Correlation
The correlation between CPLP and QYLD is 0.32, 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.
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.
Performance
CPLP vs. QYLD - Performance Comparison
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Key characteristics
Returns By Period
CPLP
N/A
N/A
N/A
N/A
N/A
N/A
N/A
QYLD
-5.59%
1.45%
-3.85%
6.38%
9.43%
7.91%
7.67%
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Risk-Adjusted Performance
CPLP vs. QYLD — Risk-Adjusted Performance Rank
CPLP
QYLD
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.
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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 13.78%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CPLP Capital Product Partners L.P. | 0.89% | 2.68% | 4.23% | 4.40% | 2.48% | 11.08% | 9.38% | 27.30% | 16.98% | 25.99% | 30.43% | 20.73% |
QYLD Global X NASDAQ 100 Covered Call ETF | 13.78% | 12.50% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% |
Drawdowns
CPLP vs. QYLD - Drawdown Comparison
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Volatility
CPLP vs. QYLD - Volatility Comparison
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