BTCI vs. QDTE
Compare and contrast key facts about NEOS Bitcoin High Income ETF (BTCI) and Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE).
BTCI and QDTE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BTCI is an actively managed fund by Neos Investments. It was launched on Oct 16, 2024. QDTE 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: BTCI or QDTE.
Correlation
The correlation between BTCI and QDTE is 0.38, 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
BTCI vs. QDTE - Performance Comparison
Key characteristics
BTCI:
41.84%
QDTE:
16.86%
BTCI:
-10.95%
QDTE:
-10.74%
BTCI:
-6.69%
QDTE:
0.00%
Returns By Period
In the year-to-date period, BTCI achieves a 4.89% return, which is significantly lower than QDTE's 5.98% return.
BTCI
4.89%
-5.46%
N/A
N/A
N/A
N/A
QDTE
5.98%
3.12%
13.37%
N/A
N/A
N/A
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BTCI vs. QDTE - Expense Ratio Comparison
BTCI has a 0.98% expense ratio, which is higher than QDTE's 0.95% expense ratio.
Risk-Adjusted Performance
BTCI vs. QDTE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NEOS Bitcoin High Income ETF (BTCI) 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.
Not enough dataDividends
BTCI vs. QDTE - Dividend Comparison
BTCI's dividend yield for the trailing twelve months is around 9.20%, less than QDTE's 35.89% yield.
| TTM | 2024 | |
|---|---|---|
BTCI NEOS Bitcoin High Income ETF | 9.20% | 6.76% |
QDTE Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF | 35.89% | 32.10% |
Drawdowns
BTCI vs. QDTE - Drawdown Comparison
The maximum BTCI drawdown since its inception was -10.95%, roughly equal to the maximum QDTE drawdown of -10.74%. Use the drawdown chart below to compare losses from any high point for BTCI and QDTE. For additional features, visit the drawdowns tool.
Volatility
BTCI vs. QDTE - Volatility Comparison
NEOS Bitcoin High Income ETF (BTCI) has a higher volatility of 7.26% compared to Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) at 4.36%. This indicates that BTCI'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.