QQQI vs. QDTE
Compare and contrast key facts about NEOS Nasdaq 100 High Income ETF (QQQI) and Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE).
QQQI and QDTE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQQI is an actively managed fund by Neos Investments. It was launched on Jan 30, 2024. QDTE is an actively managed fund by Roundhill. It was launched on Mar 6, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QQQI or QDTE.
Key characteristics
| QQQI | QDTE | |
|---|---|---|
| Daily Std Dev | 14.61% | 17.04% |
| Max Drawdown | -10.67% | -10.74% |
| Current Drawdown | -1.85% | -2.40% |
Correlation
The correlation between QQQI and QDTE is 0.95, 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
QQQI vs. QDTE - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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QQQI vs. QDTE - Expense Ratio Comparison
QQQI has a 0.68% expense ratio, which is lower than QDTE's 0.95% expense ratio.
Risk-Adjusted Performance
QQQI vs. QDTE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NEOS Nasdaq 100 High Income ETF (QQQI) and Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE). 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.
Not enough dataDividends
QQQI vs. QDTE - Dividend Comparison
QQQI's dividend yield for the trailing twelve months is around 10.79%, less than QDTE's 23.51% yield.
Drawdowns
QQQI vs. QDTE - Drawdown Comparison
The maximum QQQI drawdown since its inception was -10.67%, roughly equal to the maximum QDTE drawdown of -10.74%. Use the drawdown chart below to compare losses from any high point for QQQI and QDTE. For additional features, visit the drawdowns tool.
Volatility
QQQI vs. QDTE - Volatility Comparison
The current volatility for NEOS Nasdaq 100 High Income ETF (QQQI) is 3.32%, while Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) has a volatility of 4.04%. This indicates that QQQI experiences smaller price fluctuations and is considered to be less risky than QDTE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.