RDTY vs. VOO
RDTY (YieldMax™ R2000 0DTE Covered Call Strategy ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - RDTY is a Derivative Income fund actively managed by YieldMax, while VOO is a S&P 500 fund tracking the S&P 500 Index. RDTY is actively managed, while VOO is passively managed. Over the past year, RDTY returned 25.49% vs 28.62% for VOO. A 0.79 correlation means they provide meaningful diversification when combined. RDTY charges 1.01%/yr vs 0.03%/yr for VOO.
Performance
RDTY vs. VOO - Performance Comparison
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Returns By Period
In the year-to-date period, RDTY achieves a 13.72% return, which is significantly higher than VOO's 11.34% return.
RDTY
- 1D
- 0.72%
- 1M
- 1.49%
- YTD
- 13.72%
- 6M
- 13.39%
- 1Y
- 25.49%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VOO
- 1D
- 0.39%
- 1M
- 4.62%
- YTD
- 11.34%
- 6M
- 11.27%
- 1Y
- 28.62%
- 3Y*
- 22.68%
- 5Y*
- 13.98%
- 10Y*
- 15.55%
RDTY vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
RDTY YieldMax™ R2000 0DTE Covered Call Strategy ETF | 13.72% | 10.73% |
VOO Vanguard S&P 500 ETF | 11.34% | 20.54% |
Correlation
The correlation between RDTY and VOO is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Mar 7, 2025 | 0.79 |
The correlation between RDTY and VOO has been stable across timeframes, ranging from 0.77 to 0.79 - a consistent structural relationship.
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Return for Risk
RDTY vs. VOO — Risk / Return Rank
RDTY
VOO
RDTY vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax™ R2000 0DTE Covered Call Strategy ETF (RDTY) and Vanguard S&P 500 ETF (VOO). 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.
| RDTY | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.93 | ||
| Sortino ratioReturn per unit of downside risk | -1.17 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.44 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.78 | 3.23 | -0.45 |
| Martin ratioReturn relative to average drawdown | 9.38 | 15.03 | -5.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RDTY | VOO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.51 | 2.44 | -0.93 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.84 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.93 | 0.89 | +0.04 |
Drawdowns
RDTY vs. VOO - Drawdown Comparison
The maximum RDTY drawdown since its inception was -17.31%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for RDTY and VOO.
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Drawdown Indicators
| RDTY | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.31% | -33.99% | +16.68% |
Max Drawdown (1Y)Largest decline over 1 year | -9.20% | -8.90% | -0.30% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.69% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.52% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.99% | — |
Current DrawdownCurrent decline from peak | -0.59% | -0.32% | -0.27% |
Average DrawdownAverage peak-to-trough decline | -2.74% | -3.69% | +0.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.73% | 1.91% | +0.82% |
Volatility
RDTY vs. VOO - Volatility Comparison
YieldMax™ R2000 0DTE Covered Call Strategy ETF (RDTY) has a higher volatility of 5.92% compared to Vanguard S&P 500 ETF (VOO) at 2.78%. This indicates that RDTY's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RDTY | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.92% | 2.78% | +3.14% |
Volatility (6M)Calculated over the trailing 6-month period | 12.45% | 8.90% | +3.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.98% | 11.80% | +5.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.05% | 16.81% | +5.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.05% | 18.00% | +4.05% |
RDTY vs. VOO - Expense Ratio Comparison
RDTY has a 1.01% expense ratio, which is higher than VOO's 0.03% expense ratio.
Dividends
RDTY vs. VOO - Dividend Comparison
RDTY's dividend yield for the trailing twelve months is around 43.97%, more than VOO's 1.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RDTY YieldMax™ R2000 0DTE Covered Call Strategy ETF | 43.97% | 36.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.02% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Frequently Asked Questions
RDTY and VOO have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RDTY has higher volatility (5.92%) compared to VOO (2.78%). In terms of maximum drawdown, RDTY dropped -17.31% vs VOO's -33.99%.
On 1-year performance, VOO leads with 28.62% vs 25.49% for RDTY. On fees, VOO is cheaper at 0.03% per year. On volatility, VOO has been the lower-risk option at 2.78%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, VOO has performed better with a 28.62% return vs 25.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VOO is cheaper with a 0.03% expense ratio, compared with 1.01% for RDTY.
RDTY has the higher dividend yield at 43.97%, compared with 1.02% for VOO.
RDTY is categorized as Derivative Income, while VOO is S&P 500. They also come from different issuers: YieldMax and Vanguard. Their fees differ too: 1.01% for RDTY and 0.03% for VOO.
VOO currently has the higher Sharpe Ratio (2.44 vs 1.51), 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.
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