BGR vs. QYLD
Compare and contrast key facts about BlackRock Energy and Resources Trust (BGR) 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: BGR or QYLD.
Key characteristics
| BGR | QYLD | |
|---|---|---|
| YTD Return | 7.58% | 5.48% |
| 1Y Return | 19.73% | 15.00% |
| 3Y Return (Ann) | 19.28% | 4.35% |
| 5Y Return (Ann) | 8.52% | 6.60% |
| 10Y Return (Ann) | 0.97% | 7.50% |
| Sharpe Ratio | 1.16 | 1.80 |
| Daily Std Dev | 16.09% | 8.19% |
| Max Drawdown | -72.56% | -24.89% |
| Current Drawdown | -3.27% | -1.62% |
Correlation
The correlation between BGR and QYLD is 0.33, 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
BGR vs. QYLD - Performance Comparison
In the year-to-date period, BGR achieves a 7.58% return, which is significantly higher than QYLD's 5.48% return. Over the past 10 years, BGR has underperformed QYLD with an annualized return of 0.97%, 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
BGR vs. QYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Energy and Resources Trust (BGR) 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
BGR vs. QYLD - Dividend Comparison
BGR's dividend yield for the trailing twelve months is around 6.01%, less than QYLD's 11.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BGR BlackRock Energy and Resources Trust | 6.01% | 6.22% | 4.62% | 4.75% | 9.26% | 7.84% | 8.91% | 6.57% | 6.90% | 11.93% | 13.78% | 16.95% |
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
BGR vs. QYLD - Drawdown Comparison
The maximum BGR drawdown since its inception was -72.56%, which is greater than QYLD's maximum drawdown of -24.89%. Use the drawdown chart below to compare losses from any high point for BGR and QYLD. For additional features, visit the drawdowns tool.
Volatility
BGR vs. QYLD - Volatility Comparison
BlackRock Energy and Resources Trust (BGR) has a higher volatility of 3.72% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 2.92%. This indicates that BGR'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.