XDTE vs PMM

Comparison between ROUNDHILL S&P 500 0DTE COVERED CALL STRATEGY ETF (XDTE, ETF) and Putnam Managed Municipal Income Trust. (PMM, ETF).

XDTE vs PMM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	XDTE(ETF)	PMM(ETF)
Net Assets	$288M	$287M
Expense Ratio	0.97%	N/A
Max Drawdown	32.94%	55.45%
Sharpe Ratio	1.55	0.75
5Y Beta	0.80	0.25
5Y Dividends CAGR	N/A	-5.23%

Net Assets

Winner

XDTE

$288M

PMM

$287M

Expense Ratio

XDTE

0.97%

PMM

N/A

Max Drawdown

Winner

XDTE

32.94%

PMM

55.45%

Sharpe Ratio

Winner

XDTE

1.55

PMM

0.75

5Y Beta

XDTE

0.80

Winner

PMM

0.25

5Y Dividends CAGR

XDTE

N/A

PMM

-5.23%

XDTE vs PMM - Historical Returns

Returns include dividend reinvestment.

Period	XDTE	PMM
1 month	+0.90%	+1.08%
3 months	+5.00%	-1.47%
6 months	+6.13%	+1.95%
1 year	+23.35%	+11.94%
5 years(CAGR)	N/A	-1.23%
10 years(CAGR)	N/A	+2.68%
Max(CAGR)	+15.98%	+4.11%

XDTE

+0.90%

Winner

PMM

+1.08%

Winner

XDTE

+5.00%

PMM

-1.47%

Winner

XDTE

+6.13%

PMM

+1.95%

Winner

XDTE

+23.35%

PMM

+11.94%

5Y(CAGR)

XDTE

N/A

PMM

-1.23%

10Y(CAGR)

XDTE

N/A

PMM

+2.68%

Max(CAGR)

Winner

XDTE

+15.98%

PMM

+4.11%

XDTE vs PMM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	XDTE	PMM
2026	+6.11%	+2.49%
2025	+12.98%	+9.59%
2024	+16.37%	+3.02%
2023	N/A	+2.56%
2022	N/A	-24.71%
2021	N/A	+14.43%
2020	N/A	+5.39%
2019	N/A	+20.89%
2018	N/A	-4.36%
2017	N/A	+8.41%
2016	N/A	+1.50%
2015	N/A	+8.42%
2014	N/A	+16.71%
2013	N/A	-14.18%
2012	N/A	+13.90%
2011	N/A	+16.72%
2010	N/A	+11.36%
2009	N/A	+39.05%
2008	N/A	-23.78%
2007	N/A	-4.68%
2006	N/A	+13.52%
2005	N/A	+5.00%
2004	N/A	+4.05%
2003	N/A	+7.27%
2002	N/A	-1.93%
2001	N/A	+2.95%
2000	N/A	-2.73%
1999	N/A	-18.75%

XDTE vs PMM Drawdown Comparison

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

The maximum drawdown for PMM was -38.66%, occurring on Dec 12, 2008. Recovery took 604 trading sessions.

The current XDTE drawdown is -2.91%. The current PMM drawdown is -12.13%.

Rank	XDTE	PMM
#1	-19.02% Feb 19, 2025 - Jul 25, 2025	-38.66% May 15, 2007 - Oct 6, 2009
#2	-7.66% Feb 2, 2026 - Apr 17, 2026	-37.70% Dec 23, 2021 - Oct 25, 2023
#3	-6.89% Jul 16, 2024 - Aug 15, 2024	-29.07% Feb 25, 2020 - Dec 31, 2020
#4	-5.04% Mar 28, 2024 - May 10, 2024	-23.55% Aug 23, 2000 - May 23, 2005
#5	-4.54% Dec 6, 2024 - Jan 23, 2025	-22.09% Jan 25, 2013 - Oct 22, 2015
#6	-4.17% Aug 30, 2024 - Sep 19, 2024	-19.37% Nov 1, 1999 - Aug 17, 2000
#7	-4.15% Oct 29, 2025 - Nov 28, 2025	-15.50% Oct 19, 2010 - Jul 22, 2011
#8	-2.91% Jun 2, 2026 - Jun 5, 2026	-12.72% Sep 28, 2016 - Sep 13, 2017
#9	-2.85% Oct 8, 2025 - Oct 24, 2025	-10.42% Aug 25, 2005 - Aug 15, 2006
#10	-2.61% Dec 11, 2025 - Dec 23, 2025	-9.63% Sep 15, 2017 - Feb 8, 2019
#11	-2.28% Jan 12, 2026 - Jan 26, 2026	-8.11% Mar 8, 2012 - May 9, 2012
#12	-2.13% Jul 28, 2025 - Aug 12, 2025	-8.09% Jul 22, 2011 - Aug 22, 2011
#13	-2.01% Oct 18, 2024 - Nov 6, 2024	-7.15% Oct 3, 2012 - Jan 8, 2013
#14	-1.88% Jan 23, 2025 - Feb 18, 2025	-6.40% Jun 25, 2021 - Nov 18, 2021
#15	-1.75% May 14, 2026 - May 26, 2026	-6.36% Oct 6, 2009 - Jan 15, 2010

Correlation

Correlation between XDTE and PMM is 0.86 which considered as a strong positive correlation - the stocks tend to move together.

0.86

-101

Dividend Comparison (2000 - 2026)

XDTE vs PMM dividend yield comparison.

Year	XDTE	PMM
2026	8.41%	2.13%
2025	39.16%	4.90%
2024	20.35%	4.78%
2023	0.00%	5.10%
2022	0.00%	6.11%
2021	0.00%	4.38%
2020	0.00%	4.76%
2019	0.00%	4.81%
2018	0.00%	5.42%
2017	0.00%	5.38%
2016	0.00%	6.09%
2015	0.00%	5.92%
2014	0.00%	6.22%
2013	0.00%	7.03%
2012	0.00%	5.79%
2011	0.00%	7.00%
2010	0.00%	7.59%
2009	0.00%	7.05%
2008	0.00%	8.29%
2007	0.00%	5.86%
2006	0.00%	5.33%
2005	0.00%	6.04%
2004	0.00%	7.08%
2003	0.00%	7.60%
2002	0.00%	7.71%
2001	0.00%	7.17%
2000	0.00%	2.97%