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QDTE vs IYW

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

QDTE

Roundhill Innovation-100 0DTE Covered Call Strategy ETF

Annual cost

0.96%

Fund size

$881M

IYW

iShares U.S. Technology ETF

Annual cost

0.38%

Fund size

$25.2B

Key differences

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

  • QDTE is an alternative fund, while IYW is an equity fund. They carry different risk/return profiles.
  • QDTE follows a option income strategy; IYW uses index tracking.
  • 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

QDTEIYW
Annual cost (TER)0.96%0.38%
Fund size (AUM)$881M$25.2B
Since20242000
Dividend yield42.49%0.11%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+32.4%+48.9%
CAGR 3YN/A+33.2%
CAGR 5YN/A+21.6%
Sharpe 3YN/A1.18
Volatility 1Y15.63%20.98%
Max drawdown-22.86%-39.44%

Similar to QDTE and IYW