Correlation
The correlation between EVC and QYLD is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
EVC vs. QYLD
Compare and contrast key facts about Entravision Communications Corporation (EVC) 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: EVC or QYLD.
Performance
EVC vs. QYLD - Performance Comparison
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Key characteristics
EVC:
0.08
QYLD:
0.34
EVC:
0.56
QYLD:
0.56
EVC:
1.07
QYLD:
1.10
EVC:
0.07
QYLD:
0.30
EVC:
0.39
QYLD:
1.01
EVC:
15.34%
QYLD:
5.60%
EVC:
57.34%
QYLD:
19.16%
EVC:
-99.26%
QYLD:
-24.75%
EVC:
-81.43%
QYLD:
-9.67%
Returns By Period
In the year-to-date period, EVC achieves a -9.62% return, which is significantly lower than QYLD's -5.59% return. Over the past 10 years, EVC has underperformed QYLD with an annualized return of -7.25%, while QYLD has yielded a comparatively higher 7.67% annualized return.
EVC
-9.62%
13.74%
-11.16%
5.43%
-21.83%
12.16%
-7.25%
QYLD
-5.59%
1.26%
-3.85%
6.20%
9.43%
7.91%
7.67%
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Risk-Adjusted Performance
EVC vs. QYLD — Risk-Adjusted Performance Rank
EVC
QYLD
EVC vs. QYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Entravision Communications Corporation (EVC) 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
EVC vs. QYLD - Dividend Comparison
EVC's dividend yield for the trailing twelve months is around 9.66%, less than QYLD's 13.78% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EVC Entravision Communications Corporation | 9.66% | 8.51% | 4.80% | 2.08% | 1.47% | 4.55% | 7.63% | 6.87% | 2.27% | 1.79% | 1.38% | 1.54% |
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
EVC vs. QYLD - Drawdown Comparison
The maximum EVC drawdown since its inception was -99.26%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for EVC and QYLD.
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Volatility
EVC vs. QYLD - Volatility Comparison
Entravision Communications Corporation (EVC) has a higher volatility of 13.47% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 1.90%. This indicates that EVC'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.
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