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HYLD vs. QYLG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.3

Performance

HYLD vs. QYLG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in High Yield ETF (HYLD) and Global X Nasdaq 100 Covered Call & Growth ETF (QYLG). The values are adjusted to include any dividend payments, if applicable.

0.00%20.00%40.00%60.00%80.00%JulyAugustSeptemberOctoberNovemberDecember
2.50%
76.53%
HYLD
QYLG

Key characteristics

Returns By Period


HYLD

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

QYLG

YTD

23.18%

1M

3.07%

6M

9.88%

1Y

23.88%

5Y*

N/A

10Y*

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.


HYLD
High Yield ETF
Expense ratio chart for HYLD: current value at 1.29% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.29%
Expense ratio chart for QYLG: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%

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.


Sharpe ratio
No data
The chart of Calmar ratio for HYLD, currently valued at 0.00, compared to the broader market0.005.0010.0015.000.002.33
HYLD
QYLG


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-1.00
1.80
HYLD
QYLG

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%.


TTM20232022202120202019201820172016201520142013
HYLD
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%
QYLG
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


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-9.72%
-1.09%
HYLD
QYLG

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.


0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember0
3.09%
HYLD
QYLG
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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