ABNY vs. QDTE

Last updated Apr 1, 2026

Compare and contrast key facts about YieldMax ABNB Option Income Strategy ETF (ABNY) and Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE).

ABNY and QDTE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ABNY is an actively managed fund by YieldMax. It was launched on Jun 24, 2024. QDTE is an actively managed fund by Roundhill. It was launched on Mar 6, 2024.

Performance

ABNY vs. QDTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax ABNB Option Income Strategy ETF (ABNY) and Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE). The values are adjusted to include any dividend payments, if applicable.

ABNY vs. QDTE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ABNY YieldMax ABNB Option Income Strategy ETF	-5.21%	-2.05%	-9.41%
QDTE Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF	-5.34%	19.32%	9.75%

Returns By Period

The year-to-date returns for both stocks are quite close, with ABNY having a -5.21% return and QDTE slightly lower at -5.34%.

ABNY

• 1D: 2.25%
• 1M: -4.41%
• YTD: -5.21%
• 6M: 4.40%
• 1Y: 2.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QDTE

• 1D: 2.12%
• 1M: -5.56%
• YTD: -5.34%
• 6M: -1.02%
• 1Y: 20.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ABNY vs. QDTE - Expense Ratio Comparison

ABNY has a 0.99% expense ratio, which is higher than QDTE's 0.95% expense ratio.

ABNY

YieldMax ABNB Option Income Strategy ETF

QDTE

Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF

Return for Risk

ABNY vs. QDTE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ABNY

ABNY Risk / Return Rank: 14
ABNY Sharpe Ratio Rank: 14
ABNY Sortino Ratio Rank: 15
ABNY Omega Ratio Rank: 15
ABNY Calmar Ratio Rank: 14
ABNY Martin Ratio Rank: 14

QDTE

QDTE Risk / Return Rank: 60
QDTE Sharpe Ratio Rank: 63
QDTE Sortino Ratio Rank: 58
QDTE Omega Ratio Rank: 61
QDTE Calmar Ratio Rank: 60
QDTE Martin Ratio Rank: 59

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ABNY vs. QDTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax ABNB Option Income Strategy ETF (ABNY) and Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE). 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.

	ABNY	QDTE	Difference
Sharpe ratio Return per unit of total volatility	0.09	1.05	-0.96
Sortino ratio Return per unit of downside risk	0.32	1.42	-1.10
Omega ratio Gain probability vs. loss probability	1.04	1.21	-0.17
Calmar ratio Return relative to maximum drawdown	0.11	1.39	-1.28
Martin ratio Return relative to average drawdown	0.22	5.36	-5.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ABNY vs. QDTE - Sharpe Ratio Comparison

The current ABNY Sharpe Ratio is 0.09, which is lower than the QDTE Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of ABNY and QDTE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ABNY	QDTE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.09	1.05	-0.96
Sharpe Ratio (All Time) Calculated using the full available price history	-0.30	0.76	-1.06

Correlation

The correlation between ABNY and QDTE is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ABNY vs. QDTE - Dividend Comparison

ABNY's dividend yield for the trailing twelve months is around 55.60%, more than QDTE's 51.06% yield.

	TTM	2025	2024
ABNY YieldMax ABNB Option Income Strategy ETF	55.60%	53.45%	22.09%
QDTE Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF	51.06%	49.49%	32.09%

Drawdowns

ABNY vs. QDTE - Drawdown Comparison

The maximum ABNY drawdown since its inception was -31.62%, which is greater than QDTE's maximum drawdown of -22.86%. Use the drawdown chart below to compare losses from any high point for ABNY and QDTE.

Drawdown Indicators

	ABNY	QDTE	Difference
Max Drawdown Largest peak-to-trough decline	-31.62%	-22.86%	-8.76%
Max Drawdown (1Y) Largest decline over 1 year	-17.87%	-14.08%	-3.79%
Current Drawdown Current decline from peak	-20.29%	-8.29%	-12.00%
Average Drawdown Average peak-to-trough decline	-16.44%	-3.30%	-13.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.11%	3.65%	+5.46%

Volatility

ABNY vs. QDTE - Volatility Comparison

YieldMax ABNB Option Income Strategy ETF (ABNY) has a higher volatility of 9.03% compared to Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) at 5.64%. This indicates that ABNY's price experiences larger fluctuations and is considered to be riskier than QDTE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ABNY	QDTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.03%	5.64%	+3.39%
Volatility (6M) Calculated over the trailing 6-month period	18.64%	12.02%	+6.62%
Volatility (1Y) Calculated over the trailing 1-year period	29.40%	19.33%	+10.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.85%	18.70%	+12.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.85%	18.70%	+12.15%