YBTC vs. QDTE
Compare and contrast key facts about Roundhill Bitcoin Covered Call Strategy ETF (YBTC) and Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE).
YBTC and QDTE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YBTC is an actively managed fund by Roundhill. It was launched on Jan 17, 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: YBTC or QDTE.
Correlation
The correlation between YBTC and QDTE is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
YBTC vs. QDTE - Performance Comparison
Key characteristics
YBTC:
0.52
QDTE:
0.36
YBTC:
1.00
QDTE:
0.59
YBTC:
1.12
QDTE:
1.09
YBTC:
1.00
QDTE:
0.34
YBTC:
2.15
QDTE:
1.26
YBTC:
10.93%
QDTE:
6.18%
YBTC:
45.17%
QDTE:
21.76%
YBTC:
-23.39%
QDTE:
-22.86%
YBTC:
-10.95%
QDTE:
-17.49%
Returns By Period
In the year-to-date period, YBTC achieves a 0.04% return, which is significantly higher than QDTE's -12.55% return.
YBTC
0.04%
5.15%
18.08%
25.23%
N/A
N/A
QDTE
-12.55%
-11.79%
-10.48%
5.91%
N/A
N/A
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YBTC vs. QDTE - Expense Ratio Comparison
Both YBTC and QDTE have an expense ratio of 0.95%.
Risk-Adjusted Performance
YBTC vs. QDTE — Risk-Adjusted Performance Rank
YBTC
QDTE
YBTC vs. QDTE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Bitcoin Covered Call Strategy ETF (YBTC) 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
YBTC vs. QDTE - Dividend Comparison
YBTC's dividend yield for the trailing twelve months is around 51.34%, more than QDTE's 49.26% yield.
| TTM | 2024 | |
|---|---|---|
YBTC Roundhill Bitcoin Covered Call Strategy ETF | 51.34% | 44.53% |
QDTE Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF | 49.26% | 32.10% |
Drawdowns
YBTC vs. QDTE - Drawdown Comparison
The maximum YBTC drawdown since its inception was -23.39%, roughly equal to the maximum QDTE drawdown of -22.86%. Use the drawdown chart below to compare losses from any high point for YBTC and QDTE. For additional features, visit the drawdowns tool.
Volatility
YBTC vs. QDTE - Volatility Comparison
Roundhill Bitcoin Covered Call Strategy ETF (YBTC) and Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) have volatilities of 12.98% and 13.09%, 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.