QDTE vs. QQQI
Compare and contrast key facts about Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) and NEOS Nasdaq 100 High Income ETF (QQQI).
QDTE and QQQI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QDTE is an actively managed fund by Roundhill. It was launched on Mar 6, 2024. QQQI is an actively managed fund by Neos Investments. It was launched on Jan 30, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QDTE or QQQI.
Performance
QDTE vs. QQQI - Performance Comparison
Returns By Period
QDTE
N/A
1.70%
14.51%
N/A
N/A
N/A
QQQI
N/A
1.98%
10.79%
N/A
N/A
N/A
Key characteristics
| QDTE | QQQI | |
|---|---|---|
| Daily Std Dev | 17.08% | 14.48% |
| Max Drawdown | -10.74% | -10.67% |
| Current Drawdown | -2.18% | -0.73% |
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QDTE vs. QQQI - Expense Ratio Comparison
QDTE has a 0.95% expense ratio, which is higher than QQQI's 0.68% expense ratio.
Correlation
The correlation between QDTE and QQQI is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
QDTE vs. QQQI - 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 NEOS Nasdaq 100 High Income ETF (QQQI). 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
QDTE vs. QQQI - Dividend Comparison
QDTE's dividend yield for the trailing twelve months is around 24.24%, more than QQQI's 11.75% yield.
Drawdowns
QDTE vs. QQQI - Drawdown Comparison
The maximum QDTE drawdown since its inception was -10.74%, roughly equal to the maximum QQQI drawdown of -10.67%. Use the drawdown chart below to compare losses from any high point for QDTE and QQQI. For additional features, visit the drawdowns tool.
Volatility
QDTE vs. QQQI - Volatility Comparison
Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) has a higher volatility of 5.03% compared to NEOS Nasdaq 100 High Income ETF (QQQI) at 3.67%. This indicates that QDTE's price experiences larger fluctuations and is considered to be riskier than QQQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.