GIAX vs. XPAY
Compare and contrast key facts about Nicholas Global Equity and Income ETF (GIAX) and Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY).
GIAX and XPAY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GIAX is an actively managed fund by Nicholas Wealth Management. It was launched on Jul 29, 2024. XPAY is an actively managed fund by Roundhill. It was launched on Oct 30, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GIAX or XPAY.
Correlation
The correlation between GIAX and XPAY is 0.89, 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
GIAX vs. XPAY - Performance Comparison
Key characteristics
GIAX:
21.88%
XPAY:
24.15%
GIAX:
-20.38%
XPAY:
-18.20%
GIAX:
-9.25%
XPAY:
-9.78%
Returns By Period
In the year-to-date period, GIAX achieves a -5.08% return, which is significantly higher than XPAY's -5.94% return.
GIAX
-5.08%
-0.66%
-5.47%
N/A
N/A
N/A
XPAY
-5.94%
-3.16%
N/A
N/A
N/A
N/A
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GIAX vs. XPAY - Expense Ratio Comparison
GIAX has a 0.97% expense ratio, which is higher than XPAY's 0.49% expense ratio.
Risk-Adjusted Performance
GIAX vs. XPAY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nicholas Global Equity and Income ETF (GIAX) and Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY). 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.
Not enough dataDividends
GIAX vs. XPAY - Dividend Comparison
GIAX's dividend yield for the trailing twelve months is around 18.44%, more than XPAY's 11.50% yield.
| TTM | 2024 | |
|---|---|---|
GIAX Nicholas Global Equity and Income ETF | 18.44% | 10.58% |
XPAY Roundhill S&P 500 Target 20 Managed Distribution ETF | 11.50% | 3.40% |
Drawdowns
GIAX vs. XPAY - Drawdown Comparison
The maximum GIAX drawdown since its inception was -20.38%, which is greater than XPAY's maximum drawdown of -18.20%. Use the drawdown chart below to compare losses from any high point for GIAX and XPAY. For additional features, visit the drawdowns tool.
Volatility
GIAX vs. XPAY - Volatility Comparison
Nicholas Global Equity and Income ETF (GIAX) and Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY) have volatilities of 14.12% and 13.94%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.