CQP vs. SPYI
Compare and contrast key facts about Cheniere Energy Partners, L.P. (CQP) and NEOS S&P 500 High Income ETF (SPYI).
SPYI is an actively managed fund by Neos Investments. It was launched on Aug 29, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CQP or SPYI.
Correlation
The correlation between CQP and SPYI is 0.23, 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
CQP vs. SPYI - Performance Comparison
Key characteristics
CQP:
1.16
SPYI:
1.94
CQP:
1.78
SPYI:
2.57
CQP:
1.20
SPYI:
1.40
CQP:
1.30
SPYI:
2.92
CQP:
4.55
SPYI:
13.38
CQP:
6.79%
SPYI:
1.44%
CQP:
26.61%
SPYI:
9.96%
CQP:
-78.46%
SPYI:
-10.19%
CQP:
-2.91%
SPYI:
0.00%
Returns By Period
In the year-to-date period, CQP achieves a 19.12% return, which is significantly higher than SPYI's 3.77% return.
CQP
19.12%
1.83%
31.34%
27.74%
19.52%
14.73%
SPYI
3.77%
2.04%
8.71%
18.38%
N/A
N/A
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Risk-Adjusted Performance
CQP vs. SPYI — Risk-Adjusted Performance Rank
CQP
SPYI
CQP vs. SPYI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cheniere Energy Partners, L.P. (CQP) and NEOS S&P 500 High Income ETF (SPYI). 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
CQP vs. SPYI - Dividend Comparison
CQP's dividend yield for the trailing twelve months is around 5.20%, less than SPYI's 11.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CQP Cheniere Energy Partners, L.P. | 5.20% | 6.52% | 8.36% | 6.82% | 6.30% | 7.28% | 6.08% | 6.07% | 5.79% | 5.90% | 6.52% | 5.31% |
SPYI NEOS S&P 500 High Income ETF | 11.77% | 12.04% | 12.01% | 4.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CQP vs. SPYI - Drawdown Comparison
The maximum CQP drawdown since its inception was -78.46%, which is greater than SPYI's maximum drawdown of -10.19%. Use the drawdown chart below to compare losses from any high point for CQP and SPYI. For additional features, visit the drawdowns tool.
Volatility
CQP vs. SPYI - Volatility Comparison
Cheniere Energy Partners, L.P. (CQP) has a higher volatility of 12.68% compared to NEOS S&P 500 High Income ETF (SPYI) at 2.10%. This indicates that CQP's price experiences larger fluctuations and is considered to be riskier than SPYI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.