AGZD vs. QYLD
AGZD (WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund) and QYLD (Global X NASDAQ 100 Covered Call ETF) are both exchange-traded funds - AGZD is a Nontraditional Bonds fund tracking the Bloomberg Rate Hedged U.S. Aggregate Bond Index, Zero Duration, while QYLD is a Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2. Both are passively managed. Over the past 10 years, AGZD returned 3.22%/yr vs 10.21%/yr for QYLD. At a 0.09 correlation, their price movements are largely independent. AGZD charges 0.23%/yr vs 0.60%/yr for QYLD.
Performance
AGZD vs. QYLD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AGZD achieves a 2.24% return, which is significantly lower than QYLD's 8.25% return. Over the past 10 years, AGZD has underperformed QYLD with an annualized return of 3.22%, while QYLD has yielded a comparatively higher 10.21% annualized return.
AGZD
- 1D
- -0.02%
- 1M
- -0.37%
- YTD
- 2.24%
- 6M
- 2.20%
- 1Y
- 5.40%
- 3Y*
- 5.76%
- 5Y*
- 4.31%
- 10Y*
- 3.22%
QYLD
- 1D
- 0.56%
- 1M
- 1.12%
- YTD
- 8.25%
- 6M
- 7.89%
- 1Y
- 22.07%
- 3Y*
- 14.40%
- 5Y*
- 8.29%
- 10Y*
- 10.21%
AGZD vs. QYLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund | 2.24% | 4.35% | 6.64% | 7.15% | 1.17% | 0.69% | 0.31% | 4.65% | 0.18% | 2.62% |
QYLD Global X NASDAQ 100 Covered Call ETF | 8.25% | 9.28% | 19.35% | 22.77% | -19.08% | 10.41% | 8.72% | 22.69% | -3.07% | 18.79% |
Correlation
The correlation between AGZD and QYLD is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Dec 18, 2013 | 0.09 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AGZD vs. QYLD — Risk / Return Rank
AGZD
QYLD
AGZD vs. QYLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AGZD | QYLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.51 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 7.41 | 4.46 | +2.94 |
| Martin ratioReturn relative to average drawdown | 21.64 | 24.33 | -2.69 |
Loading charts...
Drawdowns
AGZD vs. QYLD - Drawdown Comparison
The maximum AGZD drawdown since its inception was -8.46%, smaller than the maximum QYLD drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for AGZD and QYLD.
Loading charts...
Drawdown Indicators
| AGZD | QYLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.46% | -24.75% | +16.29% |
Max Drawdown (1Y)Largest decline over 1 year | -0.73% | -4.97% | +4.24% |
Max Drawdown (3Y)Largest decline over 3 years | -1.71% | -19.06% | +17.35% |
Max Drawdown (5Y)Largest decline over 5 years | -2.23% | -24.61% | +22.38% |
Max Drawdown (10Y)Largest decline over 10 years | -8.46% | -24.75% | +16.29% |
Current DrawdownCurrent decline from peak | -0.60% | -1.77% | +1.17% |
Average DrawdownAverage peak-to-trough decline | -0.77% | -3.82% | +3.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.25% | 0.91% | -0.66% |
Volatility
AGZD vs. QYLD - Volatility Comparison
The current volatility for WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) is 1.04%, while Global X NASDAQ 100 Covered Call ETF (QYLD) has a volatility of 4.78%. This indicates that AGZD experiences smaller price fluctuations and is considered to be less risky than QYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AGZD | QYLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.04% | 4.78% | -3.74% |
Volatility (6M)Calculated over the trailing 6-month period | 1.98% | 8.45% | -6.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.83% | 9.69% | -6.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.60% | 14.84% | -11.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.72% | 15.55% | -11.83% |
AGZD vs. QYLD - Expense Ratio Comparison
AGZD has a 0.23% expense ratio, which is lower than QYLD's 0.60% expense ratio.
Dividends
AGZD vs. QYLD - Dividend Comparison
AGZD's dividend yield for the trailing twelve months is around 4.00%, less than QYLD's 11.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund | 4.00% | 4.12% | 3.96% | 6.07% | 8.61% | 1.66% | 2.28% | 2.83% | 2.62% | 2.31% | 1.81% | 1.66% |
QYLD Global X NASDAQ 100 Covered Call ETF | 11.64% | 11.55% | 12.50% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% |
Frequently Asked Questions
AGZD and QYLD have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QYLD has higher volatility (4.78%) compared to AGZD (1.04%). In terms of maximum drawdown, AGZD dropped -8.46% vs QYLD's -24.75%.
On 10-year performance, QYLD leads with 10.21% vs 3.22% for AGZD. On fees, AGZD is cheaper at 0.23% per year. On volatility, AGZD has been the lower-risk option at 1.04%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, QYLD has performed better with a 10.21% return vs 3.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AGZD is cheaper with a 0.23% expense ratio, compared with 0.60% for QYLD.
QYLD has the higher dividend yield at 11.64%, compared with 4.00% for AGZD.
AGZD is categorized as Nontraditional Bonds, while QYLD is Nasdaq-100. AGZD tracks Bloomberg Rate Hedged U.S. Aggregate Bond Index, Zero Duration, while QYLD tracks CBOE NASDAQ-100 Buy Write V2. They also come from different issuers: WisdomTree and Global X. Their fees differ too: 0.23% for AGZD and 0.60% for QYLD.
QYLD currently has the higher Sharpe Ratio (2.29 vs 1.92), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for AGZD and QYLD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer