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SLRC vs. QYLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SLRC and QYLD is 0.30, 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.


-0.50.00.51.00.3

Performance

SLRC vs. QYLD - Performance Comparison

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

80.00%100.00%120.00%140.00%JulyAugustSeptemberOctoberNovemberDecember
96.86%
140.08%
SLRC
QYLD

Key characteristics

Sharpe Ratio

SLRC:

1.30

QYLD:

1.97

Sortino Ratio

SLRC:

1.93

QYLD:

2.69

Omega Ratio

SLRC:

1.24

QYLD:

1.48

Calmar Ratio

SLRC:

1.77

QYLD:

2.65

Martin Ratio

SLRC:

5.85

QYLD:

14.19

Ulcer Index

SLRC:

3.03%

QYLD:

1.45%

Daily Std Dev

SLRC:

13.60%

QYLD:

10.40%

Max Drawdown

SLRC:

-63.06%

QYLD:

-24.75%

Current Drawdown

SLRC:

-2.43%

QYLD:

0.00%

Returns By Period

In the year-to-date period, SLRC achieves a 18.34% return, which is significantly lower than QYLD's 19.32% return. Both investments have delivered pretty close results over the past 10 years, with SLRC having a 8.37% annualized return and QYLD not far ahead at 8.52%.


SLRC

YTD

18.34%

1M

0.81%

6M

6.60%

1Y

17.17%

5Y*

5.15%

10Y*

8.37%

QYLD

YTD

19.32%

1M

3.00%

6M

10.81%

1Y

19.98%

5Y*

7.37%

10Y*

8.52%

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Risk-Adjusted Performance

SLRC vs. QYLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SLR Investment Corp. (SLRC) 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.


Sharpe ratio
The chart of Sharpe ratio for SLRC, currently valued at 1.30, compared to the broader market-4.00-2.000.002.001.301.97
The chart of Sortino ratio for SLRC, currently valued at 1.93, compared to the broader market-4.00-2.000.002.004.001.932.69
The chart of Omega ratio for SLRC, currently valued at 1.24, compared to the broader market0.501.001.502.001.241.48
The chart of Calmar ratio for SLRC, currently valued at 1.77, compared to the broader market0.002.004.006.001.772.65
The chart of Martin ratio for SLRC, currently valued at 5.85, compared to the broader market-5.000.005.0010.0015.0020.0025.005.8514.19
SLRC
QYLD

The current SLRC Sharpe Ratio is 1.30, which is lower than the QYLD Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of SLRC and QYLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.30
1.97
SLRC
QYLD

Dividends

SLRC vs. QYLD - Dividend Comparison

SLRC's dividend yield for the trailing twelve months is around 10.22%, less than QYLD's 11.35% yield.


TTM20232022202120202019201820172016201520142013
SLRC
SLR Investment Corp.
10.22%10.93%11.81%8.90%9.37%7.95%8.55%7.92%7.68%9.74%8.88%8.87%
QYLD
Global X NASDAQ 100 Covered Call ETF
11.35%11.78%13.75%12.85%11.16%9.84%12.44%7.69%9.15%9.42%10.74%0.00%

Drawdowns

SLRC vs. QYLD - Drawdown Comparison

The maximum SLRC drawdown since its inception was -63.06%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for SLRC and QYLD. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.43%
0
SLRC
QYLD

Volatility

SLRC vs. QYLD - Volatility Comparison

SLR Investment Corp. (SLRC) has a higher volatility of 3.60% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 1.64%. This indicates that SLRC'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.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
3.60%
1.64%
SLRC
QYLD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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