Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) Sortino Ratio: 1.09
XDTE's Sortino Ratio of 1.09 indicates that for each unit of downside volatility, it generates 1.09 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 3, 2026).
Unlike other measures, Sortino only focuses on downside volatility (losses), making it particularly useful for investors more concerned about protecting against drawdowns than overall price swings.
XDTE Sortino Ratio Rank
XDTE ranks above 34.0% of all investments in our database based on Sortino Ratio over the past 12 months, indicating below-average returns relative to downside risk taken. Securities are ranked from 0 (worst) to 100 (best).
What moves the rank
- Strong returns with minimal downside volatility → Higher rank
- Severe or frequent drawdowns → Lower rank
- Upside volatility → No impact (Sortino doesn't penalize upside swings)
What you can do with this information
- Returns may not adequately compensate for downside risk taken
- Consider smaller allocation given below-average risk-adjusted profile
- Explore higher-ranked investments with better downside protection
- Assess whether downside exposure aligns with your portfolio goals
XDTE Sortino Ratio Market Positioning
The chart shows XDTE's Sortino Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better downside-adjusted returns.
- Red zone (bottom 25%): 0.80 or lower
- Yellow zone (middle 50%): 0.80 to 2.00
- Green zone (top 25%): 2.00 or higher
- Top 1%: 10.93+
- Median: 1.42 — half of all investments score higher
How it compares to other similar ETFs
The table compares Roundhill S&P 500 0DTE Covered Call Strategy ETF's Sortino Ratio with other ETFs in the Derivative Income, S&P 500 category across multiple time periods, showing how XDTE's risk-adjusted performance compares to similar funds.
Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Apr 3, 2026.
| Symbol | Name | 1Y Sortino Ratio | 5Y Sortino Ratio | 10Y Sortino Ratio | All Time Sortino Ratio |
|---|---|---|---|---|---|
| GOOY | YieldMax GOOGL Option Income Strategy ETF | 3.74 | |||
| GOOP | Kurv Yield Premium Strategy Google ETF | 3.14 | |||
| TSMY | YieldMax TSM Option Income Strategy ETF | 3.03 | |||
| USOY | Defiance Oil Enhanced Options Income ETF | 2.27 | |||
| SPHB | Invesco S&P 500® High Beta ETF | 2.21 | |||
| HIBL | Direxion Daily S&P 500 High Beta Bull 3X Shares | 2.03 | |||
| PBFR | PGIM Laddered S&P 500 Buffer 20 ETF | 2.00 | |||
| DIVO | Amplify CWP Enhanced Dividend Income ETF | 1.94 | |||
| SPVM | Invesco S&P 500 Value with Momentum ETF | 1.93 | |||
| IWMI | NEOS Russell 2000 High Income ETF | 1.92 | |||
| XDTE | Roundhill S&P 500 0DTE Covered Call Strategy ETF | 1.09 |
Historical Sortino Ratio
The chart shows XDTE's rolling Sortino ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to downside risk, while declining trends may signal deteriorating risk-adjusted performance or increased volatility during market stress. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.
Identify market cycles by observing when XDTE consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.
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Explore XDTE risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.