BRKW vs. QDTE

Last updated Jun 5, 2026

BRKW (Roundhill BRKB WeeklyPay ETF) and QDTE (Roundhill Innovation-100 0DTE Covered Call Strategy ETF) are both Derivative Income funds from Roundhill. Both are actively managed. At a correlation of -0.05, they often move in opposite directions. BRKW charges 0.99%/yr vs 0.97%/yr for QDTE.

Performance

BRKW vs. QDTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill BRKB WeeklyPay ETF (BRKW) and Roundhill Innovation-100 0DTE Covered Call Strategy ETF (QDTE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BRKW achieves a -6.96% return, which is significantly lower than QDTE's 16.06% return.

BRKW

• 1D: 0.87%
• 1M: 3.11%
• YTD: -6.96%
• 6M: -7.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QDTE

• 1D: -0.45%
• 1M: 7.12%
• YTD: 16.06%
• 6M: 15.73%
• 1Y: 39.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BRKW vs. QDTE - Yearly Performance Comparison

	2026 (YTD)	2025
BRKW Roundhill BRKB WeeklyPay ETF	-6.96%	2.09%
QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF	16.06%	19.30%

Correlation

The correlation between BRKW and QDTE is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 20, 2025	-0.05

BRKW vs. QDTE - Sectors Allocation Comparison

Sectors	BRKW	QDTE
Financial Services	7.4%	5.4%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

BRKW vs. QDTE — Risk / Return Rank

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

QDTE

QDTE Risk / Return Rank: 79
QDTE Sharpe Ratio Rank: 82
QDTE Sortino Ratio Rank: 77
QDTE Omega Ratio Rank: 78
QDTE Calmar Ratio Rank: 77
QDTE Martin Ratio Rank: 80

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.

BRKW vs. QDTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill BRKB WeeklyPay ETF (BRKW) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BRKW	QDTE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.30	1.29	-1.59

Drawdowns

BRKW vs. QDTE - Drawdown Comparison

The maximum BRKW drawdown since its inception was -12.64%, smaller than the maximum QDTE drawdown of -22.86%. Use the drawdown chart below to compare losses from any high point for BRKW and QDTE.

Drawdown Indicators

	BRKW	QDTE	Difference
Max Drawdown Largest peak-to-trough decline	-12.64%	-22.86%	+10.22%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.20%	—
Current Drawdown Current decline from peak	-9.92%	-0.60%	-9.32%
Average Drawdown Average peak-to-trough decline	-5.36%	-3.14%	-2.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.52%	—

Volatility

Volatility by Period

	BRKW	QDTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.72%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.01%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.22%	14.81%	+2.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.22%	18.42%	-1.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.22%	18.42%	-1.20%

BRKW vs. QDTE - Expense Ratio Comparison

BRKW has a 0.99% expense ratio, which is higher than QDTE's 0.97% expense ratio.

Dividends

BRKW vs. QDTE - Dividend Comparison

BRKW's dividend yield for the trailing twelve months is around 24.97%, less than QDTE's 43.41% yield.

Position	TTM	2025	2024
BRKW Roundhill BRKB WeeklyPay ETF	24.97%	14.45%	0.00%
QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF	43.41%	49.49%	32.09%

Frequently Asked Questions

Can I hold both BRKW and QDTE in my portfolio?

BRKW and QDTE have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BRKW or QDTE?

On fees, QDTE is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BRKW or QDTE?

QDTE is cheaper with a 0.97% expense ratio, compared with 0.99% for BRKW.

Which ETF pays a higher dividend yield, BRKW or QDTE?

QDTE has the higher dividend yield at 43.41%, compared with 24.97% for BRKW.

What is the main difference between BRKW and QDTE?

Their fees differ too: 0.99% for BRKW and 0.97% for QDTE.