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RAYJ vs QDTY

Comparison between RAYLIANT SMDAM JAPAN EQUITY ETF (RAYJ, ETF) and YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF (QDTY, ETF).

RAYJ vs QDTY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
RAYJ
$25M
Winner
QDTY
$25M
Expense Ratio
Winner
RAYJ
0.72%
QDTY
1.17%
Max Drawdown
Winner
RAYJ
16.60%
QDTY
28.19%
Sharpe Ratio
RAYJ
1.11
Winner
QDTY
1.59
5Y Beta
Winner
RAYJ
0.79
QDTY
1.29

RAYJ vs QDTY - Historical Returns

Returns include dividend reinvestment.

1M
RAYJ
+1.62%
Winner
QDTY
+2.65%
3M
RAYJ
+7.40%
Winner
QDTY
+11.74%
6M
Winner
RAYJ
+17.09%
QDTY
+9.69%
1Y
RAYJ
+31.77%
Winner
QDTY
+32.44%
Max(CAGR)
Winner
RAYJ
+24.12%
QDTY
+16.90%

RAYJ vs QDTY - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

YearRAYJQDTY
2026+17.69%+10.11%
2025+20.33%+11.47%
2024+10.11%N/A

RAYJ vs QDTY Drawdown Comparison

The maximum drawdown for RAYJ was -15.95%, occurring on Apr 7, 2025. Recovery took 106 trading sessions.

The maximum drawdown for QDTY was -23.35%, occurring on Apr 21, 2025. Recovery took 107 trading sessions.

The current RAYJ drawdown is -5.25%. The current QDTY drawdown is -5.40%.

RankRAYJQDTY
#1-15.95%
Dec 5, 2024 - May 12, 2025
-23.35%
Feb 19, 2025 - Jul 24, 2025
#2-14.00%
Feb 27, 2026 - May 6, 2026
-11.11%
Jan 28, 2026 - Apr 24, 2026
#3-13.41%
Jul 17, 2024 - Aug 19, 2024
-6.65%
Oct 29, 2025 - Dec 10, 2025
#4-10.72%
Sep 26, 2024 - Dec 3, 2024
-5.40%
Jun 3, 2026 - Jun 5, 2026
#5-7.44%
Nov 10, 2025 - Nov 28, 2025
-4.01%
Dec 10, 2025 - Dec 24, 2025
#6-7.13%
May 13, 2026 - May 19, 2026
-3.62%
Oct 8, 2025 - Oct 20, 2025
#7-6.70%
Nov 28, 2025 - Jan 9, 2026
-2.81%
Aug 13, 2025 - Sep 11, 2025
#8-6.69%
Aug 18, 2025 - Nov 3, 2025
-2.14%
Jan 9, 2026 - Jan 26, 2026
#9-6.39%
Apr 9, 2024 - Jul 10, 2024
-2.12%
May 14, 2026 - May 22, 2026
#10-5.87%
Aug 30, 2024 - Sep 19, 2024
-2.07%
Jul 30, 2025 - Aug 8, 2025
#11-5.80%
Jul 23, 2025 - Aug 7, 2025
-1.46%
Dec 24, 2025 - Jan 6, 2026
#12-4.88%
Jun 27, 2025 - Jul 23, 2025
-1.34%
Sep 22, 2025 - Oct 2, 2025
#13-2.39%
May 27, 2025 - May 30, 2025
-0.98%
Apr 27, 2026 - Apr 30, 2026
#14-2.07%
Jan 27, 2026 - Feb 6, 2026
-0.95%
Oct 21, 2025 - Oct 24, 2025
#15-1.71%
Feb 12, 2026 - Feb 24, 2026
-0.67%
May 11, 2026 - May 13, 2026

Correlation

Correlation between RAYJ and QDTY is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90
-101

Dividend Comparison (2024 - 2026)

RAYJ vs QDTY dividend yield comparison.

YearRAYJQDTY
20260.00%14.10%
20251.72%26.82%
20240.78%0.00%

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