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RDTE vs. IWMI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between RDTE and IWMI is 0.81, 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.


-0.50.00.51.0
Correlation: 0.8

Performance

RDTE vs. IWMI - 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 NEOS Russell 2000 High Income ETF (IWMI). The values are adjusted to include any dividend payments, if applicable.

-15.00%-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
-6.12%
-4.18%
RDTE
IWMI

Key characteristics

Daily Std Dev

RDTE:

22.88%

IWMI:

21.32%

Max Drawdown

RDTE:

-24.91%

IWMI:

-23.88%

Current Drawdown

RDTE:

-19.43%

IWMI:

-15.36%

Returns By Period

In the year-to-date period, RDTE achieves a -13.72% return, which is significantly lower than IWMI's -8.75% return.


RDTE

YTD

-13.72%

1M

-10.18%

6M

-11.21%

1Y

N/A

5Y*

N/A

10Y*

N/A

IWMI

YTD

-8.75%

1M

-4.09%

6M

-9.31%

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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RDTE vs. IWMI - Expense Ratio Comparison

RDTE has a 0.95% expense ratio, which is higher than IWMI's 0.68% expense ratio.


Expense ratio chart for RDTE: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
RDTE: 0.95%
Expense ratio chart for IWMI: current value is 0.68%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
IWMI: 0.68%

Risk-Adjusted Performance

RDTE vs. IWMI - 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 NEOS Russell 2000 High Income ETF (IWMI). 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.



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Dividends

RDTE vs. IWMI - Dividend Comparison

RDTE's dividend yield for the trailing twelve months is around 27.62%, more than IWMI's 15.41% yield.


Drawdowns

RDTE vs. IWMI - Drawdown Comparison

The maximum RDTE drawdown since its inception was -24.91%, roughly equal to the maximum IWMI drawdown of -23.88%. Use the drawdown chart below to compare losses from any high point for RDTE and IWMI. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-19.43%
-15.36%
RDTE
IWMI

Volatility

RDTE vs. IWMI - Volatility Comparison

The current volatility for Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE) is 11.69%, while NEOS Russell 2000 High Income ETF (IWMI) has a volatility of 12.78%. This indicates that RDTE experiences smaller price fluctuations and is considered to be less risky than IWMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%NovemberDecember2025FebruaryMarchApril
11.69%
12.78%
RDTE
IWMI