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YBTC vs. QQQY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


YBTCQQQY
Daily Std Dev44.03%11.61%
Max Drawdown-23.17%-10.07%
Current Drawdown-0.16%0.00%

Correlation

-0.50.00.51.00.3

The correlation between YBTC and QQQY is 0.31, 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. QQQY - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%JuneJulyAugustSeptemberOctoberNovember
21.84%
9.99%
YBTC
QQQY

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


YBTC vs. QQQY - Expense Ratio Comparison

YBTC has a 0.95% expense ratio, which is lower than QQQY's 0.99% expense ratio.


QQQY
Defiance Nasdaq 100 Enhanced Options Income ETF
Expense ratio chart for QQQY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for YBTC: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

YBTC vs. QQQY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Bitcoin Covered Call Strategy ETF (YBTC) and Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY). 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.


YBTC
Sharpe ratio
No data
QQQY
Sharpe ratio
The chart of Sharpe ratio for QQQY, currently valued at 1.83, compared to the broader market-2.000.002.004.001.83
Sortino ratio
The chart of Sortino ratio for QQQY, currently valued at 2.13, compared to the broader market0.005.0010.002.13
Omega ratio
The chart of Omega ratio for QQQY, currently valued at 1.32, compared to the broader market1.001.502.002.503.001.32
Calmar ratio
The chart of Calmar ratio for QQQY, currently valued at 2.10, compared to the broader market0.005.0010.0015.002.10
Martin ratio
The chart of Martin ratio for QQQY, currently valued at 7.51, compared to the broader market0.0020.0040.0060.0080.00100.007.51

YBTC vs. QQQY - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

YBTC vs. QQQY - Dividend Comparison

YBTC's dividend yield for the trailing twelve months is around 38.34%, less than QQQY's 83.28% yield.


TTM2023
YBTC
Roundhill Bitcoin Covered Call Strategy ETF
38.34%0.00%
QQQY
Defiance Nasdaq 100 Enhanced Options Income ETF
83.28%20.64%

Drawdowns

YBTC vs. QQQY - Drawdown Comparison

The maximum YBTC drawdown since its inception was -23.17%, which is greater than QQQY's maximum drawdown of -10.07%. Use the drawdown chart below to compare losses from any high point for YBTC and QQQY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.16%
0
YBTC
QQQY

Volatility

YBTC vs. QQQY - Volatility Comparison

Roundhill Bitcoin Covered Call Strategy ETF (YBTC) has a higher volatility of 12.73% compared to Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) at 3.76%. This indicates that YBTC's price experiences larger fluctuations and is considered to be riskier than QQQY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
12.73%
3.76%
YBTC
QQQY