NFG vs. QYLD
NFG (National Fuel Gas Company) is a stock, while QYLD (Global X NASDAQ 100 Covered Call ETF) is Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2. Over the past 10 years, NFG returned 6.70%/yr vs 9.97%/yr for QYLD. At a 0.22 correlation, their price movements are largely independent.
Performance
NFG vs. QYLD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NFG achieves a -3.74% return, which is significantly lower than QYLD's 7.65% return. Over the past 10 years, NFG has underperformed QYLD with an annualized return of 6.70%, while QYLD has yielded a comparatively higher 9.97% annualized return.
NFG
- 1D
- -0.57%
- 1M
- -5.30%
- YTD
- -3.74%
- 6M
- -4.91%
- 1Y
- -8.11%
- 3Y*
- 19.36%
- 5Y*
- 10.73%
- 10Y*
- 6.70%
QYLD
- 1D
- -0.22%
- 1M
- 1.18%
- YTD
- 7.65%
- 6M
- 7.29%
- 1Y
- 21.61%
- 3Y*
- 13.90%
- 5Y*
- 8.17%
- 10Y*
- 9.97%
NFG vs. QYLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NFG National Fuel Gas Company | -3.74% | 35.31% | 25.38% | -17.71% | 1.87% | 60.66% | -7.58% | -5.94% | -3.74% | -0.20% |
QYLD Global X NASDAQ 100 Covered Call ETF | 7.65% | 9.28% | 19.35% | 22.77% | -19.08% | 10.41% | 8.72% | 22.69% | -3.07% | 18.79% |
Correlation
The correlation between NFG and QYLD is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2013 | 0.22 |
The correlation between NFG and QYLD shifts across timeframes, from -0.16 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NFG vs. QYLD — Risk / Return Rank
NFG
QYLD
NFG vs. QYLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for National Fuel Gas Company (NFG) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NFG | QYLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.66 | ||
| Sortino ratioReturn per unit of downside risk | -3.62 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.50 | -0.55 |
| Calmar ratioReturn relative to maximum drawdown | -0.39 | 4.37 | -4.76 |
| Martin ratioReturn relative to average drawdown | -0.79 | 24.01 | -24.80 |
Loading charts...
Drawdowns
NFG vs. QYLD - Drawdown Comparison
The maximum NFG drawdown since its inception was -55.49%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for NFG and QYLD.
Loading charts...
Drawdown Indicators
| NFG | QYLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.49% | -24.75% | -30.74% |
Max Drawdown (1Y)Largest decline over 1 year | -20.93% | -4.97% | -15.96% |
Max Drawdown (3Y)Largest decline over 3 years | -20.93% | -19.06% | -1.87% |
Max Drawdown (5Y)Largest decline over 5 years | -35.74% | -24.61% | -11.13% |
Max Drawdown (10Y)Largest decline over 10 years | -44.28% | -24.75% | -19.53% |
Current DrawdownCurrent decline from peak | -20.16% | -2.32% | -17.84% |
Average DrawdownAverage peak-to-trough decline | -14.34% | -3.82% | -10.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.24% | 0.90% | +9.34% |
Volatility
NFG vs. QYLD - Volatility Comparison
The current volatility for National Fuel Gas Company (NFG) is 4.03%, while Global X NASDAQ 100 Covered Call ETF (QYLD) has a volatility of 4.79%. This indicates that NFG 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.
Loading charts...
Volatility by Period
| NFG | QYLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.03% | 4.79% | -0.76% |
Volatility (6M)Calculated over the trailing 6-month period | 14.11% | 8.45% | +5.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.69% | 9.69% | +10.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.17% | 14.84% | +7.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.04% | 15.55% | +8.49% |
Dividends
NFG vs. QYLD - Dividend Comparison
NFG's dividend yield for the trailing twelve months is around 2.79%, less than QYLD's 11.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NFG National Fuel Gas Company | 2.79% | 2.65% | 3.36% | 3.91% | 2.97% | 2.83% | 4.30% | 3.72% | 3.30% | 3.00% | 2.84% | 3.67% |
QYLD Global X NASDAQ 100 Covered Call ETF | 11.71% | 11.55% | 12.50% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% |
Frequently Asked Questions
NFG and QYLD have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QYLD has higher volatility (4.79%) compared to NFG (4.03%). In terms of maximum drawdown, NFG dropped -55.49% vs QYLD's -24.75%.
QYLD currently has the higher Sharpe Ratio (2.24 vs -0.41), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for NFG and QYLD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer