PLTY vs. XDTE
Compare and contrast key facts about YieldMax PLTR Option Income Strategy ETF (PLTY) and Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE).
PLTY and XDTE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PLTY is an actively managed fund by YieldMax. It was launched on Oct 7, 2024. 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: PLTY or XDTE.
Correlation
The correlation between PLTY and XDTE is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PLTY vs. XDTE - Performance Comparison
Key characteristics
PLTY:
63.42%
XDTE:
11.79%
PLTY:
-17.89%
XDTE:
-6.90%
PLTY:
-13.96%
XDTE:
-0.28%
Returns By Period
In the year-to-date period, PLTY achieves a 27.17% return, which is significantly higher than XDTE's 4.03% return.
PLTY
27.17%
32.11%
N/A
N/A
N/A
N/A
XDTE
4.03%
0.84%
10.63%
N/A
N/A
N/A
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PLTY vs. XDTE - Expense Ratio Comparison
PLTY has a 0.99% expense ratio, which is higher than XDTE's 0.95% expense ratio.
Risk-Adjusted Performance
PLTY vs. XDTE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax PLTR Option Income Strategy ETF (PLTY) 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
PLTY vs. XDTE - Dividend Comparison
PLTY's dividend yield for the trailing twelve months is around 14.85%, less than XDTE's 24.33% yield.
| TTM | 2024 | |
|---|---|---|
PLTY YieldMax PLTR Option Income Strategy ETF | 14.85% | 7.85% |
XDTE Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call Strategy ETF | 24.33% | 20.35% |
Drawdowns
PLTY vs. XDTE - Drawdown Comparison
The maximum PLTY drawdown since its inception was -17.89%, which is greater than XDTE's maximum drawdown of -6.90%. Use the drawdown chart below to compare losses from any high point for PLTY and XDTE. For additional features, visit the drawdowns tool.
Volatility
PLTY vs. XDTE - Volatility Comparison
YieldMax PLTR Option Income Strategy ETF (PLTY) has a higher volatility of 25.13% compared to Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) at 2.61%. This indicates that PLTY'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.