TWO vs. QYLD
Compare and contrast key facts about Two Harbors Investment Corp. (TWO) 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.
Performance
TWO vs. QYLD - Performance Comparison
Loading graphics...
TWO vs. QYLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TWO Two Harbors Investment Corp. | 11.29% | 2.52% | -2.73% | 2.31% | -23.25% | 0.03% | -52.19% | 28.73% | -10.33% | 26.53% |
QYLD Global X NASDAQ 100 Covered Call ETF | 0.61% | 9.28% | 19.35% | 22.77% | -19.08% | 10.41% | 8.72% | 22.69% | -3.07% | 18.79% |
Returns By Period
In the year-to-date period, TWO achieves a 11.29% return, which is significantly higher than QYLD's 0.61% return. Over the past 10 years, TWO has underperformed QYLD with an annualized return of -2.99%, while QYLD has yielded a comparatively higher 8.96% annualized return.
TWO
- 1D
- -0.96%
- 1M
- 10.77%
- YTD
- 11.29%
- 6M
- 19.15%
- 1Y
- -1.95%
- 3Y*
- 5.44%
- 5Y*
- -5.97%
- 10Y*
- -2.99%
QYLD
- 1D
- 0.58%
- 1M
- -1.11%
- YTD
- 0.61%
- 6M
- 7.46%
- 1Y
- 16.36%
- 3Y*
- 13.19%
- 5Y*
- 7.01%
- 10Y*
- 8.96%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TWO vs. QYLD — Risk / Return Rank
TWO
QYLD
TWO vs. QYLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Two Harbors Investment Corp. (TWO) 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.
| TWO | QYLD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.05 | 1.00 | -1.05 |
Sortino ratioReturn per unit of downside risk | 0.25 | 1.61 | -1.36 |
Omega ratioGain probability vs. loss probability | 1.03 | 1.31 | -0.28 |
Calmar ratioReturn relative to maximum drawdown | -0.08 | 1.57 | -1.64 |
Martin ratioReturn relative to average drawdown | -0.16 | 10.32 | -10.48 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| TWO | QYLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.05 | 1.00 | -1.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.18 | 0.47 | -0.65 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.06 | 0.58 | -0.64 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.06 | 0.56 | -0.50 |
Correlation
The correlation between TWO 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.
Dividends
TWO vs. QYLD - Dividend Comparison
TWO's dividend yield for the trailing twelve months is around 13.44%, more than QYLD's 11.85% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TWO Two Harbors Investment Corp. | 13.44% | 15.52% | 15.22% | 15.08% | 12.94% | 11.79% | 7.85% | 11.42% | 14.64% | 23.31% | 10.67% | 12.84% |
QYLD Global X NASDAQ 100 Covered Call ETF | 11.85% | 11.55% | 12.50% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% |
Drawdowns
TWO vs. QYLD - Drawdown Comparison
The maximum TWO drawdown since its inception was -84.71%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for TWO and QYLD.
Loading graphics...
Drawdown Indicators
| TWO | QYLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.71% | -24.75% | -59.96% |
Max Drawdown (1Y)Largest decline over 1 year | -36.81% | -10.84% | -25.97% |
Max Drawdown (5Y)Largest decline over 5 years | -57.23% | -24.61% | -32.62% |
Max Drawdown (10Y)Largest decline over 10 years | -84.71% | -24.75% | -59.96% |
Current DrawdownCurrent decline from peak | -61.51% | -1.84% | -59.67% |
Average DrawdownAverage peak-to-trough decline | -28.24% | -3.89% | -24.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.68% | 1.65% | +16.03% |
Volatility
TWO vs. QYLD - Volatility Comparison
Two Harbors Investment Corp. (TWO) has a higher volatility of 16.89% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 4.90%. This indicates that TWO'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.
Loading graphics...
Volatility by Period
| TWO | QYLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.89% | 4.90% | +11.99% |
Volatility (6M)Calculated over the trailing 6-month period | 36.84% | 7.50% | +29.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.19% | 16.43% | +26.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.58% | 14.84% | +18.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.91% | 15.51% | +32.40% |