AMBP vs. XYLD
Compare and contrast key facts about Ardagh Metal Packaging S.A. (AMBP) and Global X S&P 500 Covered Call ETF (XYLD).
XYLD is a passively managed fund by Global X that tracks the performance of the CBOE S&P 500 2% OTM BuyWrite Index. It was launched on Jun 24, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMBP or XYLD.
Correlation
The correlation between AMBP and XYLD is 0.87, 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
AMBP vs. XYLD - Performance Comparison
Key characteristics
AMBP:
0.09
XYLD:
0.54
AMBP:
0.55
XYLD:
0.88
AMBP:
1.07
XYLD:
1.17
AMBP:
0.06
XYLD:
0.53
AMBP:
0.20
XYLD:
2.26
AMBP:
19.90%
XYLD:
3.63%
AMBP:
46.70%
XYLD:
15.28%
AMBP:
-75.71%
XYLD:
-33.46%
AMBP:
-59.12%
XYLD:
-7.66%
Returns By Period
In the year-to-date period, AMBP achieves a 25.45% return, which is significantly higher than XYLD's -4.64% return.
AMBP
25.45%
33.81%
5.17%
3.51%
N/A
N/A
XYLD
-4.64%
8.16%
-1.19%
8.11%
9.72%
6.45%
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Risk-Adjusted Performance
AMBP vs. XYLD — Risk-Adjusted Performance Rank
AMBP
XYLD
AMBP vs. XYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ardagh Metal Packaging S.A. (AMBP) and Global X S&P 500 Covered Call ETF (XYLD). 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
AMBP vs. XYLD - Dividend Comparison
AMBP's dividend yield for the trailing twelve months is around 14.12%, more than XYLD's 12.98% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMBP Ardagh Metal Packaging S.A. | 14.12% | 13.29% | 10.42% | 6.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XYLD Global X S&P 500 Covered Call ETF | 12.98% | 11.54% | 10.51% | 13.43% | 9.07% | 7.93% | 5.75% | 7.12% | 5.18% | 3.23% | 4.65% | 4.15% |
Drawdowns
AMBP vs. XYLD - Drawdown Comparison
The maximum AMBP drawdown since its inception was -75.71%, which is greater than XYLD's maximum drawdown of -33.46%. Use the drawdown chart below to compare losses from any high point for AMBP and XYLD. For additional features, visit the drawdowns tool.
Volatility
AMBP vs. XYLD - Volatility Comparison
Ardagh Metal Packaging S.A. (AMBP) has a higher volatility of 28.67% compared to Global X S&P 500 Covered Call ETF (XYLD) at 10.18%. This indicates that AMBP's price experiences larger fluctuations and is considered to be riskier than XYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.