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 | 14.64% | 17.87% |
| 1Y Return | 13.08% | 22.18% |
| 3Y Return (Ann) | 16.54% | 5.26% |
| 5Y Return (Ann) | 10.37% | 7.51% |
| 10Y Return (Ann) | 1.97% | 8.43% |
| Sharpe Ratio | 0.84 | 2.21 |
| Sortino Ratio | 1.23 | 3.03 |
| Omega Ratio | 1.15 | 1.54 |
| Calmar Ratio | 1.24 | 2.86 |
| Martin Ratio | 4.49 | 15.74 |
| Ulcer Index | 2.91% | 1.41% |
| Daily Std Dev | 15.64% | 10.06% |
| Max Drawdown | -72.56% | -24.89% |
| Current Drawdown | -0.22% | -0.22% |
Correlation
The correlation between BGR and QYLD is 0.32, 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 14.64% return, which is significantly lower than QYLD's 17.87% return. Over the past 10 years, BGR has underperformed QYLD with an annualized return of 1.97%, while QYLD has yielded a comparatively higher 8.43% 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 5.98%, less than QYLD's 11.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BGR BlackRock Energy and Resources Trust | 5.98% | 6.25% | 4.64% | 4.81% | 9.28% | 7.88% | 8.96% | 6.60% | 6.93% | 11.93% | 13.83% | 16.95% |
QYLD Global X NASDAQ 100 Covered Call ETF | 11.27% | 11.78% | 13.75% | 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 4.55% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 2.55%. 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.