YQQQ vs. QDTE
Compare and contrast key facts about YieldMax Short N100 Option Income Strategy ETF (YQQQ) and Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE).
YQQQ and QDTE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YQQQ is an actively managed fund by YieldMax. It was launched on Aug 14, 2024. QDTE is an actively managed fund by Roundhill. It was launched on Mar 6, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: YQQQ or QDTE.
Correlation
The correlation between YQQQ and QDTE is -0.92. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
YQQQ vs. QDTE - Performance Comparison
Key characteristics
YQQQ:
20.06%
QDTE:
21.40%
YQQQ:
-11.11%
QDTE:
-21.34%
YQQQ:
-4.05%
QDTE:
-20.89%
Returns By Period
In the year-to-date period, YQQQ achieves a 9.49% return, which is significantly higher than QDTE's -16.16% return.
YQQQ
9.49%
1.58%
8.13%
N/A
N/A
N/A
QDTE
-16.16%
-11.35%
-13.95%
1.66%
N/A
N/A
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YQQQ vs. QDTE - Expense Ratio Comparison
YQQQ has a 0.99% expense ratio, which is higher than QDTE's 0.95% expense ratio.
Risk-Adjusted Performance
YQQQ vs. QDTE — Risk-Adjusted Performance Rank
YQQQ
QDTE
YQQQ vs. QDTE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Short N100 Option Income Strategy ETF (YQQQ) 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.
Not enough dataDividends
YQQQ vs. QDTE - Dividend Comparison
YQQQ's dividend yield for the trailing twelve months is around 16.60%, less than QDTE's 51.29% yield.
| TTM | 2024 | |
|---|---|---|
YQQQ YieldMax Short N100 Option Income Strategy ETF | 16.60% | 7.88% |
QDTE Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF | 51.29% | 32.10% |
Drawdowns
YQQQ vs. QDTE - Drawdown Comparison
The maximum YQQQ drawdown since its inception was -11.11%, smaller than the maximum QDTE drawdown of -21.34%. Use the drawdown chart below to compare losses from any high point for YQQQ and QDTE. For additional features, visit the drawdowns tool.
Volatility
YQQQ vs. QDTE - Volatility Comparison
YieldMax Short N100 Option Income Strategy ETF (YQQQ) and Roundhill ETF Trust - Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) have volatilities of 12.45% and 12.33%, 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.