BXSL vs. QYLD
Compare and contrast key facts about Blackstone Secured Lending Fund (BXSL) 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: BXSL or QYLD.
Correlation
The correlation between BXSL 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
BXSL vs. QYLD - Performance Comparison
Key characteristics
BXSL:
0.12
QYLD:
0.35
BXSL:
0.30
QYLD:
0.64
BXSL:
1.04
QYLD:
1.11
BXSL:
0.13
QYLD:
0.35
BXSL:
0.49
QYLD:
1.47
BXSL:
5.15%
QYLD:
4.54%
BXSL:
20.93%
QYLD:
19.11%
BXSL:
-36.80%
QYLD:
-24.75%
BXSL:
-12.77%
QYLD:
-11.61%
Returns By Period
In the year-to-date period, BXSL achieves a -6.86% return, which is significantly higher than QYLD's -7.62% return.
BXSL
-6.86%
-10.25%
-2.37%
1.73%
N/A
N/A
QYLD
-7.62%
-3.67%
-4.45%
5.61%
8.63%
7.46%
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Risk-Adjusted Performance
BXSL vs. QYLD — Risk-Adjusted Performance Rank
BXSL
QYLD
BXSL vs. QYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Blackstone Secured Lending Fund (BXSL) 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
BXSL vs. QYLD - Dividend Comparison
BXSL's dividend yield for the trailing twelve months is around 10.48%, less than QYLD's 13.93% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BXSL Blackstone Secured Lending Fund | 10.48% | 9.53% | 10.64% | 13.02% | 1.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QYLD Global X NASDAQ 100 Covered Call ETF | 13.93% | 12.50% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% |
Drawdowns
BXSL vs. QYLD - Drawdown Comparison
The maximum BXSL drawdown since its inception was -36.80%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for BXSL and QYLD. For additional features, visit the drawdowns tool.
Volatility
BXSL vs. QYLD - Volatility Comparison
Blackstone Secured Lending Fund (BXSL) has a higher volatility of 15.03% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 14.23%. This indicates that BXSL'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.