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.
Correlation
The correlation between RDTE and QDTE is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
RDTE vs. QDTE - Performance Comparison
Key characteristics
RDTE:
19.23%
QDTE:
16.92%
RDTE:
-7.51%
QDTE:
-10.74%
RDTE:
-5.63%
QDTE:
-1.89%
Returns By Period
RDTE
N/A
-3.69%
N/A
N/A
N/A
N/A
QDTE
N/A
2.53%
13.30%
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 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.
Dividends
RDTE vs. QDTE - Dividend Comparison
RDTE's dividend yield for the trailing twelve months is around 9.87%, less than QDTE's 28.59% yield.
Drawdowns
RDTE vs. QDTE - Drawdown Comparison
The maximum RDTE drawdown since its inception was -7.51%, smaller than the maximum QDTE drawdown of -10.74%. Use the drawdown chart below to compare losses from any high point for RDTE and QDTE. For additional features, visit the drawdowns tool.
Volatility
RDTE vs. QDTE - Volatility Comparison
Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE) has a higher volatility of 5.55% compared to Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) at 4.71%. This indicates that RDTE's price experiences larger fluctuations and is considered to be riskier than QDTE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.