NLCP vs. XDTE

Last updated Apr 2, 2026

Compare and contrast key facts about NewLake Capital Partners, Inc. (NLCP) and Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE).

XDTE is an actively managed fund by Roundhill. It was launched on Mar 7, 2024.

Performance

NLCP vs. XDTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NewLake Capital Partners, Inc. (NLCP) and Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE). The values are adjusted to include any dividend payments, if applicable.

NLCP vs. XDTE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
NLCP NewLake Capital Partners, Inc.	-6.54%	2.42%	16.31%
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF	-2.43%	12.60%	16.39%

Returns By Period

In the year-to-date period, NLCP achieves a -6.54% return, which is significantly lower than XDTE's -2.43% return.

NLCP

• 1D: 0.07%
• 1M: -3.73%
• YTD: -6.54%
• 6M: 16.39%
• 1Y: 13.26%
• 3Y*: 17.14%
• 5Y*: —
• 10Y*: —

XDTE

• 1D: 1.03%
• 1M: -4.05%
• YTD: -2.43%
• 6M: 0.99%
• 1Y: 13.86%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

NLCP vs. XDTE — Risk / Return Rank

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

NLCP

NLCP Risk / Return Rank: 57
NLCP Sharpe Ratio Rank: 59
NLCP Sortino Ratio Rank: 52
NLCP Omega Ratio Rank: 52
NLCP Calmar Ratio Rank: 60
NLCP Martin Ratio Rank: 60

XDTE

XDTE Risk / Return Rank: 45
XDTE Sharpe Ratio Rank: 48
XDTE Sortino Ratio Rank: 41
XDTE Omega Ratio Rank: 48
XDTE Calmar Ratio Rank: 41
XDTE Martin Ratio Rank: 46

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.

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.

	NLCP	XDTE	Difference
Sharpe ratio Return per unit of total volatility	0.51	0.90	-0.39
Sortino ratio Return per unit of downside risk	0.92	1.21	-0.29
Omega ratio Gain probability vs. loss probability	1.12	1.19	-0.07
Calmar ratio Return relative to maximum drawdown	0.91	1.12	-0.21
Martin ratio Return relative to average drawdown	2.03	4.60	-2.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NLCP vs. XDTE - Sharpe Ratio Comparison

The current NLCP Sharpe Ratio is 0.51, which is lower than the XDTE Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of NLCP and XDTE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NLCP	XDTE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.51	0.90	-0.39
Sharpe Ratio (All Time) Calculated using the full available price history	-0.20	0.90	-1.10

Correlation

The correlation between NLCP and XDTE is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

NLCP vs. XDTE - Dividend Comparison

NLCP's dividend yield for the trailing twelve months is around 11.90%, less than XDTE's 38.73% yield.

	TTM	2025	2024	2023	2022	2021
NLCP NewLake Capital Partners, Inc.	11.90%	10.80%	9.71%	9.81%	8.99%	1.50%
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF	38.73%	39.16%	20.35%	0.00%	0.00%	0.00%

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.

Drawdown Indicators

	NLCP	XDTE	Difference
Max Drawdown Largest peak-to-trough decline	-58.59%	-19.09%	-39.50%
Max Drawdown (1Y) Largest decline over 1 year	-14.78%	-12.87%	-1.91%
Current Drawdown Current decline from peak	-29.31%	-4.87%	-24.44%
Average Drawdown Average peak-to-trough decline	-33.94%	-2.44%	-31.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.59%	3.14%	+3.45%

Volatility

NLCP vs. XDTE - Volatility Comparison

NewLake Capital Partners, Inc. (NLCP) has a higher volatility of 6.81% compared to Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) at 4.77%. 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.

Volatility by Period

	NLCP	XDTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.81%	4.77%	+2.04%
Volatility (6M) Calculated over the trailing 6-month period	16.44%	8.90%	+7.54%
Volatility (1Y) Calculated over the trailing 1-year period	26.04%	15.42%	+10.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.98%	14.07%	+15.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.98%	14.07%	+15.91%