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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TWO or QYLD.
Correlation
The correlation between TWO and QYLD is 0.31, 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
TWO vs. QYLD - Performance Comparison
Key characteristics
TWO:
-0.24
QYLD:
1.91
TWO:
-0.17
QYLD:
2.59
TWO:
0.98
QYLD:
1.46
TWO:
-0.08
QYLD:
2.54
TWO:
-0.72
QYLD:
13.61
TWO:
7.41%
QYLD:
1.45%
TWO:
22.26%
QYLD:
10.33%
TWO:
-84.71%
QYLD:
-24.75%
TWO:
-66.58%
QYLD:
0.00%
Returns By Period
In the year-to-date period, TWO achieves a -3.63% return, which is significantly lower than QYLD's 18.48% return. Over the past 10 years, TWO has underperformed QYLD with an annualized return of -5.60%, while QYLD has yielded a comparatively higher 8.47% annualized return.
TWO
-3.63%
0.69%
-5.06%
-5.33%
-18.40%
-5.60%
QYLD
18.48%
2.16%
9.73%
19.68%
7.22%
8.47%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
TWO vs. QYLD - Risk-Adjusted Performance 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.
Dividends
TWO vs. QYLD - Dividend Comparison
TWO's dividend yield for the trailing twelve months is around 15.36%, more than QYLD's 11.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TWO Two Harbors Investment Corp. | 15.36% | 15.08% | 12.94% | 11.79% | 7.85% | 11.42% | 14.64% | 10.65% | 10.67% | 12.84% | 10.38% | 12.61% |
QYLD Global X NASDAQ 100 Covered Call ETF | 11.43% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% | 0.00% |
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. For additional features, visit the drawdowns tool.
Volatility
TWO vs. QYLD - Volatility Comparison
Two Harbors Investment Corp. (TWO) has a higher volatility of 4.66% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 1.07%. 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.