NXG.AX vs. XDTE
Compare and contrast key facts about NexGen Energy Ltd. (NXG.AX) and Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE).
XDTE is an actively managed fund by Roundhill. It was launched on Mar 6, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NXG.AX or XDTE.
Correlation
The correlation between NXG.AX and XDTE is 0.14, 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.
Performance
NXG.AX vs. XDTE - Performance Comparison
Key characteristics
NXG.AX:
53.75%
XDTE:
11.90%
NXG.AX:
-42.02%
XDTE:
-6.90%
NXG.AX:
-30.93%
XDTE:
-1.95%
Returns By Period
In the year-to-date period, NXG.AX achieves a -14.06% return, which is significantly lower than XDTE's 2.29% return.
NXG.AX
-14.06%
-19.91%
7.52%
-14.06%
N/A
N/A
XDTE
2.29%
-1.53%
7.37%
N/A
N/A
N/A
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Risk-Adjusted Performance
NXG.AX vs. XDTE — Risk-Adjusted Performance Rank
NXG.AX
XDTE
NXG.AX vs. XDTE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NexGen Energy Ltd. (NXG.AX) and Roundhill ETF Trust - 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.
Not enough dataDividends
NXG.AX vs. XDTE - Dividend Comparison
NXG.AX has not paid dividends to shareholders, while XDTE's dividend yield for the trailing twelve months is around 24.74%.
| TTM | 2024 | |
|---|---|---|
NXG.AX NexGen Energy Ltd. | 0.00% | 0.00% |
XDTE Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call Strategy ETF | 24.74% | 20.35% |
Drawdowns
NXG.AX vs. XDTE - Drawdown Comparison
The maximum NXG.AX drawdown since its inception was -42.02%, which is greater than XDTE's maximum drawdown of -6.90%. Use the drawdown chart below to compare losses from any high point for NXG.AX and XDTE. For additional features, visit the drawdowns tool.
Volatility
NXG.AX vs. XDTE - Volatility Comparison
NexGen Energy Ltd. (NXG.AX) has a higher volatility of 18.56% compared to Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) at 3.03%. This indicates that NXG.AX'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.