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NYMTN vs. QYLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NYMTN 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.


-0.50.00.51.00.2

Performance

NYMTN vs. QYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in New York Mortgage Trust, Inc. (NYMTN) and Global X NASDAQ 100 Covered Call ETF (QYLD). The values are adjusted to include any dividend payments, if applicable.

45.00%50.00%55.00%60.00%65.00%70.00%75.00%80.00%JulyAugustSeptemberOctoberNovemberDecember
70.17%
76.13%
NYMTN
QYLD

Key characteristics

Sharpe Ratio

NYMTN:

1.18

QYLD:

1.97

Sortino Ratio

NYMTN:

1.77

QYLD:

2.69

Omega Ratio

NYMTN:

1.23

QYLD:

1.48

Calmar Ratio

NYMTN:

1.65

QYLD:

2.65

Martin Ratio

NYMTN:

4.34

QYLD:

14.19

Ulcer Index

NYMTN:

3.24%

QYLD:

1.45%

Daily Std Dev

NYMTN:

11.89%

QYLD:

10.40%

Max Drawdown

NYMTN:

-85.37%

QYLD:

-24.75%

Current Drawdown

NYMTN:

-4.42%

QYLD:

0.00%

Returns By Period

In the year-to-date period, NYMTN achieves a 12.48% return, which is significantly lower than QYLD's 19.32% return.


NYMTN

YTD

12.48%

1M

-0.09%

6M

7.47%

1Y

13.53%

5Y*

7.29%

10Y*

N/A

QYLD

YTD

19.32%

1M

3.00%

6M

10.81%

1Y

19.98%

5Y*

7.37%

10Y*

8.52%

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Risk-Adjusted Performance

NYMTN vs. QYLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for New York Mortgage Trust, Inc. (NYMTN) 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.


Sharpe ratio
The chart of Sharpe ratio for NYMTN, currently valued at 1.18, compared to the broader market-4.00-2.000.002.001.181.97
The chart of Sortino ratio for NYMTN, currently valued at 1.77, compared to the broader market-4.00-2.000.002.004.001.772.69
The chart of Omega ratio for NYMTN, currently valued at 1.23, compared to the broader market0.501.001.502.001.231.48
The chart of Calmar ratio for NYMTN, currently valued at 1.65, compared to the broader market0.002.004.006.001.652.65
The chart of Martin ratio for NYMTN, currently valued at 4.34, compared to the broader market-5.000.005.0010.0015.0020.0025.004.3414.19
NYMTN
QYLD

The current NYMTN Sharpe Ratio is 1.18, which is lower than the QYLD Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of NYMTN and QYLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.18
1.97
NYMTN
QYLD

Dividends

NYMTN vs. QYLD - Dividend Comparison

NYMTN's dividend yield for the trailing twelve months is around 8.89%, less than QYLD's 11.35% yield.


TTM2023202220212020201920182017201620152014
NYMTN
New York Mortgage Trust, Inc.
8.89%9.35%11.36%7.84%8.80%7.96%9.13%2.07%0.00%0.00%0.00%
QYLD
Global X NASDAQ 100 Covered Call ETF
11.35%11.78%13.75%12.85%11.16%9.84%12.44%7.69%9.15%9.42%10.74%

Drawdowns

NYMTN vs. QYLD - Drawdown Comparison

The maximum NYMTN drawdown since its inception was -85.37%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for NYMTN and QYLD. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.42%
0
NYMTN
QYLD

Volatility

NYMTN vs. QYLD - Volatility Comparison

New York Mortgage Trust, Inc. (NYMTN) has a higher volatility of 3.17% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 1.64%. This indicates that NYMTN'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.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
3.17%
1.64%
NYMTN
QYLD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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