NFLP vs. QDTE

Last updated Aug 1, 2026

NFLP (Kurv Yield Premium Strategy Netflix ETF) and QDTE (Roundhill Innovation-100 0DTE Covered Call Strategy ETF) are both Derivative Income funds. Both are actively managed. Over the past year, NFLP returned -42.59% vs 25.08% for QDTE. Their 0.33 correlation means their historical movements had little consistent relationship. NFLP charges 0.99%/yr vs 0.95%/yr for QDTE.

Performance

NFLP vs. QDTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Yield Premium Strategy Netflix ETF (NFLP) 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, NFLP achieves a -30.47% return, which is significantly lower than QDTE's 10.53% return.

NFLP

• 1D: -2.01%
• 1M: -9.19%
• 6M: -20.88%
• YTD: -30.47%
• 1Y: -42.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 6.67%

QDTE

• 1D: 0.81%
• 1M: -1.54%
• 6M: 8.89%
• YTD: 10.53%
• 1Y: 25.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.88%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NFLP Kurv Yield Premium Strategy Netflix ETF	$81.23K	$78.18K	$82.65K
QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF	$17.47M	$18.74M	$19.73M

NFLP vs. QDTE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
NFLP Kurv Yield Premium Strategy Netflix ETF	-30.47%	-1.54%	30.49%
QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF	10.53%	19.32%	17.13%

Correlation

The correlation between NFLP and QDTE is 0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.04
Correlation (All Time) Calculated using the full available price history since Mar 7, 2024	0.33

Over the past year, the correlation between NFLP and QDTE has dropped to 0.04 - well below their long-term average of 0.33, suggesting their price drivers have been diverging.

Return for Risk

NFLP vs. QDTE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NFLP

NFLP Risk / Return Rank: 1
NFLP Sharpe Ratio Rank: 0
NFLP Sortino Ratio Rank: 1
NFLP Omega Ratio Rank: 1
NFLP Calmar Ratio Rank: 2
NFLP Martin Ratio Rank: 0

QDTE

QDTE Risk / Return Rank: 56
QDTE Sharpe Ratio Rank: 52
QDTE Sortino Ratio Rank: 49
QDTE Omega Ratio Rank: 50
QDTE Calmar Ratio Rank: 65
QDTE Martin Ratio Rank: 64

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NFLP vs. QDTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Netflix ETF (NFLP) 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.

	NFLP	QDTE	Difference
Sharpe ratio: Return per unit of total volatility	-1.20	1.26	-2.45
Sortino ratio: Return per unit of downside risk	-1.81	1.72	-3.54
Omega ratio: Gain probability vs. loss probability	0.77	1.22	-0.45
Calmar ratio: Return relative to maximum drawdown	-0.84	2.23	-3.07
Martin ratio: Return relative to average drawdown	-1.54	7.58	-9.12

NFLP vs. QDTE - Sharpe Ratio Comparison

The current NFLP Sharpe Ratio is -1.20, which is lower than the QDTE Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of NFLP 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

NFLP vs. QDTE - Drawdown Comparison

The maximum NFLP drawdown since its inception was -53.43%, which is greater than QDTE's maximum drawdown of -22.86%. Use the drawdown chart below to compare losses from any high point for NFLP and QDTE.

Drawdown Indicators

	NFLP	QDTE	Difference
Max Drawdown Largest peak-to-trough decline	-53.43%	-22.86%	-30.57%
Max Drawdown (1Y) Largest decline over 1 year	-50.83%	-10.20%	-40.63%
Current Drawdown Current decline from peak	-50.38%	-5.34%	-45.04%
Average Drawdown Average peak-to-trough decline	-11.91%	-3.17%	-8.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	27.71%	2.99%	+24.72%

Volatility

NFLP vs. QDTE - Volatility Comparison

Kurv Yield Premium Strategy Netflix ETF (NFLP) has a higher volatility of 12.10% compared to Roundhill Innovation-100 0DTE Covered Call Strategy ETF (QDTE) at 6.78%. This indicates that NFLP's price experiences larger fluctuations and is considered to be riskier than QDTE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NFLP	QDTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.10%	6.78%	+5.32%
Volatility (6M) Calculated over the trailing 6-month period	30.22%	14.80%	+15.42%
Volatility (1Y) Calculated over the trailing 1-year period	35.81%	18.06%	+17.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.69%	19.17%	+10.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.69%	19.17%	+10.52%

NFLP vs. QDTE - Expense Ratio Comparison

NFLP has a 0.99% expense ratio, which is higher than QDTE's 0.95% expense ratio.

Dividends

NFLP vs. QDTE - Dividend Comparison

NFLP's dividend yield for the trailing twelve months is around 28.28%, less than QDTE's 46.41% yield.

Position	TTM	2025	2024	2023
NFLP Kurv Yield Premium Strategy Netflix ETF	28.28%	26.56%	19.87%	3.21%
QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF	46.41%	49.49%	32.09%	0.00%

Frequently Asked Questions

Can I hold both NFLP and QDTE in my portfolio?

NFLP and QDTE have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NFLP or QDTE?

NFLP has higher volatility (12.10%) compared to QDTE (6.78%). In terms of maximum drawdown, NFLP dropped -53.43% vs QDTE's -22.86%.

Which ETF is better, NFLP or QDTE?

On 1-year performance, QDTE leads with 25.08% vs -42.59% for NFLP. On fees, QDTE is cheaper at 0.95% per year. On volatility, QDTE has been the lower-risk option at 6.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NFLP or QDTE?

Over the 1-year period, QDTE has performed better with a 25.08% return vs -42.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NFLP or QDTE?

QDTE is cheaper with a 0.95% expense ratio, compared with 0.99% for NFLP.

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

QDTE has the higher dividend yield at 46.41%, compared with 28.28% for NFLP.

What is the main difference between NFLP and QDTE?

They also come from different issuers: Kurv and Roundhill. Their fees differ too: 0.99% for NFLP and 0.95% for QDTE.

Which has better risk-adjusted returns?

QDTE currently has the higher Sharpe Ratio (1.26 vs -1.20), 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.