NFLW vs. QDTE

Last updated Jun 4, 2026

NFLW (Roundhill NFLX WeeklyPay ETF) and QDTE (Roundhill Innovation-100 0DTE Covered Call Strategy ETF) are both Derivative Income funds from Roundhill. Both are actively managed. At a 0.19 correlation, their price movements are largely independent. NFLW charges 0.99%/yr vs 0.97%/yr for QDTE.

Performance

NFLW vs. QDTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill NFLX WeeklyPay ETF (NFLW) 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, NFLW achieves a -16.78% return, which is significantly lower than QDTE's 16.58% return.

NFLW

• 1D: -2.48%
• 1M: -12.48%
• YTD: -16.78%
• 6M: -26.68%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QDTE

• 1D: -0.16%
• 1M: 8.99%
• YTD: 16.58%
• 6M: 16.20%
• 1Y: 40.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NFLW vs. QDTE - Yearly Performance Comparison

	2026 (YTD)	2025
NFLW Roundhill NFLX WeeklyPay ETF	-16.78%	-29.02%
QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF	16.58%	19.30%

Correlation

The correlation between NFLW and QDTE is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 20, 2025	0.19

NFLW vs. QDTE - Sectors Allocation Comparison

Sectors	NFLW	QDTE
Communication Services	25.9%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	5.4%
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

NFLW vs. QDTE — Risk / Return Rank

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

QDTE

QDTE Risk / Return Rank: 78
QDTE Sharpe Ratio Rank: 82
QDTE Sortino Ratio Rank: 76
QDTE Omega Ratio Rank: 78
QDTE Calmar Ratio Rank: 77
QDTE Martin Ratio Rank: 80

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.

NFLW vs. QDTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill NFLX WeeklyPay ETF (NFLW) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	NFLW	QDTE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.74	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.05	1.30	-2.36

Drawdowns

NFLW vs. QDTE - Drawdown Comparison

The maximum NFLW drawdown since its inception was -50.73%, which is greater than QDTE's maximum drawdown of -22.86%. Use the drawdown chart below to compare losses from any high point for NFLW and QDTE.

Drawdown Indicators

	NFLW	QDTE	Difference
Max Drawdown Largest peak-to-trough decline	-50.73%	-22.86%	-27.87%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.20%	—
Current Drawdown Current decline from peak	-47.00%	-0.16%	-46.84%
Average Drawdown Average peak-to-trough decline	-26.84%	-3.14%	-23.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.52%	—

Volatility

Volatility by Period

	NFLW	QDTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.75%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.01%	—
Volatility (1Y) Calculated over the trailing 1-year period	40.34%	14.81%	+25.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.34%	18.43%	+21.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.34%	18.43%	+21.91%

NFLW vs. QDTE - Expense Ratio Comparison

NFLW has a 0.99% expense ratio, which is higher than QDTE's 0.97% expense ratio.

Dividends

NFLW vs. QDTE - Dividend Comparison

NFLW's dividend yield for the trailing twelve months is around 73.24%, more than QDTE's 42.16% yield.

Position	TTM	2025	2024
NFLW Roundhill NFLX WeeklyPay ETF	73.24%	38.89%	0.00%
QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF	42.16%	49.49%	32.09%

Frequently Asked Questions

Can I hold both NFLW and QDTE in my portfolio?

NFLW and QDTE have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NFLW or QDTE?

On fees, QDTE is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NFLW or QDTE?

QDTE is cheaper with a 0.97% expense ratio, compared with 0.99% for NFLW.

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

NFLW has the higher dividend yield at 73.24%, compared with 42.16% for QDTE.

What is the main difference between NFLW and QDTE?

Their fees differ too: 0.99% for NFLW and 0.97% for QDTE.