NYMTN vs. QYLD
Compare and contrast key facts about New York Mortgage Trust, Inc. (NYMTN) 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: NYMTN or QYLD.
Correlation
The correlation between NYMTN and QYLD is 0.27, 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
NYMTN vs. QYLD - Performance Comparison
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Key characteristics
NYMTN:
1.22
QYLD:
-0.18
NYMTN:
1.84
QYLD:
-0.12
NYMTN:
1.25
QYLD:
0.98
NYMTN:
1.62
QYLD:
-0.08
NYMTN:
5.68
QYLD:
-0.62
NYMTN:
3.17%
QYLD:
5.37%
NYMTN:
14.25%
QYLD:
19.25%
NYMTN:
-85.37%
QYLD:
-40.69%
NYMTN:
-1.36%
QYLD:
-34.32%
Returns By Period
In the year-to-date period, NYMTN achieves a 0.42% return, which is significantly higher than QYLD's -8.15% return.
NYMTN
0.42%
11.01%
2.67%
17.30%
17.75%
N/A
QYLD
-8.15%
0.74%
-8.12%
-3.44%
-3.61%
-3.26%
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Risk-Adjusted Performance
NYMTN vs. QYLD — Risk-Adjusted Performance Rank
NYMTN
QYLD
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.
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Dividends
NYMTN vs. QYLD - Dividend Comparison
NYMTN's dividend yield for the trailing twelve months is around 8.97%, less than QYLD's 13.72% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
NYMTN New York Mortgage Trust, Inc. | 8.97% | 8.80% | 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 | 13.72% | 12.50% | 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 -40.69%. Use the drawdown chart below to compare losses from any high point for NYMTN and QYLD. For additional features, visit the drawdowns tool.
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Volatility
NYMTN vs. QYLD - Volatility Comparison
The current volatility for New York Mortgage Trust, Inc. (NYMTN) is 3.49%, while Global X NASDAQ 100 Covered Call ETF (QYLD) has a volatility of 4.56%. This indicates that NYMTN experiences smaller price fluctuations and is considered to be less risky than QYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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