RDVT vs. QYLD

Last updated Jul 21, 2026

RDVT (Red Violet, Inc.) 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 5 years, RDVT returned 23.87%/yr vs 7.90%/yr for QYLD. At a 0.28 correlation, their price movements are largely independent.

Performance

RDVT vs. QYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Red Violet, Inc. (RDVT) and Global X NASDAQ 100 Covered Call ETF (QYLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RDVT achieves a 16.75% return, which is significantly higher than QYLD's 7.22% return.

RDVT

• 1D: 1.96%
• 1M: 20.67%
• 6M: 32.45%
• YTD: 16.75%
• 1Y: 46.36%
• 3Y*: 47.32%
• 5Y*: 23.87%
• 10Y*: —
• ALL TIME*: 10.60%

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%

*Multi-year figures are annualized to reflect compound growth (CAGR)

RDVT vs. QYLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
RDVT Red Violet, Inc.	16.75%	58.63%	81.27%	-13.25%	-42.00%	52.01%	41.06%	174.63%	-76.76%
QYLD Global X NASDAQ 100 Covered Call ETF	7.22%	9.28%	19.35%	22.77%	-19.08%	10.41%	8.72%	22.69%	-2.10%

Correlation

The correlation between RDVT and QYLD is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (All Time) Calculated using the full available price history since Mar 26, 2018	0.28

Return for Risk

RDVT vs. QYLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RDVT

RDVT Risk / Return Rank: 72
RDVT Sharpe Ratio Rank: 76
RDVT Sortino Ratio Rank: 72
RDVT Omega Ratio Rank: 72
RDVT Calmar Ratio Rank: 69
RDVT Martin Ratio Rank: 69

QYLD

QYLD Risk / Return Rank: 85
QYLD Sharpe Ratio Rank: 78
QYLD Sortino Ratio Rank: 78
QYLD Omega Ratio Rank: 85
QYLD Calmar Ratio Rank: 90
QYLD Martin Ratio Rank: 94

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RDVT vs. QYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Red Violet, Inc. (RDVT) 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.

	RDVT	QYLD	Difference
Sharpe ratio: Return per unit of total volatility	1.02	1.86	-0.84
Sortino ratio: Return per unit of downside risk	1.56	2.62	-1.05
Omega ratio: Gain probability vs. loss probability	1.20	1.38	-0.18
Calmar ratio: Return relative to maximum drawdown	1.11	4.04	-2.93
Martin ratio: Return relative to average drawdown	2.52	19.75	-17.23

RDVT vs. QYLD - Sharpe Ratio Comparison

The current RDVT Sharpe Ratio is 1.02, which is lower than the QYLD Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of RDVT and QYLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RDVT vs. QYLD - Drawdown Comparison

The maximum RDVT drawdown since its inception was -90.17%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for RDVT and QYLD.

Drawdown Indicators

	RDVT	QYLD	Difference
Max Drawdown Largest peak-to-trough decline	-90.17%	-24.75%	-65.42%
Max Drawdown (1Y) Largest decline over 1 year	-42.11%	-4.97%	-37.14%
Max Drawdown (3Y) Largest decline over 3 years	-42.11%	-19.06%	-23.05%
Max Drawdown (5Y) Largest decline over 5 years	-63.73%	-24.61%	-39.12%
Max Drawdown (10Y) Largest decline over 10 years	—	-24.75%	—
Current Drawdown Current decline from peak	-3.23%	-3.37%	+0.14%
Average Drawdown Average peak-to-trough decline	-49.83%	-3.81%	-46.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.46%	1.01%	+17.45%

Volatility

RDVT vs. QYLD - Volatility Comparison

Red Violet, Inc. (RDVT) has a higher volatility of 11.06% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 5.86%. This indicates that RDVT'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.

Volatility by Period

	RDVT	QYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.06%	5.86%	+5.20%
Volatility (6M) Calculated over the trailing 6-month period	36.89%	9.67%	+27.22%
Volatility (1Y) Calculated over the trailing 1-year period	45.88%	10.83%	+35.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.32%	14.98%	+34.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.08%	15.60%	+55.48%

Dividends

RDVT vs. QYLD - Dividend Comparison

RDVT has not paid dividends to shareholders, while QYLD's dividend yield for the trailing twelve months is around 12.88%.

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%
RDVT Red Violet, Inc.	0.00%	0.53%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RDVT and QYLD in my portfolio?

RDVT and QYLD have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RDVT or QYLD?

RDVT has higher volatility (11.06%) compared to QYLD (5.86%). In terms of maximum drawdown, RDVT dropped -90.17% vs QYLD's -24.75%.

Which has better risk-adjusted returns?

QYLD currently has the higher Sharpe Ratio (1.86 vs 1.02), 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.