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.
Correlation
The correlation between NRT and QYLD is 0.07, 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
Key characteristics
NRT:
-0.29
QYLD:
1.26
NRT:
-0.08
QYLD:
1.73
NRT:
0.99
QYLD:
1.29
NRT:
-0.21
QYLD:
1.83
NRT:
-0.49
QYLD:
9.10
NRT:
31.24%
QYLD:
1.56%
NRT:
52.48%
QYLD:
11.24%
NRT:
-85.54%
QYLD:
-24.75%
NRT:
-70.18%
QYLD:
-3.97%
Returns By Period
In the year-to-date period, NRT achieves a 9.81% return, which is significantly higher than QYLD's 0.36% return. Over the past 10 years, NRT has underperformed QYLD with an annualized return of -1.72%, while QYLD has yielded a comparatively higher 8.48% annualized return.
NRT
9.81%
-1.85%
-21.53%
-14.70%
14.30%
-1.72%
QYLD
0.36%
-2.00%
7.28%
13.60%
8.70%
8.48%
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Risk-Adjusted Performance
NRT vs. QYLD — Risk-Adjusted Performance Rank
NRT
QYLD
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 10.68%, less than QYLD's 12.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NRT North European Oil Royalty Trust | 10.68% | 11.88% | 38.77% | 14.42% | 4.70% | 11.00% | 13.87% | 12.07% | 10.92% | 10.15% | 17.45% | 16.04% |
QYLD Global X NASDAQ 100 Covered Call ETF | 12.67% | 12.50% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% |
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 -24.75%. 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 14.99% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 3.93%. 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.