QYLD vs QQQ comparison¶
QYLD vs QQQ performance comment¶
Market Performance Metrics Overview¶
The table below provides an overview of the market performance metrics for market tickers QYLD and QQQ over a 60-day period.
| Metric | QYLD | QQQ |
|---|---|---|
| High | 17.73 | 429.85 |
| Low | 16.89 | 395.34 |
| Close | 17.71 | 425.83 |
| Start Price | 17.06 | 402.59 |
| Gain | 3.83% | 5.77% |
| Annualized Gain | 58.25% | 87.79% |
| Annualized Volatility | 8.30% | 13.96% |
| Max Drawdown | -0.81% | -1.57% |
| Sharpe Ratio | 7.66 | 6.83 |
Insights and Commentary¶
Gain¶
The gain percentage represents the increase in the price of the market over the 60-day period. QQQ has gained 5.77%, outperforming QYLD which gained 3.83%. This indicates a relatively higher return on investment for QQQ during this period.
Annualized Gain¶
The annualized gain percentage shows the projected yearly increase in the market’s value, based on the 60-day performance. QQQ has an annualized gain of 87.79%, significantly higher than QYLD's 58.25%. This suggests that QQQ has the potential for higher long-term returns.
Annualized Volatility¶
The annualized volatility measures the fluctuation in the market price over the specified period, reflecting the market’s risk level. QYLD has an annualized volatility of 8.30%, while QQQ's volatility is higher at 13.96%. Investors may perceive QYLD as a less volatile option compared to QQQ.
Max Drawdown¶
The maximum drawdown indicates the maximum loss experienced by the market during the period. Both markets have experienced negative drawdowns, with QYLD at -0.81% and QQQ at -1.57%. This demonstrates that QQQ had a larger decline in value compared to QYLD.
Sharpe Ratio¶
The Sharpe ratio evaluates the risk-adjusted return of the market. QYLD has a Sharpe ratio of 7.66, while QQQ's is slightly lower at 6.83. A higher Sharpe ratio suggests better risk-adjusted performance, indicating that QYLD may have provided more favorable risk-adjusted returns during this period.
QYLD YTD Return (Daily)¶
Comment on YTD Total Returns Results of QYLD¶
Historical Performance¶
The YTD Open for QYLD was 17.12, with a YTD High of 17.73 and a YTD Low of 16.89. The YTD Close was 17.71, resulting in a YTD Gain of 3.83%. The YTD Annualized Gain was 58.25%, with an YTD Annualized Volatility of 8.30%. The YTD Max Drawdown was -0.81%, indicating a relatively low level of risk. The YTD Sharpe Ratio showed a high level of return relative to its volatility, at 7.66.
Previous Year Performance¶
In the previous year, the Last Year Annualized Gain was 23.16%, with an Last Year Annualized Volatility of 9.04%. The Last Year Max Drawdown was -6.93%, indicating a higher level of risk compared to the current year data. The Last Year Sharpe Ratio showed a moderate level of return relative to its volatility, at 2.38.
Historical Metrics¶
The Historical Annualized Volatility (excluding current year) was 14.98%, with a Historical Annualized Gain (excluding current year) of 8.11%. The Max Drawdown in Data (excluding current year) was -24.75%, indicating a potential for significant risk. The Average Sharpe Ratio for All Years (Excluding Last) was 0.54, showing a lower level of return relative to its volatility on average.
Current Market Condition¶
The Current last close for QYLD is 17.71, with a Current last 5 days gain of 2.11%. The Current MA 200 stands at 16.50, the Current MA 50 at 16.98, and the Current MA 5 at 17.60. The Current average annualized volatility is 7.92%, higher than the Average annualized volatility a month ago of 4.58%. Comparing the current price to the moving averages, the stock is currently trading above all of the moving averages, indicating a potential bullish trend. However, investors should consider the historical volatility and drawdown metrics to evaluate the potential risk associated with the current market conditions.
QYLD Annual Dividends¶
| Year | Annual Dividend | Dividend Yield |
|---|---|---|
| 2024 | $0.18 | 1.01% |
| 2023 | $2.04 | 11.66% |
| 2022 | $2.19 | 13.88% |
| 2021 | $2.85 | 12.54% |
| 2020 | $2.54 | 11.06% |
QYLD Montly Dividends¶
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.18 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| 2023 | $0.17 | $0.17 | $0.17 | $0.17 | $0.17 | $0.18 | $0.18 | $0.17 | $0.17 | $0.17 | $0.16 | $0.17 |
| 2022 | $0.2 | $0.2 | $0.21 | $0.21 | $0.18 | $0.17 | $0.18 | $0.18 | $0.17 | $0.16 | $0.16 | $0.16 |
| 2021 | $0.23 | $0.23 | $0.22 | $0.23 | $0.22 | $0.19 | $0.22 | $0.19 | $0.19 | $0.2 | $0.22 | $0.5 |
| 2020 | $0.2 | $0.24 | $0.18 | $0.2 | $0.2 | $0.21 | $0.21 | $0.22 | $0.21 | $0.22 | $0.22 | $0.23 |
| 2019 | $0.22 | $0.19 | $0.2 | $0.18 | $0.21 | $0.22 | $0.17 | $0.23 | $0.18 | $0.18 | $0.2 | $0.17 |
| 2018 | $0.25 | $0.25 | $0.25 | $0.23 | $0.22 | $0.2 | $0.18 | $0.23 | $0.2 | $0.25 | $0.22 | $0.17 |
| 2017 | $0.13 | $0.1 | $0.12 | $0.14 | $0.13 | $0.22 | $0.16 | $0.2 | $0.15 | $0.15 | $0.13 | $0.25 |
| 2016 | $0.21 | $0.22 | $0.16 | $0.16 | $0.17 | $0.2 | $0.14 | $0.13 | $0.19 | $0.15 | $0.16 | $0.15 |
| 2015 | $0.23 | $0.15 | $0.16 | $0.15 | $0.17 | $0.15 | $0.15 | $0.2 | $0.22 | $0.21 | $0.18 | $0.21 |
| 2014 | $0.26 | $0.19 | $0.19 | $0.26 | $0.25 | $0.21 | $0.21 | $0.22 | $0.19 | $0.24 | $0.2 | $0.14 |
Published: 2024-01-25
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