LOHA vs. RDTE

Last updated Jun 6, 2026

LOHA (Roundhill HALO ETF) and RDTE (Roundhill Small Cap 0DTE Covered Call Strategy ETF) are both exchange-traded funds - LOHA is a Large Cap Blend Equities fund tracking the Akros U.S. Heavy Assets Low Obsolescence (HALO) Index, while RDTE is a Derivative Income fund actively managed by Roundhill. LOHA is passively managed, while RDTE is actively managed. A 0.64 correlation means they provide meaningful diversification when combined. LOHA charges 0.35%/yr vs 0.95%/yr for RDTE.

Performance

LOHA vs. RDTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill HALO ETF (LOHA) and Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LOHA

• 1D: -0.59%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RDTE

• 1D: -3.48%
• 1M: -3.15%
• YTD: 9.93%
• 6M: 8.91%
• 1Y: 25.14%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LOHA vs. RDTE - Yearly Performance Comparison

	2026 (YTD)
LOHA Roundhill HALO ETF	-0.44%
RDTE Roundhill Small Cap 0DTE Covered Call Strategy ETF	-2.80%

Correlation

The correlation between LOHA and RDTE is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 15, 2026	0.64

Return for Risk

LOHA vs. RDTE — Risk / Return Rank

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

RDTE

RDTE Risk / Return Rank: 48
RDTE Sharpe Ratio Rank: 44
RDTE Sortino Ratio Rank: 42
RDTE Omega Ratio Rank: 40
RDTE Calmar Ratio Rank: 57
RDTE Martin Ratio Rank: 56

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.

LOHA vs. RDTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill HALO ETF (LOHA) and Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE). 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

	LOHA	RDTE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.62	0.88	-1.50

Drawdowns

LOHA vs. RDTE - Drawdown Comparison

The maximum LOHA drawdown since its inception was -2.08%, smaller than the maximum RDTE drawdown of -24.32%. Use the drawdown chart below to compare losses from any high point for LOHA and RDTE.

Drawdown Indicators

	LOHA	RDTE	Difference
Max Drawdown Largest peak-to-trough decline	-2.08%	-24.32%	+22.24%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.17%	—
Current Drawdown Current decline from peak	-1.27%	-3.52%	+2.25%
Average Drawdown Average peak-to-trough decline	-0.81%	-4.65%	+3.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.64%	—

Volatility

Volatility by Period

	LOHA	RDTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.89%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.84%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.84%	17.11%	-5.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.84%	19.33%	-7.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.84%	19.33%	-7.49%

LOHA vs. RDTE - Expense Ratio Comparison

LOHA has a 0.35% expense ratio, which is lower than RDTE's 0.95% expense ratio.

Dividends

LOHA vs. RDTE - Dividend Comparison

LOHA has not paid dividends to shareholders, while RDTE's dividend yield for the trailing twelve months is around 46.59%.

Position	TTM	2025	2024
LOHA Roundhill HALO ETF	0.00%	0.00%	0.00%
RDTE Roundhill Small Cap 0DTE Covered Call Strategy ETF	46.59%	50.16%	10.70%

Frequently Asked Questions

Can I hold both LOHA and RDTE in my portfolio?

LOHA and RDTE have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LOHA or RDTE?

On fees, LOHA is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LOHA or RDTE?

LOHA is cheaper with a 0.35% expense ratio, compared with 0.95% for RDTE.

Which ETF pays a higher dividend yield, LOHA or RDTE?

RDTE has the higher dividend yield at 46.59%, compared with 0.00% for LOHA.

What is the main difference between LOHA and RDTE?

LOHA is categorized as Large Cap Blend Equities, while RDTE is Derivative Income. Their fees differ too: 0.35% for LOHA and 0.95% for RDTE.