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

Correlation

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 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.

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Key characteristics

Sharpe Ratio

QDTE:

0.53

QYLD:

0.30

Sortino Ratio

QDTE:

0.83

QYLD:

0.59

Omega Ratio

QDTE:

1.12

QYLD:

1.10

Calmar Ratio

QDTE:

0.53

QYLD:

0.32

Martin Ratio

QDTE:

1.70

QYLD:

1.09

Ulcer Index

QDTE:

7.15%

QYLD:

5.50%

Daily Std Dev

QDTE:

22.13%

QYLD:

19.19%

Max Drawdown

QDTE:

-22.86%

QYLD:

-24.75%

Current Drawdown

QDTE:

-7.59%

QYLD:

-9.73%

Returns By Period

In the year-to-date period, QDTE achieves a -2.06% return, which is significantly higher than QYLD's -5.65% return.


QDTE

YTD

-2.06%

1M

10.48%

6M

-3.75%

1Y

11.67%

3Y*

N/A

5Y*

N/A

10Y*

N/A

QYLD

YTD

-5.65%

1M

1.76%

6M

-3.65%

1Y

5.71%

3Y*

9.42%

5Y*

7.96%

10Y*

7.63%

*Annualized

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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.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

QDTE vs. QYLD — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QDTE
The Risk-Adjusted Performance Rank of QDTE is 5757
Overall Rank
The Sharpe Ratio Rank of QDTE is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of QDTE is 5656
Sortino Ratio Rank
The Omega Ratio Rank of QDTE is 5858
Omega Ratio Rank
The Calmar Ratio Rank of QDTE is 6262
Calmar Ratio Rank
The Martin Ratio Rank of QDTE is 5454
Martin Ratio Rank

QYLD
The Risk-Adjusted Performance Rank of QYLD is 4242
Overall Rank
The Sharpe Ratio Rank of QYLD is 3535
Sharpe Ratio Rank
The Sortino Ratio Rank of QYLD is 4040
Sortino Ratio Rank
The Omega Ratio Rank of QYLD is 4949
Omega Ratio Rank
The Calmar Ratio Rank of QYLD is 4444
Calmar Ratio Rank
The Martin Ratio Rank of QYLD is 4242
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current QDTE Sharpe Ratio is 0.53, which is higher than the QYLD Sharpe Ratio of 0.30. The chart below compares the historical Sharpe Ratios of QDTE and QYLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

QDTE vs. QYLD - Dividend Comparison

QDTE's dividend yield for the trailing twelve months is around 44.38%, more than QYLD's 13.79% yield.


TTM20242023202220212020201920182017201620152014
QDTE
Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF
44.38%32.10%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
13.79%12.50%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 -22.86%, 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.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

QDTE vs. QYLD - Volatility Comparison

Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) has a higher volatility of 5.31% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 1.89%. 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.


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