QYLE vs. MAIN
Compare and contrast key facts about Global X NASDAQ 100 ESG Covered Call ETF (QYLE) and Main Street Capital Corporation (MAIN).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QYLE or MAIN.
Correlation
The correlation between QYLE and MAIN is 0.27, 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
QYLE vs. MAIN - Performance Comparison
Key characteristics
QYLE:
1.70
MAIN:
3.29
QYLE:
2.48
MAIN:
4.16
QYLE:
1.35
MAIN:
1.62
QYLE:
2.41
MAIN:
4.93
QYLE:
11.65
MAIN:
19.08
QYLE:
1.75%
MAIN:
2.48%
QYLE:
12.06%
MAIN:
14.39%
QYLE:
-8.47%
MAIN:
-64.53%
QYLE:
-0.61%
MAIN:
-1.13%
Returns By Period
In the year-to-date period, QYLE achieves a 2.09% return, which is significantly lower than MAIN's 5.03% return.
QYLE
2.09%
1.69%
18.45%
19.96%
N/A
N/A
MAIN
5.03%
5.29%
30.62%
48.52%
15.48%
15.97%
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Risk-Adjusted Performance
QYLE vs. MAIN — Risk-Adjusted Performance Rank
QYLE
MAIN
QYLE vs. MAIN - 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 Main Street Capital Corporation (MAIN). 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. MAIN - Dividend Comparison
QYLE's dividend yield for the trailing twelve months is around 18.36%, more than MAIN's 6.82% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QYLE Global X NASDAQ 100 ESG Covered Call ETF | 18.36% | 18.53% | 10.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MAIN Main Street Capital Corporation | 6.82% | 7.07% | 8.70% | 7.97% | 5.74% | 6.99% | 6.76% | 8.43% | 7.02% | 7.42% | 9.15% | 8.72% |
Drawdowns
QYLE vs. MAIN - Drawdown Comparison
The maximum QYLE drawdown since its inception was -8.47%, smaller than the maximum MAIN drawdown of -64.53%. Use the drawdown chart below to compare losses from any high point for QYLE and MAIN. For additional features, visit the drawdowns tool.
Volatility
QYLE vs. MAIN - Volatility Comparison
The current volatility for Global X NASDAQ 100 ESG Covered Call ETF (QYLE) is 3.22%, while Main Street Capital Corporation (MAIN) has a volatility of 4.11%. This indicates that QYLE experiences smaller price fluctuations and is considered to be less risky than MAIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.