YSPY vs. XDTE

Last updated Apr 2, 2026

Compare and contrast key facts about GraniteShares YieldBOOST SPY ETF (YSPY) and Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE).

YSPY and XDTE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YSPY is an actively managed fund by GraniteShares. It was launched on Feb 25, 2025. XDTE is an actively managed fund by Roundhill. It was launched on Mar 7, 2024.

Performance

YSPY vs. XDTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST SPY ETF (YSPY) and Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE). The values are adjusted to include any dividend payments, if applicable.

YSPY vs. XDTE - Yearly Performance Comparison

	2026 (YTD)	2025
YSPY GraniteShares YieldBOOST SPY ETF	-6.65%	9.17%
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF	-2.43%	10.83%

Returns By Period

In the year-to-date period, YSPY achieves a -6.65% return, which is significantly lower than XDTE's -2.43% return.

YSPY

• 1D: 0.52%
• 1M: -11.39%
• YTD: -6.65%
• 6M: -5.59%
• 1Y: 13.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XDTE

• 1D: 1.03%
• 1M: -4.05%
• YTD: -2.43%
• 6M: 0.99%
• 1Y: 13.86%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

YSPY vs. XDTE - Expense Ratio Comparison

YSPY has a 1.07% expense ratio, which is higher than XDTE's 0.97% expense ratio.

YSPY

GraniteShares YieldBOOST SPY ETF

XDTE

Roundhill S&P 500 0DTE Covered Call Strategy ETF

Return for Risk

YSPY vs. XDTE — Risk / Return Rank

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

YSPY

YSPY Risk / Return Rank: 33
YSPY Sharpe Ratio Rank: 30
YSPY Sortino Ratio Rank: 28
YSPY Omega Ratio Rank: 33
YSPY Calmar Ratio Rank: 35
YSPY Martin Ratio Rank: 39

XDTE

XDTE Risk / Return Rank: 45
XDTE Sharpe Ratio Rank: 48
XDTE Sortino Ratio Rank: 41
XDTE Omega Ratio Rank: 48
XDTE Calmar Ratio Rank: 41
XDTE Martin Ratio Rank: 46

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

YSPY vs. XDTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST SPY ETF (YSPY) and Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE). 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.

	YSPY	XDTE	Difference
Sharpe ratio Return per unit of total volatility	0.61	0.90	-0.29
Sortino ratio Return per unit of downside risk	0.87	1.21	-0.34
Omega ratio Gain probability vs. loss probability	1.14	1.19	-0.05
Calmar ratio Return relative to maximum drawdown	0.94	1.12	-0.19
Martin ratio Return relative to average drawdown	3.80	4.60	-0.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

YSPY vs. XDTE - Sharpe Ratio Comparison

The current YSPY Sharpe Ratio is 0.61, which is lower than the XDTE Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of YSPY and XDTE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	YSPY	XDTE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.61	0.90	-0.29
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	0.90	-0.83

Correlation

The correlation between YSPY and XDTE is 0.86, 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.

Dividends

YSPY vs. XDTE - Dividend Comparison

YSPY's dividend yield for the trailing twelve months is around 63.03%, more than XDTE's 38.73% yield.

	TTM	2025	2024
YSPY GraniteShares YieldBOOST SPY ETF	63.03%	45.57%	0.00%
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF	38.73%	39.16%	20.35%

Drawdowns

YSPY vs. XDTE - Drawdown Comparison

The maximum YSPY drawdown since its inception was -18.74%, roughly equal to the maximum XDTE drawdown of -19.09%. Use the drawdown chart below to compare losses from any high point for YSPY and XDTE.

Drawdown Indicators

	YSPY	XDTE	Difference
Max Drawdown Largest peak-to-trough decline	-18.74%	-19.09%	+0.35%
Max Drawdown (1Y) Largest decline over 1 year	-14.60%	-12.87%	-1.73%
Current Drawdown Current decline from peak	-11.93%	-4.87%	-7.06%
Average Drawdown Average peak-to-trough decline	-5.01%	-2.44%	-2.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.60%	3.14%	+0.46%

Volatility

YSPY vs. XDTE - Volatility Comparison

GraniteShares YieldBOOST SPY ETF (YSPY) has a higher volatility of 7.90% compared to Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) at 4.77%. This indicates that YSPY's price experiences larger fluctuations and is considered to be riskier than XDTE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YSPY	XDTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.90%	4.77%	+3.13%
Volatility (6M) Calculated over the trailing 6-month period	16.86%	8.90%	+7.96%
Volatility (1Y) Calculated over the trailing 1-year period	21.81%	15.42%	+6.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.59%	14.07%	+8.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.59%	14.07%	+8.52%