XYLD vs. O
Compare and contrast key facts about Global X S&P 500 Covered Call ETF (XYLD) and Realty Income Corporation (O).
XYLD is a passively managed fund by Global X that tracks the performance of the CBOE S&P 500 2% OTM BuyWrite Index. It was launched on Jun 24, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XYLD or O.
Key characteristics
| XYLD | O | |
|---|---|---|
| YTD Return | 4.72% | -5.11% |
| 1Y Return | 9.13% | -8.84% |
| 3Y Return (Ann) | 4.65% | -2.45% |
| 5Y Return (Ann) | 5.64% | -0.28% |
| 10Y Return (Ann) | 6.27% | 7.18% |
| Sharpe Ratio | 1.63 | -0.38 |
| Daily Std Dev | 6.33% | 19.68% |
| Max Drawdown | -33.46% | -48.45% |
| Current Drawdown | -1.19% | -21.61% |
Correlation
The correlation between XYLD and O is 0.30, 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
XYLD vs. O - Performance Comparison
In the year-to-date period, XYLD achieves a 4.72% return, which is significantly higher than O's -5.11% return. Over the past 10 years, XYLD has underperformed O with an annualized return of 6.27%, while O has yielded a comparatively higher 7.18% 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
XYLD vs. O - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X S&P 500 Covered Call ETF (XYLD) and Realty Income Corporation (O). 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
XYLD vs. O - Dividend Comparison
XYLD's dividend yield for the trailing twelve months is around 9.57%, more than O's 5.72% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XYLD Global X S&P 500 Covered Call ETF | 9.57% | 10.51% | 13.44% | 9.08% | 7.93% | 5.76% | 7.12% | 4.67% | 3.23% | 4.65% | 4.14% | 2.49% |
O Realty Income Corporation | 5.24% | 5.33% | 4.68% | 3.87% | 4.50% | 3.69% | 4.18% | 4.45% | 4.18% | 4.41% | 4.59% | 5.83% |
Drawdowns
XYLD vs. O - Drawdown Comparison
The maximum XYLD drawdown since its inception was -33.46%, smaller than the maximum O drawdown of -48.45%. Use the drawdown chart below to compare losses from any high point for XYLD and O. For additional features, visit the drawdowns tool.
Volatility
XYLD vs. O - Volatility Comparison
The current volatility for Global X S&P 500 Covered Call ETF (XYLD) is 1.86%, while Realty Income Corporation (O) has a volatility of 6.17%. This indicates that XYLD experiences smaller price fluctuations and is considered to be less risky than O based on this measure. The chart below showcases a comparison of their rolling one-month volatility.