Two of the market's most popular income ETFs compared side-by-side. See which one fits your yield strategy.
What this means: Both AAPW and QDTE fall intoTier 5: Octane. This suggests they share a similar risk profile and volatility expectation.
| Metric | AAPW | QDTE |
|---|---|---|
| Total Return (1Y) | 2.17% | 22.58% |
| NAV Change (1Y) | -27.76% | -18.96% |
| Max Drawdown | 0.00% | 0.00% |
| Beta | - | - |
* Returns include dividend reinvestment. Drawdown calculates peak-to-trough decline over trailing 12 months.
AAPW (Roundhill AAPL Weekly Income) is a high-risk synthetic income fund managed by Roundhill. It focuses on generating income through strategic holdings. With $39.0M in assets under management, this fund has been operational since its inception.
Strategy: Uses aggressive derivative strategies on single stocks to produce yields far above market averages, with corresponding volatility.
QDTE (Roundhill Nasdaq 100 0DTE Income) is a high-risk synthetic income fund managed by Roundhill. It focuses on generating income through strategic holdings. With $828.2M in assets under management, this fund has been operational since its inception.
Strategy: Uses aggressive derivative strategies on single stocks to produce yields far above market averages, with corresponding volatility.
In the head-to-head battle of AAPW vs QDTE, the choice depends on your specific goal. QDTE wins for Immediate Income with a 41.54% yield. However, QDTE is the better choice for Long-Term Growth due to superior total return performance.
Which fund is safer for retirement income? We analyze the yield sustainability and structural risk.
What is a Yield Trap? A yield trap occurs when a fund advertises an attractive headline yield (29.93% in AAPW's case), but that income is partially funded by Return of Capital (ROC) distributions rather than genuine earnings or realized gains. This means you're essentially receiving your own money back, while the fund's NAV erodes.
12-MONTH PERFORMANCE BREAKDOWN:
Why This Matters: For retirees withdrawing income, this creates a double-whammy effect:
⚖️ Verdict: AAPW exhibits classic yield trap characteristics. Income investors should allocate cautiously and consider pairing with capital-preserving assets (Tier 1-2 funds).
What is a Yield Trap? A yield trap occurs when a fund advertises an attractive headline yield (41.54% in QDTE's case), but that income is partially funded by Return of Capital (ROC) distributions rather than genuine earnings or realized gains. This means you're essentially receiving your own money back, while the fund's NAV erodes.
12-MONTH PERFORMANCE BREAKDOWN:
Why This Matters: For retirees withdrawing income, this creates a double-whammy effect:
⚖️ Verdict: QDTE exhibits classic yield trap characteristics. Income investors should allocate cautiously and consider pairing with capital-preserving assets (Tier 1-2 funds).
The Bottom Line Question: If you invest $100,000 today, how much cash will you actually receive each month? Here's the exact math:
AAPW
Annual Yield: 29.93%
$2,494/mo
($29,926/year)
Frequency: weekly
QDTE
Annual Yield: 41.54%
$3,462/mo
($41,538/year)
Frequency: weekly
Income Gap: QDTE generates $11,612/year more than AAPW on the same $100k investment.
Over 20 years, that's $232,245 in additional cash flow (before reinvestment).
Context Matters: Higher income doesn't always mean better investment. Review the "Yield Trap" and "Total Return" sections above—you want income that's sustainable, not just headline-grabbing.
Historical data reveals how these funds behave during market stress. QDTE has delivered a superior Total Return of 22.58% over the past year.