SLRC vs. QYLD
Compare and contrast key facts about SLR Investment Corp. (SLRC) and Global X NASDAQ 100 Covered Call ETF (QYLD).
QYLD is a passively managed fund by Global X that tracks the performance of the CBOE NASDAQ-100 Buy Write V2. It was launched on Dec 12, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SLRC or QYLD.
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.
Performance
SLRC vs. QYLD - Performance Comparison
Key characteristics
SLRC:
1.50
QYLD:
1.90
SLRC:
2.20
QYLD:
2.63
SLRC:
1.27
QYLD:
1.45
SLRC:
2.03
QYLD:
2.61
SLRC:
6.72
QYLD:
13.89
SLRC:
3.03%
QYLD:
1.46%
SLRC:
13.56%
QYLD:
10.61%
SLRC:
-63.06%
QYLD:
-24.75%
SLRC:
0.00%
QYLD:
0.00%
Returns By Period
In the year-to-date period, SLRC achieves a 2.41% return, which is significantly higher than QYLD's 1.59% return. Over the past 10 years, SLRC has underperformed QYLD with an annualized return of 8.23%, while QYLD has yielded a comparatively higher 8.93% annualized return.
SLRC
2.41%
2.41%
7.42%
21.38%
5.84%
8.23%
QYLD
1.59%
2.56%
10.80%
20.15%
7.37%
8.93%
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Risk-Adjusted Performance
SLRC vs. QYLD — Risk-Adjusted Performance Rank
SLRC
QYLD
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.
Dividends
SLRC vs. QYLD - Dividend Comparison
SLRC's dividend yield for the trailing twelve months is around 9.91%, less than QYLD's 12.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SLRC SLR Investment Corp. | 9.91% | 10.15% | 10.93% | 11.81% | 8.90% | 9.37% | 7.95% | 8.55% | 7.92% | 7.68% | 9.74% | 8.88% |
QYLD Global X NASDAQ 100 Covered Call ETF | 12.30% | 12.50% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% |
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.
Volatility
SLRC vs. QYLD - Volatility Comparison
SLR Investment Corp. (SLRC) has a higher volatility of 3.67% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 3.23%. 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.