QYLE vs. FTHI
Compare and contrast key facts about Global X NASDAQ 100 ESG Covered Call ETF (QYLE) and First Trust BuyWrite Income ETF (FTHI).
QYLE and FTHI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QYLE is a passively managed fund by Global X that tracks the performance of the Nasdaq-100 ESG BuyWrite Index - Benchmark TR Gross. It was launched on Feb 21, 2023. FTHI is an actively managed fund by First Trust. It was launched on Jan 6, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QYLE or FTHI.
Correlation
The correlation between QYLE and FTHI is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
QYLE vs. FTHI - Performance Comparison
Key characteristics
QYLE:
1.68
FTHI:
1.89
QYLE:
2.47
FTHI:
2.51
QYLE:
1.35
FTHI:
1.39
QYLE:
2.40
FTHI:
2.95
QYLE:
11.61
FTHI:
14.22
QYLE:
1.75%
FTHI:
1.20%
QYLE:
12.06%
FTHI:
9.07%
QYLE:
-8.47%
FTHI:
-32.65%
QYLE:
-0.41%
FTHI:
-0.29%
Returns By Period
In the year-to-date period, QYLE achieves a 2.71% return, which is significantly higher than FTHI's 2.47% return.
QYLE
2.71%
0.80%
11.86%
22.58%
N/A
N/A
FTHI
2.47%
0.61%
8.88%
17.54%
8.18%
7.49%
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QYLE vs. FTHI - Expense Ratio Comparison
QYLE has a 0.61% expense ratio, which is lower than FTHI's 0.85% expense ratio.
Risk-Adjusted Performance
QYLE vs. FTHI — Risk-Adjusted Performance Rank
QYLE
FTHI
QYLE vs. FTHI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X NASDAQ 100 ESG Covered Call ETF (QYLE) and First Trust BuyWrite Income ETF (FTHI). 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
QYLE vs. FTHI - Dividend Comparison
QYLE's dividend yield for the trailing twelve months is around 17.30%, more than FTHI's 7.85% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QYLE Global X NASDAQ 100 ESG Covered Call ETF | 17.30% | 18.52% | 10.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTHI First Trust BuyWrite Income ETF | 7.85% | 8.61% | 8.50% | 9.06% | 4.37% | 4.76% | 4.21% | 4.76% | 4.02% | 4.43% | 4.98% | 3.96% |
Drawdowns
QYLE vs. FTHI - Drawdown Comparison
The maximum QYLE drawdown since its inception was -8.47%, smaller than the maximum FTHI drawdown of -32.65%. Use the drawdown chart below to compare losses from any high point for QYLE and FTHI. For additional features, visit the drawdowns tool.
Volatility
QYLE vs. FTHI - Volatility Comparison
Global X NASDAQ 100 ESG Covered Call ETF (QYLE) has a higher volatility of 2.41% compared to First Trust BuyWrite Income ETF (FTHI) at 2.03%. This indicates that QYLE's price experiences larger fluctuations and is considered to be riskier than FTHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.