VTI vs. XDTE

Last updated Jun 9, 2026

VTI (Vanguard Total Stock Market ETF) and XDTE (Roundhill S&P 500 0DTE Covered Call Strategy ETF) are both exchange-traded funds - VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index, while XDTE is a Derivative Income fund actively managed by Roundhill. VTI is passively managed, while XDTE is actively managed. Over the past year, VTI returned 24.96% vs 22.20% for XDTE. With a 0.96 correlation, they move nearly in lockstep. VTI charges 0.03%/yr vs 0.97%/yr for XDTE.

Performance

VTI vs. XDTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total Stock Market ETF (VTI) and Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VTI achieves a 9.05% return, which is significantly higher than XDTE's 6.69% return.

VTI

• 1D: 0.30%
• 1M: 0.44%
• YTD: 9.05%
• 6M: 8.94%
• 1Y: 24.96%
• 3Y*: 21.05%
• 5Y*: 12.25%
• 10Y*: 14.84%

XDTE

• 1D: 0.31%
• 1M: -0.27%
• YTD: 6.69%
• 6M: 6.52%
• 1Y: 22.20%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

VTI vs. XDTE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
VTI Vanguard Total Stock Market ETF	9.05%	17.10%	15.89%
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF	6.69%	12.60%	17.12%

Correlation

The correlation between VTI and XDTE is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (All Time) Calculated using the full available price history since Mar 7, 2024	0.96

The correlation between VTI and XDTE has been stable across timeframes, ranging from 0.96 to 0.96 - a consistent structural relationship.

VTI vs. XDTE - Sectors Allocation Comparison

Sectors	VTI	XDTE
Technology	33.5%	35.6%
Financial Services	12.0%	11.8%
Communication Services	10.3%	11.2%
Consumer Cyclical	10.0%	10.1%
Industrials	9.8%	8.3%
Healthcare	9.2%	8.5%
Consumer Defensive	4.7%	4.9%
Energy	3.7%	3.5%
Real Estate	2.4%	1.9%
Utilities	2.3%	2.4%
Basic Materials	2.0%	1.8%

Return for Risk

VTI vs. XDTE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VTI

VTI Risk / Return Rank: 68
VTI Sharpe Ratio Rank: 68
VTI Sortino Ratio Rank: 66
VTI Omega Ratio Rank: 68
VTI Calmar Ratio Rank: 62
VTI Martin Ratio Rank: 75

XDTE

XDTE Risk / Return Rank: 68
XDTE Sharpe Ratio Rank: 67
XDTE Sortino Ratio Rank: 63
XDTE Omega Ratio Rank: 68
XDTE Calmar Ratio Rank: 64
XDTE Martin Ratio Rank: 76

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VTI vs. XDTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Stock Market ETF (VTI) and 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.

	VTI	XDTE	Difference
Sharpe ratio: Return per unit of total volatility	2.02	1.99	+0.03
Sortino ratio: Return per unit of downside risk	2.73	2.64	+0.09
Omega ratio: Gain probability vs. loss probability	1.36	1.37	0.00
Calmar ratio: Return relative to maximum drawdown	2.81	2.90	-0.09
Martin ratio: Return relative to average drawdown	12.85	13.13	-0.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VTI vs. XDTE - Sharpe Ratio Comparison

The current VTI Sharpe Ratio is 2.02, which is comparable to the XDTE Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of VTI and XDTE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VTI	XDTE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.02	1.99	+0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.81	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	1.16	-0.66

Drawdowns

VTI vs. XDTE - Drawdown Comparison

The maximum VTI drawdown since its inception was -55.45%, which is greater than XDTE's maximum drawdown of -19.09%. Use the drawdown chart below to compare losses from any high point for VTI and XDTE.

Drawdown Indicators

	VTI	XDTE	Difference
Max Drawdown Largest peak-to-trough decline	-55.45%	-19.09%	-36.36%
Max Drawdown (1Y) Largest decline over 1 year	-8.92%	-7.68%	-1.24%
Max Drawdown (3Y) Largest decline over 3 years	-19.30%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.36%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.00%	—	—
Current Drawdown Current decline from peak	-2.64%	-2.61%	-0.03%
Average Drawdown Average peak-to-trough decline	-8.02%	-2.31%	-5.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.95%	1.69%	+0.26%

Volatility

VTI vs. XDTE - Volatility Comparison

Vanguard Total Stock Market ETF (VTI) has a higher volatility of 3.88% compared to Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) at 3.50%. This indicates that VTI'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.

Volatility by Period

	VTI	XDTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.88%	3.50%	+0.38%
Volatility (6M) Calculated over the trailing 6-month period	9.55%	8.68%	+0.87%
Volatility (1Y) Calculated over the trailing 1-year period	12.44%	11.25%	+1.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.44%	13.92%	+3.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.33%	13.92%	+4.41%

VTI vs. XDTE - Expense Ratio Comparison

VTI has a 0.03% expense ratio, which is lower than XDTE's 0.97% expense ratio.

Dividends

VTI vs. XDTE - Dividend Comparison

VTI's dividend yield for the trailing twelve months is around 1.03%, less than XDTE's 33.68% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VTI Vanguard Total Stock Market ETF	1.03%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF	33.68%	39.16%	20.35%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VTI and XDTE in my portfolio?

With a correlation of 0.96, VTI and XDTE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, VTI or XDTE?

VTI has higher volatility (3.88%) compared to XDTE (3.50%). In terms of maximum drawdown, VTI dropped -55.45% vs XDTE's -19.09%.

Which ETF is better, VTI or XDTE?

On 1-year performance, VTI leads with 24.96% vs 22.20% for XDTE. On fees, VTI is cheaper at 0.03% per year. On volatility, XDTE has been the lower-risk option at 3.50%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VTI or XDTE?

Over the 1-year period, VTI has performed better with a 24.96% return vs 22.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VTI or XDTE?

VTI is cheaper with a 0.03% expense ratio, compared with 0.97% for XDTE.

Which ETF pays a higher dividend yield, VTI or XDTE?

XDTE has the higher dividend yield at 33.68%, compared with 1.03% for VTI.

What is the main difference between VTI and XDTE?

VTI is categorized as Large Cap Blend Equities, while XDTE is Derivative Income. They also come from different issuers: Vanguard and Roundhill. Their fees differ too: 0.03% for VTI and 0.97% for XDTE.

Which has better risk-adjusted returns?

VTI currently has the higher Sharpe Ratio (2.02 vs 1.99), 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.