DSM vs XDTE

Comparison between BNY Mellon Strategic Municipal Bond Fund Inc (DSM, ETF) and ROUNDHILL S&P 500 0DTE COVERED CALL STRATEGY ETF (XDTE, ETF).

DSM vs XDTE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DSM(ETF)	XDTE(ETF)
Net Assets	$326M	$326M
Expense Ratio	N/A	0.97%
Max Drawdown	53.69%	32.94%
Sharpe Ratio	1.04	1.23
5Y Beta	0.19	0.81
5Y Dividends CAGR	-3.58%	N/A

Net Assets

Winner

DSM

$326M

XDTE

$326M

Expense Ratio

DSM

N/A

XDTE

0.97%

Max Drawdown

DSM

53.69%

Winner

XDTE

32.94%

Sharpe Ratio

DSM

1.04

Winner

XDTE

1.23

5Y Beta

Winner

DSM

0.19

XDTE

0.81

5Y Dividends CAGR

DSM

-3.58%

XDTE

N/A

DSM vs XDTE - Historical Returns

Returns include dividend reinvestment.

Period	DSM	XDTE
1 month	-1.15%	+0.50%
3 months	-0.09%	+5.66%
6 months	+1.86%	+7.88%
1 year	+14.47%	+18.79%
5 years(CAGR)	-1.55%	N/A
10 years(CAGR)	+0.85%	N/A
Max(CAGR)	+5.10%	+16.17%

DSM

-1.15%

Winner

XDTE

+0.50%

DSM

-0.09%

Winner

XDTE

+5.66%

DSM

+1.86%

Winner

XDTE

+7.88%

DSM

+14.47%

Winner

XDTE

+18.79%

5Y(CAGR)

DSM

-1.55%

XDTE

N/A

10Y(CAGR)

DSM

+0.85%

XDTE

N/A

Max(CAGR)

DSM

+5.10%

Winner

XDTE

+16.17%

DSM vs XDTE - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	DSM	XDTE
2026	-0.07%	+8.52%
2025	+10.70%	+12.98%
2024	+4.98%	+16.37%
2023	+3.00%	N/A
2022	-27.37%	N/A
2021	+11.90%	N/A
2020	+3.37%	N/A
2019	+18.05%	N/A
2018	-13.10%	N/A
2017	+12.39%	N/A
2016	+4.71%	N/A
2015	+7.30%	N/A
2014	+15.36%	N/A
2013	-16.99%	N/A
2012	+14.93%	N/A
2011	+24.19%	N/A
2010	+5.63%	N/A
2009	+45.32%	N/A
2008	-24.63%	N/A
2007	-13.34%	N/A
2006	+23.72%	N/A
2005	+1.31%	N/A
2004	+4.76%	N/A
2003	+18.37%	N/A
2002	+2.05%	N/A
2001	+3.76%	N/A
2000	+23.02%	N/A
1999	-6.54%	N/A

DSM vs XDTE Drawdown Comparison

The maximum drawdown for DSM was -49.10%, occurring on Oct 10, 2008. Recovery took 691 trading sessions.

The maximum drawdown for XDTE was -19.02%, occurring on Apr 21, 2025. Recovery took 108 trading sessions.

The current DSM drawdown is -12.45%. The current XDTE drawdown is -0.90%.

Rank	DSM	XDTE
#1	-49.10% May 4, 2007 - Feb 1, 2010	-19.02% Feb 19, 2025 - Jul 25, 2025
#2	-38.73% Aug 3, 2021 - Oct 25, 2023	-7.66% Feb 2, 2026 - Apr 17, 2026
#3	-31.97% Nov 6, 2019 - May 5, 2021	-6.89% Jul 16, 2024 - Aug 15, 2024
#4	-23.32% Jan 9, 2013 - Dec 21, 2015	-5.04% Mar 28, 2024 - May 10, 2024
#5	-17.18% Oct 1, 2010 - Aug 31, 2011	-4.54% Dec 6, 2024 - Jan 23, 2025
#6	-16.59% Aug 2, 2017 - May 9, 2019	-4.17% Aug 30, 2024 - Sep 19, 2024
#7	-16.42% Feb 18, 2004 - Nov 3, 2004	-4.15% Oct 29, 2025 - Nov 28, 2025
#8	-13.68% Jul 8, 2005 - Aug 16, 2006	-4.15% Jun 2, 2026 - Jul 10, 2026
#9	-12.71% Sep 30, 2002 - Mar 4, 2003	-2.85% Oct 8, 2025 - Oct 24, 2025
#10	-12.32% Nov 12, 1999 - Jan 28, 2000	-2.61% Dec 11, 2025 - Dec 23, 2025
#11	-12.03% Aug 13, 2001 - Jul 1, 2002	-2.28% Jan 12, 2026 - Jan 26, 2026
#12	-11.60% Sep 28, 2016 - Jul 12, 2017	-2.13% Jul 28, 2025 - Aug 12, 2025
#13	-11.55% Jun 16, 2003 - Jan 7, 2004	-2.01% Oct 18, 2024 - Nov 6, 2024
#14	-8.87% Jan 28, 2000 - Apr 4, 2000	-1.88% Jan 23, 2025 - Feb 18, 2025
#15	-7.89% Sep 30, 2011 - Dec 6, 2011	-1.75% May 14, 2026 - May 26, 2026

Correlation

Correlation between DSM and XDTE is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (1999 - 2026)

DSM vs XDTE dividend yield comparison.

Year	DSM	XDTE
2026	3.12%	10.98%
2025	4.07%	39.16%
2024	3.72%	20.35%
2023	4.27%	0.00%
2022	5.95%	0.00%
2021	4.31%	0.00%
2020	4.57%	0.00%
2019	5.19%	0.00%
2018	6.11%	0.00%
2017	5.82%	0.00%
2016	6.19%	0.00%
2015	6.17%	0.00%
2014	7.71%	0.00%
2013	7.68%	0.00%
2012	6.60%	0.00%
2011	6.56%	0.00%
2010	7.22%	0.00%
2009	6.09%	0.00%
2008	8.38%	0.00%
2007	6.37%	0.00%
2006	5.39%	0.00%
2005	7.15%	0.00%
2004	7.19%	0.00%
2003	6.90%	0.00%
2002	6.94%	0.00%
2001	6.67%	0.00%
2000	6.94%	0.00%
1999	1.36%	0.00%