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 | 30.49% | 21.40% |
| 1Y Return | 40.18% | 27.91% |
| 3Y Return (Ann) | 10.59% | 7.60% |
| Sharpe Ratio | 3.93 | 3.04 |
| Sortino Ratio | 5.44 | 4.12 |
| Omega Ratio | 1.71 | 1.63 |
| Calmar Ratio | 4.17 | 3.92 |
| Martin Ratio | 28.46 | 20.73 |
| Ulcer Index | 1.41% | 1.35% |
| Daily Std Dev | 10.23% | 9.23% |
| Max Drawdown | -56.66% | -21.30% |
| Current Drawdown | -0.18% | -0.31% |
Correlation
The correlation between CET and XYLG is 0.72, 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 30.49% return, which is significantly higher than XYLG's 21.40% 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 0.52%, less than XYLG's 4.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CET Central Securities Corp. | 0.52% | 4.90% | 8.83% | 8.41% | 2.60% | 1.72% | 5.84% | 3.65% | 4.50% | 1.52% | 7.97% | 17.03% |
XYLG Global X S&P 500 Covered Call & Growth ETF | 4.28% | 5.38% | 6.44% | 7.41% | 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 -21.30%. 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
Central Securities Corp. (CET) has a higher volatility of 3.86% compared to Global X S&P 500 Covered Call & Growth ETF (XYLG) at 3.13%. This indicates that CET's price experiences larger fluctuations and is considered to be riskier than XYLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.