RDTE vs. IWM
Compare and contrast key facts about Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE) and iShares Russell 2000 ETF (IWM).
RDTE and IWM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RDTE is an actively managed fund by Roundhill. It was launched on Sep 9, 2024. IWM is a passively managed fund by iShares that tracks the performance of the Russell 2000 Index. It was launched on May 22, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RDTE or IWM.
Correlation
The correlation between RDTE and IWM is 0.80, 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
RDTE vs. IWM - Performance Comparison
Key characteristics
RDTE:
22.92%
IWM:
24.07%
RDTE:
-24.91%
IWM:
-59.05%
RDTE:
-20.44%
IWM:
-19.52%
Returns By Period
In the year-to-date period, RDTE achieves a -14.81% return, which is significantly lower than IWM's -11.98% return.
RDTE
-14.81%
-12.18%
-12.61%
N/A
N/A
N/A
IWM
-11.98%
-6.57%
-11.22%
-0.71%
11.08%
5.95%
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RDTE vs. IWM - Expense Ratio Comparison
RDTE has a 0.95% expense ratio, which is higher than IWM's 0.19% expense ratio.
Risk-Adjusted Performance
RDTE vs. IWM — Risk-Adjusted Performance Rank
RDTE
IWM
RDTE vs. IWM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE) and iShares Russell 2000 ETF (IWM). 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
RDTE vs. IWM - Dividend Comparison
RDTE's dividend yield for the trailing twelve months is around 26.72%, more than IWM's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RDTE Roundhill Small Cap 0DTE Covered Call Strategy ETF | 26.72% | 10.70% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IWM iShares Russell 2000 ETF | 1.27% | 1.15% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% | 1.26% |
Drawdowns
RDTE vs. IWM - Drawdown Comparison
The maximum RDTE drawdown since its inception was -24.91%, smaller than the maximum IWM drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for RDTE and IWM. For additional features, visit the drawdowns tool.
Volatility
RDTE vs. IWM - Volatility Comparison
The current volatility for Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE) is 11.58%, while iShares Russell 2000 ETF (IWM) has a volatility of 13.96%. This indicates that RDTE experiences smaller price fluctuations and is considered to be less risky than IWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.