RCL vs. QYLD
RCL (Royal Caribbean Cruises Ltd.) is a stock, while QYLD (Global X NASDAQ 100 Covered Call ETF) is Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2. Over the past 10 years, RCL returned 15.99%/yr vs 9.59%/yr for QYLD. At a 0.41 correlation, their price movements are largely independent.
Performance
RCL vs. QYLD - Performance Comparison
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Returns By Period
In the year-to-date period, RCL achieves a 3.68% return, which is significantly lower than QYLD's 7.22% return. Over the past 10 years, RCL has outperformed QYLD with an annualized return of 15.99%, while QYLD has yielded a comparatively lower 9.59% annualized return.
RCL
- 1D
- -0.28%
- 1M
- -8.43%
- 6M
- 4.77%
- YTD
- 3.68%
- 1Y
- -16.87%
- 3Y*
- 42.18%
- 5Y*
- 30.12%
- 10Y*
- 15.99%
- ALL TIME*
- 12.50%
QYLD
- 1D
- 0.16%
- 1M
- -2.71%
- 6M
- 5.96%
- YTD
- 7.22%
- 1Y
- 19.97%
- 3Y*
- 12.62%
- 5Y*
- 7.90%
- 10Y*
- 9.59%
- ALL TIME*
- 8.55%
RCL vs. QYLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RCL Royal Caribbean Cruises Ltd. | 3.68% | 22.46% | 78.98% | 161.97% | -35.72% | 2.96% | -43.50% | 39.94% | -16.13% | 48.22% |
QYLD Global X NASDAQ 100 Covered Call ETF | 7.22% | 9.28% | 19.35% | 22.77% | -19.08% | 10.41% | 8.72% | 22.69% | -3.07% | 18.79% |
Correlation
The correlation between RCL and QYLD is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2013 | 0.41 |
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Return for Risk
RCL vs. QYLD — Risk / Return Rank
RCL
QYLD
RCL vs. QYLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Royal Caribbean Cruises Ltd. (RCL) and Global X NASDAQ 100 Covered Call ETF (QYLD). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RCL | QYLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.22 | ||
| Sortino ratioReturn per unit of downside risk | -2.87 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.38 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | -0.52 | 4.04 | -4.56 |
| Martin ratioReturn relative to average drawdown | -0.85 | 19.75 | -20.60 |
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Drawdowns
RCL vs. QYLD - Drawdown Comparison
The maximum RCL drawdown since its inception was -89.49%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for RCL and QYLD.
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Drawdown Indicators
| RCL | QYLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.49% | -24.75% | -64.74% |
Max Drawdown (1Y)Largest decline over 1 year | -32.36% | -4.97% | -27.39% |
Max Drawdown (3Y)Largest decline over 3 years | -35.02% | -19.06% | -15.96% |
Max Drawdown (5Y)Largest decline over 5 years | -67.64% | -24.61% | -43.03% |
Max Drawdown (10Y)Largest decline over 10 years | -83.30% | -24.75% | -58.55% |
Current DrawdownCurrent decline from peak | -20.44% | -3.37% | -17.07% |
Average DrawdownAverage peak-to-trough decline | -27.73% | -3.81% | -23.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.85% | 1.01% | +18.84% |
Volatility
RCL vs. QYLD - Volatility Comparison
Royal Caribbean Cruises Ltd. (RCL) has a higher volatility of 10.01% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 5.86%. This indicates that RCL's price experiences larger fluctuations and is considered to be riskier than QYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RCL | QYLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.01% | 5.86% | +4.15% |
Volatility (6M)Calculated over the trailing 6-month period | 37.58% | 9.67% | +27.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.08% | 10.83% | +36.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.39% | 14.98% | +33.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.32% | 15.60% | +37.72% |
Dividends
RCL vs. QYLD - Dividend Comparison
RCL's dividend yield for the trailing twelve months is around 1.75%, less than QYLD's 12.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QYLD Global X NASDAQ 100 Covered Call ETF | 12.88% | 11.55% | 12.50% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% |
RCL Royal Caribbean Cruises Ltd. | 1.75% | 1.25% | 0.41% | 0.00% | 0.00% | 0.00% | 1.04% | 2.22% | 2.66% | 1.81% | 2.08% | 1.33% |
Frequently Asked Questions
RCL and QYLD have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RCL has higher volatility (10.01%) compared to QYLD (5.86%). In terms of maximum drawdown, RCL dropped -89.49% vs QYLD's -24.75%.
QYLD currently has the higher Sharpe Ratio (1.86 vs -0.36), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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