TRMD vs. QYLD
TRMD (TORM plc) 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 5 years, TRMD returned 46.63%/yr vs 8.61%/yr for QYLD. At a 0.12 correlation, their price movements are largely independent.
Performance
TRMD vs. QYLD - Performance Comparison
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Returns By Period
In the year-to-date period, TRMD achieves a 58.99% return, which is significantly higher than QYLD's 10.00% return.
TRMD
- 1D
- 0.73%
- 1M
- -1.36%
- 6M
- 33.84%
- YTD
- 58.99%
- 1Y
- 86.78%
- 3Y*
- 24.54%
- 5Y*
- 46.63%
- 10Y*
- —
QYLD
- 1D
- -0.38%
- 1M
- 1.51%
- 6M
- 8.64%
- YTD
- 10.00%
- 1Y
- 22.86%
- 3Y*
- 13.57%
- 5Y*
- 8.61%
- 10Y*
- 9.95%
TRMD vs. QYLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
TRMD TORM plc | 58.99% | 11.21% | -23.37% | 31.64% | 297.66% | 12.91% | -25.94% | 84.18% | -22.59% |
QYLD Global X NASDAQ 100 Covered Call ETF | 10.00% | 9.28% | 19.35% | 22.77% | -19.08% | 10.41% | 8.72% | 22.69% | -5.87% |
Correlation
The correlation between TRMD and QYLD is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 2018 | 0.12 |
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Return for Risk
TRMD vs. QYLD — Risk / Return Rank
TRMD
QYLD
TRMD vs. QYLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TORM plc (TRMD) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TRMD | QYLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.46 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.71 | 4.62 | -0.91 |
| Martin ratioReturn relative to average drawdown | 9.60 | 24.00 | -14.40 |
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Drawdowns
TRMD vs. QYLD - Drawdown Comparison
The maximum TRMD drawdown since its inception was -60.59%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for TRMD and QYLD.
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Drawdown Indicators
| TRMD | QYLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.59% | -24.75% | -35.84% |
Max Drawdown (1Y)Largest decline over 1 year | -23.53% | -4.97% | -18.56% |
Max Drawdown (3Y)Largest decline over 3 years | -60.59% | -19.06% | -41.53% |
Max Drawdown (5Y)Largest decline over 5 years | -60.59% | -24.61% | -35.98% |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.75% | — |
Current DrawdownCurrent decline from peak | -13.02% | -0.87% | -12.15% |
Average DrawdownAverage peak-to-trough decline | -22.49% | -3.81% | -18.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.07% | 0.95% | +8.12% |
Volatility
TRMD vs. QYLD - Volatility Comparison
TORM plc (TRMD) has a higher volatility of 12.36% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 5.58%. This indicates that TRMD'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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Volatility by Period
| TRMD | QYLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.36% | 5.58% | +6.78% |
Volatility (6M)Calculated over the trailing 6-month period | 29.03% | 9.46% | +19.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.12% | 10.62% | +27.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.27% | 14.97% | +31.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.67% | 15.59% | +44.08% |
Dividends
TRMD vs. QYLD - Dividend Comparison
TRMD's dividend yield for the trailing twelve months is around 8.16%, 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% |
TRMD TORM plc | 8.16% | 10.32% | 30.13% | 23.05% | 6.99% | 0.00% | 14.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TRMD and QYLD have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TRMD has higher volatility (12.36%) compared to QYLD (5.58%). In terms of maximum drawdown, TRMD dropped -60.59% vs QYLD's -24.75%.
TRMD currently has the higher Sharpe Ratio (2.29 vs 2.16), 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.
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