BABW vs. QDTE
BABW (Roundhill BABA WeeklyPay ETF) and QDTE (Roundhill Innovation-100 0DTE Covered Call Strategy ETF) are both Derivative Income funds from Roundhill. Both are actively managed. Their 0.39 correlation means their historical movements had little consistent relationship. BABW charges 0.99%/yr vs 0.95%/yr for QDTE.
Performance
BABW vs. QDTE - Performance Comparison
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Returns By Period
In the year-to-date period, BABW achieves a -16.68% return, which is significantly lower than QDTE's 14.34% return.
BABW
- 1D
- 1.55%
- 1M
- 40.41%
- 6M
- -26.50%
- YTD
- -16.68%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
QDTE
- 1D
- 2.48%
- 1M
- 1.86%
- 6M
- 13.49%
- YTD
- 14.34%
- 1Y
- 27.12%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 21.48%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $110.31K | $74.82K | $59.98K | |
| $17.82M | $18.23M | $19.82M |
BABW vs. QDTE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BABW Roundhill BABA WeeklyPay ETF | -16.68% | -16.98% |
QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF | 14.34% | 4.19% |
Correlation
The correlation between BABW and QDTE is 0.39, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025 | 0.39 |
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Return for Risk
BABW vs. QDTE — Risk / Return Rank
BABW
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QDTE
BABW vs. QDTE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill BABA WeeklyPay ETF (BABW) and Roundhill Innovation-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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BABW | QDTE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.27 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.67 | — |
| Martin ratioReturn relative to average drawdown | — | 9.04 | — |
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Drawdowns
BABW vs. QDTE - Drawdown Comparison
The maximum BABW drawdown since its inception was -54.76%, which is greater than QDTE's maximum drawdown of -22.86%. Use the drawdown chart below to compare losses from any high point for BABW and QDTE.
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Drawdown Indicators
| BABW | QDTE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.76% | -22.86% | -31.90% |
Max Drawdown (1Y)Largest decline over 1 year | — | -10.20% | — |
Current DrawdownCurrent decline from peak | -35.40% | -2.08% | -33.32% |
Average DrawdownAverage peak-to-trough decline | -27.02% | -3.17% | -23.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.01% | — |
Volatility
BABW vs. QDTE - Volatility Comparison
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Volatility by Period
| BABW | QDTE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.97% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 14.94% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 50.46% | 18.11% | +32.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.46% | 19.21% | +31.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.46% | 19.21% | +31.25% |
BABW vs. QDTE - Expense Ratio Comparison
BABW has a 0.99% expense ratio, which is higher than QDTE's 0.95% expense ratio.
Dividends
BABW vs. QDTE - Dividend Comparison
BABW's dividend yield for the trailing twelve months is around 45.79%, more than QDTE's 44.87% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BABW Roundhill BABA WeeklyPay ETF | 45.79% | 10.68% | 0.00% |
QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF | 44.87% | 49.49% | 32.09% |
Frequently Asked Questions
BABW and QDTE have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QDTE is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QDTE is cheaper with a 0.95% expense ratio, compared with 0.99% for BABW.
BABW has the higher dividend yield at 45.79%, compared with 44.87% for QDTE.
Their fees differ too: 0.99% for BABW and 0.95% for QDTE.
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