NRT vs. QYLD
Compare and contrast key facts about North European Oil Royalty Trust (NRT) 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: NRT or QYLD.
Key characteristics
| NRT | QYLD | |
|---|---|---|
| YTD Return | -18.30% | 18.06% |
| 1Y Return | -33.66% | 22.66% |
| 3Y Return (Ann) | -8.04% | 5.37% |
| 5Y Return (Ann) | 3.51% | 7.67% |
| 10Y Return (Ann) | -3.49% | 8.44% |
| Sharpe Ratio | -0.57 | 2.26 |
| Sortino Ratio | -0.57 | 3.10 |
| Omega Ratio | 0.93 | 1.55 |
| Calmar Ratio | -0.44 | 2.93 |
| Martin Ratio | -1.16 | 16.14 |
| Ulcer Index | 27.49% | 1.41% |
| Daily Std Dev | 55.82% | 10.05% |
| Max Drawdown | -85.54% | -24.89% |
| Current Drawdown | -70.29% | 0.00% |
Correlation
The correlation between NRT and QYLD is 0.08, 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
NRT vs. QYLD - Performance Comparison
In the year-to-date period, NRT achieves a -18.30% return, which is significantly lower than QYLD's 18.06% return. Over the past 10 years, NRT has underperformed QYLD with an annualized return of -3.49%, while QYLD has yielded a comparatively higher 8.44% 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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Risk-Adjusted Performance
NRT vs. QYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for North European Oil Royalty Trust (NRT) 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
NRT vs. QYLD - Dividend Comparison
NRT's dividend yield for the trailing twelve months is around 10.36%, less than QYLD's 11.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NRT North European Oil Royalty Trust | 10.36% | 38.77% | 14.42% | 4.70% | 11.00% | 13.87% | 12.07% | 10.92% | 10.15% | 17.45% | 16.04% | 11.26% |
QYLD Global X NASDAQ 100 Covered Call ETF | 11.25% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% | 0.00% |
Drawdowns
NRT vs. QYLD - Drawdown Comparison
The maximum NRT drawdown since its inception was -85.54%, which is greater than QYLD's maximum drawdown of -24.89%. Use the drawdown chart below to compare losses from any high point for NRT and QYLD. For additional features, visit the drawdowns tool.
Volatility
NRT vs. QYLD - Volatility Comparison
North European Oil Royalty Trust (NRT) has a higher volatility of 21.29% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 2.54%. This indicates that NRT'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.