SMCY vs. XDTE
Compare and contrast key facts about YieldMax SMCI Option Income Strategy ETF (SMCY) and Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE).
SMCY and XDTE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SMCY is an actively managed fund by YieldMax. It was launched on Sep 11, 2024. XDTE 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: SMCY or XDTE.
Correlation
The correlation between SMCY and XDTE is 0.43, 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
SMCY vs. XDTE - Performance Comparison
Key characteristics
SMCY:
96.88%
XDTE:
16.47%
SMCY:
-59.71%
XDTE:
-19.09%
SMCY:
-40.62%
XDTE:
-13.93%
Returns By Period
In the year-to-date period, SMCY achieves a 4.17% return, which is significantly higher than XDTE's -10.21% return.
SMCY
4.17%
-4.28%
-38.79%
N/A
N/A
N/A
XDTE
-10.21%
-8.58%
-9.16%
7.33%
N/A
N/A
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SMCY vs. XDTE - Expense Ratio Comparison
SMCY has a 0.99% expense ratio, which is higher than XDTE's 0.95% expense ratio.
Risk-Adjusted Performance
SMCY vs. XDTE — Risk-Adjusted Performance Rank
SMCY
XDTE
SMCY vs. XDTE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax SMCI Option Income Strategy ETF (SMCY) and Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE). 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
SMCY vs. XDTE - Dividend Comparison
SMCY's dividend yield for the trailing twelve months is around 86.43%, more than XDTE's 32.70% yield.
| TTM | 2024 | |
|---|---|---|
SMCY YieldMax SMCI Option Income Strategy ETF | 86.43% | 38.43% |
XDTE Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call Strategy ETF | 32.70% | 20.35% |
Drawdowns
SMCY vs. XDTE - Drawdown Comparison
The maximum SMCY drawdown since its inception was -59.71%, which is greater than XDTE's maximum drawdown of -19.09%. Use the drawdown chart below to compare losses from any high point for SMCY and XDTE. For additional features, visit the drawdowns tool.
Volatility
SMCY vs. XDTE - Volatility Comparison
YieldMax SMCI Option Income Strategy ETF (SMCY) has a higher volatility of 24.19% compared to Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) at 11.03%. This indicates that SMCY's price experiences larger fluctuations and is considered to be riskier than XDTE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.