RDTE vs. EDF

Last updated Jun 6, 2026

RDTE (Roundhill Small Cap 0DTE Covered Call Strategy ETF) and EDF (Virtus Stone Harbor Emerging Markets Income Fund) are both funds - RDTE is a Derivative Income fund actively managed by Roundhill, while EDF is a Emerging Markets Bonds fund actively managed by Virtus. Both are actively managed. Over the past year, RDTE returned 25.14% vs 22.62% for EDF. At a 0.26 correlation, their price movements are largely independent. RDTE charges 0.95%/yr vs 1.45%/yr for EDF.

Performance

RDTE vs. EDF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE) and Virtus Stone Harbor Emerging Markets Income Fund (EDF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RDTE achieves a 9.93% return, which is significantly lower than EDF's 13.73% return.

RDTE

• 1D: -3.48%
• 1M: -3.15%
• YTD: 9.93%
• 6M: 8.91%
• 1Y: 25.14%
• 3Y*: —
• 5Y*: —
• 10Y*: —

EDF

• 1D: -0.37%
• 1M: 3.66%
• YTD: 13.73%
• 6M: 17.51%
• 1Y: 22.62%
• 3Y*: 25.40%
• 5Y*: 4.92%
• 10Y*: 4.76%

*Multi-year figures are annualized to reflect compound growth (CAGR)

RDTE vs. EDF - Yearly Performance Comparison

	2026 (YTD)	2025	2024
RDTE Roundhill Small Cap 0DTE Covered Call Strategy ETF	9.93%	9.46%	8.81%
EDF Virtus Stone Harbor Emerging Markets Income Fund	13.73%	22.24%	-6.92%

Correlation

The correlation between RDTE and EDF is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (All Time) Calculated using the full available price history since Sep 11, 2024	0.26

Return for Risk

RDTE vs. EDF — Risk / Return Rank

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

RDTE

RDTE Risk / Return Rank: 48
RDTE Sharpe Ratio Rank: 44
RDTE Sortino Ratio Rank: 42
RDTE Omega Ratio Rank: 40
RDTE Calmar Ratio Rank: 57
RDTE Martin Ratio Rank: 56

EDF

EDF Risk / Return Rank: 37
EDF Sharpe Ratio Rank: 33
EDF Sortino Ratio Rank: 35
EDF Omega Ratio Rank: 32
EDF Calmar Ratio Rank: 43
EDF Martin Ratio Rank: 45

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RDTE vs. EDF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE) and Virtus Stone Harbor Emerging Markets Income Fund (EDF). 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.

	RDTE	EDF	Difference
Sharpe ratio: Return per unit of total volatility	1.48	1.58	-0.11
Sortino ratio: Return per unit of downside risk	2.04	2.36	-0.32
Omega ratio: Gain probability vs. loss probability	1.25	1.28	-0.03
Calmar ratio: Return relative to maximum drawdown	2.76	2.41	+0.35
Martin ratio: Return relative to average drawdown	9.55	9.19	+0.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RDTE vs. EDF - Sharpe Ratio Comparison

The current RDTE Sharpe Ratio is 1.48, which is comparable to the EDF Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of RDTE and EDF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RDTE	EDF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.48	1.58	-0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.19	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.16	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	0.12	+0.75

Drawdowns

RDTE vs. EDF - Drawdown Comparison

The maximum RDTE drawdown since its inception was -24.32%, smaller than the maximum EDF drawdown of -64.23%. Use the drawdown chart below to compare losses from any high point for RDTE and EDF.

Drawdown Indicators

	RDTE	EDF	Difference
Max Drawdown Largest peak-to-trough decline	-24.32%	-64.23%	+39.91%
Max Drawdown (1Y) Largest decline over 1 year	-9.17%	-9.44%	+0.27%
Max Drawdown (3Y) Largest decline over 3 years	—	-24.32%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-52.53%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-64.23%	—
Current Drawdown Current decline from peak	-3.52%	-6.72%	+3.20%
Average Drawdown Average peak-to-trough decline	-4.65%	-21.47%	+16.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.64%	2.47%	+0.17%

Volatility

RDTE vs. EDF - Volatility Comparison

Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE) has a higher volatility of 5.89% compared to Virtus Stone Harbor Emerging Markets Income Fund (EDF) at 4.83%. This indicates that RDTE's price experiences larger fluctuations and is considered to be riskier than EDF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RDTE	EDF	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.89%	4.83%	+1.06%
Volatility (6M) Calculated over the trailing 6-month period	12.84%	11.50%	+1.34%
Volatility (1Y) Calculated over the trailing 1-year period	17.11%	14.35%	+2.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.33%	25.63%	-6.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.33%	30.69%	-11.36%

RDTE vs. EDF - Expense Ratio Comparison

RDTE has a 0.95% expense ratio, which is lower than EDF's 1.45% expense ratio.

Dividends

RDTE vs. EDF - Dividend Comparison

RDTE's dividend yield for the trailing twelve months is around 46.59%, more than EDF's 13.51% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EDF Virtus Stone Harbor Emerging Markets Income Fund	13.51%	14.49%	15.32%	16.71%	17.31%	12.91%	16.46%	15.67%	19.37%	13.58%	14.75%	17.93%
RDTE Roundhill Small Cap 0DTE Covered Call Strategy ETF	46.59%	50.16%	10.70%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RDTE and EDF in my portfolio?

RDTE and EDF have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RDTE or EDF?

RDTE has higher volatility (5.89%) compared to EDF (4.83%). In terms of maximum drawdown, RDTE dropped -24.32% vs EDF's -64.23%.

Which has better risk-adjusted returns?

EDF currently has the higher Sharpe Ratio (1.58 vs 1.48), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.