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AAL vs. QYLD

Last updated May 27, 2023

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


AALQYLD
YTD Return12.81%16.29%
1Y Return-16.76%10.94%
5Y Return (Ann)-20.07%4.96%
10Y Return (Ann)-1.73%7.03%
Sharpe Ratio-0.230.80
Daily Std Dev47.87%15.53%
Max Drawdown-97.20%-24.89%

Correlation

0.37
-1.001.00

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.

AAL vs. QYLD - Performance Comparison

In the year-to-date period, AAL achieves a 12.81% return, which is significantly lower than QYLD's 16.29% return. Over the past 10 years, AAL has underperformed QYLD with an annualized return of -1.73%, while QYLD has yielded a comparatively higher 7.03% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-40.00%-20.00%0.00%20.00%40.00%60.00%80.00%December2023FebruaryMarchAprilMay
-40.19%
89.75%
AAL
QYLD

Compare stocks, funds, or ETFs


American Airlines Group Inc.

AAL vs. QYLD - Dividend Comparison

AAL has not paid dividends to shareholders, while QYLD's dividend yield for the trailing twelve months is around 16.80%.


TTM202220212020201920182017201620152014
AAL
American Airlines Group Inc.
0.00%0.00%0.00%0.63%1.40%1.27%0.79%0.89%0.99%0.39%
QYLD
Global X NASDAQ 100 Covered Call ETF
16.80%13.94%15.18%14.96%14.84%20.78%14.33%18.46%20.85%26.14%

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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
AAL
American Airlines Group Inc.
-0.23
QYLD
Global X NASDAQ 100 Covered Call ETF
0.80

AAL vs. QYLD - Sharpe Ratio Comparison

The current AAL Sharpe Ratio is -0.23, which is lower than the QYLD Sharpe Ratio of 0.80. The chart below compares the 12-month rolling Sharpe Ratio of AAL and QYLD.


-1.00-0.500.000.50December2023FebruaryMarchAprilMay
-0.23
0.80
AAL
QYLD

AAL vs. QYLD - Drawdown Comparison

The maximum AAL drawdown for the period was -78.38%, lower than the maximum QYLD drawdown of -21.50%. The drawdown chart below compares losses from any high point along the way for AAL and QYLD


-80.00%-60.00%-40.00%-20.00%0.00%December2023FebruaryMarchAprilMay
-74.82%
-6.95%
AAL
QYLD

AAL vs. QYLD - Volatility Comparison

American Airlines Group Inc. (AAL) has a higher volatility of 10.32% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 2.19%. 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.


0.00%5.00%10.00%15.00%December2023FebruaryMarchAprilMay
10.32%
2.19%
AAL
QYLD