AAL has underperformed QYLD with an annualized return of -9.06%, while QYLD has yielded a comparatively higher 8.91% annualized return.
AAL
4.93%
9.39%
72.22%
41.45%
-8.38%
-9.06%
QYLD
1.43%
2.45%
10.68%
20.02%
7.32%
8.91%
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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 12.32%.
| 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 | 12.32% | 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 9.57% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 3.24%. 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.