CPLP vs. QYLD
Compare and contrast key facts about Capital Product Partners L.P. (CPLP) 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: CPLP or QYLD.
Correlation
The correlation between CPLP and QYLD is 0.25, 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
CPLP vs. QYLD - Performance Comparison
Key characteristics
Returns By Period
CPLP
N/A
N/A
N/A
N/A
N/A
N/A
QYLD
19.32%
3.00%
10.81%
19.98%
7.37%
8.52%
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Risk-Adjusted Performance
CPLP vs. QYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Product Partners L.P. (CPLP) 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
CPLP vs. QYLD - Dividend Comparison
CPLP has not paid dividends to shareholders, while QYLD's dividend yield for the trailing twelve months is around 11.35%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Capital Product Partners L.P. | 2.68% | 4.23% | 4.40% | 2.48% | 11.08% | 9.38% | 27.30% | 16.98% | 25.99% | 30.43% | 20.73% | 15.84% |
Global X NASDAQ 100 Covered Call ETF | 11.35% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% | 0.00% |
Drawdowns
CPLP vs. QYLD - Drawdown Comparison
Volatility
CPLP vs. QYLD - Volatility Comparison
The current volatility for Capital Product Partners L.P. (CPLP) is 0.00%, while Global X NASDAQ 100 Covered Call ETF (QYLD) has a volatility of 1.64%. This indicates that CPLP experiences smaller price fluctuations and is considered to be less risky than QYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.