YBIT vs. YBTC
Compare and contrast key facts about YieldMax Bitcoin Option Income Strategy ETF (YBIT) and Roundhill Bitcoin Covered Call Strategy ETF (YBTC).
YBIT and YBTC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YBIT is an actively managed fund by YieldMax. It was launched on Apr 22, 2024. YBTC is an actively managed fund by Roundhill. It was launched on Jan 17, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: YBIT or YBTC.
Correlation
The correlation between YBIT and YBTC is 0.44, 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
YBIT vs. YBTC - Performance Comparison
Key characteristics
YBIT:
0.41
YBTC:
1.01
YBIT:
1.05
YBTC:
1.12
YBIT:
13.75%
YBTC:
10.91%
YBIT:
42.12%
YBTC:
45.09%
YBIT:
-29.01%
YBTC:
-23.39%
YBIT:
-6.73%
YBTC:
-10.21%
Returns By Period
In the year-to-date period, YBIT achieves a 3.89% return, which is significantly higher than YBTC's 0.87% return.
YBIT
3.89%
9.27%
18.15%
6.58%
N/A
N/A
YBTC
0.87%
7.02%
23.67%
24.99%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
YBIT vs. YBTC - Expense Ratio Comparison
YBIT has a 0.99% expense ratio, which is higher than YBTC's 0.95% expense ratio.
Risk-Adjusted Performance
YBIT vs. YBTC — Risk-Adjusted Performance Rank
YBIT
YBTC
YBIT vs. YBTC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Bitcoin Option Income Strategy ETF (YBIT) and Roundhill Bitcoin Covered Call Strategy ETF (YBTC). 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
YBIT vs. YBTC - Dividend Comparison
YBIT's dividend yield for the trailing twelve months is around 90.49%, more than YBTC's 52.49% yield.
| TTM | 2024 | |
|---|---|---|
YBIT YieldMax Bitcoin Option Income Strategy ETF | 90.49% | 60.01% |
YBTC Roundhill Bitcoin Covered Call Strategy ETF | 52.49% | 44.53% |
Drawdowns
YBIT vs. YBTC - Drawdown Comparison
The maximum YBIT drawdown since its inception was -29.01%, which is greater than YBTC's maximum drawdown of -23.39%. Use the drawdown chart below to compare losses from any high point for YBIT and YBTC. For additional features, visit the drawdowns tool.
Volatility
YBIT vs. YBTC - Volatility Comparison
YieldMax Bitcoin Option Income Strategy ETF (YBIT) and Roundhill Bitcoin Covered Call Strategy ETF (YBTC) have volatilities of 12.48% and 12.87%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.