XDTE vs. T

Last updated Jun 9, 2026

XDTE (Roundhill S&P 500 0DTE Covered Call Strategy ETF) is Derivative Income fund actively managed by Roundhill, while T (AT&T Inc.) is a stock. Over the past year, XDTE returned 22.20% vs -16.38% for T. At a correlation of -0.04, they often move in opposite directions.

Performance

XDTE vs. T - Performance Comparison

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

Returns By Period

In the year-to-date period, XDTE achieves a 6.69% return, which is significantly higher than T's -7.40% return.

XDTE

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

T

• 1D: -1.10%
• 1M: -10.57%
• YTD: -7.40%
• 6M: -7.40%
• 1Y: -16.38%
• 3Y*: 18.39%
• 5Y*: 6.60%
• 10Y*: 2.86%

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

XDTE vs. T - Yearly Performance Comparison

	2026 (YTD)	2025	2024
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF	6.69%	12.60%	17.12%
T AT&T Inc.	-7.40%	13.97%	38.48%

Correlation

The correlation between XDTE and T is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.12
Correlation (All Time) Calculated using the full available price history since Mar 7, 2024	-0.04

Return for Risk

XDTE vs. T — Risk / Return Rank

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

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

T

T Risk / Return Rank: 11
T Sharpe Ratio Rank: 11
T Sortino Ratio Rank: 12
T Omega Ratio Rank: 13
T Calmar Ratio Rank: 14
T Martin Ratio Rank: 4

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.

XDTE vs. T - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) and AT&T Inc. (T). 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.

	XDTE	T	Difference
Sharpe ratio: Return per unit of total volatility	1.99	-0.75	+2.74
Sortino ratio: Return per unit of downside risk	2.64	-0.98	+3.61
Omega ratio: Gain probability vs. loss probability	1.37	0.89	+0.48
Calmar ratio: Return relative to maximum drawdown	2.90	-0.75	+3.65
Martin ratio: Return relative to average drawdown	13.13	-1.59	+14.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XDTE vs. T - Sharpe Ratio Comparison

The current XDTE Sharpe Ratio is 1.99, which is higher than the T Sharpe Ratio of -0.75. The chart below compares the historical Sharpe Ratios of XDTE and T, 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

	XDTE	T	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.99	-0.75	+2.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.28	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.12	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.16	0.38	+0.79

Drawdowns

XDTE vs. T - Drawdown Comparison

The maximum XDTE drawdown since its inception was -19.09%, smaller than the maximum T drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for XDTE and T.

Drawdown Indicators

	XDTE	T	Difference
Max Drawdown Largest peak-to-trough decline	-19.09%	-64.15%	+45.06%
Max Drawdown (1Y) Largest decline over 1 year	-7.68%	-21.87%	+14.19%
Max Drawdown (3Y) Largest decline over 3 years	—	-21.87%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.01%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.35%	—
Current Drawdown Current decline from peak	-2.61%	-21.87%	+19.26%
Average Drawdown Average peak-to-trough decline	-2.31%	-15.72%	+13.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.69%	10.34%	-8.65%

Volatility

XDTE vs. T - Volatility Comparison

The current volatility for Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) is 3.50%, while AT&T Inc. (T) has a volatility of 7.50%. This indicates that XDTE experiences smaller price fluctuations and is considered to be less risky than T based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XDTE	T	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.50%	7.50%	-4.00%
Volatility (6M) Calculated over the trailing 6-month period	8.68%	17.57%	-8.89%
Volatility (1Y) Calculated over the trailing 1-year period	11.25%	21.98%	-10.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.92%	23.97%	-10.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.92%	23.71%	-9.79%

Dividends

XDTE vs. T - Dividend Comparison

XDTE's dividend yield for the trailing twelve months is around 33.68%, more than T's 4.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
T AT&T Inc.	4.93%	4.47%	4.87%	6.62%	6.66%	8.46%	7.23%	5.22%	7.01%	5.04%	4.51%	5.46%
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 XDTE and T in my portfolio?

XDTE and T have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XDTE or T?

T has higher volatility (7.50%) compared to XDTE (3.50%). In terms of maximum drawdown, XDTE dropped -19.09% vs T's -64.15%.

Which has better risk-adjusted returns?

XDTE currently has the higher Sharpe Ratio (1.99 vs -0.75), 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.