FYLG vs. VOO
Compare and contrast key facts about Global X Financials Covered Call & Growth ETF (FYLG) and Vanguard S&P 500 ETF (VOO).
FYLG and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FYLG is a passively managed fund by Global X that tracks the performance of the Cboe S&P Financials Select Sector Half BuyWrite Index - Benchmark TR Gross. It was launched on Nov 21, 2022. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both FYLG and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FYLG or VOO.
Correlation
The correlation between FYLG and VOO is 0.68, 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
FYLG vs. VOO - Performance Comparison
Key characteristics
FYLG:
2.19
VOO:
1.81
FYLG:
3.10
VOO:
2.44
FYLG:
1.44
VOO:
1.33
FYLG:
3.89
VOO:
2.73
FYLG:
13.78
VOO:
11.42
FYLG:
1.79%
VOO:
2.02%
FYLG:
11.32%
VOO:
12.79%
FYLG:
-14.47%
VOO:
-33.99%
FYLG:
-0.64%
VOO:
-0.81%
Returns By Period
In the year-to-date period, FYLG achieves a 4.96% return, which is significantly higher than VOO's 3.22% return.
FYLG
4.96%
6.35%
17.79%
24.70%
N/A
N/A
VOO
3.22%
4.17%
14.20%
22.31%
14.22%
13.24%
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FYLG vs. VOO - Expense Ratio Comparison
FYLG has a 0.60% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
FYLG vs. VOO — Risk-Adjusted Performance Rank
FYLG
VOO
FYLG vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Financials Covered Call & Growth ETF (FYLG) and Vanguard S&P 500 ETF (VOO). 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
FYLG vs. VOO - Dividend Comparison
FYLG's dividend yield for the trailing twelve months is around 5.07%, more than VOO's 1.21% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FYLG Global X Financials Covered Call & Growth ETF | 5.07% | 5.32% | 5.23% | 0.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.21% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
FYLG vs. VOO - Drawdown Comparison
The maximum FYLG drawdown since its inception was -14.47%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FYLG and VOO. For additional features, visit the drawdowns tool.
Volatility
FYLG vs. VOO - Volatility Comparison
The current volatility for Global X Financials Covered Call & Growth ETF (FYLG) is 3.18%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.82%. This indicates that FYLG experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.