GSBD vs. QYLD
Compare and contrast key facts about Goldman Sachs BDC, Inc. (GSBD) 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: GSBD or QYLD.
Correlation
The correlation between GSBD 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
GSBD vs. QYLD - Performance Comparison
Key characteristics
GSBD:
-0.33
QYLD:
1.97
GSBD:
-0.34
QYLD:
2.69
GSBD:
0.96
QYLD:
1.48
GSBD:
-0.28
QYLD:
2.65
GSBD:
-0.61
QYLD:
14.19
GSBD:
7.51%
QYLD:
1.45%
GSBD:
14.12%
QYLD:
10.40%
GSBD:
-62.67%
QYLD:
-24.75%
GSBD:
-14.92%
QYLD:
0.00%
Returns By Period
In the year-to-date period, GSBD achieves a -3.96% return, which is significantly lower than QYLD's 19.32% return.
GSBD
-3.96%
-0.08%
-12.63%
-5.40%
0.73%
N/A
QYLD
19.32%
3.00%
10.81%
19.98%
7.37%
8.52%
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Risk-Adjusted Performance
GSBD vs. QYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs BDC, Inc. (GSBD) 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
GSBD vs. QYLD - Dividend Comparison
GSBD's dividend yield for the trailing twelve months is around 14.01%, more than QYLD's 11.35% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
GSBD Goldman Sachs BDC, Inc. | 14.01% | 12.29% | 13.12% | 10.18% | 9.41% | 8.46% | 9.79% | 8.12% | 7.65% | 9.45% | 0.00% |
QYLD Global X NASDAQ 100 Covered Call ETF | 11.35% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% |
Drawdowns
GSBD vs. QYLD - Drawdown Comparison
The maximum GSBD drawdown since its inception was -62.67%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for GSBD and QYLD. For additional features, visit the drawdowns tool.
Volatility
GSBD vs. QYLD - Volatility Comparison
Goldman Sachs BDC, Inc. (GSBD) has a higher volatility of 3.99% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 1.64%. This indicates that GSBD'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.