ENFR vs. XDTE

Last updated Jun 13, 2026

ENFR (Alerian Energy Infrastructure ETF) and XDTE (Roundhill S&P 500 0DTE Covered Call Strategy ETF) are both exchange-traded funds - ENFR is a Energy Equities fund tracking the Alerian Midstream Energy Select Index, while XDTE is a Derivative Income fund actively managed by Roundhill. ENFR is passively managed, while XDTE is actively managed. Over the past year, ENFR returned 26.50% vs 21.75% for XDTE. At a 0.23 correlation, their price movements are largely independent. ENFR charges 0.35%/yr vs 0.97%/yr for XDTE.

Performance

ENFR vs. XDTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alerian Energy Infrastructure ETF (ENFR) 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

In the year-to-date period, ENFR achieves a 25.97% return, which is significantly higher than XDTE's 6.97% return.

ENFR

• 1D: 0.73%
• 1M: 0.52%
• YTD: 25.97%
• 6M: 26.39%
• 1Y: 26.50%
• 3Y*: 28.39%
• 5Y*: 19.43%
• 10Y*: 12.28%

XDTE

• 1D: 0.65%
• 1M: -0.46%
• YTD: 6.97%
• 6M: 7.43%
• 1Y: 21.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ENFR vs. XDTE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ENFR Alerian Energy Infrastructure ETF	25.97%	5.88%	32.95%
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF	6.97%	12.60%	17.12%

Correlation

The correlation between ENFR and XDTE is -0.07, 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 (1Y) Calculated over the trailing 1-year period	-0.07
Correlation (All Time) Calculated using the full available price history since Mar 7, 2024	0.23

The correlation between ENFR and XDTE shifts across timeframes, from -0.07 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.

ENFR vs. XDTE - Sectors Allocation Comparison

Sectors	ENFR	XDTE
Energy	98.8%	3.5%
Industrials	3.4%	8.3%
Utilities	1.0%	2.4%
Financial Services	0.2%	11.8%
Basic Materials	-	1.8%
Communication Services	-	11.2%
Consumer Cyclical	-	10.1%
Consumer Defensive	-	4.9%
Healthcare	-	8.5%
Real Estate	-	1.9%
Technology	-	35.6%

Return for Risk

ENFR vs. XDTE — Risk / Return Rank

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

ENFR

ENFR Risk / Return Rank: 62
ENFR Sharpe Ratio Rank: 63
ENFR Sortino Ratio Rank: 62
ENFR Omega Ratio Rank: 59
ENFR Calmar Ratio Rank: 70
ENFR Martin Ratio Rank: 53

XDTE

XDTE Risk / Return Rank: 68
XDTE Sharpe Ratio Rank: 68
XDTE Sortino Ratio Rank: 64
XDTE Omega Ratio Rank: 68
XDTE Calmar Ratio Rank: 65
XDTE Martin Ratio Rank: 76

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.

ENFR vs. XDTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alerian Energy Infrastructure ETF (ENFR) 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.

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.

	ENFR	XDTE	Difference
Sharpe ratio: Return per unit of total volatility	1.82	1.92	-0.10
Sortino ratio: Return per unit of downside risk	2.52	2.55	-0.03
Omega ratio: Gain probability vs. loss probability	1.31	1.35	-0.04
Calmar ratio: Return relative to maximum drawdown	3.08	2.84	+0.24
Martin ratio: Return relative to average drawdown	8.18	12.55	-4.37

ENFR vs. XDTE - Sharpe Ratio Comparison

The current ENFR Sharpe Ratio is 1.82, which is comparable to the XDTE Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of ENFR and XDTE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ENFR vs. XDTE - Drawdown Comparison

The maximum ENFR drawdown since its inception was -68.28%, which is greater than XDTE's maximum drawdown of -19.09%. Use the drawdown chart below to compare losses from any high point for ENFR and XDTE.

Drawdown Indicators

	ENFR	XDTE	Difference
Max Drawdown Largest peak-to-trough decline	-68.28%	-19.09%	-49.19%
Max Drawdown (1Y) Largest decline over 1 year	-8.64%	-7.68%	-0.96%
Max Drawdown (3Y) Largest decline over 3 years	-15.58%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.29%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-62.64%	—	—
Current Drawdown Current decline from peak	-3.91%	-2.36%	-1.55%
Average Drawdown Average peak-to-trough decline	-15.95%	-2.32%	-13.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.25%	1.74%	+1.51%

Volatility

ENFR vs. XDTE - Volatility Comparison

Alerian Energy Infrastructure ETF (ENFR) has a higher volatility of 5.63% compared to Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) at 3.93%. This indicates that ENFR'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

	ENFR	XDTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.63%	3.93%	+1.70%
Volatility (6M) Calculated over the trailing 6-month period	11.48%	8.88%	+2.60%
Volatility (1Y) Calculated over the trailing 1-year period	14.66%	11.38%	+3.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.30%	13.92%	+5.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.67%	13.92%	+10.75%

ENFR vs. XDTE - Expense Ratio Comparison

ENFR has a 0.35% expense ratio, which is lower than XDTE's 0.97% expense ratio.

Dividends

ENFR vs. XDTE - Dividend Comparison

ENFR's dividend yield for the trailing twelve months is around 3.98%, less than XDTE's 33.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ENFR Alerian Energy Infrastructure ETF	3.98%	4.77%	4.41%	5.48%	5.23%	7.86%	7.57%	5.81%	3.98%	2.98%	3.31%	3.34%
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF	33.43%	39.16%	20.35%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ENFR and XDTE in my portfolio?

ENFR and XDTE have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ENFR or XDTE?

ENFR has higher volatility (5.63%) compared to XDTE (3.93%). In terms of maximum drawdown, ENFR dropped -68.28% vs XDTE's -19.09%.

Which ETF is better, ENFR or XDTE?

On 1-year performance, ENFR leads with 26.50% vs 21.75% for XDTE. On fees, ENFR is cheaper at 0.35% per year. On volatility, XDTE has been the lower-risk option at 3.93%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ENFR or XDTE?

Over the 1-year period, ENFR has performed better with a 26.50% return vs 21.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ENFR or XDTE?

ENFR is cheaper with a 0.35% expense ratio, compared with 0.97% for XDTE.

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

XDTE has the higher dividend yield at 33.43%, compared with 3.98% for ENFR.

What is the main difference between ENFR and XDTE?

ENFR is categorized as Energy Equities, while XDTE is Derivative Income. They also come from different issuers: SS&C and Roundhill. Their fees differ too: 0.35% for ENFR and 0.97% for XDTE.

Which has better risk-adjusted returns?

XDTE currently has the higher Sharpe Ratio (1.92 vs 1.82), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.