RYLG vs. QDTE
Compare and contrast key facts about Global X Russell 2000 Covered Call & Growth ETF (RYLG) and Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE).
RYLG and QDTE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RYLG is a passively managed fund by Global X that tracks the performance of the Cboe Russell 2000 Half BuyWrite Index. It was launched on Oct 4, 2022. 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: RYLG or QDTE.
Correlation
The correlation between RYLG and QDTE is 0.57, 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
RYLG vs. QDTE - Performance Comparison
Key characteristics
RYLG:
14.99%
QDTE:
16.86%
RYLG:
-14.27%
QDTE:
-10.74%
RYLG:
-1.95%
QDTE:
0.00%
Returns By Period
In the year-to-date period, RYLG achieves a 3.41% return, which is significantly lower than QDTE's 5.98% return.
RYLG
3.41%
1.24%
8.25%
16.00%
N/A
N/A
QDTE
5.98%
3.12%
13.37%
N/A
N/A
N/A
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RYLG vs. QDTE - Expense Ratio Comparison
RYLG has a 0.35% expense ratio, which is lower than QDTE's 0.95% expense ratio.
Risk-Adjusted Performance
RYLG vs. QDTE — Risk-Adjusted Performance Rank
RYLG
QDTE
RYLG vs. QDTE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Russell 2000 Covered Call & Growth ETF (RYLG) 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.
Not enough dataDividends
RYLG vs. QDTE - Dividend Comparison
RYLG's dividend yield for the trailing twelve months is around 22.34%, less than QDTE's 35.89% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
RYLG Global X Russell 2000 Covered Call & Growth ETF | 22.34% | 23.73% | 5.78% | 4.37% |
QDTE Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF | 35.89% | 32.10% | 0.00% | 0.00% |
Drawdowns
RYLG vs. QDTE - Drawdown Comparison
The maximum RYLG drawdown since its inception was -14.27%, which is greater than QDTE's maximum drawdown of -10.74%. Use the drawdown chart below to compare losses from any high point for RYLG and QDTE. For additional features, visit the drawdowns tool.
Volatility
RYLG vs. QDTE - Volatility Comparison
The current volatility for Global X Russell 2000 Covered Call & Growth ETF (RYLG) is 3.37%, while Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) has a volatility of 4.36%. This indicates that RYLG experiences smaller price fluctuations and is considered to be less risky than QDTE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.