UAN vs. QYLD
Compare and contrast key facts about CVR Partners, LP (UAN) 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: UAN or QYLD.
Correlation
The correlation between UAN and QYLD is 0.19, 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
UAN vs. QYLD - Performance Comparison
Key characteristics
UAN:
0.97
QYLD:
1.90
UAN:
1.85
QYLD:
2.63
UAN:
1.22
QYLD:
1.45
UAN:
0.70
QYLD:
2.61
UAN:
2.63
QYLD:
13.89
UAN:
12.17%
QYLD:
1.46%
UAN:
32.99%
QYLD:
10.61%
UAN:
-96.77%
QYLD:
-24.75%
UAN:
-22.60%
QYLD:
0.00%
Returns By Period
In the year-to-date period, UAN achieves a 8.69% return, which is significantly higher than QYLD's 1.59% return. Over the past 10 years, UAN has underperformed QYLD with an annualized return of 6.72%, while QYLD has yielded a comparatively higher 8.93% annualized return.
UAN
8.69%
10.01%
8.37%
32.43%
38.83%
6.72%
QYLD
1.59%
2.56%
10.80%
20.15%
7.37%
8.93%
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Risk-Adjusted Performance
UAN vs. QYLD — Risk-Adjusted Performance Rank
UAN
QYLD
UAN vs. QYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CVR Partners, LP (UAN) 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
UAN vs. QYLD - Dividend Comparison
UAN's dividend yield for the trailing twelve months is around 8.10%, less than QYLD's 12.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UAN CVR Partners, LP | 8.10% | 8.81% | 40.64% | 19.21% | 5.62% | 0.00% | 12.90% | 0.00% | 0.61% | 11.81% | 15.61% | 14.48% |
QYLD Global X NASDAQ 100 Covered Call ETF | 12.30% | 12.50% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% |
Drawdowns
UAN vs. QYLD - Drawdown Comparison
The maximum UAN drawdown since its inception was -96.77%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for UAN and QYLD. For additional features, visit the drawdowns tool.
Volatility
UAN vs. QYLD - Volatility Comparison
CVR Partners, LP (UAN) has a higher volatility of 7.19% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 3.23%. This indicates that UAN'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.