NINE vs. QYLD
Compare and contrast key facts about Nine Energy Service, Inc. (NINE) and Global X NASDAQ 100 Covered Call ETF (QYLD).
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: NINE or QYLD.
Correlation
The correlation between NINE and QYLD is 0.19, 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
NINE vs. QYLD - Performance Comparison
Key characteristics
NINE:
-0.54
QYLD:
1.77
NINE:
-0.49
QYLD:
2.43
NINE:
0.95
QYLD:
1.41
NINE:
-0.52
QYLD:
2.44
NINE:
-1.07
QYLD:
12.92
NINE:
47.44%
QYLD:
1.46%
NINE:
94.06%
QYLD:
10.72%
NINE:
-99.03%
QYLD:
-24.75%
NINE:
-97.16%
QYLD:
0.00%
Returns By Period
In the year-to-date period, NINE achieves a -0.89% return, which is significantly lower than QYLD's 3.35% return.
NINE
-0.89%
-15.91%
-21.28%
-47.64%
-25.43%
N/A
QYLD
3.35%
2.62%
18.19%
18.69%
7.50%
8.93%
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Risk-Adjusted Performance
NINE vs. QYLD — Risk-Adjusted Performance Rank
NINE
QYLD
NINE vs. QYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nine Energy Service, Inc. (NINE) 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
NINE vs. QYLD - Dividend Comparison
NINE has not paid dividends to shareholders, while QYLD's dividend yield for the trailing twelve months is around 12.26%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NINE Nine Energy Service, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QYLD Global X NASDAQ 100 Covered Call ETF | 12.26% | 12.50% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% |
Drawdowns
NINE vs. QYLD - Drawdown Comparison
The maximum NINE drawdown since its inception was -99.03%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for NINE and QYLD. For additional features, visit the drawdowns tool.
Volatility
NINE vs. QYLD - Volatility Comparison
Nine Energy Service, Inc. (NINE) has a higher volatility of 34.40% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 3.17%. This indicates that NINE's price experiences larger fluctuations and is considered to be riskier than QYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.