XFLT vs. QQQI

In the year-to-date period, XFLT achieves a -9.38% return, which is significantly lower than QQQI's 0.33% return.

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This table presents a comparison of risk-adjusted performance metrics for XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) and NEOS Nasdaq 100 High Income ETF (QQQI). 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.

The current XFLT Sharpe Ratio is -0.44, which is lower than the QQQI Sharpe Ratio of 0.71. The chart below compares the historical Sharpe Ratios of XFLT and QQQI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

XFLT's dividend yield for the trailing twelve months is around 17.13%, more than QQQI's 14.56% yield.

The maximum XFLT drawdown since its inception was -55.42%, which is greater than QQQI's maximum drawdown of -20.00%. Use the drawdown chart below to compare losses from any high point for XFLT and QQQI. For additional features, visit the drawdowns tool.

The current volatility for XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) is 4.45%, while NEOS Nasdaq 100 High Income ETF (QQQI) has a volatility of 6.45%. This indicates that XFLT experiences smaller price fluctuations and is considered to be less risky than QQQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.