BNDD vs. XDTE
Compare and contrast key facts about Quadratic Deflation ETF (BNDD) and Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE).
BNDD and XDTE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BNDD is an actively managed fund by Quadratic. It was launched on Sep 16, 2021. XDTE is an actively managed fund by Roundhill. It was launched on Mar 6, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BNDD or XDTE.
Correlation
The correlation between BNDD and XDTE is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BNDD vs. XDTE - Performance Comparison
Key characteristics
BNDD:
-0.73
XDTE:
0.43
BNDD:
-0.92
XDTE:
0.64
BNDD:
0.89
XDTE:
1.10
BNDD:
-0.33
XDTE:
0.37
BNDD:
-1.50
XDTE:
1.38
BNDD:
6.40%
XDTE:
5.07%
BNDD:
13.18%
XDTE:
16.41%
BNDD:
-29.06%
XDTE:
-19.09%
BNDD:
-26.80%
XDTE:
-13.36%
Returns By Period
In the year-to-date period, BNDD achieves a -4.60% return, which is significantly higher than XDTE's -9.62% return.
BNDD
-4.60%
-4.48%
-8.46%
-9.88%
N/A
N/A
XDTE
-9.62%
-5.86%
-8.79%
7.90%
N/A
N/A
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BNDD vs. XDTE - Expense Ratio Comparison
BNDD has a 1.04% expense ratio, which is higher than XDTE's 0.95% expense ratio.
Risk-Adjusted Performance
BNDD vs. XDTE — Risk-Adjusted Performance Rank
BNDD
XDTE
BNDD vs. XDTE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Quadratic Deflation ETF (BNDD) and Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE). 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.
Dividends
BNDD vs. XDTE - Dividend Comparison
BNDD's dividend yield for the trailing twelve months is around 3.96%, less than XDTE's 32.49% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
BNDD Quadratic Deflation ETF | 3.96% | 3.85% | 4.30% | 43.17% | 1.04% |
XDTE Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call Strategy ETF | 32.49% | 20.35% | 0.00% | 0.00% | 0.00% |
Drawdowns
BNDD vs. XDTE - Drawdown Comparison
The maximum BNDD drawdown since its inception was -29.06%, which is greater than XDTE's maximum drawdown of -19.09%. Use the drawdown chart below to compare losses from any high point for BNDD and XDTE. For additional features, visit the drawdowns tool.
Volatility
BNDD vs. XDTE - Volatility Comparison
The current volatility for Quadratic Deflation ETF (BNDD) is 6.63%, while Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) has a volatility of 11.00%. This indicates that BNDD experiences smaller price fluctuations and is considered to be less risky than XDTE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.