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

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%JuneJulyAugustSeptemberOctoberNovember
9.61%
13.95%
YMAX
QDTE

Returns By Period


YMAX

YTD

N/A

1M

7.80%

6M

11.37%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

QDTE

YTD

N/A

1M

1.70%

6M

14.51%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


YMAXQDTE
Daily Std Dev18.20%17.08%
Max Drawdown-12.78%-10.74%
Current Drawdown-0.49%-2.18%

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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%

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.

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.


Sharpe ratio
No data
YMAX
QDTE

Chart placeholderNot enough data

Dividends

YMAX vs. QDTE - Dividend Comparison

YMAX's dividend yield for the trailing twelve months is around 34.19%, more than QDTE's 24.24% yield.


TTM
YMAX
YieldMax Universe Fund of Option Income ETFs
34.19%
QDTE
Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF
24.24%

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
-0.49%
-2.18%
YMAX
QDTE

Volatility

YMAX vs. QDTE - Volatility Comparison

YieldMax Universe Fund of Option Income ETFs (YMAX) has a higher volatility of 5.73% compared to Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) at 5.03%. 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
5.73%
5.03%
YMAX
QDTE