GUT vs. QDTE
GUT (The Gabelli Utility Trust) and QDTE (Roundhill Innovation-100 0DTE Covered Call Strategy ETF) are both funds - GUT is a Utilities Equities fund managed by Gabelli Funds, while QDTE is a Derivative Income fund actively managed by Roundhill. Over the past year, GUT returned 24.54% vs 33.64% for QDTE. At a 0.15 correlation, their price movements are largely independent. GUT charges 0.01%/yr vs 0.97%/yr for QDTE.
Performance
GUT vs. QDTE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with GUT having a 12.82% return and QDTE slightly lower at 12.61%.
GUT
- 1D
- 2.05%
- 1M
- 4.67%
- YTD
- 12.82%
- 6M
- 12.82%
- 1Y
- 24.54%
- 3Y*
- 9.46%
- 5Y*
- 5.98%
- 10Y*
- 9.53%
QDTE
- 1D
- -3.23%
- 1M
- -0.17%
- YTD
- 12.61%
- 6M
- 11.52%
- 1Y
- 33.64%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GUT vs. QDTE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GUT The Gabelli Utility Trust | 12.82% | 33.14% | 3.49% |
QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF | 12.61% | 19.32% | 17.13% |
Correlation
The correlation between GUT and QDTE is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Mar 7, 2024 | 0.15 |
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Return for Risk
GUT vs. QDTE — Risk / Return Rank
GUT
QDTE
GUT vs. QDTE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Gabelli Utility Trust (GUT) 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.
| GUT | QDTE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.36 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 4.56 | 3.31 | +1.25 |
| Martin ratioReturn relative to average drawdown | 15.13 | 12.82 | +2.31 |
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Drawdowns
GUT vs. QDTE - Drawdown Comparison
The maximum GUT drawdown since its inception was -52.79%, which is greater than QDTE's maximum drawdown of -22.86%. Use the drawdown chart below to compare losses from any high point for GUT and QDTE.
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Drawdown Indicators
| GUT | QDTE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.79% | -22.86% | -29.93% |
Max Drawdown (1Y)Largest decline over 1 year | -5.40% | -10.20% | +4.80% |
Max Drawdown (3Y)Largest decline over 3 years | -30.63% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -33.94% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -42.21% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -3.55% | +3.55% |
Average DrawdownAverage peak-to-trough decline | -8.50% | -3.13% | -5.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 2.63% | -1.00% |
Volatility
GUT vs. QDTE - Volatility Comparison
The current volatility for The Gabelli Utility Trust (GUT) is 3.56%, while Roundhill Innovation-100 0DTE Covered Call Strategy ETF (QDTE) has a volatility of 8.57%. This indicates that GUT experiences smaller price fluctuations and is considered to be less risky than QDTE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GUT | QDTE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.56% | 8.57% | -5.01% |
Volatility (6M)Calculated over the trailing 6-month period | 10.62% | 13.32% | -2.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.85% | 16.68% | -1.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.45% | 18.99% | +2.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.80% | 18.99% | +4.81% |
GUT vs. QDTE - Expense Ratio Comparison
GUT has a 0.01% expense ratio, which is lower than QDTE's 0.97% expense ratio.
Dividends
GUT vs. QDTE - Dividend Comparison
GUT's dividend yield for the trailing twelve months is around 9.26%, less than QDTE's 44.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GUT The Gabelli Utility Trust | 9.26% | 9.95% | 11.73% | 11.07% | 7.99% | 7.28% | 7.39% | 7.72% | 10.10% | 8.45% | 9.52% | 10.53% |
QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF | 44.23% | 49.49% | 32.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GUT and QDTE have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QDTE has higher volatility (8.57%) compared to GUT (3.56%). In terms of maximum drawdown, GUT dropped -52.79% vs QDTE's -22.86%.
QDTE currently has the higher Sharpe Ratio (2.03 vs 1.66), 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.
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