QQQX vs. QYLG

In the year-to-date period, QQQX achieves a -4.89% return, which is significantly lower than QYLG's -2.23% return.

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This table presents a comparison of risk-adjusted performance metrics for Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) and Global X Nasdaq 100 Covered Call & Growth ETF (QYLG). 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.

The current QQQX Sharpe Ratio is 0.65, which is comparable to the QYLG Sharpe Ratio of 0.52. The chart below compares the historical Sharpe Ratios of QQQX and QYLG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

QQQX's dividend yield for the trailing twelve months is around 7.80%, less than QYLG's 26.82% yield.

The maximum QQQX drawdown since its inception was -57.24%, which is greater than QYLG's maximum drawdown of -29.98%. Use the drawdown chart below to compare losses from any high point for QQQX and QYLG. For additional features, visit the drawdowns tool.

Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) has a higher volatility of 6.74% compared to Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) at 5.83%. This indicates that QQQX's price experiences larger fluctuations and is considered to be riskier than QYLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.