CRSH vs. XDTE

Last updated Apr 2, 2026

Compare and contrast key facts about YieldMax Short TSLA Option Income Strategy ETF (CRSH) and Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE).

CRSH and XDTE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CRSH is an actively managed fund by YieldMax. It was launched on May 1, 2024. XDTE is an actively managed fund by Roundhill. It was launched on Mar 7, 2024.

Performance

CRSH vs. XDTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Short TSLA Option Income Strategy ETF (CRSH) and Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE). The values are adjusted to include any dividend payments, if applicable.

CRSH vs. XDTE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CRSH YieldMax Short TSLA Option Income Strategy ETF	18.37%	-13.40%	-51.96%
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF	-2.43%	12.60%	18.83%

Returns By Period

In the year-to-date period, CRSH achieves a 18.37% return, which is significantly higher than XDTE's -2.43% return.

CRSH

• 1D: -1.76%
• 1M: 6.01%
• YTD: 18.37%
• 6M: 24.09%
• 1Y: -24.03%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XDTE

• 1D: 1.03%
• 1M: -4.05%
• YTD: -2.43%
• 6M: 0.99%
• 1Y: 13.86%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CRSH vs. XDTE - Expense Ratio Comparison

CRSH has a 0.99% expense ratio, which is higher than XDTE's 0.97% expense ratio.

CRSH

YieldMax Short TSLA Option Income Strategy ETF

XDTE

Roundhill S&P 500 0DTE Covered Call Strategy ETF

Return for Risk

CRSH vs. XDTE — Risk / Return Rank

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

CRSH

CRSH Risk / Return Rank: 4
CRSH Sharpe Ratio Rank: 3
CRSH Sortino Ratio Rank: 4
CRSH Omega Ratio Rank: 4
CRSH Calmar Ratio Rank: 3
CRSH Martin Ratio Rank: 6

XDTE

XDTE Risk / Return Rank: 45
XDTE Sharpe Ratio Rank: 48
XDTE Sortino Ratio Rank: 41
XDTE Omega Ratio Rank: 48
XDTE Calmar Ratio Rank: 41
XDTE Martin Ratio Rank: 46

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.

CRSH vs. XDTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Short TSLA Option Income Strategy ETF (CRSH) and 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.

	CRSH	XDTE	Difference
Sharpe ratio Return per unit of total volatility	-0.57	0.90	-1.47
Sortino ratio Return per unit of downside risk	-0.59	1.21	-1.79
Omega ratio Gain probability vs. loss probability	0.93	1.19	-0.26
Calmar ratio Return relative to maximum drawdown	-0.55	1.12	-1.67
Martin ratio Return relative to average drawdown	-0.75	4.60	-5.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CRSH vs. XDTE - Sharpe Ratio Comparison

The current CRSH Sharpe Ratio is -0.57, which is lower than the XDTE Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of CRSH and XDTE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CRSH	XDTE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.57	0.90	-1.47
Sharpe Ratio (All Time) Calculated using the full available price history	-0.64	0.90	-1.55

Correlation

The correlation between CRSH and XDTE is -0.55. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

CRSH vs. XDTE - Dividend Comparison

CRSH's dividend yield for the trailing twelve months is around 100.61%, more than XDTE's 38.73% yield.

	TTM	2025	2024
CRSH YieldMax Short TSLA Option Income Strategy ETF	100.61%	138.78%	94.25%
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF	38.73%	39.16%	20.35%

Drawdowns

CRSH vs. XDTE - Drawdown Comparison

The maximum CRSH drawdown since its inception was -63.68%, which is greater than XDTE's maximum drawdown of -19.09%. Use the drawdown chart below to compare losses from any high point for CRSH and XDTE.

Drawdown Indicators

	CRSH	XDTE	Difference
Max Drawdown Largest peak-to-trough decline	-63.68%	-19.09%	-44.59%
Max Drawdown (1Y) Largest decline over 1 year	-48.16%	-12.87%	-35.29%
Current Drawdown Current decline from peak	-53.43%	-4.87%	-48.56%
Average Drawdown Average peak-to-trough decline	-41.91%	-2.44%	-39.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	35.23%	3.14%	+32.09%

Volatility

CRSH vs. XDTE - Volatility Comparison

YieldMax Short TSLA Option Income Strategy ETF (CRSH) has a higher volatility of 8.04% compared to Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) at 4.77%. This indicates that CRSH's price experiences larger fluctuations and is considered to be riskier than XDTE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRSH	XDTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.04%	4.77%	+3.27%
Volatility (6M) Calculated over the trailing 6-month period	23.47%	8.90%	+14.57%
Volatility (1Y) Calculated over the trailing 1-year period	42.40%	15.42%	+26.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.37%	14.07%	+34.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.37%	14.07%	+34.30%