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Roundhill Innovation-100 0DTE Covered Call Strategy ETF (QDTE) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with QDTE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to QDTE

QDTE charges 0.97% annually. There are 119 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.10%.


Best Risk-Adjusted Alternatives to QDTE

QDTE has a PortfoliosLab risk / return rank of 78. There are 18 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 97.


Top Performing QDTE Alternatives (YTD)

QDTE is at 16.58% YTD. There are 29 ETFs in the Derivative Income category with higher YTD returns, going as high as 363.23%.


Lowest Volatility Alternatives to QDTE

QDTE has 14.81% 1-year volatility. There are 100 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 0.00%.


Lowest Drawdown Alternatives to QDTE

QDTE has a 1-year max drawdown of -10.20%. There are 71 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -1.31%.


Other ETFs from Roundhill

The 10 most viewed Roundhill ETFs shown here include MAGS, XDTE, CHAT and span 6 categories. AUM among these funds goes as high as $14B.


Often Compared With QDTE

Investors most often compare QDTE with YMAX, QQQI, QQQ. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.


SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
YieldMax Universe Fund of Option Income ETFsDerivative Income, Options Trading
14
6.06%
450.20MJan 2024QDTE vs YMAX
NEOS Nasdaq-100 High Income ETFNasdaq-100, Derivative Income
68
13.43%
12.25BJan 2024QDTE vs QQQI
Invesco QQQ ETFNasdaq-100
73
21.30%
493.99BMar 1999QDTE vs QQQ
Defiance Nasdaq 100 Enhanced Options Income ETFNasdaq-100, Options Trading, Dividend
74
19.07%
189.73MSep 2023QDTE vs QQQY
Roundhill Small Cap 0DTE Covered Call Strategy ETFDerivative Income
53
12.69%
162.26MSep 2024QDTE vs RDTE
JPMorgan Nasdaq Equity Premium Income ETFNasdaq-100, Derivative Income
74
9.54%
39.63BMay 2022QDTE vs JEPQ
YieldMax Nasdaq 100 0DTE Covered Call Strategy ETFNasdaq-100, Derivative Income
75
16.37%
34.61MFeb 2025QDTE vs QDTY
REX FANG & Innovation Equity Premium Income ETFTechnology Equities
54
10.42%
733.17MOct 2023QDTE vs FEPI
Defiance R2000 Enhanced Options & 0DTE Income ETFOptions Trading
40
12.25%
99.00MOct 2023QDTE vs IWMY
TappAlpha Innovation 100 Growth & Daily Income ETFDerivative Income
20.13%
23.97MSep 2025QDTE vs TDAQ
Defiance S&P 500 Enhanced Options & 0DTE Income ET...Derivative Income, S&P 500
71
10.59%
67.46MSep 2023QDTE vs WDTE
Defiance Nasdaq 100 Income Target ETFNasdaq-100, Derivative Income
64
19.45%
44.44MJun 2024QDTE vs QQQT
NEOS Bitcoin High Income ETFCryptocurrency, Derivative Income
2
-22.74%
1.24BOct 2024QDTE vs BTCI
ProShares Bitcoin Strategy ETFCryptocurrency
2
-26.37%
1.70BOct 2021QDTE vs BITO
YieldMax Short N100 Option Income Strategy ETFDerivative Income, Inverse Equities
1
-8.94%
13.26MAug 2024QDTE vs YQQQ
Nicholas Global Equity and Income ETFDerivative Income
41
22.12%
89.37MJul 2024QDTE vs GIAX
Kurv Yield Premium Strategy Netflix ETFDerivative Income
1
-18.61%
9.08MOct 2023QDTE vs NFLP
RH Hedged Multi-Asset Income ETFNontraditional Bonds
30
3.91%
36.36MOct 2009QDTE vs AMAX
YieldMax NFLX Option Income Strategy ETFDerivative Income
2
-8.84%
52.62MAug 2023QDTE vs NFLY
YieldMax S&P 500 0DTE Covered Call Strategy ETFDerivative Income, S&P 500
70
8.45%
28.94MFeb 2025QDTE vs SDTY

Compare QDTE with Any Fund or Stock

Compare QDTE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.


 

Diversifiers

Pair QDTE with funds that move differently

Roundhill Innovation-100 0DTE Covered Call Strategy ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QDTE.

Explore QDTE Diversifiers