UHT vs. QYLD
Compare and contrast key facts about Universal Health Realty Income Trust (UHT) 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: UHT or QYLD.
Key characteristics
| UHT | QYLD | |
|---|---|---|
| YTD Return | 3.89% | 18.06% |
| 1Y Return | 16.66% | 22.66% |
| 3Y Return (Ann) | -5.06% | 5.37% |
| 5Y Return (Ann) | -13.79% | 7.67% |
| 10Y Return (Ann) | 3.50% | 8.44% |
| Sharpe Ratio | 0.53 | 2.26 |
| Sortino Ratio | 0.93 | 3.10 |
| Omega Ratio | 1.11 | 1.55 |
| Calmar Ratio | 0.21 | 2.93 |
| Martin Ratio | 1.29 | 16.14 |
| Ulcer Index | 11.07% | 1.41% |
| Daily Std Dev | 26.63% | 10.05% |
| Max Drawdown | -69.20% | -24.89% |
| Current Drawdown | -58.10% | 0.00% |
Correlation
The correlation between UHT and QYLD is 0.28, 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
UHT vs. QYLD - Performance Comparison
In the year-to-date period, UHT achieves a 3.89% return, which is significantly lower than QYLD's 18.06% return. Over the past 10 years, UHT has underperformed QYLD with an annualized return of 3.50%, while QYLD has yielded a comparatively higher 8.44% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
UHT vs. QYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Universal Health Realty Income Trust (UHT) 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
UHT vs. QYLD - Dividend Comparison
UHT's dividend yield for the trailing twelve months is around 6.84%, less than QYLD's 11.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UHT Universal Health Realty Income Trust | 6.84% | 6.66% | 5.95% | 4.71% | 4.29% | 2.32% | 4.37% | 3.51% | 3.96% | 5.12% | 5.24% | 6.23% |
QYLD Global X NASDAQ 100 Covered Call ETF | 11.25% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% | 0.00% |
Drawdowns
UHT vs. QYLD - Drawdown Comparison
The maximum UHT drawdown since its inception was -69.20%, which is greater than QYLD's maximum drawdown of -24.89%. Use the drawdown chart below to compare losses from any high point for UHT and QYLD. For additional features, visit the drawdowns tool.
Volatility
UHT vs. QYLD - Volatility Comparison
Universal Health Realty Income Trust (UHT) has a higher volatility of 7.42% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 2.54%. This indicates that UHT'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.