ECCX vs. XYLD
Compare and contrast key facts about Eagle Point Credit Company Inc. 6.6875% NT 28 (ECCX) 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: ECCX or XYLD.
Correlation
The correlation between ECCX and XYLD is 0.10, 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
ECCX vs. XYLD - Performance Comparison
Key characteristics
ECCX:
1.32
XYLD:
2.74
ECCX:
2.00
XYLD:
3.82
ECCX:
1.24
XYLD:
1.69
ECCX:
3.62
XYLD:
3.89
ECCX:
10.89
XYLD:
25.17
ECCX:
0.84%
XYLD:
0.80%
ECCX:
6.93%
XYLD:
7.37%
ECCX:
-37.68%
XYLD:
-33.46%
ECCX:
-1.00%
XYLD:
0.00%
Returns By Period
In the year-to-date period, ECCX achieves a 2.18% return, which is significantly lower than XYLD's 3.27% return.
ECCX
2.18%
0.81%
3.78%
9.01%
6.01%
N/A
XYLD
3.27%
1.86%
11.39%
20.71%
6.91%
7.37%
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Risk-Adjusted Performance
ECCX vs. XYLD — Risk-Adjusted Performance Rank
ECCX
XYLD
ECCX vs. XYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eagle Point Credit Company Inc. 6.6875% NT 28 (ECCX) 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
ECCX vs. XYLD - Dividend Comparison
ECCX's dividend yield for the trailing twelve months is around 6.73%, less than XYLD's 10.71% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ECCX Eagle Point Credit Company Inc. 6.6875% NT 28 | 6.73% | 6.87% | 6.95% | 6.92% | 6.60% | 6.69% | 6.50% | 4.76% | 0.00% | 0.00% | 0.00% | 0.00% |
XYLD Global X S&P 500 Covered Call ETF | 10.71% | 11.55% | 10.51% | 13.44% | 9.08% | 7.93% | 5.76% | 7.12% | 5.17% | 3.24% | 4.65% | 4.15% |
Drawdowns
ECCX vs. XYLD - Drawdown Comparison
The maximum ECCX drawdown since its inception was -37.68%, which is greater than XYLD's maximum drawdown of -33.46%. Use the drawdown chart below to compare losses from any high point for ECCX and XYLD. For additional features, visit the drawdowns tool.
Volatility
ECCX vs. XYLD - Volatility Comparison
Eagle Point Credit Company Inc. 6.6875% NT 28 (ECCX) has a higher volatility of 2.23% compared to Global X S&P 500 Covered Call ETF (XYLD) at 1.42%. This indicates that ECCX'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.