ECC vs. QYLD

Last updated Jun 20, 2026

ECC (Eagle Point Credit Company Inc) is a stock, while QYLD (Global X NASDAQ 100 Covered Call ETF) is Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2. Over the past 10 years, ECC returned 4.64%/yr vs 10.07%/yr for QYLD. At a 0.22 correlation, their price movements are largely independent.

Performance

ECC vs. QYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eagle Point Credit Company Inc (ECC) and Global X NASDAQ 100 Covered Call ETF (QYLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ECC achieves a -4.62% return, which is significantly lower than QYLD's 10.20% return. Over the past 10 years, ECC has underperformed QYLD with an annualized return of 4.64%, while QYLD has yielded a comparatively higher 10.07% annualized return.

ECC

• 1D: 1.39%
• 1M: 20.35%
• YTD: -4.62%
• 6M: -3.95%
• 1Y: -17.04%
• 3Y*: -4.04%
• 5Y*: -0.77%
• 10Y*: 4.64%

QYLD

• 1D: 2.43%
• 1M: 4.04%
• YTD: 10.20%
• 6M: 10.75%
• 1Y: 25.53%
• 3Y*: 14.59%
• 5Y*: 8.95%
• 10Y*: 10.07%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ECC vs. QYLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ECC Eagle Point Credit Company Inc	-4.62%	-18.45%	11.77%	12.11%	-11.71%	56.78%	-21.00%	18.80%	-13.72%	27.02%
QYLD Global X NASDAQ 100 Covered Call ETF	10.20%	9.28%	19.35%	22.77%	-19.08%	10.41%	8.72%	22.69%	-3.07%	18.79%

Correlation

The correlation between ECC and QYLD is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.28
Correlation (10Y) Calculated over the trailing 10-year period	0.25
Correlation (All Time) Calculated using the full available price history since Oct 8, 2014	0.22

Return for Risk

ECC vs. QYLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ECC

ECC Risk / Return Rank: 26
ECC Sharpe Ratio Rank: 25
ECC Sortino Ratio Rank: 23
ECC Omega Ratio Rank: 23
ECC Calmar Ratio Rank: 29
ECC Martin Ratio Rank: 29

QYLD

QYLD Risk / Return Rank: 91
QYLD Sharpe Ratio Rank: 87
QYLD Sortino Ratio Rank: 89
QYLD Omega Ratio Rank: 93
QYLD Calmar Ratio Rank: 90
QYLD Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ECC vs. QYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eagle Point Credit Company Inc (ECC) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ECC	QYLD	Difference
Sharpe ratio: Return per unit of total volatility	-0.39	2.70	-3.09
Sortino ratio: Return per unit of downside risk	-0.37	3.84	-4.20
Omega ratio: Gain probability vs. loss probability	0.96	1.60	-0.65
Calmar ratio: Return relative to maximum drawdown	-0.37	5.16	-5.53
Martin ratio: Return relative to average drawdown	-0.68	29.06	-29.74

ECC vs. QYLD - Sharpe Ratio Comparison

The current ECC Sharpe Ratio is -0.39, which is lower than the QYLD Sharpe Ratio of 2.70. The chart below compares the historical Sharpe Ratios of ECC and QYLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ECC vs. QYLD - Drawdown Comparison

The maximum ECC drawdown since its inception was -70.79%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for ECC and QYLD.

Drawdown Indicators

	ECC	QYLD	Difference
Max Drawdown Largest peak-to-trough decline	-70.79%	-24.75%	-46.04%
Max Drawdown (1Y) Largest decline over 1 year	-45.79%	-4.97%	-40.82%
Max Drawdown (3Y) Largest decline over 3 years	-49.65%	-19.06%	-30.59%
Max Drawdown (5Y) Largest decline over 5 years	-49.65%	-24.61%	-25.04%
Max Drawdown (10Y) Largest decline over 10 years	-70.79%	-24.75%	-46.04%
Current Drawdown Current decline from peak	-27.67%	0.00%	-27.67%
Average Drawdown Average peak-to-trough decline	-12.99%	-3.83%	-9.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.04%	0.88%	+24.16%

Volatility

ECC vs. QYLD - Volatility Comparison

Eagle Point Credit Company Inc (ECC) has a higher volatility of 25.08% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 4.30%. This indicates that ECC'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.

Volatility by Period

	ECC	QYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.08%	4.30%	+20.78%
Volatility (6M) Calculated over the trailing 6-month period	35.38%	8.24%	+27.14%
Volatility (1Y) Calculated over the trailing 1-year period	44.08%	9.49%	+34.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.14%	14.81%	+12.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.37%	15.54%	+21.83%

Dividends

ECC vs. QYLD - Dividend Comparison

ECC's dividend yield for the trailing twelve months is around 65.46%, more than QYLD's 11.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ECC Eagle Point Credit Company Inc	65.46%	29.17%	20.05%	19.58%	23.42%	11.71%	13.08%	16.43%	16.89%	13.02%	14.36%	14.61%
QYLD Global X NASDAQ 100 Covered Call ETF	11.22%	11.55%	12.50%	11.78%	13.75%	12.85%	11.16%	9.84%	12.44%	7.69%	9.15%	9.42%

Frequently Asked Questions

Can I hold both ECC and QYLD in my portfolio?

ECC and QYLD have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ECC or QYLD?

ECC has higher volatility (25.08%) compared to QYLD (4.30%). In terms of maximum drawdown, ECC dropped -70.79% vs QYLD's -24.75%.

Which has better risk-adjusted returns?

QYLD currently has the higher Sharpe Ratio (2.70 vs -0.39), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.