Correlation
The correlation between RDTE and QDTE 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.
RDTE vs. QDTE
Compare and contrast key facts about Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE) and Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE).
RDTE and QDTE 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. 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: RDTE or QDTE.
Performance
RDTE vs. QDTE - Performance Comparison
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Key characteristics
RDTE:
22.40%
QDTE:
22.08%
RDTE:
-24.91%
QDTE:
-22.86%
RDTE:
-12.46%
QDTE:
-7.77%
Returns By Period
In the year-to-date period, RDTE achieves a -6.26% return, which is significantly lower than QDTE's -2.25% return.
RDTE
-6.26%
4.63%
-12.38%
N/A
N/A
N/A
N/A
QDTE
-2.25%
7.03%
-3.65%
12.47%
N/A
N/A
N/A
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RDTE vs. QDTE - Expense Ratio Comparison
Both RDTE and QDTE have an expense ratio of 0.95%.
Risk-Adjusted Performance
RDTE vs. QDTE — Risk-Adjusted Performance Rank
RDTE
QDTE
RDTE vs. QDTE - 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 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.
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Dividends
RDTE vs. QDTE - Dividend Comparison
RDTE's dividend yield for the trailing twelve months is around 30.14%, less than QDTE's 44.76% yield.
| TTM | 2024 | |
|---|---|---|
RDTE Roundhill Small Cap 0DTE Covered Call Strategy ETF | 30.14% | 10.70% |
QDTE Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF | 44.76% | 32.10% |
Drawdowns
RDTE vs. QDTE - Drawdown Comparison
The maximum RDTE drawdown since its inception was -24.91%, which is greater than QDTE's maximum drawdown of -22.86%. Use the drawdown chart below to compare losses from any high point for RDTE and QDTE.
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Volatility
RDTE vs. QDTE - Volatility Comparison
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