REG vs. QYLD

Last updated Jun 4, 2026

REG (Regency Centers Corporation) 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, REG returned 3.62%/yr vs 9.80%/yr for QYLD. At a 0.28 correlation, their price movements are largely independent.

Performance

REG vs. QYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Regency Centers Corporation (REG) 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, REG achieves a 11.62% return, which is significantly higher than QYLD's 7.88% return. Over the past 10 years, REG has underperformed QYLD with an annualized return of 3.62%, while QYLD has yielded a comparatively higher 9.80% annualized return.

REG

• 1D: 0.37%
• 1M: -3.10%
• YTD: 11.62%
• 6M: 11.42%
• 1Y: 11.07%
• 3Y*: 13.95%
• 5Y*: 7.22%
• 10Y*: 3.62%

QYLD

• 1D: -0.06%
• 1M: 1.62%
• YTD: 7.88%
• 6M: 9.97%
• 1Y: 23.93%
• 3Y*: 13.80%
• 5Y*: 8.43%
• 10Y*: 9.80%

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

REG vs. QYLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
REG Regency Centers Corporation	11.62%	-2.78%	14.90%	11.85%	-13.59%	71.41%	-23.86%	11.43%	-12.00%	3.62%
QYLD Global X NASDAQ 100 Covered Call ETF	7.88%	9.28%	19.35%	22.77%	-19.08%	10.41%	8.72%	22.69%	-3.07%	18.79%

Correlation

The correlation between REG and QYLD is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (10Y) Calculated over the trailing 10-year period	0.27
Correlation (All Time) Calculated using the full available price history since Dec 13, 2013	0.28

Over the past year, the correlation between REG and QYLD has dropped to 0.07 - well below their long-term average of 0.28, suggesting their price drivers have been diverging.

Return for Risk

REG vs. QYLD — Risk / Return Rank

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

REG

REG Risk / Return Rank: 61
REG Sharpe Ratio Rank: 63
REG Sortino Ratio Rank: 56
REG Omega Ratio Rank: 53
REG Calmar Ratio Rank: 66
REG Martin Ratio Rank: 67

QYLD

QYLD Risk / Return Rank: 88
QYLD Sharpe Ratio Rank: 84
QYLD Sortino Ratio Rank: 85
QYLD Omega Ratio Rank: 92
QYLD Calmar Ratio Rank: 86
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.

REG vs. QYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Regency Centers Corporation (REG) 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.

	REG	QYLD	Difference
Sharpe ratio: Return per unit of total volatility	0.71	2.80	-2.10
Sortino ratio: Return per unit of downside risk	1.11	3.92	-2.81
Omega ratio: Gain probability vs. loss probability	1.13	1.63	-0.50
Calmar ratio: Return relative to maximum drawdown	1.36	4.84	-3.48
Martin ratio: Return relative to average drawdown	3.34	28.36	-25.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

REG vs. QYLD - Sharpe Ratio Comparison

The current REG Sharpe Ratio is 0.71, which is lower than the QYLD Sharpe Ratio of 2.80. The chart below compares the historical Sharpe Ratios of REG 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.

Sharpe Ratios by Period

	REG	QYLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.71	2.80	-2.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	0.58	-0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.12	0.63	-0.51
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.59	-0.27

Drawdowns

REG vs. QYLD - Drawdown Comparison

The maximum REG drawdown since its inception was -73.37%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for REG and QYLD.

Drawdown Indicators

	REG	QYLD	Difference
Max Drawdown Largest peak-to-trough decline	-73.37%	-24.75%	-48.62%
Max Drawdown (1Y) Largest decline over 1 year	-8.17%	-4.97%	-3.20%
Max Drawdown (3Y) Largest decline over 3 years	-15.10%	-19.06%	+3.96%
Max Drawdown (5Y) Largest decline over 5 years	-30.09%	-24.61%	-5.48%
Max Drawdown (10Y) Largest decline over 10 years	-57.02%	-24.75%	-32.27%
Current Drawdown Current decline from peak	-5.93%	-0.06%	-5.87%
Average Drawdown Average peak-to-trough decline	-16.18%	-3.84%	-12.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.32%	0.85%	+2.47%

Volatility

REG vs. QYLD - Volatility Comparison

Regency Centers Corporation (REG) has a higher volatility of 3.87% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 1.85%. This indicates that REG'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

	REG	QYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.87%	1.85%	+2.02%
Volatility (6M) Calculated over the trailing 6-month period	11.03%	7.12%	+3.91%
Volatility (1Y) Calculated over the trailing 1-year period	15.74%	8.58%	+7.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.39%	14.70%	+7.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.87%	15.49%	+14.38%

Dividends

REG vs. QYLD - Dividend Comparison

REG's dividend yield for the trailing twelve months is around 3.83%, less than QYLD's 11.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QYLD Global X NASDAQ 100 Covered Call ETF	11.46%	11.55%	12.50%	11.78%	13.75%	12.85%	11.16%	9.84%	12.44%	7.69%	9.15%	9.42%
REG Regency Centers Corporation	3.83%	4.16%	3.67%	3.91%	4.04%	3.20%	5.22%	3.71%	3.78%	3.04%	2.90%	2.85%

Frequently Asked Questions

Can I hold both REG and QYLD in my portfolio?

REG and QYLD have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, REG or QYLD?

REG has higher volatility (3.87%) compared to QYLD (1.85%). In terms of maximum drawdown, REG dropped -73.37% vs QYLD's -24.75%.

Which has better risk-adjusted returns?

QYLD currently has the higher Sharpe Ratio (2.80 vs 0.71), 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.