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

Performance

YBTC vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Bitcoin Covered Call Strategy ETF (YBTC) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%JuneJulyAugustSeptemberOctoberNovember
20.60%
12.98%
YBTC
SPY

Returns By Period


YBTC

YTD

N/A

1M

19.41%

6M

19.23%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

SPY

YTD

25.41%

1M

1.18%

6M

12.15%

1Y

32.04%

5Y (annualized)

15.51%

10Y (annualized)

13.07%

Key characteristics


YBTCSPY
Daily Std Dev43.61%12.14%
Max Drawdown-23.17%-55.19%
Current Drawdown0.00%-1.38%

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YBTC vs. SPY - Expense Ratio Comparison

YBTC has a 0.95% expense ratio, which is higher than SPY's 0.09% 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 SPY: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Correlation

-0.50.00.51.00.4

The correlation between YBTC and SPY is 0.37, 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. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Bitcoin Covered Call Strategy ETF (YBTC) and SPDR S&P 500 ETF (SPY). 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
SPY

Chart placeholderNot enough data

Dividends

YBTC vs. SPY - Dividend Comparison

YBTC's dividend yield for the trailing twelve months is around 35.54%, more than SPY's 1.19% yield.


TTM20232022202120202019201820172016201520142013
YBTC
Roundhill Bitcoin Covered Call Strategy ETF
35.54%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
1.19%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

YBTC vs. SPY - Drawdown Comparison

The maximum YBTC drawdown since its inception was -23.17%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for YBTC and SPY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-1.38%
YBTC
SPY

Volatility

YBTC vs. SPY - Volatility Comparison

Roundhill Bitcoin Covered Call Strategy ETF (YBTC) has a higher volatility of 12.61% compared to SPDR S&P 500 ETF (SPY) at 4.09%. This indicates that YBTC's price experiences larger fluctuations and is considered to be riskier than SPY 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
12.61%
4.09%
YBTC
SPY