XDTE vs. QDTE
Compare and contrast key facts about Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) and Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE).
XDTE and QDTE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XDTE is an actively managed fund by Roundhill. It was launched on Mar 6, 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: XDTE or QDTE.
Correlation
The correlation between XDTE and QDTE is 0.91, 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
XDTE vs. QDTE - Performance Comparison
Key characteristics
XDTE:
11.92%
QDTE:
16.93%
XDTE:
-6.90%
QDTE:
-10.74%
XDTE:
-2.91%
QDTE:
-3.91%
Returns By Period
XDTE
N/A
-0.37%
11.06%
N/A
N/A
N/A
QDTE
N/A
1.15%
10.38%
N/A
N/A
N/A
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XDTE vs. QDTE - Expense Ratio Comparison
Both XDTE and QDTE have an expense ratio of 0.95%.
Risk-Adjusted Performance
XDTE vs. QDTE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) 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.
Dividends
XDTE vs. QDTE - Dividend Comparison
XDTE's dividend yield for the trailing twelve months is around 18.76%, less than QDTE's 29.19% yield.
Drawdowns
XDTE vs. QDTE - Drawdown Comparison
The maximum XDTE drawdown since its inception was -6.90%, smaller than the maximum QDTE drawdown of -10.74%. Use the drawdown chart below to compare losses from any high point for XDTE and QDTE. For additional features, visit the drawdowns tool.
Volatility
XDTE vs. QDTE - Volatility Comparison
The current volatility for Roundhill ETF Trust - Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) is 3.47%, while Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) has a volatility of 4.52%. This indicates that XDTE 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.