Performance
QQQ vs. QYLD - Performance Comparison
In the year-to-date period, QQQ achieves a 16.41% return, which is significantly higher than QYLD's 12.41% return. Over the past 10 years, QQQ has outperformed QYLD with an annualized return of 17.94%, while QYLD has yielded a comparatively lower 7.57% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
QQQ
QYLD
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QQQ vs. QYLD - Expense Ratio Comparison
QQQ has a 0.20% expense ratio, which is lower than QYLD's 0.60% expense ratio.
Risk-Adjusted Performance
QQQ vs. QYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ (QQQ) 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.
QQQ vs. QYLD - Sharpe Ratio Comparison
The current QQQ Sharpe Ratio is 1.57, which roughly equals the QYLD Sharpe Ratio of 1.45. The chart below compares the 12-month rolling Sharpe Ratio of QQQ and QYLD.
QQQ
QYLD
Dividends
QQQ vs. QYLD - Dividend Comparison
QQQ's dividend yield for the trailing twelve months is around 0.61%, less than QYLD's 11.44% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQQ Invesco QQQ | 0.61% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
QYLD Global X NASDAQ 100 Covered Call ETF | 11.44% | 11.78% | 13.26% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% | 10.74% | 0.00% |
Drawdowns
QQQ vs. QYLD - Drawdown Comparison
The maximum QQQ drawdown since its inception was -82.98%, which is greater than QYLD's maximum drawdown of -24.89%. Use the drawdown chart below to compare losses from any high point for QQQ and QYLD. For additional features, visit the drawdowns tool.
QQQ
QYLD
Volatility
QQQ vs. QYLD - Volatility Comparison
Invesco QQQ (QQQ) has a higher volatility of 6.53% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 4.80%. This indicates that QQQ'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.
QQQ
QYLD
