QDTE vs VYM
Roundhill Innovation-100 0DTE Covered Call Strategy ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | QDTE | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.97% | 0.04% | |
| AUM | $907M | $79.0B | |
| Dividend Yield | 44.78% | 2.86% | |
| Holdings | 8 | 568 | |
| YTD Return | +3.78% | +15.80% | |
| 1Y Return | +14.38% | +26.12% | |
| 3Y Return (annualized) | - | +18.25% | |
| 5Y Return (annualized) | - | +12.51% | |
| Volatility (annualized) | 17.2% | 14.6% | |
| Max Drawdown | -20.2% | -58.8% | |
| Fund Family | Roundhill Investments | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Mar 7, 2024 | Nov 10, 2006 |
QDTE vs VYM Performance
Roundhill Innovation-100 0DTE Covered Call Strategy ETF (QDTE) is a ETF from Roundhill Investments and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year QDTE returned +14.38% while VYM returned +26.12%. Year to date, QDTE is up 3.78% versus a gain of 15.80% for VYM.
Risk: Volatility and Drawdowns
QDTE has been the more volatile fund, with annualized monthly volatility of 17.2% compared with 14.6% for VYM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -20.2% for QDTE and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.55. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QDTE charges 0.97% per year while VYM charges 0.04%. On a $10,000 position that is $97 vs $4 annually, a gap of $93 per year that compounds over a long holding period. On income, QDTE currently yields 44.78% against 2.86% for VYM.
Holdings Overlap
QDTE and VYM share 0 holdings out of 559 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QDTE or VYM?
QDTE has an expense ratio of 0.97% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $93 per year of difference.
Which performed better, QDTE or VYM?
Over the past year QDTE returned +14.38% vs +26.12% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), QDTE annualized +20.84% vs +7.07% for VYM. Past performance does not guarantee future results.
Which is riskier, QDTE or VYM?
QDTE has been the more volatile fund at 17.2% annualized versus 14.6% for VYM. Worst drawdown: QDTE -20.2% vs VYM -58.8%.
Should I hold both QDTE and VYM?
QDTE and VYM have a monthly-return correlation of 0.55, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QDTE and VYM?
QDTE and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 559 unique securities.
Which pays a higher dividend, QDTE or VYM?
QDTE yields 44.78% while VYM yields 2.86%, so QDTE currently pays the higher dividend yield.
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