Correlation
The correlation between QYLP.L and TDGB.L is 0.39, 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.
QYLP.L vs. TDGB.L
Compare and contrast key facts about Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP (QYLP.L) and VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDGB.L).
QYLP.L and TDGB.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QYLP.L is a passively managed fund by Global X that tracks the performance of the Cboe Nasdaq-100 BuyWrite Index. It was launched on Nov 22, 2022. TDGB.L is a passively managed fund by VanEck that tracks the performance of the Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index. It was launched on May 23, 2016. Both QYLP.L and TDGB.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QYLP.L or TDGB.L.
Performance
QYLP.L vs. TDGB.L - Performance Comparison
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Key characteristics
QYLP.L:
0.02
TDGB.L:
1.06
QYLP.L:
0.18
TDGB.L:
1.29
QYLP.L:
1.03
TDGB.L:
1.20
QYLP.L:
0.04
TDGB.L:
0.98
QYLP.L:
0.10
TDGB.L:
4.61
QYLP.L:
8.39%
TDGB.L:
2.64%
QYLP.L:
16.34%
TDGB.L:
12.32%
QYLP.L:
-21.91%
TDGB.L:
-38.84%
QYLP.L:
-19.20%
TDGB.L:
-1.68%
Returns By Period
In the year-to-date period, QYLP.L achieves a -15.13% return, which is significantly lower than TDGB.L's 10.27% return.
QYLP.L
-15.13%
-1.37%
-10.58%
0.33%
N/A
N/A
N/A
TDGB.L
10.27%
2.83%
8.14%
13.09%
82.86%
69.84%
N/A
Compare stocks, funds, or ETFs
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QYLP.L vs. TDGB.L - Expense Ratio Comparison
QYLP.L has a 0.45% expense ratio, which is higher than TDGB.L's 0.38% expense ratio.
Risk-Adjusted Performance
QYLP.L vs. TDGB.L — Risk-Adjusted Performance Rank
QYLP.L
TDGB.L
QYLP.L vs. TDGB.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP (QYLP.L) and VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDGB.L). 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.
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Dividends
QYLP.L vs. TDGB.L - Dividend Comparison
QYLP.L's dividend yield for the trailing twelve months is around 9.52%, less than TDGB.L's 150.92% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
QYLP.L Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP | 9.52% | 8.31% | 9.55% | 0.00% | 0.00% | 0.00% | 0.00% |
TDGB.L VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 150.92% | 165.62% | 128.08% | 4.40% | 4.06% | 4.16% | 3.90% |
Drawdowns
QYLP.L vs. TDGB.L - Drawdown Comparison
The maximum QYLP.L drawdown since its inception was -21.91%, smaller than the maximum TDGB.L drawdown of -38.84%. Use the drawdown chart below to compare losses from any high point for QYLP.L and TDGB.L.
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Volatility
QYLP.L vs. TDGB.L - Volatility Comparison
Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP (QYLP.L) has a higher volatility of 3.11% compared to VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDGB.L) at 2.45%. This indicates that QYLP.L's price experiences larger fluctuations and is considered to be riskier than TDGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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