FYLG vs. XLF
Compare and contrast key facts about Global X Financials Covered Call & Growth ETF (FYLG) and Financial Select Sector SPDR Fund (XLF).
FYLG and XLF 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. XLF is a passively managed fund by State Street that tracks the performance of the Financial Select Sector Index. It was launched on Dec 16, 1998. Both FYLG and XLF 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 XLF.
Correlation
The correlation between FYLG and XLF is 0.98, 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.
Performance
FYLG vs. XLF - Performance Comparison
Key characteristics
FYLG:
2.16
XLF:
2.30
FYLG:
3.06
XLF:
3.29
FYLG:
1.43
XLF:
1.42
FYLG:
3.71
XLF:
4.47
FYLG:
15.16
XLF:
15.00
FYLG:
1.56%
XLF:
2.15%
FYLG:
10.94%
XLF:
14.05%
FYLG:
-14.47%
XLF:
-82.43%
FYLG:
-4.08%
XLF:
-5.98%
Returns By Period
In the year-to-date period, FYLG achieves a 21.61% return, which is significantly lower than XLF's 29.84% return.
FYLG
21.61%
-1.43%
12.93%
22.67%
N/A
N/A
XLF
29.84%
-2.86%
17.23%
32.30%
11.58%
13.63%
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FYLG vs. XLF - Expense Ratio Comparison
FYLG has a 0.60% expense ratio, which is higher than XLF's 0.13% expense ratio.
Risk-Adjusted Performance
FYLG vs. XLF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Financials Covered Call & Growth ETF (FYLG) and Financial Select Sector SPDR Fund (XLF). 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. XLF - Dividend Comparison
FYLG's dividend yield for the trailing twelve months is around 4.94%, more than XLF's 1.00% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FYLG Global X Financials Covered Call & Growth ETF | 4.94% | 5.23% | 0.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLF Financial Select Sector SPDR Fund | 1.00% | 1.71% | 2.04% | 1.63% | 2.03% | 1.86% | 2.09% | 1.48% | 1.63% | 2.40% | 1.98% | 1.81% |
Drawdowns
FYLG vs. XLF - Drawdown Comparison
The maximum FYLG drawdown since its inception was -14.47%, smaller than the maximum XLF drawdown of -82.43%. Use the drawdown chart below to compare losses from any high point for FYLG and XLF. For additional features, visit the drawdowns tool.
Volatility
FYLG vs. XLF - Volatility Comparison
The current volatility for Global X Financials Covered Call & Growth ETF (FYLG) is 4.11%, while Financial Select Sector SPDR Fund (XLF) has a volatility of 4.33%. This indicates that FYLG experiences smaller price fluctuations and is considered to be less risky than XLF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.