JANT vs. QDTE

Last updated Jun 26, 2026

JANT (AllianzIM U.S. Large Cap Buffer10 Jan ETF) and QDTE (Roundhill Innovation-100 0DTE Covered Call Strategy ETF) are both exchange-traded funds - JANT is a Options Trading fund actively managed by Allianz, while QDTE is a Derivative Income fund actively managed by Roundhill. Both are actively managed. Over the past year, JANT returned 16.68% vs 32.12% for QDTE. Their correlation of 0.87 suggests significant overlap in exposure. JANT charges 0.74%/yr vs 0.97%/yr for QDTE.

Performance

JANT vs. QDTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AllianzIM U.S. Large Cap Buffer10 Jan ETF (JANT) and Roundhill Innovation-100 0DTE Covered Call Strategy ETF (QDTE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JANT achieves a 5.59% return, which is significantly lower than QDTE's 13.50% return.

JANT

• 1D: 0.02%
• 1M: -0.63%
• YTD: 5.59%
• 6M: 5.78%
• 1Y: 16.68%
• 3Y*: 15.55%
• 5Y*: 9.86%
• 10Y*: —

QDTE

• 1D: 1.15%
• 1M: -1.10%
• YTD: 13.50%
• 6M: 12.07%
• 1Y: 32.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JANT vs. QDTE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
JANT AllianzIM U.S. Large Cap Buffer10 Jan ETF	5.59%	14.30%	11.26%
QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF	13.50%	19.32%	17.13%

Correlation

The correlation between JANT and QDTE is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (All Time) Calculated using the full available price history since Mar 7, 2024	0.87

The correlation between JANT and QDTE has been stable across timeframes, ranging from 0.87 to 0.88 - a consistent structural relationship.

Return for Risk

JANT vs. QDTE — Risk / Return Rank

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

JANT

JANT Risk / Return Rank: 78
JANT Sharpe Ratio Rank: 79
JANT Sortino Ratio Rank: 81
JANT Omega Ratio Rank: 84
JANT Calmar Ratio Rank: 64
JANT Martin Ratio Rank: 82

QDTE

QDTE Risk / Return Rank: 69
QDTE Sharpe Ratio Rank: 70
QDTE Sortino Ratio Rank: 61
QDTE Omega Ratio Rank: 68
QDTE Calmar Ratio Rank: 72
QDTE Martin Ratio Rank: 75

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.

JANT vs. QDTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Large Cap Buffer10 Jan ETF (JANT) 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.

	JANT	QDTE	Difference
Sharpe ratio: Return per unit of total volatility	2.21	1.94	+0.27
Sortino ratio: Return per unit of downside risk	3.17	2.48	+0.68
Omega ratio: Gain probability vs. loss probability	1.44	1.35	+0.09
Calmar ratio: Return relative to maximum drawdown	2.82	3.16	-0.34
Martin ratio: Return relative to average drawdown	14.44	12.16	+2.28

JANT vs. QDTE - Sharpe Ratio Comparison

The current JANT Sharpe Ratio is 2.21, which is comparable to the QDTE Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of JANT and QDTE, 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

JANT vs. QDTE - Drawdown Comparison

The maximum JANT drawdown since its inception was -16.18%, smaller than the maximum QDTE drawdown of -22.86%. Use the drawdown chart below to compare losses from any high point for JANT and QDTE.

Drawdown Indicators

	JANT	QDTE	Difference
Max Drawdown Largest peak-to-trough decline	-16.18%	-22.86%	+6.68%
Max Drawdown (1Y) Largest decline over 1 year	-5.94%	-10.20%	+4.26%
Max Drawdown (3Y) Largest decline over 3 years	-13.25%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.18%	—	—
Current Drawdown Current decline from peak	-1.26%	-2.79%	+1.53%
Average Drawdown Average peak-to-trough decline	-2.65%	-3.13%	+0.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.16%	2.65%	-1.49%

Volatility

JANT vs. QDTE - Volatility Comparison

The current volatility for AllianzIM U.S. Large Cap Buffer10 Jan ETF (JANT) is 2.41%, while Roundhill Innovation-100 0DTE Covered Call Strategy ETF (QDTE) has a volatility of 8.47%. This indicates that JANT 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.

Volatility by Period

	JANT	QDTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.41%	8.47%	-6.06%
Volatility (6M) Calculated over the trailing 6-month period	6.32%	13.30%	-6.98%
Volatility (1Y) Calculated over the trailing 1-year period	7.58%	16.63%	-9.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.36%	18.97%	-7.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.09%	18.97%	-7.88%

JANT vs. QDTE - Expense Ratio Comparison

JANT has a 0.74% expense ratio, which is lower than QDTE's 0.97% expense ratio.

Dividends

JANT vs. QDTE - Dividend Comparison

JANT has not paid dividends to shareholders, while QDTE's dividend yield for the trailing twelve months is around 45.00%.

Position	TTM	2025	2024
JANT AllianzIM U.S. Large Cap Buffer10 Jan ETF	0.00%	0.00%	0.00%
QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF	45.00%	49.49%	32.09%

Frequently Asked Questions

Can I hold both JANT and QDTE in my portfolio?

JANT and QDTE have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JANT or QDTE?

QDTE has higher volatility (8.47%) compared to JANT (2.41%). In terms of maximum drawdown, JANT dropped -16.18% vs QDTE's -22.86%.

Which ETF is better, JANT or QDTE?

On 1-year performance, QDTE leads with 32.12% vs 16.68% for JANT. On fees, JANT is cheaper at 0.74% per year. On volatility, JANT has been the lower-risk option at 2.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JANT or QDTE?

Over the 1-year period, QDTE has performed better with a 32.12% return vs 16.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JANT or QDTE?

JANT is cheaper with a 0.74% expense ratio, compared with 0.97% for QDTE.

Which ETF pays a higher dividend yield, JANT or QDTE?

QDTE has the higher dividend yield at 45.00%, compared with 0.00% for JANT.

What is the main difference between JANT and QDTE?

JANT is categorized as Options Trading, while QDTE is Derivative Income. They also come from different issuers: Allianz and Roundhill. Their fees differ too: 0.74% for JANT and 0.97% for QDTE.

Which has better risk-adjusted returns?

JANT currently has the higher Sharpe Ratio (2.21 vs 1.94), 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.