QYLD vs. NUSI
Compare and contrast key facts about Global X NASDAQ 100 Covered Call ETF (QYLD) and Nationwide Risk-Managed Income ETF (NUSI).
QYLD and NUSI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. NUSI is an actively managed fund by Nationwide. It was launched on Dec 19, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QYLD or NUSI.
Performance
QYLD vs. NUSI - Performance Comparison
Returns By Period
In the year-to-date period, QYLD achieves a 15.85% return, which is significantly lower than NUSI's 22.89% return.
QYLD
15.85%
0.23%
9.06%
19.50%
7.28%
8.43%
NUSI
22.89%
1.01%
11.68%
28.23%
N/A
N/A
Key characteristics
| QYLD | NUSI | |
|---|---|---|
| Sharpe Ratio | 1.86 | 2.32 |
| Sortino Ratio | 2.54 | 3.34 |
| Omega Ratio | 1.45 | 1.46 |
| Calmar Ratio | 2.49 | 2.15 |
| Martin Ratio | 13.46 | 12.76 |
| Ulcer Index | 1.43% | 2.18% |
| Daily Std Dev | 10.35% | 11.99% |
| Max Drawdown | -24.75% | -31.24% |
| Current Drawdown | -1.93% | -1.79% |
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QYLD vs. NUSI - Expense Ratio Comparison
QYLD has a 0.60% expense ratio, which is lower than NUSI's 0.68% expense ratio.
Correlation
The correlation between QYLD and NUSI is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
QYLD vs. NUSI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X NASDAQ 100 Covered Call ETF (QYLD) and Nationwide Risk-Managed Income ETF (NUSI). 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
QYLD vs. NUSI - Dividend Comparison
QYLD's dividend yield for the trailing twelve months is around 11.69%, more than NUSI's 7.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
QYLD Global X NASDAQ 100 Covered Call ETF | 11.69% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% |
NUSI Nationwide Risk-Managed Income ETF | 7.25% | 7.17% | 9.05% | 7.77% | 7.48% | 0.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
QYLD vs. NUSI - Drawdown Comparison
The maximum QYLD drawdown since its inception was -24.75%, smaller than the maximum NUSI drawdown of -31.24%. Use the drawdown chart below to compare losses from any high point for QYLD and NUSI. For additional features, visit the drawdowns tool.
Volatility
QYLD vs. NUSI - Volatility Comparison
The current volatility for Global X NASDAQ 100 Covered Call ETF (QYLD) is 3.54%, while Nationwide Risk-Managed Income ETF (NUSI) has a volatility of 4.21%. This indicates that QYLD experiences smaller price fluctuations and is considered to be less risky than NUSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.