CATO vs. QYLD
Compare and contrast key facts about The Cato Corporation (CATO) 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: CATO or QYLD.
Correlation
The correlation between CATO and QYLD is 0.23, 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
CATO vs. QYLD - Performance Comparison
Key characteristics
CATO:
-0.76
QYLD:
1.72
CATO:
-0.91
QYLD:
2.37
CATO:
0.87
QYLD:
1.40
CATO:
-0.52
QYLD:
2.37
CATO:
-1.66
QYLD:
12.57
CATO:
27.13%
QYLD:
1.46%
CATO:
59.74%
QYLD:
10.73%
CATO:
-95.24%
QYLD:
-24.75%
CATO:
-85.95%
QYLD:
-0.38%
Returns By Period
In the year-to-date period, CATO achieves a -12.56% return, which is significantly lower than QYLD's 2.96% return. Over the past 10 years, CATO has underperformed QYLD with an annualized return of -17.79%, while QYLD has yielded a comparatively higher 8.85% annualized return.
CATO
-12.56%
-5.01%
-26.84%
-45.16%
-22.03%
-17.79%
QYLD
2.96%
2.06%
17.06%
18.11%
7.42%
8.85%
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Risk-Adjusted Performance
CATO vs. QYLD — Risk-Adjusted Performance Rank
CATO
QYLD
CATO vs. QYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Cato Corporation (CATO) 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
CATO vs. QYLD - Dividend Comparison
CATO's dividend yield for the trailing twelve months is around 14.96%, more than QYLD's 12.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CATO The Cato Corporation | 14.96% | 13.08% | 9.52% | 7.29% | 2.62% | 3.44% | 7.59% | 9.25% | 8.29% | 4.29% | 3.26% | 2.84% |
QYLD Global X NASDAQ 100 Covered Call ETF | 12.31% | 12.50% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% |
Drawdowns
CATO vs. QYLD - Drawdown Comparison
The maximum CATO drawdown since its inception was -95.24%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for CATO and QYLD. For additional features, visit the drawdowns tool.
Volatility
CATO vs. QYLD - Volatility Comparison
The Cato Corporation (CATO) has a higher volatility of 12.24% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 3.10%. This indicates that CATO'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.