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 0.30, 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
AMBP vs. XYLD - Performance Comparison
Key characteristics
AMBP:
-0.30
XYLD:
0.35
AMBP:
-0.19
XYLD:
0.62
AMBP:
0.98
XYLD:
1.12
AMBP:
-0.15
XYLD:
0.34
AMBP:
-0.55
XYLD:
1.79
AMBP:
19.45%
XYLD:
2.98%
AMBP:
36.04%
XYLD:
15.15%
AMBP:
-75.71%
XYLD:
-33.46%
AMBP:
-70.35%
XYLD:
-10.57%
Returns By Period
In the year-to-date period, AMBP achieves a -9.01% return, which is significantly lower than XYLD's -7.65% return.
AMBP
-9.01%
-8.33%
-29.10%
-14.08%
N/A
N/A
XYLD
-7.65%
-5.01%
-3.23%
5.39%
9.50%
6.31%
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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 15.15%, more than XYLD's 13.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMBP Ardagh Metal Packaging S.A. | 15.15% | 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 | 13.16% | 11.54% | 10.51% | 13.43% | 9.07% | 7.93% | 5.76% | 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) and Global X S&P 500 Covered Call ETF (XYLD) have volatilities of 11.87% and 12.30%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.