CALM vs. QYLD
CALM (Cal-Maine Foods, Inc.) is a stock, while QYLD (Global X NASDAQ 100 Covered Call ETF) is Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2. Over the past 10 years, CALM returned 9.71%/yr vs 10.07%/yr for QYLD. At a 0.17 correlation, their price movements are largely independent.
Performance
CALM vs. QYLD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CALM achieves a -1.01% return, which is significantly lower than QYLD's 10.20% return. Both investments have delivered pretty close results over the past 10 years, with CALM having a 9.71% annualized return and QYLD not far ahead at 10.07%.
CALM
- 1D
- -0.73%
- 1M
- -0.68%
- YTD
- -1.01%
- 6M
- -8.09%
- 1Y
- -20.64%
- 3Y*
- 24.07%
- 5Y*
- 22.74%
- 10Y*
- 9.71%
QYLD
- 1D
- 2.43%
- 1M
- 4.04%
- YTD
- 10.20%
- 6M
- 10.75%
- 1Y
- 25.53%
- 3Y*
- 14.59%
- 5Y*
- 8.95%
- 10Y*
- 10.07%
CALM vs. QYLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CALM Cal-Maine Foods, Inc. | -1.01% | -15.61% | 87.00% | 14.48% | 51.87% | -1.38% | -12.19% | 2.09% | -3.90% | 0.62% |
QYLD Global X NASDAQ 100 Covered Call ETF | 10.20% | 9.28% | 19.35% | 22.77% | -19.08% | 10.41% | 8.72% | 22.69% | -3.07% | 18.79% |
Correlation
The correlation between CALM and QYLD is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2013 | 0.17 |
The correlation between CALM and QYLD shifts across timeframes, from -0.07 (1 year) to 0.17 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CALM vs. QYLD — Risk / Return Rank
CALM
QYLD
CALM vs. QYLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cal-Maine Foods, Inc. (CALM) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CALM | QYLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.34 | ||
| Sortino ratioReturn per unit of downside risk | -4.61 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.60 | -0.70 |
| Calmar ratioReturn relative to maximum drawdown | -0.56 | 5.16 | -5.72 |
| Martin ratioReturn relative to average drawdown | -0.85 | 29.06 | -29.91 |
Loading charts...
Drawdowns
CALM vs. QYLD - Drawdown Comparison
The maximum CALM drawdown since its inception was -74.08%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for CALM and QYLD.
Loading charts...
Drawdown Indicators
| CALM | QYLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.08% | -24.75% | -49.33% |
Max Drawdown (1Y)Largest decline over 1 year | -37.00% | -4.97% | -32.03% |
Max Drawdown (3Y)Largest decline over 3 years | -37.00% | -19.06% | -17.94% |
Max Drawdown (5Y)Largest decline over 5 years | -37.00% | -24.61% | -12.39% |
Max Drawdown (10Y)Largest decline over 10 years | -39.12% | -24.75% | -14.37% |
Current DrawdownCurrent decline from peak | -31.50% | 0.00% | -31.50% |
Average DrawdownAverage peak-to-trough decline | -30.31% | -3.83% | -26.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.26% | 0.88% | +23.38% |
Volatility
CALM vs. QYLD - Volatility Comparison
Cal-Maine Foods, Inc. (CALM) has a higher volatility of 6.08% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 4.30%. This indicates that CALM'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.
Loading charts...
Volatility by Period
| CALM | QYLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.08% | 4.30% | +1.78% |
Volatility (6M)Calculated over the trailing 6-month period | 20.30% | 8.24% | +12.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.73% | 9.49% | +23.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.63% | 14.81% | +17.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.13% | 15.54% | +15.59% |
Dividends
CALM vs. QYLD - Dividend Comparison
CALM's dividend yield for the trailing twelve months is around 6.18%, less than QYLD's 11.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CALM Cal-Maine Foods, Inc. | 6.18% | 10.90% | 2.82% | 7.51% | 3.17% | 0.09% | 0.00% | 0.98% | 1.03% | 0.00% | 2.70% | 4.10% |
QYLD Global X NASDAQ 100 Covered Call ETF | 11.22% | 11.55% | 12.50% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% |
Frequently Asked Questions
CALM and QYLD have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CALM has higher volatility (6.08%) compared to QYLD (4.30%). In terms of maximum drawdown, CALM dropped -74.08% vs QYLD's -24.75%.
QYLD currently has the higher Sharpe Ratio (2.70 vs -0.63), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for CALM and QYLD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer