GOBSX vs. QYLD
Compare and contrast key facts about BrandywineGLOBAL - Global Opportunities Bond Fund (GOBSX) and Global X NASDAQ 100 Covered Call ETF (QYLD).
GOBSX is managed by Legg Mason. It was launched on Oct 31, 2006. 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: GOBSX or QYLD.
Correlation
The correlation between GOBSX and QYLD is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GOBSX vs. QYLD - Performance Comparison
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Key characteristics
GOBSX:
0.65
QYLD:
0.30
GOBSX:
1.00
QYLD:
0.57
GOBSX:
1.11
QYLD:
1.10
GOBSX:
0.22
QYLD:
0.30
GOBSX:
0.90
QYLD:
1.14
GOBSX:
5.72%
QYLD:
5.06%
GOBSX:
8.26%
QYLD:
19.08%
GOBSX:
-29.04%
QYLD:
-24.75%
GOBSX:
-15.78%
QYLD:
-10.36%
Returns By Period
In the year-to-date period, GOBSX achieves a 8.72% return, which is significantly higher than QYLD's -6.31% return. Over the past 10 years, GOBSX has underperformed QYLD with an annualized return of 0.83%, while QYLD has yielded a comparatively higher 7.59% annualized return.
GOBSX
8.72%
2.45%
3.66%
5.66%
0.83%
0.83%
QYLD
-6.31%
3.62%
-5.29%
5.53%
8.24%
7.59%
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GOBSX vs. QYLD - Expense Ratio Comparison
GOBSX has a 0.56% expense ratio, which is lower than QYLD's 0.60% expense ratio.
Risk-Adjusted Performance
GOBSX vs. QYLD — Risk-Adjusted Performance Rank
GOBSX
QYLD
GOBSX vs. QYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BrandywineGLOBAL - Global Opportunities Bond Fund (GOBSX) 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
GOBSX vs. QYLD - Dividend Comparison
GOBSX's dividend yield for the trailing twelve months is around 4.61%, less than QYLD's 13.73% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOBSX BrandywineGLOBAL - Global Opportunities Bond Fund | 4.61% | 3.80% | 0.09% | 6.70% | 2.30% | 0.31% | 1.56% | 3.83% | 2.44% | 0.00% | 2.27% | 4.73% |
QYLD Global X NASDAQ 100 Covered Call ETF | 13.73% | 12.50% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% |
Drawdowns
GOBSX vs. QYLD - Drawdown Comparison
The maximum GOBSX drawdown since its inception was -29.04%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for GOBSX and QYLD. For additional features, visit the drawdowns tool.
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Volatility
GOBSX vs. QYLD - Volatility Comparison
The current volatility for BrandywineGLOBAL - Global Opportunities Bond Fund (GOBSX) is 2.60%, while Global X NASDAQ 100 Covered Call ETF (QYLD) has a volatility of 5.82%. This indicates that GOBSX experiences smaller price fluctuations and is considered to be less risky than QYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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