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QDTE vs. BITO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between QDTE and BITO is 0.36, 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.


-0.50.00.51.00.4

Performance

QDTE vs. BITO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) and ProShares Bitcoin Strategy ETF (BITO). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
17.37%
34.71%
QDTE
BITO

Key characteristics

Daily Std Dev

QDTE:

16.93%

BITO:

57.57%

Max Drawdown

QDTE:

-10.74%

BITO:

-77.86%

Current Drawdown

QDTE:

-3.91%

BITO:

-9.85%

Returns By Period


QDTE

YTD

N/A

1M

1.15%

6M

10.38%

1Y

N/A

5Y*

N/A

10Y*

N/A

BITO

YTD

113.45%

1M

1.10%

6M

45.67%

1Y

103.62%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


QDTE vs. BITO - Expense Ratio Comparison

Both QDTE and BITO have an expense ratio of 0.95%.


QDTE
Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF
Expense ratio chart for QDTE: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
Expense ratio chart for BITO: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

QDTE vs. BITO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) and ProShares Bitcoin Strategy ETF (BITO). 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.


Sharpe ratio
No data
QDTE
BITO


Chart placeholderNot enough data

Dividends

QDTE vs. BITO - Dividend Comparison

QDTE's dividend yield for the trailing twelve months is around 29.19%, less than BITO's 52.26% yield.


TTM2023
QDTE
Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF
29.19%0.00%
BITO
ProShares Bitcoin Strategy ETF
52.26%15.14%

Drawdowns

QDTE vs. BITO - Drawdown Comparison

The maximum QDTE drawdown since its inception was -10.74%, smaller than the maximum BITO drawdown of -77.86%. Use the drawdown chart below to compare losses from any high point for QDTE and BITO. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.91%
-9.85%
QDTE
BITO

Volatility

QDTE vs. BITO - Volatility Comparison

The current volatility for Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) is 4.52%, while ProShares Bitcoin Strategy ETF (BITO) has a volatility of 16.28%. This indicates that QDTE experiences smaller price fluctuations and is considered to be less risky than BITO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
4.52%
16.28%
QDTE
BITO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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