SRET vs. QYLD
Compare and contrast key facts about Global X SuperDividend REIT ETF (SRET) and Global X NASDAQ 100 Covered Call ETF (QYLD).
SRET and QYLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SRET is a passively managed fund by Global X that tracks the performance of the Solactive Global SuperDividend REIT Index. It was launched on Mar 17, 2015. 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. Both SRET and QYLD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SRET or QYLD.
Key characteristics
| SRET | QYLD | |
|---|---|---|
| YTD Return | -9.52% | 4.40% |
| 1Y Return | 0.67% | 15.70% |
| 3Y Return (Ann) | -6.44% | 3.46% |
| 5Y Return (Ann) | -8.87% | 6.45% |
| Sharpe Ratio | -0.04 | 1.73 |
| Daily Std Dev | 18.17% | 8.33% |
| Max Drawdown | -66.98% | -24.89% |
| Current Drawdown | -43.13% | -2.63% |
Correlation
The correlation between SRET and QYLD is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SRET vs. QYLD - Performance Comparison
In the year-to-date period, SRET achieves a -9.52% return, which is significantly lower than QYLD's 4.40% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SRET vs. QYLD - Expense Ratio Comparison
SRET has a 0.58% expense ratio, which is lower than QYLD's 0.60% expense ratio.
Risk-Adjusted Performance
SRET vs. QYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X SuperDividend REIT ETF (SRET) 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
SRET vs. QYLD - Dividend Comparison
SRET's dividend yield for the trailing twelve months is around 8.05%, less than QYLD's 11.90% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SRET Global X SuperDividend REIT ETF | 8.05% | 7.21% | 8.30% | 6.33% | 8.92% | 7.77% | 8.51% | 8.17% | 8.05% | 7.71% | 0.00% |
QYLD Global X NASDAQ 100 Covered Call ETF | 11.90% | 11.78% | 13.26% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% |
Drawdowns
SRET vs. QYLD - Drawdown Comparison
The maximum SRET drawdown since its inception was -66.98%, which is greater than QYLD's maximum drawdown of -24.89%. Use the drawdown chart below to compare losses from any high point for SRET and QYLD. For additional features, visit the drawdowns tool.
Volatility
SRET vs. QYLD - Volatility Comparison
Global X SuperDividend REIT ETF (SRET) has a higher volatility of 5.62% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 2.75%. This indicates that SRET'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.