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. 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.
Correlation
The correlation between QDTE and QQQI is 0.91, 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.
Performance
QDTE vs. QQQI - Performance Comparison
Key characteristics
QDTE:
0.36
QQQI:
0.60
QDTE:
0.59
QQQI:
0.98
QDTE:
1.09
QQQI:
1.15
QDTE:
0.34
QQQI:
0.64
QDTE:
1.26
QQQI:
2.50
QDTE:
6.18%
QQQI:
5.08%
QDTE:
21.76%
QQQI:
21.32%
QDTE:
-22.86%
QQQI:
-20.00%
QDTE:
-17.49%
QQQI:
-10.71%
Returns By Period
In the year-to-date period, QDTE achieves a -12.55% return, which is significantly lower than QQQI's -6.16% return.
QDTE
-12.55%
-11.79%
-10.48%
5.91%
N/A
N/A
QQQI
-6.16%
-4.75%
-1.99%
10.62%
N/A
N/A
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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.
Risk-Adjusted Performance
QDTE vs. QQQI — Risk-Adjusted Performance Rank
QDTE
QQQI
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.
Dividends
QDTE vs. QQQI - Dividend Comparison
QDTE's dividend yield for the trailing twelve months is around 49.26%, more than QQQI's 15.57% yield.
| TTM | 2024 | |
|---|---|---|
QDTE Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF | 49.26% | 32.10% |
QQQI NEOS Nasdaq 100 High Income ETF | 15.57% | 12.85% |
Drawdowns
QDTE vs. QQQI - Drawdown Comparison
The maximum QDTE drawdown since its inception was -22.86%, which is greater than QQQI's maximum drawdown of -20.00%. 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
The current volatility for Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) is 13.09%, while NEOS Nasdaq 100 High Income ETF (QQQI) has a volatility of 15.24%. This indicates that QDTE experiences smaller price fluctuations and is considered to be less risky than QQQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.