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QLDY vs. HOOW
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

QLDY vs. HOOW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Nasdaq 100 LightningSpread Income ETF (QLDY) and Roundhill HOOD WeeklyPay ETF (HOOW). The values are adjusted to include any dividend payments, if applicable.

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QLDY vs. HOOW - Yearly Performance Comparison


Returns By Period

In the year-to-date period, QLDY achieves a -9.50% return, which is significantly higher than HOOW's -44.41% return.


QLDY

1D
1.52%
1M
-6.07%
YTD
-9.50%
6M
-9.60%
1Y
3Y*
5Y*
10Y*

HOOW

1D
1.52%
1M
-13.07%
YTD
-44.41%
6M
-58.06%
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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QLDY vs. HOOW - Expense Ratio Comparison

QLDY has a 1.04% expense ratio, which is higher than HOOW's 0.99% expense ratio.


Return for Risk

QLDY vs. HOOW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Nasdaq 100 LightningSpread Income ETF (QLDY) and Roundhill HOOD WeeklyPay ETF (HOOW). 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.


Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

QLDY vs. HOOW - Sharpe Ratio Comparison


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Sharpe Ratios by Period


QLDYHOOWDifference

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.75

-0.28

-0.47

Correlation

The correlation between QLDY and HOOW is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

QLDY vs. HOOW - Dividend Comparison

QLDY's dividend yield for the trailing twelve months is around 19.76%, less than HOOW's 163.81% yield.


Drawdowns

QLDY vs. HOOW - Drawdown Comparison

The maximum QLDY drawdown since its inception was -17.44%, smaller than the maximum HOOW drawdown of -65.74%. Use the drawdown chart below to compare losses from any high point for QLDY and HOOW.


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Drawdown Indicators


QLDYHOOWDifference

Max Drawdown

Largest peak-to-trough decline

-17.44%

-65.74%

+48.30%

Current Drawdown

Current decline from peak

-13.33%

-62.25%

+48.92%

Average Drawdown

Average peak-to-trough decline

-4.81%

-23.06%

+18.25%

Volatility

QLDY vs. HOOW - Volatility Comparison


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Volatility by Period


QLDYHOOWDifference

Volatility (1Y)

Calculated over the trailing 1-year period

19.69%

82.31%

-62.62%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.69%

82.31%

-62.62%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.69%

82.31%

-62.62%