QS vs. NFLY
Compare and contrast key facts about QuantumScape Corporation (QS) and YieldMax NFLX Option Income Strategy ETF (NFLY).
NFLY is an actively managed fund by YieldMax. It was launched on Aug 7, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QS or NFLY.
Correlation
The correlation between QS and NFLY is 0.20, 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
QS vs. NFLY - Performance Comparison
Key characteristics
QS:
-0.39
NFLY:
2.80
QS:
-0.23
NFLY:
3.63
QS:
0.98
NFLY:
1.52
QS:
-0.29
NFLY:
6.51
QS:
-0.83
NFLY:
20.07
QS:
33.45%
NFLY:
3.23%
QS:
70.57%
NFLY:
23.30%
QS:
-96.41%
NFLY:
-21.45%
QS:
-95.79%
NFLY:
-1.37%
Returns By Period
In the year-to-date period, QS achieves a 6.74% return, which is significantly lower than NFLY's 12.32% return.
QS
6.74%
6.13%
-5.14%
-20.86%
N/A
N/A
NFLY
12.32%
15.40%
42.02%
64.18%
N/A
N/A
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Risk-Adjusted Performance
QS vs. NFLY — Risk-Adjusted Performance Rank
QS
NFLY
QS vs. NFLY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for QuantumScape Corporation (QS) and YieldMax NFLX Option Income Strategy ETF (NFLY). 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
QS vs. NFLY - Dividend Comparison
QS has not paid dividends to shareholders, while NFLY's dividend yield for the trailing twelve months is around 46.47%.
| TTM | 2024 | 2023 | |
|---|---|---|---|
QS QuantumScape Corporation | 0.00% | 0.00% | 0.00% |
NFLY YieldMax NFLX Option Income Strategy ETF | 46.47% | 49.91% | 11.84% |
Drawdowns
QS vs. NFLY - Drawdown Comparison
The maximum QS drawdown since its inception was -96.41%, which is greater than NFLY's maximum drawdown of -21.45%. Use the drawdown chart below to compare losses from any high point for QS and NFLY. For additional features, visit the drawdowns tool.
Volatility
QS vs. NFLY - Volatility Comparison
QuantumScape Corporation (QS) has a higher volatility of 12.88% compared to YieldMax NFLX Option Income Strategy ETF (NFLY) at 6.93%. This indicates that QS's price experiences larger fluctuations and is considered to be riskier than NFLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.