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

Key characteristics


QDTEQYLD
Daily Std Dev17.32%10.05%
Max Drawdown-10.74%-24.89%
Current Drawdown0.00%0.00%

Correlation

-0.50.00.51.00.9

The correlation between QDTE and QYLD is 0.87, 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. QYLD - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
19.31%
11.31%
QDTE
QYLD

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. QYLD - Expense Ratio Comparison

QDTE has a 0.95% expense ratio, which is higher than QYLD's 0.60% expense ratio.


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 QYLD: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%

Risk-Adjusted Performance

QDTE vs. QYLD - 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 Global X NASDAQ 100 Covered Call ETF (QYLD). 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.


QDTE
Sharpe ratio
No data
QYLD
Sharpe ratio
The chart of Sharpe ratio for QYLD, currently valued at 2.25, compared to the broader market-2.000.002.004.006.002.25
Sortino ratio
The chart of Sortino ratio for QYLD, currently valued at 3.09, compared to the broader market-2.000.002.004.006.008.0010.0012.003.09
Omega ratio
The chart of Omega ratio for QYLD, currently valued at 1.55, compared to the broader market1.001.502.002.503.001.55
Calmar ratio
The chart of Calmar ratio for QYLD, currently valued at 2.91, compared to the broader market0.005.0010.0015.002.91
Martin ratio
The chart of Martin ratio for QYLD, currently valued at 16.04, compared to the broader market0.0020.0040.0060.0080.00100.0016.04

QDTE vs. QYLD - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

QDTE vs. QYLD - Dividend Comparison

QDTE's dividend yield for the trailing twelve months is around 23.05%, more than QYLD's 11.26% yield.


TTM2023202220212020201920182017201620152014
QDTE
Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF
23.05%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QYLD
Global X NASDAQ 100 Covered Call ETF
11.26%11.78%13.75%12.85%11.16%9.84%12.44%7.69%9.15%9.42%10.74%

Drawdowns

QDTE vs. QYLD - Drawdown Comparison

The maximum QDTE drawdown since its inception was -10.74%, smaller than the maximum QYLD drawdown of -24.89%. Use the drawdown chart below to compare losses from any high point for QDTE and QYLD. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember00
QDTE
QYLD

Volatility

QDTE vs. QYLD - Volatility Comparison

Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) has a higher volatility of 4.81% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 2.54%. This indicates that QDTE's price experiences larger fluctuations and is considered to be riskier than QYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
4.81%
2.54%
QDTE
QYLD