IDIVX vs. RYLD
Compare and contrast key facts about Integrity Dividend Harvest Fund (IDIVX) and Global X Russell 2000 Covered Call ETF (RYLD).
IDIVX is managed by IntegrityVikingFunds. It was launched on May 1, 2012. RYLD is a passively managed fund by Global X that tracks the performance of the CBOE Russell 2000 BuyWrite Index. It was launched on Apr 17, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IDIVX or RYLD.
Performance
IDIVX vs. RYLD - Performance Comparison
Returns By Period
In the year-to-date period, IDIVX achieves a 23.39% return, which is significantly higher than RYLD's 10.29% return.
IDIVX
23.39%
0.28%
12.67%
31.61%
9.86%
7.49%
RYLD
10.29%
3.33%
8.79%
13.01%
3.58%
N/A
Key characteristics
| IDIVX | RYLD | |
|---|---|---|
| Sharpe Ratio | 3.13 | 1.31 |
| Sortino Ratio | 4.35 | 1.89 |
| Omega Ratio | 1.56 | 1.26 |
| Calmar Ratio | 5.47 | 0.75 |
| Martin Ratio | 23.32 | 7.85 |
| Ulcer Index | 1.37% | 1.70% |
| Daily Std Dev | 10.20% | 10.18% |
| Max Drawdown | -33.38% | -41.52% |
| Current Drawdown | -0.97% | -6.54% |
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IDIVX vs. RYLD - Expense Ratio Comparison
IDIVX has a 0.95% expense ratio, which is higher than RYLD's 0.60% expense ratio.
Correlation
The correlation between IDIVX and RYLD is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
IDIVX vs. RYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Integrity Dividend Harvest Fund (IDIVX) and Global X Russell 2000 Covered Call ETF (RYLD). 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
IDIVX vs. RYLD - Dividend Comparison
IDIVX's dividend yield for the trailing twelve months is around 2.68%, less than RYLD's 11.90% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDIVX Integrity Dividend Harvest Fund | 2.68% | 3.13% | 3.08% | 2.94% | 3.42% | 3.21% | 3.44% | 2.81% | 2.71% | 3.05% | 2.82% | 2.82% |
RYLD Global X Russell 2000 Covered Call ETF | 11.90% | 12.65% | 13.50% | 12.35% | 10.77% | 6.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IDIVX vs. RYLD - Drawdown Comparison
The maximum IDIVX drawdown since its inception was -33.38%, smaller than the maximum RYLD drawdown of -41.52%. Use the drawdown chart below to compare losses from any high point for IDIVX and RYLD. For additional features, visit the drawdowns tool.
Volatility
IDIVX vs. RYLD - Volatility Comparison
The current volatility for Integrity Dividend Harvest Fund (IDIVX) is 2.81%, while Global X Russell 2000 Covered Call ETF (RYLD) has a volatility of 3.68%. This indicates that IDIVX experiences smaller price fluctuations and is considered to be less risky than RYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.