DRAG vs. XDTE

Last updated Jun 5, 2026

DRAG (Roundhill China Dragons ETF) and XDTE (Roundhill S&P 500 0DTE Covered Call Strategy ETF) are both exchange-traded funds - DRAG is a China Equities fund actively managed by Roundhill, while XDTE is a Derivative Income fund actively managed by Roundhill. Both are actively managed. DRAG charges 0.59%/yr vs 0.97%/yr for XDTE.

Performance

DRAG vs. XDTE - Performance Comparison

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

Returns By Period

DRAG

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XDTE

• 1D: 0.27%
• 1M: 3.52%
• YTD: 9.12%
• 6M: 9.07%
• 1Y: 25.78%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DRAG vs. XDTE - Yearly Performance Comparison

	2026 (YTD)
DRAG Roundhill China Dragons ETF	0.00%
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF	7.17%

DRAG vs. XDTE - Sectors Allocation Comparison

Sectors	DRAG	XDTE
Consumer Cyclical	72.4%	10.1%
Communication Services	17.3%	11.2%
Technology	10.2%	35.6%
Basic Materials	-	1.8%
Consumer Defensive	-	4.9%
Energy	-	3.5%
Financial Services	-	11.8%
Healthcare	-	8.5%
Industrials	-	8.3%
Real Estate	-	1.9%
Utilities	-	2.4%

Return for Risk

DRAG vs. XDTE — Risk / Return Rank

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

XDTE

XDTE Risk / Return Rank: 73
XDTE Sharpe Ratio Rank: 73
XDTE Sortino Ratio Rank: 71
XDTE Omega Ratio Rank: 73
XDTE Calmar Ratio Rank: 69
XDTE Martin Ratio Rank: 79

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.

DRAG vs. XDTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill China Dragons ETF (DRAG) 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.

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

Sharpe Ratios by Period

	DRAG	XDTE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.36	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.26	—

Drawdowns

DRAG vs. XDTE - Drawdown Comparison

The maximum DRAG drawdown since its inception was 0.00%, smaller than the maximum XDTE drawdown of -19.09%. Use the drawdown chart below to compare losses from any high point for DRAG and XDTE.

Drawdown Indicators

	DRAG	XDTE	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-19.09%	+19.09%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.68%	—
Current Drawdown Current decline from peak	0.00%	-0.39%	+0.39%
Average Drawdown Average peak-to-trough decline	0.00%	-2.31%	+2.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.68%	—

Volatility

Volatility by Period

	DRAG	XDTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.43%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.28%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	10.99%	-10.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	13.84%	-13.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	13.84%	-13.84%

DRAG vs. XDTE - Expense Ratio Comparison

DRAG has a 0.59% expense ratio, which is lower than XDTE's 0.97% expense ratio.

Dividends

DRAG vs. XDTE - Dividend Comparison

DRAG has not paid dividends to shareholders, while XDTE's dividend yield for the trailing twelve months is around 33.55%.

Position	TTM	2025	2024
DRAG Roundhill China Dragons ETF	0.00%	0.00%	0.00%
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF	33.55%	39.16%	20.35%

Frequently Asked Questions

Which ETF is better, DRAG or XDTE?

On fees, DRAG 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, DRAG or XDTE?

DRAG is cheaper with a 0.59% expense ratio, compared with 0.97% for XDTE.

Which ETF pays a higher dividend yield, DRAG or XDTE?

XDTE has the higher dividend yield at 33.55%, compared with 0.00% for DRAG.

What is the main difference between DRAG and XDTE?

DRAG is categorized as China Equities, while XDTE is Derivative Income. Their fees differ too: 0.59% for DRAG and 0.97% for XDTE.