ECCC vs. XYLD
Compare and contrast key facts about Eagle Point Credit Company Inc. (ECCC) and Global X S&P 500 Covered Call ETF (XYLD).
XYLD is a passively managed fund by Global X that tracks the performance of the CBOE S&P 500 2% OTM BuyWrite Index. It was launched on Jun 24, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ECCC or XYLD.
Correlation
The correlation between ECCC and XYLD is 0.15, 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
ECCC vs. XYLD - Performance Comparison
Key characteristics
ECCC:
1.82
XYLD:
2.85
ECCC:
2.73
XYLD:
3.95
ECCC:
1.36
XYLD:
1.77
ECCC:
2.91
XYLD:
3.90
ECCC:
12.41
XYLD:
25.62
ECCC:
1.09%
XYLD:
0.79%
ECCC:
7.45%
XYLD:
7.10%
ECCC:
-19.16%
XYLD:
-33.46%
ECCC:
-4.65%
XYLD:
0.00%
Returns By Period
In the year-to-date period, ECCC achieves a 13.30% return, which is significantly lower than XYLD's 19.73% return.
ECCC
13.30%
-2.85%
5.88%
13.46%
N/A
N/A
XYLD
19.73%
2.88%
11.93%
20.13%
6.85%
7.09%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ECCC vs. XYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eagle Point Credit Company Inc. (ECCC) and Global X S&P 500 Covered Call ETF (XYLD). 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
ECCC vs. XYLD - Dividend Comparison
ECCC's dividend yield for the trailing twelve months is around 7.12%, less than XYLD's 9.12% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ECCC Eagle Point Credit Company Inc. | 7.12% | 7.51% | 7.93% | 3.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XYLD Global X S&P 500 Covered Call ETF | 9.12% | 10.51% | 13.44% | 9.08% | 7.93% | 5.75% | 7.12% | 4.67% | 3.24% | 4.65% | 4.15% | 2.49% |
Drawdowns
ECCC vs. XYLD - Drawdown Comparison
The maximum ECCC drawdown since its inception was -19.16%, smaller than the maximum XYLD drawdown of -33.46%. Use the drawdown chart below to compare losses from any high point for ECCC and XYLD. For additional features, visit the drawdowns tool.
Volatility
ECCC vs. XYLD - Volatility Comparison
Eagle Point Credit Company Inc. (ECCC) has a higher volatility of 2.79% compared to Global X S&P 500 Covered Call ETF (XYLD) at 1.99%. This indicates that ECCC's price experiences larger fluctuations and is considered to be riskier than XYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.