CCOR vs XYLD
Core Alternative ETF vs Global X S&P 500 Covered Call ETF
Which is better, CCOR or XYLD?
XYLD has been ahead.
XYLD has a lower expense ratio. XYLD led over 1Y, 3Y, 5Y and the full window. XYLD is less concentrated, with 39.8% of the fund in its ten largest positions against 40.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CCOR | XYLD |
|---|---|---|
| Expense Ratio | 1.16% | 0.60%Best |
| AUM | $25M | $3.4B |
| Dividend Yield | 1.00% | 10.44% |
| Holdings | 44 | 1,014 |
| YTD Return | -0.81% | +11.42%Best |
| 1Y Return | -0.54% | +18.43%Best |
| 3Y Return (annualized) | -1.12% | +13.38%Best |
| 5Y Return (annualized) | -1.81% | +7.59%Best |
| Volatility (annualized) | 7.8%Best | 11.6% |
| Max Drawdown | -23.0%Best | -34.7% |
| $10,000 over 5 years | $9,127 | $14,416Best |
| Top 10 Weight | 40.9% | 39.8%Best |
| Fund Family | Core Alternative Capital | Global X by mirae Asset |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | May 23, 2017 | Jun 21, 2013 |
Volatility and max drawdown are measured over the window both funds cover: May 24, 2017 to Oct 14, 2026 (9.4 years).
CCOR vs XYLD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 9.4 years both funds cover.
CCOR vs XYLD Performance
Core Alternative ETF (CCOR) is an ETF from Core Alternative Capital and Global X S&P 500 Covered Call ETF (XYLD) is an ETF from Global X by mirae Asset. Over the past year CCOR returned -0.54% while XYLD returned +18.43%. Year to date, CCOR is down 0.81% versus a gain of 11.42% for XYLD.
Over three years, CCOR compounded at -1.12% per year against +13.38% for XYLD; over five years the annualized figures are -1.81% and +7.59% respectively. Across the full 9-year window we track, XYLD has the edge at +5.17% annualized vs +0.98%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XYLD has been the more volatile fund, with annualized monthly volatility of 11.6% compared with 7.8% for CCOR. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -23.0% for CCOR and -34.7% for XYLD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.07. They move largely independently of each other.
Fees and Cost Over Time
CCOR charges 1.16% per year while XYLD charges 0.60%. On a $10,000 position that is $116 vs $60 annually, a gap of $56 per year that compounds over a long holding period. On income, CCOR currently yields 1.00% against 10.44% for XYLD.
Holdings Overlap
100.0% of CCOR's money is in holdings XYLD also owns. 34.5% of XYLD's money is in holdings CCOR also owns.
Most of CCOR is already inside XYLD. Owning both mostly buys the same companies twice.
35 positions in common, counted across the 37 positions we hold weights for in CCOR and 496 in XYLD, against full books of 44 and 1,014.
What only one of them owns
Our book lists 457 positions for XYLD that do not appear in our book for CCOR (66.7% of the fund), and 1 for CCOR that do not appear in XYLD (4.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in CCOR | Weight in XYLD | Difference |
|---|---|---|---|
| AAPLApple, Inc | 3.13% | 7.44% | 4.31% |
| MSFTMicrosoft Corp | 4.23% | 5.87% | 1.64% |
| GOOGLAlphabet, Inc. - Class a | 5.35% | 3.07% | 2.28% |
| AMZNAmazon.Com Inc | 2.97% | 3.77% | 0.80% |
| JNJJohnson & Johnson | 4.85% | 0.94% | 3.91% |
| JPMJpmorgan Chase & Co | 3.81% | 1.35% | 2.46% |
| XOMExxonmobil Corp. | 4.10% | 1.03% | 3.07% |
| METAMeta Platforms, Inc. | 2.63% | 2.46% | 0.17% |
| MSMorgan Stanley | 4.07% | 0.34% | 3.73% |
| AMDAdvanced Micro Devices Inc. | 2.73% | 1.58% | 1.15% |
100.0% of CCOR is already inside XYLD.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CCOR or XYLD?
CCOR has an expense ratio of 1.16% while XYLD charges 0.60%. XYLD is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, CCOR or XYLD?
Over the past year CCOR returned -0.54% vs +18.43% for XYLD, so XYLD leads on 1-year performance. Over the longest common window we track (9 years), CCOR annualized +0.98% vs +5.17% for XYLD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CCOR or XYLD?
XYLD has been the more volatile fund at 11.6% annualized versus 7.8% for CCOR. Worst drawdown: CCOR -23.0% vs XYLD -34.7%.
Should I hold both CCOR and XYLD?
CCOR and XYLD have a monthly-return correlation of 0.07, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CCOR and XYLD?
100.0% of CCOR's money is in holdings XYLD also owns. 34.5% of XYLD's is in holdings CCOR also owns. They hold 35 positions in common, counted across the 37 positions we hold weights for in CCOR and 496 in XYLD.
Which pays a higher dividend, CCOR or XYLD?
CCOR yields 1.00% while XYLD yields 10.44%, so XYLD currently pays the higher dividend yield.
Is XYLD better than CCOR?
XYLD has a lower expense ratio. XYLD led over 1Y, 3Y, 5Y and the full window. XYLD is less concentrated, with 39.8% of the fund in its ten largest positions against 40.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.