USPX vs. XDTE
Compare and contrast key facts about Franklin U.S. Equity Index ETF (USPX) and Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE).
USPX and XDTE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. USPX is a passively managed fund by Franklin that tracks the performance of the Morningstar US Target Market Exposure Index. It was launched on Jun 1, 2016. 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: USPX or XDTE.
Correlation
The correlation between USPX and XDTE is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
USPX vs. XDTE - Performance Comparison
Key characteristics
USPX:
0.54
XDTE:
0.38
USPX:
0.90
XDTE:
0.58
USPX:
1.13
XDTE:
1.09
USPX:
0.56
XDTE:
0.33
USPX:
2.20
XDTE:
1.15
USPX:
4.90%
XDTE:
5.39%
USPX:
19.85%
XDTE:
16.33%
USPX:
-31.21%
XDTE:
-19.09%
USPX:
-7.74%
XDTE:
-12.01%
Returns By Period
In the year-to-date period, USPX achieves a -3.35% return, which is significantly higher than XDTE's -8.21% return.
USPX
-3.35%
14.19%
-4.63%
10.61%
13.45%
N/A
XDTE
-8.21%
7.26%
-9.78%
6.11%
N/A
N/A
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USPX vs. XDTE - Expense Ratio Comparison
USPX has a 0.03% expense ratio, which is lower than XDTE's 0.95% expense ratio.
Risk-Adjusted Performance
USPX vs. XDTE — Risk-Adjusted Performance Rank
USPX
XDTE
USPX vs. XDTE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin U.S. Equity Index ETF (USPX) 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.
Dividends
USPX vs. XDTE - Dividend Comparison
USPX's dividend yield for the trailing twelve months is around 1.30%, less than XDTE's 31.60% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
USPX Franklin U.S. Equity Index ETF | 1.30% | 1.23% | 1.35% | 2.21% | 2.40% | 2.50% | 3.07% | 2.90% | 2.60% | 2.44% |
XDTE Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call Strategy ETF | 31.60% | 20.35% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
USPX vs. XDTE - Drawdown Comparison
The maximum USPX drawdown since its inception was -31.21%, which is greater than XDTE's maximum drawdown of -19.09%. Use the drawdown chart below to compare losses from any high point for USPX and XDTE. For additional features, visit the drawdowns tool.
Volatility
USPX vs. XDTE - Volatility Comparison
Franklin U.S. Equity Index ETF (USPX) has a higher volatility of 11.55% compared to Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) at 7.49%. This indicates that USPX'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.