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

Performance

YBTC vs. QYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Bitcoin Covered Call Strategy ETF (YBTC) and Global X NASDAQ 100 Covered Call ETF (QYLD). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%JuneJulyAugustSeptemberOctoberNovember
15.56%
7.91%
YBTC
QYLD

Returns By Period


YBTC

YTD

N/A

1M

15.91%

6M

16.52%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

QYLD

YTD

14.56%

1M

-0.86%

6M

7.98%

1Y

18.47%

5Y (annualized)

6.91%

10Y (annualized)

8.27%

Key characteristics


YBTCQYLD
Daily Std Dev43.77%10.38%
Max Drawdown-23.17%-24.89%
Current Drawdown0.00%-3.02%

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YBTC vs. QYLD - Expense Ratio Comparison

YBTC has a 0.95% expense ratio, which is higher than QYLD's 0.60% expense ratio.


YBTC
Roundhill Bitcoin Covered Call Strategy ETF
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%
Expense ratio chart for QYLD: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%

Correlation

-0.50.00.51.00.3

The correlation between YBTC and QYLD is 0.29, 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. QYLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Bitcoin Covered Call Strategy ETF (YBTC) and Global X NASDAQ 100 Covered Call ETF (QYLD). 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
QYLD

Chart placeholderNot enough data

Dividends

YBTC vs. QYLD - Dividend Comparison

YBTC's dividend yield for the trailing twelve months is around 36.39%, more than QYLD's 11.59% yield.


TTM2023202220212020201920182017201620152014
YBTC
Roundhill Bitcoin Covered Call Strategy ETF
36.39%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QYLD
Global X NASDAQ 100 Covered Call ETF
10.70%11.78%13.75%12.85%11.16%9.84%12.44%7.69%9.15%9.42%10.74%

Drawdowns

YBTC vs. QYLD - Drawdown Comparison

The maximum YBTC drawdown since its inception was -23.17%, smaller than the maximum QYLD drawdown of -24.89%. Use the drawdown chart below to compare losses from any high point for YBTC and QYLD. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-3.02%
YBTC
QYLD

Volatility

YBTC vs. QYLD - Volatility Comparison

Roundhill Bitcoin Covered Call Strategy ETF (YBTC) has a higher volatility of 12.77% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 3.53%. This indicates that YBTC's price experiences larger fluctuations and is considered to be riskier than QYLD 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%
3.53%
YBTC
QYLD