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

Performance

QDTE vs. QYLD - 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 Global X NASDAQ 100 Covered Call ETF (QYLD). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
13.95%
9.11%
QDTE
QYLD

Returns By Period


QDTE

YTD

N/A

1M

1.70%

6M

14.51%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

QYLD

YTD

16.23%

1M

0.51%

6M

9.61%

1Y

19.69%

5Y (annualized)

7.34%

10Y (annualized)

8.46%

Key characteristics


QDTEQYLD
Daily Std Dev17.08%10.35%
Max Drawdown-10.74%-24.75%
Current Drawdown-2.18%-1.61%

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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%

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.

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.


Sharpe ratio
No data
QDTE
QYLD

Chart placeholderNot enough data

Dividends

QDTE vs. QYLD - Dividend Comparison

QDTE's dividend yield for the trailing twelve months is around 24.24%, more than QYLD's 11.65% yield.


TTM2023202220212020201920182017201620152014
QDTE
Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF
24.24%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
11.65%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 -24.75%. 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%JuneJulyAugustSeptemberOctoberNovember
-2.18%
-1.61%
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 5.03% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 3.46%. 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
5.03%
3.46%
QDTE
QYLD