YETH vs. PLTY
Compare and contrast key facts about Roundhill Ether Covered Call Strategy ETF (YETH) and YieldMax PLTR Option Income Strategy ETF (PLTY).
YETH and PLTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YETH is an actively managed fund by Roundhill. It was launched on Sep 4, 2024. PLTY is an actively managed fund by YieldMax. It was launched on Oct 7, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: YETH or PLTY.
Correlation
The correlation between YETH and PLTY is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
YETH vs. PLTY - Performance Comparison
Key characteristics
YETH:
56.23%
PLTY:
68.24%
YETH:
-53.07%
PLTY:
-36.61%
YETH:
-46.71%
PLTY:
-23.46%
Returns By Period
In the year-to-date period, YETH achieves a -40.77% return, which is significantly lower than PLTY's 13.12% return.
YETH
-40.77%
-14.39%
-31.76%
N/A
N/A
N/A
PLTY
13.12%
-3.76%
67.09%
N/A
N/A
N/A
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YETH vs. PLTY - Expense Ratio Comparison
YETH has a 0.95% expense ratio, which is lower than PLTY's 0.99% expense ratio.
Risk-Adjusted Performance
YETH vs. PLTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Ether Covered Call Strategy ETF (YETH) and YieldMax PLTR Option Income Strategy ETF (PLTY). 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.
Not enough dataDividends
YETH vs. PLTY - Dividend Comparison
YETH's dividend yield for the trailing twelve months is around 69.20%, more than PLTY's 38.15% yield.
| TTM | 2024 | |
|---|---|---|
YETH Roundhill Ether Covered Call Strategy ETF | 69.20% | 20.52% |
PLTY YieldMax PLTR Option Income Strategy ETF | 38.15% | 7.85% |
Drawdowns
YETH vs. PLTY - Drawdown Comparison
The maximum YETH drawdown since its inception was -53.07%, which is greater than PLTY's maximum drawdown of -36.61%. Use the drawdown chart below to compare losses from any high point for YETH and PLTY. For additional features, visit the drawdowns tool.
Volatility
YETH vs. PLTY - Volatility Comparison
Roundhill Ether Covered Call Strategy ETF (YETH) and YieldMax PLTR Option Income Strategy ETF (PLTY) have volatilities of 23.24% and 22.18%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.