PEN vs. QYLD
Compare and contrast key facts about Penumbra, Inc. (PEN) 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: PEN or QYLD.
Correlation
The correlation between PEN and QYLD is 0.37, 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
PEN vs. QYLD - Performance Comparison
Key characteristics
PEN:
0.21
QYLD:
1.74
PEN:
0.62
QYLD:
2.37
PEN:
1.07
QYLD:
1.40
PEN:
0.16
QYLD:
2.43
PEN:
0.41
QYLD:
12.86
PEN:
20.72%
QYLD:
1.46%
PEN:
40.13%
QYLD:
10.86%
PEN:
-62.64%
QYLD:
-24.75%
PEN:
-15.22%
QYLD:
-1.70%
Returns By Period
In the year-to-date period, PEN achieves a 22.82% return, which is significantly higher than QYLD's 2.74% return.
PEN
22.82%
5.74%
38.82%
11.04%
8.73%
N/A
QYLD
2.74%
-0.11%
10.07%
17.21%
7.63%
8.79%
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Risk-Adjusted Performance
PEN vs. QYLD — Risk-Adjusted Performance Rank
PEN
QYLD
PEN vs. QYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Penumbra, Inc. (PEN) 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
PEN vs. QYLD - Dividend Comparison
PEN has not paid dividends to shareholders, while QYLD's dividend yield for the trailing twelve months is around 11.38%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PEN Penumbra, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QYLD Global X NASDAQ 100 Covered Call ETF | 11.38% | 12.50% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% |
Drawdowns
PEN vs. QYLD - Drawdown Comparison
The maximum PEN drawdown since its inception was -62.64%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for PEN and QYLD. For additional features, visit the drawdowns tool.
Volatility
PEN vs. QYLD - Volatility Comparison
Penumbra, Inc. (PEN) has a higher volatility of 13.24% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 2.85%. This indicates that PEN'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.