CLPAX vs. QYLD
Compare and contrast key facts about Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) and Global X NASDAQ 100 Covered Call ETF (QYLD).
CLPAX is managed by Catalyst Mutual Funds. It was launched on Dec 30, 2013. 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: CLPAX or QYLD.
Correlation
The correlation between CLPAX and QYLD 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
CLPAX vs. QYLD - Performance Comparison
Key characteristics
CLPAX:
0.99
QYLD:
1.81
CLPAX:
1.44
QYLD:
2.49
CLPAX:
1.18
QYLD:
1.42
CLPAX:
1.16
QYLD:
2.51
CLPAX:
4.13
QYLD:
13.32
CLPAX:
3.37%
QYLD:
1.46%
CLPAX:
14.05%
QYLD:
10.73%
CLPAX:
-36.85%
QYLD:
-24.75%
CLPAX:
0.00%
QYLD:
0.00%
Returns By Period
In the year-to-date period, CLPAX achieves a 5.36% return, which is significantly higher than QYLD's 4.29% return. Over the past 10 years, CLPAX has underperformed QYLD with an annualized return of 1.26%, while QYLD has yielded a comparatively higher 8.96% annualized return.
CLPAX
5.36%
2.91%
8.77%
15.42%
4.63%
1.26%
QYLD
4.29%
2.27%
11.73%
20.61%
7.96%
8.96%
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CLPAX vs. QYLD - Expense Ratio Comparison
CLPAX has a 1.74% expense ratio, which is higher than QYLD's 0.60% expense ratio.
Risk-Adjusted Performance
CLPAX vs. QYLD — Risk-Adjusted Performance Rank
CLPAX
QYLD
CLPAX vs. QYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) 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
CLPAX vs. QYLD - Dividend Comparison
CLPAX has not paid dividends to shareholders, while QYLD's dividend yield for the trailing twelve months is around 11.21%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLPAX Catalyst Nasdaq-100 Hedged Equity Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.08% | 0.29% | 0.02% | 0.00% | 0.00% | 0.00% |
QYLD Global X NASDAQ 100 Covered Call ETF | 11.21% | 12.50% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% |
Drawdowns
CLPAX vs. QYLD - Drawdown Comparison
The maximum CLPAX drawdown since its inception was -36.85%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for CLPAX and QYLD. For additional features, visit the drawdowns tool.
Volatility
CLPAX vs. QYLD - Volatility Comparison
Catalyst Nasdaq-100 Hedged Equity Fund (CLPAX) has a higher volatility of 4.76% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 2.27%. This indicates that CLPAX'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.