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IYW vs QDTE

iShares U.S. Technology ETF vs Roundhill Innovation-100 0DTE Covered Call Strategy ETF

IYW

iShares U.S. Technology ETF

Annual cost

0.38%

Fund size

$25.2B

QDTE

Roundhill Innovation-100 0DTE Covered Call Strategy ETF

Annual cost

0.96%

Fund size

$881M

Key differences

IYW is an equity ETF, while QDTE is an alternative ETF. IYW charges 0.38% a year and QDTE 0.96%.

  • IYW is an equity fund, while QDTE is an alternative fund. They carry different risk/return profiles.
  • IYW follows a index tracking strategy; QDTE uses option income.
  • IYW costs 0.58% less per year.
  • IYW is much larger than QDTE. Larger funds are usually more liquid and less likely to close.
  • IYW has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

IYWQDTE
Annual cost (TER)0.38%0.96%
Fund size (AUM)$25.2B$881M
Since20002024
Dividend yield0.11%42.49%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingoption income
CAGR 1Y+48.9%+32.4%
CAGR 3Y+33.2%N/A
CAGR 5Y+21.6%N/A
Sharpe 3Y1.18N/A
Volatility 1Y20.98%15.63%
Max drawdown-39.44%-22.86%

Similar to IYW and QDTE