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

Performance

YBTC vs. YBIT - Performance Comparison

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

-20.00%-10.00%0.00%10.00%20.00%JuneJulyAugustSeptemberOctoberNovember
22.98%
10.78%
YBTC
YBIT

Returns By Period


YBTC

YTD

N/A

1M

23.16%

6M

22.98%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

YBIT

YTD

N/A

1M

24.01%

6M

10.77%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


YBTCYBIT
Daily Std Dev43.55%43.33%
Max Drawdown-23.17%-29.01%
Current Drawdown0.00%0.00%

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YBTC vs. YBIT - Expense Ratio Comparison

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


YBIT
YieldMax Bitcoin Option Income Strategy ETF
Expense ratio chart for YBIT: 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

-0.50.00.51.00.7

The correlation between YBTC and YBIT is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

YBTC vs. YBIT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Bitcoin Covered Call Strategy ETF (YBTC) and YieldMax Bitcoin Option Income Strategy ETF (YBIT). 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
YBIT

Chart placeholderNot enough data

Dividends

YBTC vs. YBIT - Dividend Comparison

YBTC's dividend yield for the trailing twelve months is around 34.85%, which matches YBIT's 34.80% yield.


TTM
YBTC
Roundhill Bitcoin Covered Call Strategy ETF
34.85%
YBIT
YieldMax Bitcoin Option Income Strategy ETF
34.80%

Drawdowns

YBTC vs. YBIT - Drawdown Comparison

The maximum YBTC drawdown since its inception was -23.17%, smaller than the maximum YBIT drawdown of -29.01%. Use the drawdown chart below to compare losses from any high point for YBTC and YBIT. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember00
YBTC
YBIT

Volatility

YBTC vs. YBIT - Volatility Comparison

The current volatility for Roundhill Bitcoin Covered Call Strategy ETF (YBTC) is 12.62%, while YieldMax Bitcoin Option Income Strategy ETF (YBIT) has a volatility of 15.33%. This indicates that YBTC experiences smaller price fluctuations and is considered to be less risky than YBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
12.62%
15.33%
YBTC
YBIT