CCAP vs. QYLD
CCAP (Crescent Capital BDC, 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 5 years, CCAP returned 1.01%/yr vs 8.17%/yr for QYLD. At a 0.25 correlation, their price movements are largely independent.
Performance
CCAP vs. QYLD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CCAP achieves a -17.50% return, which is significantly lower than QYLD's 7.65% return.
CCAP
- 1D
- -0.89%
- 1M
- -1.50%
- YTD
- -17.50%
- 6M
- -18.08%
- 1Y
- -11.14%
- 3Y*
- 3.21%
- 5Y*
- 1.01%
- 10Y*
- —
QYLD
- 1D
- -0.22%
- 1M
- 1.18%
- YTD
- 7.65%
- 6M
- 7.29%
- 1Y
- 21.61%
- 3Y*
- 13.90%
- 5Y*
- 8.17%
- 10Y*
- 9.97%
CCAP vs. QYLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
CCAP Crescent Capital BDC, Inc. | -17.50% | -17.51% | 23.51% | 52.61% | -17.99% | 32.51% | 0.98% |
QYLD Global X NASDAQ 100 Covered Call ETF | 7.65% | 9.28% | 19.35% | 22.77% | -19.08% | 10.41% | 8.28% |
Correlation
The correlation between CCAP and QYLD is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Feb 3, 2020 | 0.25 |
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
CCAP vs. QYLD — Risk / Return Rank
CCAP
QYLD
CCAP vs. QYLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Crescent Capital BDC, Inc. (CCAP) 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.
| CCAP | QYLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.68 | ||
| Sortino ratioReturn per unit of downside risk | -3.60 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.50 | -0.55 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | 4.37 | -4.84 |
| Martin ratioReturn relative to average drawdown | -1.05 | 24.01 | -25.06 |
Loading charts...
Drawdowns
CCAP vs. QYLD - Drawdown Comparison
The maximum CCAP drawdown since its inception was -63.68%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for CCAP and QYLD.
Loading charts...
Drawdown Indicators
| CCAP | QYLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.68% | -24.75% | -38.93% |
Max Drawdown (1Y)Largest decline over 1 year | -23.77% | -4.97% | -18.80% |
Max Drawdown (3Y)Largest decline over 3 years | -35.30% | -19.06% | -16.24% |
Max Drawdown (5Y)Largest decline over 5 years | -35.30% | -24.61% | -10.69% |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.75% | — |
Current DrawdownCurrent decline from peak | -34.60% | -2.32% | -32.28% |
Average DrawdownAverage peak-to-trough decline | -12.96% | -3.82% | -9.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.62% | 0.90% | +9.72% |
Volatility
CCAP vs. QYLD - Volatility Comparison
Crescent Capital BDC, Inc. (CCAP) has a higher volatility of 7.46% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 4.79%. This indicates that CCAP'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
| CCAP | QYLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.46% | 4.79% | +2.67% |
Volatility (6M)Calculated over the trailing 6-month period | 20.65% | 8.45% | +12.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.46% | 9.69% | +15.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.26% | 14.84% | +7.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.85% | 15.55% | +18.30% |
Dividends
CCAP vs. QYLD - Dividend Comparison
CCAP's dividend yield for the trailing twelve months is around 15.76%, more than QYLD's 11.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCAP Crescent Capital BDC, Inc. | 15.76% | 13.02% | 10.61% | 10.41% | 14.83% | 9.63% | 11.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QYLD Global X NASDAQ 100 Covered Call ETF | 11.71% | 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
CCAP and QYLD have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CCAP has higher volatility (7.46%) compared to QYLD (4.79%). In terms of maximum drawdown, CCAP dropped -63.68% vs QYLD's -24.75%.
QYLD currently has the higher Sharpe Ratio (2.24 vs -0.44), 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 CCAP 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