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

Correlation

The correlation between SLRN and QYLD is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

SLRN vs. QYLD - Performance Comparison

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

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Key characteristics

Sharpe Ratio

SLRN:

-0.56

QYLD:

0.34

Sortino Ratio

SLRN:

-0.34

QYLD:

0.56

Omega Ratio

SLRN:

0.95

QYLD:

1.10

Calmar Ratio

SLRN:

-0.51

QYLD:

0.30

Martin Ratio

SLRN:

-1.00

QYLD:

1.01

Ulcer Index

SLRN:

47.13%

QYLD:

5.60%

Daily Std Dev

SLRN:

89.15%

QYLD:

19.16%

Max Drawdown

SLRN:

-93.44%

QYLD:

-24.75%

Current Drawdown

SLRN:

-92.12%

QYLD:

-9.67%

Returns By Period

In the year-to-date period, SLRN achieves a -27.71% return, which is significantly lower than QYLD's -5.59% return.


SLRN

YTD

-27.71%

1M

-12.02%

6M

-50.11%

1Y

-44.90%

3Y*

N/A

5Y*

N/A

10Y*

N/A

QYLD

YTD

-5.59%

1M

1.26%

6M

-3.85%

1Y

6.20%

3Y*

9.43%

5Y*

7.91%

10Y*

7.67%

*Annualized

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ACELYRIN INC. Common Stock

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

SLRN vs. QYLD — Risk-Adjusted Performance Rank

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

SLRN
The Risk-Adjusted Performance Rank of SLRN is 2323
Overall Rank
The Sharpe Ratio Rank of SLRN is 1919
Sharpe Ratio Rank
The Sortino Ratio Rank of SLRN is 2626
Sortino Ratio Rank
The Omega Ratio Rank of SLRN is 2626
Omega Ratio Rank
The Calmar Ratio Rank of SLRN is 1818
Calmar Ratio Rank
The Martin Ratio Rank of SLRN is 2626
Martin Ratio Rank

QYLD
The Risk-Adjusted Performance Rank of QYLD is 3333
Overall Rank
The Sharpe Ratio Rank of QYLD is 3232
Sharpe Ratio Rank
The Sortino Ratio Rank of QYLD is 3131
Sortino Ratio Rank
The Omega Ratio Rank of QYLD is 3838
Omega Ratio Rank
The Calmar Ratio Rank of QYLD is 3434
Calmar Ratio Rank
The Martin Ratio Rank of QYLD is 3333
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SLRN vs. QYLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ACELYRIN INC. Common Stock (SLRN) 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.


The current SLRN Sharpe Ratio is -0.56, which is lower than the QYLD Sharpe Ratio of 0.34. The chart below compares the historical Sharpe Ratios of SLRN 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.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

SLRN vs. QYLD - Dividend Comparison

SLRN has not paid dividends to shareholders, while QYLD's dividend yield for the trailing twelve months is around 13.78%.


TTM20242023202220212020201920182017201620152014
SLRN
ACELYRIN INC. Common Stock
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QYLD
Global X NASDAQ 100 Covered Call ETF
13.78%12.50%11.78%13.75%12.85%11.16%9.84%12.44%7.69%9.15%9.42%10.74%

Drawdowns

SLRN vs. QYLD - Drawdown Comparison

The maximum SLRN drawdown since its inception was -93.44%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for SLRN and QYLD.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

SLRN vs. QYLD - Volatility Comparison

ACELYRIN INC. Common Stock (SLRN) has a higher volatility of 24.86% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 1.90%. This indicates that SLRN'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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