FIGS vs. QYLD
Compare and contrast key facts about FIGS, Inc. (FIGS) 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: FIGS or QYLD.
Key characteristics
| FIGS | QYLD | |
|---|---|---|
| YTD Return | -25.90% | 5.78% |
| 1Y Return | -34.89% | 14.00% |
| Sharpe Ratio | -0.66 | 1.71 |
| Daily Std Dev | 54.02% | 8.12% |
| Max Drawdown | -91.08% | -24.89% |
| Current Drawdown | -89.72% | -1.34% |
Correlation
The correlation between FIGS and QYLD is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FIGS vs. QYLD - Performance Comparison
In the year-to-date period, FIGS achieves a -25.90% return, which is significantly lower than QYLD's 5.78% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
FIGS vs. QYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FIGS, Inc. (FIGS) 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.
Dividends
FIGS vs. QYLD - Dividend Comparison
FIGS has not paid dividends to shareholders, while QYLD's dividend yield for the trailing twelve months is around 11.75%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FIGS FIGS, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QYLD Global X NASDAQ 100 Covered Call ETF | 11.75% | 11.78% | 13.26% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% |
Drawdowns
FIGS vs. QYLD - Drawdown Comparison
The maximum FIGS drawdown since its inception was -91.08%, which is greater than QYLD's maximum drawdown of -24.89%. Use the drawdown chart below to compare losses from any high point for FIGS and QYLD. For additional features, visit the drawdowns tool.
Volatility
FIGS vs. QYLD - Volatility Comparison
FIGS, Inc. (FIGS) has a higher volatility of 10.64% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 2.83%. This indicates that FIGS'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.