NUSI vs. QYLD
Compare and contrast key facts about Nationwide Risk-Managed Income ETF (NUSI) and Global X NASDAQ 100 Covered Call ETF (QYLD).
NUSI and QYLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NUSI is an actively managed fund by Nationwide. It was launched on Dec 19, 2019. 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: NUSI or QYLD.
Key characteristics
| NUSI | QYLD | |
|---|---|---|
| YTD Return | 25.11% | 18.13% |
| 1Y Return | 31.27% | 22.44% |
| 3Y Return (Ann) | 5.23% | 5.36% |
| Sharpe Ratio | 2.85 | 2.24 |
| Sortino Ratio | 4.13 | 3.08 |
| Omega Ratio | 1.58 | 1.55 |
| Calmar Ratio | 2.54 | 2.90 |
| Martin Ratio | 15.92 | 15.98 |
| Ulcer Index | 2.17% | 1.41% |
| Daily Std Dev | 12.10% | 10.05% |
| Max Drawdown | -31.24% | -24.89% |
| Current Drawdown | -0.02% | 0.00% |
Correlation
The correlation between NUSI and QYLD is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
NUSI vs. QYLD - Performance Comparison
In the year-to-date period, NUSI achieves a 25.11% return, which is significantly higher than QYLD's 18.13% 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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NUSI vs. QYLD - Expense Ratio Comparison
NUSI has a 0.68% expense ratio, which is higher than QYLD's 0.60% expense ratio.
Risk-Adjusted Performance
NUSI vs. QYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Risk-Managed Income ETF (NUSI) 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
NUSI vs. QYLD - Dividend Comparison
NUSI's dividend yield for the trailing twelve months is around 7.13%, less than QYLD's 11.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
NUSI Nationwide Risk-Managed Income ETF | 7.13% | 7.17% | 9.05% | 7.77% | 7.48% | 0.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QYLD Global X NASDAQ 100 Covered Call ETF | 11.24% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% |
Drawdowns
NUSI vs. QYLD - Drawdown Comparison
The maximum NUSI drawdown since its inception was -31.24%, which is greater than QYLD's maximum drawdown of -24.89%. Use the drawdown chart below to compare losses from any high point for NUSI and QYLD. For additional features, visit the drawdowns tool.
Volatility
NUSI vs. QYLD - Volatility Comparison
Nationwide Risk-Managed Income ETF (NUSI) has a higher volatility of 3.65% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 2.54%. This indicates that NUSI'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.