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YMAX vs. QDTE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


YMAXQDTE
Daily Std Dev18.22%17.12%
Max Drawdown-12.78%-10.74%
Current Drawdown-0.99%0.00%

Correlation

-0.50.00.51.00.8

The correlation between YMAX and QDTE is 0.81, 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.

Performance

YMAX vs. QDTE - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
8.61%
17.07%
YMAX
QDTE

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YMAX vs. QDTE - Expense Ratio Comparison

YMAX has a 1.28% expense ratio, which is higher than QDTE's 0.95% expense ratio.


YMAX
YieldMax Universe Fund of Option Income ETFs
Expense ratio chart for YMAX: current value at 1.28% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.28%
Expense ratio chart for QDTE: 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%

Risk-Adjusted Performance

YMAX vs. QDTE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Universe Fund of Option Income ETFs (YMAX) and Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE). 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.


YMAX
Sharpe ratio
No data

YMAX vs. QDTE - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

YMAX vs. QDTE - Dividend Comparison

YMAX's dividend yield for the trailing twelve months is around 33.71%, more than QDTE's 23.00% yield.


TTM
YMAX
YieldMax Universe Fund of Option Income ETFs
33.71%
QDTE
Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF
23.00%

Drawdowns

YMAX vs. QDTE - Drawdown Comparison

The maximum YMAX drawdown since its inception was -12.78%, which is greater than QDTE's maximum drawdown of -10.74%. Use the drawdown chart below to compare losses from any high point for YMAX and QDTE. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.99%
0
YMAX
QDTE

Volatility

YMAX vs. QDTE - Volatility Comparison

YieldMax Universe Fund of Option Income ETFs (YMAX) has a higher volatility of 5.57% compared to Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) at 4.61%. This indicates that YMAX's price experiences larger fluctuations and is considered to be riskier than QDTE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%9.00%JuneJulyAugustSeptemberOctoberNovember
5.57%
4.61%
YMAX
QDTE