HYLD vs. QYLG
Compare and contrast key facts about High Yield ETF (HYLD) and Global X Nasdaq 100 Covered Call & Growth ETF (QYLG).
HYLD and QYLG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HYLD is an actively managed fund by Eve Capital. It was launched on Nov 30, 2010. QYLG is a passively managed fund by Global X that tracks the performance of the CBOE Nasdaq-100 BuyWrite V2 Index. It was launched on Sep 18, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HYLD or QYLG.
Correlation
The correlation between HYLD and QYLG is 0.27, 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
HYLD vs. QYLG - Performance Comparison
Key characteristics
Returns By Period
HYLD
N/A
N/A
N/A
N/A
N/A
N/A
QYLG
23.18%
3.07%
9.88%
23.88%
N/A
N/A
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HYLD vs. QYLG - Expense Ratio Comparison
HYLD has a 1.29% expense ratio, which is higher than QYLG's 0.60% expense ratio.
Risk-Adjusted Performance
HYLD vs. QYLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for High Yield ETF (HYLD) and Global X Nasdaq 100 Covered Call & Growth ETF (QYLG). 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
HYLD vs. QYLG - Dividend Comparison
HYLD has not paid dividends to shareholders, while QYLG's dividend yield for the trailing twelve months is around 5.79%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
High Yield ETF | 0.00% | 8.59% | 7.86% | 6.75% | 7.52% | 7.46% | 7.97% | 7.18% | 6.59% | 10.87% | 9.88% | 7.96% |
Global X Nasdaq 100 Covered Call & Growth ETF | 5.79% | 5.43% | 6.90% | 15.19% | 1.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HYLD vs. QYLG - Drawdown Comparison
Volatility
HYLD vs. QYLG - Volatility Comparison
The current volatility for High Yield ETF (HYLD) is 0.00%, while Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) has a volatility of 3.09%. This indicates that HYLD experiences smaller price fluctuations and is considered to be less risky than QYLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.