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

Performance

YBTC vs. QQQY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Bitcoin Covered Call Strategy ETF (YBTC) and Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%JuneJulyAugustSeptemberOctoberNovember
15.56%
5.28%
YBTC
QQQY

Returns By Period


YBTC

YTD

N/A

1M

15.91%

6M

16.52%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

QQQY

YTD

10.66%

1M

-0.54%

6M

5.56%

1Y

17.05%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


YBTCQQQY
Daily Std Dev43.77%11.86%
Max Drawdown-23.17%-10.07%
Current Drawdown0.00%-2.25%

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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%

Correlation

-0.50.00.51.00.3

The correlation between YBTC and QQQY is 0.30, 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.

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.


Sharpe ratio
No data
YBTC
QQQY

Chart placeholderNot enough data

Dividends

YBTC vs. QQQY - Dividend Comparison

YBTC's dividend yield for the trailing twelve months is around 36.39%, less than QQQY's 86.90% yield.


TTM2023
YBTC
Roundhill Bitcoin Covered Call Strategy ETF
36.39%0.00%
QQQY
Defiance Nasdaq 100 Enhanced Options Income ETF
86.90%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%JuneJulyAugustSeptemberOctoberNovember0
-2.25%
YBTC
QQQY

Volatility

YBTC vs. QQQY - Volatility Comparison

Roundhill Bitcoin Covered Call Strategy ETF (YBTC) has a higher volatility of 12.77% compared to Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) at 4.33%. 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
12.77%
4.33%
YBTC
QQQY