QQCL.TO vs. HYLD
Compare and contrast key facts about Global X Enhanced NASDAQ-100 Covered Call ETF (QQCL.TO) and High Yield ETF (HYLD).
QQCL.TO and HYLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQCL.TO is an actively managed fund by Global X. It was launched on Oct 10, 2023. HYLD is an actively managed fund by Eve Capital. It was launched on Nov 30, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QQCL.TO or HYLD.
Correlation
The correlation between QQCL.TO and HYLD is 0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
QQCL.TO vs. HYLD - Performance Comparison
Key characteristics
Returns By Period
QQCL.TO
3.90%
0.95%
23.09%
37.74%
N/A
N/A
HYLD
N/A
N/A
N/A
N/A
N/A
N/A
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QQCL.TO vs. HYLD - Expense Ratio Comparison
QQCL.TO has a 0.85% expense ratio, which is lower than HYLD's 1.29% expense ratio.
Risk-Adjusted Performance
QQCL.TO vs. HYLD — Risk-Adjusted Performance Rank
QQCL.TO
HYLD
QQCL.TO vs. HYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Enhanced NASDAQ-100 Covered Call ETF (QQCL.TO) and High Yield ETF (HYLD). 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
QQCL.TO vs. HYLD - Dividend Comparison
QQCL.TO's dividend yield for the trailing twelve months is around 11.73%, while HYLD has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQCL.TO Global X Enhanced NASDAQ-100 Covered Call ETF | 11.73% | 11.87% | 3.68% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HYLD High Yield ETF | 0.00% | 0.00% | 8.59% | 7.86% | 6.75% | 7.52% | 7.46% | 7.97% | 7.18% | 6.59% | 10.87% | 9.88% |
Drawdowns
QQCL.TO vs. HYLD - Drawdown Comparison
Volatility
QQCL.TO vs. HYLD - Volatility Comparison
Global X Enhanced NASDAQ-100 Covered Call ETF (QQCL.TO) has a higher volatility of 4.33% compared to High Yield ETF (HYLD) at 0.00%. This indicates that QQCL.TO's price experiences larger fluctuations and is considered to be riskier than HYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.