CABZ vs. QDTE

Last updated Jun 26, 2026

CABZ (Roundhill Robotaxi, Autonomous Vehicles & Technology ETF) and QDTE (Roundhill Innovation-100 0DTE Covered Call Strategy ETF) are both exchange-traded funds - CABZ is a Technology Equities fund actively managed by Roundhill, while QDTE is a Derivative Income fund actively managed by Roundhill. Both are actively managed. Their correlation of 0.80 suggests significant overlap in exposure. CABZ charges 0.59%/yr vs 0.97%/yr for QDTE.

Performance

CABZ vs. QDTE - Performance Comparison

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

Returns By Period

CABZ

• 1D: -0.85%
• 1M: -15.95%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QDTE

• 1D: 1.15%
• 1M: -1.10%
• YTD: 13.50%
• 6M: 12.07%
• 1Y: 32.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CABZ vs. QDTE - Yearly Performance Comparison

	2026 (YTD)
CABZ Roundhill Robotaxi, Autonomous Vehicles & Technology ETF	-13.70%
QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF	11.55%

Correlation

The correlation between CABZ and QDTE is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 14, 2026	0.80

CABZ vs. QDTE - Sectors Allocation Comparison

Sectors	CABZ	QDTE
Technology	46.6%	-
Consumer Cyclical	36.2%	-
Communication Services	11.1%	-
Industrials	4.9%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	5.4%
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

CABZ vs. QDTE — Risk / Return Rank

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

CABZ

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

QDTE

QDTE Risk / Return Rank: 69
QDTE Sharpe Ratio Rank: 70
QDTE Sortino Ratio Rank: 61
QDTE Omega Ratio Rank: 68
QDTE Calmar Ratio Rank: 72
QDTE Martin Ratio Rank: 75

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.

CABZ vs. QDTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Robotaxi, Autonomous Vehicles & Technology ETF (CABZ) 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.

	CABZ	QDTE	Difference
Sharpe ratio: Return per unit of total volatility	—	1.94	—
Sortino ratio: Return per unit of downside risk	—	2.48	—
Omega ratio: Gain probability vs. loss probability	—	1.35	—
Calmar ratio: Return relative to maximum drawdown	—	3.16	—
Martin ratio: Return relative to average drawdown	—	12.16	—

Drawdowns

CABZ vs. QDTE - Drawdown Comparison

The maximum CABZ drawdown since its inception was -23.13%, roughly equal to the maximum QDTE drawdown of -22.86%. Use the drawdown chart below to compare losses from any high point for CABZ and QDTE.

Drawdown Indicators

	CABZ	QDTE	Difference
Max Drawdown Largest peak-to-trough decline	-23.13%	-22.86%	-0.27%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.20%	—
Current Drawdown Current decline from peak	-17.74%	-2.79%	-14.95%
Average Drawdown Average peak-to-trough decline	-9.45%	-3.13%	-6.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.65%	—

Volatility

Volatility by Period

	CABZ	QDTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.47%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.30%	—
Volatility (1Y) Calculated over the trailing 1-year period	34.19%	16.63%	+17.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.19%	18.97%	+15.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.19%	18.97%	+15.22%

CABZ vs. QDTE - Expense Ratio Comparison

CABZ has a 0.59% expense ratio, which is lower than QDTE's 0.97% expense ratio.

Dividends

CABZ vs. QDTE - Dividend Comparison

CABZ has not paid dividends to shareholders, while QDTE's dividend yield for the trailing twelve months is around 45.00%.

Position	TTM	2025	2024
CABZ Roundhill Robotaxi, Autonomous Vehicles & Technology ETF	0.00%	0.00%	0.00%
QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF	45.00%	49.49%	32.09%

Frequently Asked Questions

Can I hold both CABZ and QDTE in my portfolio?

CABZ and QDTE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CABZ or QDTE?

On fees, CABZ is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CABZ or QDTE?

CABZ is cheaper with a 0.59% expense ratio, compared with 0.97% for QDTE.

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

QDTE has the higher dividend yield at 45.00%, compared with 0.00% for CABZ.

What is the main difference between CABZ and QDTE?

CABZ is categorized as Technology Equities, while QDTE is Derivative Income. Their fees differ too: 0.59% for CABZ and 0.97% for QDTE.