NLCP vs. XDTE
NLCP (NewLake Capital Partners, Inc.) is a stock, while XDTE (Roundhill S&P 500 0DTE Covered Call Strategy ETF) is Derivative Income fund actively managed by Roundhill. Over the past year, NLCP returned 20.65% vs 22.04% for XDTE. At a 0.12 correlation, their price movements are largely independent.
Performance
NLCP vs. XDTE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NLCP achieves a 1.22% return, which is significantly lower than XDTE's 6.79% return.
NLCP
- 1D
- 0.00%
- 1M
- 7.85%
- YTD
- 1.22%
- 6M
- 10.68%
- 1Y
- 20.65%
- 3Y*
- 18.78%
- 5Y*
- —
- 10Y*
- —
XDTE
- 1D
- -1.35%
- 1M
- -0.74%
- YTD
- 6.79%
- 6M
- 5.92%
- 1Y
- 22.04%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NLCP vs. XDTE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
NLCP NewLake Capital Partners, Inc. | 1.22% | 2.42% | 16.88% |
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF | 6.79% | 12.60% | 17.12% |
Correlation
The correlation between NLCP and XDTE is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Mar 7, 2024 | 0.12 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NLCP vs. XDTE — Risk / Return Rank
NLCP
XDTE
NLCP vs. XDTE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NewLake Capital Partners, Inc. (NLCP) and 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.
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.
| NLCP | XDTE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.04 | ||
| Sortino ratioReturn per unit of downside risk | -1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.35 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.40 | 2.88 | -1.48 |
| Martin ratioReturn relative to average drawdown | 2.86 | 12.61 | -9.75 |
Loading charts...
Drawdowns
NLCP vs. XDTE - Drawdown Comparison
The maximum NLCP drawdown since its inception was -58.59%, which is greater than XDTE's maximum drawdown of -19.09%. Use the drawdown chart below to compare losses from any high point for NLCP and XDTE.
Loading charts...
Drawdown Indicators
| NLCP | XDTE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.59% | -19.09% | -39.50% |
Max Drawdown (1Y)Largest decline over 1 year | -14.78% | -7.68% | -7.10% |
Max Drawdown (3Y)Largest decline over 3 years | -35.06% | — | — |
Current DrawdownCurrent decline from peak | -23.44% | -2.52% | -20.92% |
Average DrawdownAverage peak-to-trough decline | -33.63% | -2.31% | -31.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.23% | 1.75% | +5.48% |
Volatility
NLCP vs. XDTE - Volatility Comparison
NewLake Capital Partners, Inc. (NLCP) has a higher volatility of 8.99% compared to Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) at 4.52%. This indicates that NLCP'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.
Loading charts...
Volatility by Period
| NLCP | XDTE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.99% | 4.52% | +4.47% |
Volatility (6M)Calculated over the trailing 6-month period | 17.99% | 9.12% | +8.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.65% | 11.58% | +12.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.01% | 13.97% | +16.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.01% | 13.97% | +16.04% |
Dividends
NLCP vs. XDTE - Dividend Comparison
NLCP's dividend yield for the trailing twelve months is around 10.99%, less than XDTE's 33.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
NLCP NewLake Capital Partners, Inc. | 10.99% | 10.80% | 9.71% | 9.81% | 8.99% | 1.50% |
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF | 33.21% | 39.16% | 20.35% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NLCP and XDTE have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NLCP has higher volatility (8.99%) compared to XDTE (4.52%). In terms of maximum drawdown, NLCP dropped -58.59% vs XDTE's -19.09%.
XDTE currently has the higher Sharpe Ratio (1.92 vs 0.88), 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.
Find the right allocation for NLCP and XDTE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer