AOD vs. XYLG
Compare and contrast key facts about Abrdn Total Dynamic Dividend Fund (AOD) and Global X S&P 500 Covered Call & Growth ETF (XYLG).
XYLG is a passively managed fund by Global X that tracks the performance of the CBOE S&P 500 BuyWrite Index. It was launched on Sep 18, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AOD or XYLG.
Key characteristics
AOD | XYLG | |
---|---|---|
YTD Return | 7.38% | 8.52% |
1Y Return | 11.89% | 17.84% |
3Y Return (Ann) | 2.34% | 7.51% |
Sharpe Ratio | 1.05 | 2.13 |
Daily Std Dev | 11.81% | 8.56% |
Max Drawdown | -72.28% | -21.31% |
Current Drawdown | -1.99% | -0.17% |
Correlation
The correlation between AOD and XYLG is 0.78, 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
AOD vs. XYLG - Performance Comparison
In the year-to-date period, AOD achieves a 7.38% return, which is significantly lower than XYLG's 8.52% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
AOD vs. XYLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Abrdn Total Dynamic Dividend Fund (AOD) and Global X S&P 500 Covered Call & Growth ETF (XYLG). 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
AOD vs. XYLG - Dividend Comparison
AOD's dividend yield for the trailing twelve months is around 7.52%, more than XYLG's 4.40% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Abrdn Total Dynamic Dividend Fund | 7.52% | 8.56% | 8.85% | 6.75% | 7.80% | 7.71% | 9.57% | 7.29% | 9.10% | 8.93% | 8.65% | 8.40% |
Global X S&P 500 Covered Call & Growth ETF | 4.40% | 5.37% | 6.44% | 7.40% | 1.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AOD vs. XYLG - Drawdown Comparison
The maximum AOD drawdown since its inception was -72.28%, which is greater than XYLG's maximum drawdown of -21.31%. Use the drawdown chart below to compare losses from any high point for AOD and XYLG. For additional features, visit the drawdowns tool.
Volatility
AOD vs. XYLG - Volatility Comparison
Abrdn Total Dynamic Dividend Fund (AOD) has a higher volatility of 2.57% compared to Global X S&P 500 Covered Call & Growth ETF (XYLG) at 2.31%. This indicates that AOD's price experiences larger fluctuations and is considered to be riskier than XYLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.