IWMY vs. XDTE
Compare and contrast key facts about Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY) and Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE).
IWMY and XDTE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWMY is a passively managed fund by Defiance that tracks the performance of the Russell 2000 Index. It was launched on Oct 30, 2023. XDTE is an actively managed fund by Roundhill. It was launched on Mar 6, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IWMY or XDTE.
Correlation
The correlation between IWMY and XDTE is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IWMY vs. XDTE - Performance Comparison
Key characteristics
IWMY:
13.46%
XDTE:
11.90%
IWMY:
-7.07%
XDTE:
-6.90%
IWMY:
-4.51%
XDTE:
-3.28%
Returns By Period
In the year-to-date period, IWMY achieves a 0.90% return, which is significantly higher than XDTE's 0.49% return.
IWMY
0.90%
-3.63%
3.21%
10.10%
N/A
N/A
XDTE
0.49%
-3.28%
9.00%
N/A
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IWMY vs. XDTE - Expense Ratio Comparison
IWMY has a 0.99% expense ratio, which is higher than XDTE's 0.95% expense ratio.
Risk-Adjusted Performance
IWMY vs. XDTE — Risk-Adjusted Performance Rank
IWMY
XDTE
IWMY vs. XDTE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY) and Roundhill ETF Trust - 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.
Not enough dataDividends
IWMY vs. XDTE - Dividend Comparison
IWMY's dividend yield for the trailing twelve months is around 105.81%, more than XDTE's 21.44% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
IWMY Defiance R2000 Enhanced Options & 0DTE Income ETF | 105.81% | 106.77% | 11.34% |
XDTE Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call Strategy ETF | 21.44% | 20.35% | 0.00% |
Drawdowns
IWMY vs. XDTE - Drawdown Comparison
The maximum IWMY drawdown since its inception was -7.07%, roughly equal to the maximum XDTE drawdown of -6.90%. Use the drawdown chart below to compare losses from any high point for IWMY and XDTE. For additional features, visit the drawdowns tool.
Volatility
IWMY vs. XDTE - Volatility Comparison
Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY) has a higher volatility of 5.08% compared to Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) at 3.90%. This indicates that IWMY'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.