TSMY vs. QDTE
Compare and contrast key facts about YieldMax TSM Option Income Strategy ETF (TSMY) and Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE).
TSMY and QDTE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TSMY is an actively managed fund by YieldMax. It was launched on Aug 20, 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: TSMY or QDTE.
Correlation
The correlation between TSMY 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
TSMY vs. QDTE - Performance Comparison
Key characteristics
TSMY:
36.50%
QDTE:
16.93%
TSMY:
-14.02%
QDTE:
-10.74%
TSMY:
-8.04%
QDTE:
0.00%
Returns By Period
In the year-to-date period, TSMY achieves a -0.49% return, which is significantly lower than QDTE's 5.64% return.
TSMY
-0.49%
-3.10%
N/A
N/A
N/A
N/A
QDTE
5.64%
2.79%
13.66%
N/A
N/A
N/A
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TSMY vs. QDTE - Expense Ratio Comparison
TSMY has a 0.99% expense ratio, which is higher than QDTE's 0.95% expense ratio.
Risk-Adjusted Performance
TSMY vs. QDTE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax TSM Option Income Strategy ETF (TSMY) 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
TSMY vs. QDTE - Dividend Comparison
TSMY's dividend yield for the trailing twelve months is around 17.76%, less than QDTE's 36.00% yield.
| TTM | 2024 | |
|---|---|---|
TSMY YieldMax TSM Option Income Strategy ETF | 17.76% | 13.72% |
QDTE Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF | 36.00% | 32.09% |
Drawdowns
TSMY vs. QDTE - Drawdown Comparison
The maximum TSMY drawdown since its inception was -14.02%, which is greater than QDTE's maximum drawdown of -10.74%. Use the drawdown chart below to compare losses from any high point for TSMY and QDTE. For additional features, visit the drawdowns tool.
Volatility
TSMY vs. QDTE - Volatility Comparison
YieldMax TSM Option Income Strategy ETF (TSMY) has a higher volatility of 17.59% compared to Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) at 4.66%. This indicates that TSMY'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.