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:
1.22
QYLD:
1.81
TWO:
1.72
QYLD:
2.49
TWO:
1.22
QYLD:
1.42
TWO:
0.38
QYLD:
2.51
TWO:
3.55
QYLD:
13.30
TWO:
7.41%
QYLD:
1.46%
TWO:
21.50%
QYLD:
10.75%
TWO:
-84.71%
QYLD:
-24.75%
TWO:
-59.94%
QYLD:
0.00%
Returns By Period
In the year-to-date period, TWO achieves a 18.74% return, which is significantly higher than QYLD's 4.18% return. Over the past 10 years, TWO has underperformed QYLD with an annualized return of -4.06%, while QYLD has yielded a comparatively higher 8.96% annualized return.
TWO
18.74%
13.23%
5.66%
21.29%
-16.54%
-4.06%
QYLD
4.18%
2.16%
11.61%
19.91%
7.57%
8.96%
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Risk-Adjusted Performance
TWO vs. QYLD — Risk-Adjusted Performance Rank
TWO
QYLD
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 13.31%, more than QYLD's 12.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TWO Two Harbors Investment Corp. | 13.31% | 15.22% | 15.08% | 12.94% | 11.79% | 7.85% | 11.42% | 14.64% | 10.65% | 10.67% | 12.84% | 10.38% |
QYLD Global X NASDAQ 100 Covered Call ETF | 12.17% | 12.50% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% |
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 7.92% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 2.32%. 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.