PBR vs. QYLD
Compare and contrast key facts about Petróleo Brasileiro S.A. - Petrobras (PBR) 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: PBR or QYLD.
Key characteristics
PBR | QYLD | |
---|---|---|
YTD Return | 6.76% | 4.94% |
1Y Return | 87.25% | 14.14% |
3Y Return (Ann) | 70.32% | 3.58% |
5Y Return (Ann) | 23.79% | 6.55% |
10Y Return (Ann) | 12.32% | 7.47% |
Sharpe Ratio | 2.48 | 1.90 |
Daily Std Dev | 33.58% | 8.26% |
Max Drawdown | -95.28% | -24.89% |
Current Drawdown | -26.67% | -2.13% |
Correlation
The correlation between PBR and QYLD is 0.24, 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
PBR vs. QYLD - Performance Comparison
In the year-to-date period, PBR achieves a 6.76% return, which is significantly higher than QYLD's 4.94% return. Over the past 10 years, PBR has outperformed QYLD with an annualized return of 12.32%, while QYLD has yielded a comparatively lower 7.47% annualized 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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Risk-Adjusted Performance
PBR vs. QYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Petróleo Brasileiro S.A. - Petrobras (PBR) 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
PBR vs. QYLD - Dividend Comparison
PBR's dividend yield for the trailing twelve months is around 18.52%, more than QYLD's 11.84% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Petróleo Brasileiro S.A. - Petrobras | 11.67% | 18.47% | 60.50% | 18.59% | 2.42% | 1.53% | 0.98% | 0.00% | 0.00% | 0.00% | 6.57% | 1.91% |
Global X NASDAQ 100 Covered Call ETF | 11.84% | 11.78% | 13.26% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% | 0.00% |
Drawdowns
PBR vs. QYLD - Drawdown Comparison
The maximum PBR drawdown since its inception was -95.28%, which is greater than QYLD's maximum drawdown of -24.89%. Use the drawdown chart below to compare losses from any high point for PBR and QYLD. For additional features, visit the drawdowns tool.
Volatility
PBR vs. QYLD - Volatility Comparison
Petróleo Brasileiro S.A. - Petrobras (PBR) has a higher volatility of 7.40% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 2.84%. This indicates that PBR'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.