NWL vs. NFLY
Compare and contrast key facts about Newell Brands Inc. (NWL) and YieldMax NFLX Option Income Strategy ETF (NFLY).
NFLY is an actively managed fund by YieldMax. It was launched on Aug 7, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NWL or NFLY.
Correlation
The correlation between NWL and NFLY is 0.03, 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
NWL vs. NFLY - Performance Comparison
Key characteristics
NWL:
-0.01
NFLY:
3.10
NWL:
0.55
NFLY:
3.96
NWL:
1.07
NFLY:
1.58
NWL:
-0.01
NFLY:
7.27
NWL:
-0.04
NFLY:
22.40
NWL:
15.25%
NFLY:
3.23%
NWL:
68.60%
NFLY:
23.20%
NWL:
-88.10%
NFLY:
-21.45%
NWL:
-82.19%
NFLY:
0.00%
Returns By Period
In the year-to-date period, NWL achieves a -29.17% return, which is significantly lower than NFLY's 13.88% return.
NWL
-29.17%
-30.29%
-3.02%
-4.64%
-15.16%
-12.84%
NFLY
13.88%
17.01%
44.76%
66.46%
N/A
N/A
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Risk-Adjusted Performance
NWL vs. NFLY — Risk-Adjusted Performance Rank
NWL
NFLY
NWL vs. NFLY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Newell Brands Inc. (NWL) and YieldMax NFLX Option Income Strategy ETF (NFLY). 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
NWL vs. NFLY - Dividend Comparison
NWL's dividend yield for the trailing twelve months is around 3.97%, less than NFLY's 45.83% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NWL Newell Brands Inc. | 3.97% | 2.81% | 5.07% | 7.03% | 4.21% | 4.33% | 4.79% | 4.95% | 2.85% | 1.70% | 1.72% | 1.73% |
NFLY YieldMax NFLX Option Income Strategy ETF | 45.83% | 49.91% | 11.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NWL vs. NFLY - Drawdown Comparison
The maximum NWL drawdown since its inception was -88.10%, which is greater than NFLY's maximum drawdown of -21.45%. Use the drawdown chart below to compare losses from any high point for NWL and NFLY. For additional features, visit the drawdowns tool.
Volatility
NWL vs. NFLY - Volatility Comparison
Newell Brands Inc. (NWL) has a higher volatility of 32.15% compared to YieldMax NFLX Option Income Strategy ETF (NFLY) at 6.67%. This indicates that NWL's price experiences larger fluctuations and is considered to be riskier than NFLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.