ARI vs. QYLD
Compare and contrast key facts about Apollo Commercial Real Estate Finance, Inc. (ARI) 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: ARI or QYLD.
Key characteristics
| ARI | QYLD | |
|---|---|---|
| YTD Return | -11.60% | 5.48% |
| 1Y Return | 22.44% | 15.00% |
| 3Y Return (Ann) | -1.45% | 4.35% |
| 5Y Return (Ann) | -0.57% | 6.60% |
| 10Y Return (Ann) | 6.57% | 7.50% |
| Sharpe Ratio | 0.58 | 1.80 |
| Daily Std Dev | 32.00% | 8.19% |
| Max Drawdown | -77.39% | -24.89% |
| Current Drawdown | -15.75% | -1.62% |
Correlation
The correlation between ARI and QYLD is 0.35, 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
ARI vs. QYLD - Performance Comparison
In the year-to-date period, ARI achieves a -11.60% return, which is significantly lower than QYLD's 5.48% return. Over the past 10 years, ARI has underperformed QYLD with an annualized return of 6.57%, while QYLD has yielded a comparatively higher 7.50% annualized 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
ARI vs. QYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Apollo Commercial Real Estate Finance, Inc. (ARI) 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.
Dividends
ARI vs. QYLD - Dividend Comparison
ARI's dividend yield for the trailing twelve months is around 13.93%, more than QYLD's 11.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARI Apollo Commercial Real Estate Finance, Inc. | 13.93% | 11.93% | 13.01% | 10.64% | 12.98% | 10.06% | 11.04% | 9.97% | 11.07% | 10.33% | 9.78% | 9.85% |
QYLD Global X NASDAQ 100 Covered Call ETF | 11.78% | 11.78% | 13.26% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% | 0.00% |
Drawdowns
ARI vs. QYLD - Drawdown Comparison
The maximum ARI drawdown since its inception was -77.39%, which is greater than QYLD's maximum drawdown of -24.89%. Use the drawdown chart below to compare losses from any high point for ARI and QYLD. For additional features, visit the drawdowns tool.
Volatility
ARI vs. QYLD - Volatility Comparison
Apollo Commercial Real Estate Finance, Inc. (ARI) has a higher volatility of 13.49% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 2.92%. This indicates that ARI'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.