BK vs. XYLD
Compare and contrast key facts about The Bank of New York Mellon Corporation (BK) 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: BK or XYLD.
Correlation
The correlation between BK and XYLD is 0.81, 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
BK vs. XYLD - Performance Comparison
Loading data...
Key characteristics
BK:
2.29
XYLD:
0.53
BK:
3.05
XYLD:
0.86
BK:
1.45
XYLD:
1.16
BK:
3.33
XYLD:
0.51
BK:
12.41
XYLD:
2.09
BK:
4.71%
XYLD:
3.81%
BK:
24.59%
XYLD:
15.28%
BK:
-72.42%
XYLD:
-33.46%
BK:
0.00%
XYLD:
-7.49%
Returns By Period
In the year-to-date period, BK achieves a 17.74% return, which is significantly higher than XYLD's -4.47% return. Over the past 10 years, BK has outperformed XYLD with an annualized return of 10.27%, while XYLD has yielded a comparatively lower 6.39% annualized return.
BK
17.74%
15.68%
16.61%
55.96%
26.63%
10.27%
XYLD
-4.47%
1.32%
-1.58%
7.98%
9.71%
6.39%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
BK vs. XYLD — Risk-Adjusted Performance Rank
BK
XYLD
BK vs. XYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Bank of New York Mellon Corporation (BK) 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.
Loading data...
Dividends
BK vs. XYLD - Dividend Comparison
BK's dividend yield for the trailing twelve months is around 2.10%, less than XYLD's 12.95% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BK The Bank of New York Mellon Corporation | 2.10% | 2.32% | 3.04% | 3.12% | 2.24% | 2.92% | 2.34% | 2.21% | 1.60% | 1.52% | 1.65% | 1.63% |
XYLD Global X S&P 500 Covered Call ETF | 12.95% | 11.54% | 10.51% | 13.43% | 9.07% | 7.93% | 5.76% | 7.12% | 5.18% | 3.23% | 4.65% | 4.15% |
Drawdowns
BK vs. XYLD - Drawdown Comparison
The maximum BK drawdown since its inception was -72.42%, which is greater than XYLD's maximum drawdown of -33.46%. Use the drawdown chart below to compare losses from any high point for BK and XYLD. For additional features, visit the drawdowns tool.
Loading data...
Volatility
BK vs. XYLD - Volatility Comparison
The Bank of New York Mellon Corporation (BK) has a higher volatility of 5.97% compared to Global X S&P 500 Covered Call ETF (XYLD) at 3.21%. This indicates that BK's price experiences larger fluctuations and is considered to be riskier than XYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...