PLTY vs. YETH
Compare and contrast key facts about YieldMax PLTR Option Income Strategy ETF (PLTY) and Roundhill Ether Covered Call Strategy ETF (YETH).
PLTY and YETH 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. YETH is an actively managed fund by Roundhill. It was launched on Sep 4, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PLTY or YETH.
Correlation
The correlation between PLTY and YETH is 0.55, 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. YETH - Performance Comparison
Key characteristics
PLTY:
68.24%
YETH:
56.23%
PLTY:
-36.61%
YETH:
-53.07%
PLTY:
-23.46%
YETH:
-46.71%
Returns By Period
In the year-to-date period, PLTY achieves a 13.12% return, which is significantly higher than YETH's -40.77% return.
PLTY
13.12%
-3.76%
67.09%
N/A
N/A
N/A
YETH
-40.77%
-14.39%
-31.76%
N/A
N/A
N/A
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PLTY vs. YETH - Expense Ratio Comparison
PLTY has a 0.99% expense ratio, which is higher than YETH's 0.95% expense ratio.
Risk-Adjusted Performance
PLTY vs. YETH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax PLTR Option Income Strategy ETF (PLTY) and Roundhill Ether Covered Call Strategy ETF (YETH). 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. YETH - Dividend Comparison
PLTY's dividend yield for the trailing twelve months is around 38.15%, less than YETH's 69.20% yield.
| TTM | 2024 | |
|---|---|---|
PLTY YieldMax PLTR Option Income Strategy ETF | 38.15% | 7.85% |
YETH Roundhill Ether Covered Call Strategy ETF | 69.20% | 20.52% |
Drawdowns
PLTY vs. YETH - Drawdown Comparison
The maximum PLTY drawdown since its inception was -36.61%, smaller than the maximum YETH drawdown of -53.07%. Use the drawdown chart below to compare losses from any high point for PLTY and YETH. For additional features, visit the drawdowns tool.
Volatility
PLTY vs. YETH - Volatility Comparison
YieldMax PLTR Option Income Strategy ETF (PLTY) and Roundhill Ether Covered Call Strategy ETF (YETH) have volatilities of 22.18% and 23.24%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.