LSIIX vs. QYLD
Compare and contrast key facts about Loomis Sayles Investment Grade Bond Fund Class Y (LSIIX) and Global X NASDAQ 100 Covered Call ETF (QYLD).
LSIIX is managed by Natixis Investment Managers. It was launched on Dec 31, 1996. 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: LSIIX or QYLD.
Key characteristics
| LSIIX | QYLD | |
|---|---|---|
| YTD Return | 0.19% | 5.96% |
| 1Y Return | 4.46% | 13.48% |
| 3Y Return (Ann) | -1.16% | 4.79% |
| 5Y Return (Ann) | 2.30% | 7.01% |
| 10Y Return (Ann) | 2.14% | 7.46% |
| Sharpe Ratio | 0.68 | 1.66 |
| Daily Std Dev | 6.28% | 8.11% |
| Max Drawdown | -20.76% | -24.89% |
| Current Drawdown | -5.33% | -1.18% |
Correlation
The correlation between LSIIX and QYLD is 0.15, 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
LSIIX vs. QYLD - Performance Comparison
In the year-to-date period, LSIIX achieves a 0.19% return, which is significantly lower than QYLD's 5.96% return. Over the past 10 years, LSIIX has underperformed QYLD with an annualized return of 2.14%, while QYLD has yielded a comparatively higher 7.46% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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LSIIX vs. QYLD - Expense Ratio Comparison
LSIIX has a 0.54% expense ratio, which is lower than QYLD's 0.60% expense ratio.
Risk-Adjusted Performance
LSIIX vs. QYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Loomis Sayles Investment Grade Bond Fund Class Y (LSIIX) 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
LSIIX vs. QYLD - Dividend Comparison
LSIIX's dividend yield for the trailing twelve months is around 4.59%, less than QYLD's 11.73% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LSIIX Loomis Sayles Investment Grade Bond Fund Class Y | 4.59% | 4.25% | 3.32% | 4.16% | 8.20% | 3.56% | 2.18% | 4.10% | 6.71% | 3.91% | 4.40% | 7.44% |
QYLD Global X NASDAQ 100 Covered Call ETF | 11.73% | 11.78% | 13.26% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% | 0.00% |
Drawdowns
LSIIX vs. QYLD - Drawdown Comparison
The maximum LSIIX drawdown since its inception was -20.76%, smaller than the maximum QYLD drawdown of -24.89%. Use the drawdown chart below to compare losses from any high point for LSIIX and QYLD. For additional features, visit the drawdowns tool.
Volatility
LSIIX vs. QYLD - Volatility Comparison
The current volatility for Loomis Sayles Investment Grade Bond Fund Class Y (LSIIX) is 1.54%, while Global X NASDAQ 100 Covered Call ETF (QYLD) has a volatility of 2.66%. This indicates that LSIIX 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.