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

Correlation

The correlation between YMAX and QDTE is 0.82, 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.


-0.50.00.51.0
Correlation: 0.8

Performance

YMAX vs. QDTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Universe Fund of Option Income ETFs (YMAX) and Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%25.00%NovemberDecember2025FebruaryMarchApril
4.82%
2.90%
YMAX
QDTE

Key characteristics

Sharpe Ratio

YMAX:

0.27

QDTE:

0.36

Sortino Ratio

YMAX:

0.54

QDTE:

0.60

Omega Ratio

YMAX:

1.07

QDTE:

1.09

Calmar Ratio

YMAX:

0.28

QDTE:

0.34

Martin Ratio

YMAX:

0.94

QDTE:

1.26

Ulcer Index

YMAX:

7.57%

QDTE:

6.26%

Daily Std Dev

YMAX:

25.84%

QDTE:

21.80%

Max Drawdown

YMAX:

-25.56%

QDTE:

-22.86%

Current Drawdown

YMAX:

-13.34%

QDTE:

-16.36%

Returns By Period

In the year-to-date period, YMAX achieves a -7.33% return, which is significantly higher than QDTE's -11.36% return.


YMAX

YTD

-7.33%

1M

-1.76%

6M

-0.01%

1Y

7.36%

5Y*

N/A

10Y*

N/A

QDTE

YTD

-11.36%

1M

-9.00%

6M

-9.83%

1Y

8.98%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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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.


Expense ratio chart for YMAX: current value is 1.28%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
YMAX: 1.28%
Expense ratio chart for QDTE: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
QDTE: 0.95%

Risk-Adjusted Performance

YMAX vs. QDTE — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

YMAX
The Risk-Adjusted Performance Rank of YMAX is 4040
Overall Rank
The Sharpe Ratio Rank of YMAX is 3939
Sharpe Ratio Rank
The Sortino Ratio Rank of YMAX is 4141
Sortino Ratio Rank
The Omega Ratio Rank of YMAX is 4040
Omega Ratio Rank
The Calmar Ratio Rank of YMAX is 4343
Calmar Ratio Rank
The Martin Ratio Rank of YMAX is 3939
Martin Ratio Rank

QDTE
The Risk-Adjusted Performance Rank of QDTE is 4646
Overall Rank
The Sharpe Ratio Rank of QDTE is 4545
Sharpe Ratio Rank
The Sortino Ratio Rank of QDTE is 4444
Sortino Ratio Rank
The Omega Ratio Rank of QDTE is 4646
Omega Ratio Rank
The Calmar Ratio Rank of QDTE is 4949
Calmar Ratio Rank
The Martin Ratio Rank of QDTE is 4545
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The chart of Sharpe ratio for YMAX, currently valued at 0.27, compared to the broader market-1.000.001.002.003.004.00
YMAX: 0.27
QDTE: 0.36
The chart of Sortino ratio for YMAX, currently valued at 0.54, compared to the broader market-2.000.002.004.006.008.00
YMAX: 0.54
QDTE: 0.60
The chart of Omega ratio for YMAX, currently valued at 1.07, compared to the broader market0.501.001.502.002.50
YMAX: 1.07
QDTE: 1.09
The chart of Calmar ratio for YMAX, currently valued at 0.28, compared to the broader market0.002.004.006.008.0010.0012.00
YMAX: 0.28
QDTE: 0.34
The chart of Martin ratio for YMAX, currently valued at 0.94, compared to the broader market0.0020.0040.0060.00
YMAX: 0.94
QDTE: 1.26

The current YMAX Sharpe Ratio is 0.27, which is comparable to the QDTE Sharpe Ratio of 0.36. The chart below compares the historical Sharpe Ratios of YMAX and QDTE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.40-0.200.000.200.400.600.80Mar 16Mar 23Mar 30Apr 06Apr 13Apr 20
0.27
0.36
YMAX
QDTE

Dividends

YMAX vs. QDTE - Dividend Comparison

YMAX's dividend yield for the trailing twelve months is around 63.39%, more than QDTE's 48.60% yield.


Drawdowns

YMAX vs. QDTE - Drawdown Comparison

The maximum YMAX drawdown since its inception was -25.56%, which is greater than QDTE's maximum drawdown of -22.86%. Use the drawdown chart below to compare losses from any high point for YMAX and QDTE. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-13.34%
-16.36%
YMAX
QDTE

Volatility

YMAX vs. QDTE - Volatility Comparison

YieldMax Universe Fund of Option Income ETFs (YMAX) has a higher volatility of 15.68% compared to Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) at 13.17%. 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%4.00%6.00%8.00%10.00%12.00%14.00%16.00%NovemberDecember2025FebruaryMarchApril
15.68%
13.17%
YMAX
QDTE