CET vs. XYLG
Compare and contrast key facts about Central Securities Corp. (CET) and Global X S&P 500 Covered Call & Growth ETF (XYLG).
XYLG is a passively managed fund by Global X that tracks the performance of the CBOE S&P 500 BuyWrite Index. It was launched on Sep 18, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CET or XYLG.
Key characteristics
CET | XYLG | |
---|---|---|
YTD Return | 21.23% | 15.79% |
1Y Return | 32.36% | 20.78% |
3Y Return (Ann) | 10.16% | 7.46% |
Sharpe Ratio | 3.11 | 2.14 |
Daily Std Dev | 10.51% | 9.76% |
Max Drawdown | -56.66% | -21.31% |
Current Drawdown | -0.74% | 0.00% |
Correlation
The correlation between CET and XYLG is 0.73, 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
CET vs. XYLG - Performance Comparison
In the year-to-date period, CET achieves a 21.23% return, which is significantly higher than XYLG's 15.79% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CET vs. XYLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Central Securities Corp. (CET) and Global X S&P 500 Covered Call & Growth ETF (XYLG). 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
CET vs. XYLG - Dividend Comparison
CET's dividend yield for the trailing twelve months is around 4.18%, more than XYLG's 4.00% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Central Securities Corp. | 4.18% | 4.90% | 8.83% | 8.41% | 2.60% | 1.72% | 5.84% | 3.65% | 4.50% | 1.52% | 7.97% | 17.03% |
Global X S&P 500 Covered Call & Growth ETF | 4.00% | 5.37% | 6.44% | 7.40% | 1.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CET vs. XYLG - Drawdown Comparison
The maximum CET drawdown since its inception was -56.66%, which is greater than XYLG's maximum drawdown of -21.31%. Use the drawdown chart below to compare losses from any high point for CET and XYLG. For additional features, visit the drawdowns tool.
Volatility
CET vs. XYLG - Volatility Comparison
The current volatility for Central Securities Corp. (CET) is 2.55%, while Global X S&P 500 Covered Call & Growth ETF (XYLG) has a volatility of 2.99%. This indicates that CET experiences smaller price fluctuations and is considered to be less risky than XYLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.