YBTC vs SNTH

Comparison between ROUNDHILL BITCOIN COVERED CALL STRATEGY ETF (YBTC, ETF) and MRP SYNTHEQUITY ETF (SNTH, ETF).

YBTC vs SNTH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	YBTC(ETF)	SNTH(ETF)
Net Assets	$158M	$158M
Expense Ratio	0.95%	0.96%
Max Drawdown	71.37%	18.78%
Sharpe Ratio	-1.21	1.59
5Y Beta	1.11	0.79

Net Assets

YBTC

$158M

Winner

SNTH

$158M

Expense Ratio

Winner

YBTC

0.95%

SNTH

0.96%

Max Drawdown

YBTC

71.37%

Winner

SNTH

18.78%

Sharpe Ratio

YBTC

-1.21

Winner

SNTH

1.59

5Y Beta

YBTC

1.11

Winner

SNTH

0.79

YBTC vs SNTH - Holdings Comparison

YBTC and SNTH have 1 common holdings. Overlap is 5.28%

YBTC's top 25 holdings weight is 5.28%. SNTH's top 25 holdings weight is 99.98%.

Rank	YBTC	SNTH
#1	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 5.28%	UNITED STATES TREASURY NOTES 4.63% (n/a) - 42.14%
#2	N/A	OPTION ON S&P 500 PR (n/a) - 29.43%
#3	N/A	UNITED STATES TREASURY NOTES 4% (n/a) - 20.87%
#4	N/A	UNITED STATES TREASURY NOTES 4.13% (n/a) - 20.86%
#5	N/A	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 8.50%
#6	N/A	US DOLLARS (n/a) - 0.02%
#7	N/A	DEPOSITS WITH BROKER FOR SHORT POSITIONS (n/a) - -7.31%
#8	N/A	CASH OFFSET (n/a) - -14.53%
#9	N/A	N/A
#10	N/A	N/A
#11	N/A	N/A
#12	N/A	N/A
#13	N/A	N/A
#14	N/A	N/A
#15	N/A	N/A
#16	N/A	N/A
#17	N/A	N/A
#18	N/A	N/A
#19	N/A	N/A
#20	N/A	N/A
#21	N/A	N/A
#22	N/A	N/A
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	1	8

YBTC vs SNTH - Historical Returns

Returns include dividend reinvestment.

Period	YBTC	SNTH
1 month	-24.49%	+2.19%
3 months	-14.44%	+9.09%
6 months	-30.40%	+6.38%
1 year	-38.61%	+26.92%
Max(CAGR)	+2.65%	+26.46%

YBTC

-24.49%

Winner

SNTH

+2.19%

YBTC

-14.44%

Winner

SNTH

+9.09%

YBTC

-30.40%

Winner

SNTH

+6.38%

YBTC

-38.61%

Winner

SNTH

+26.92%

Max(CAGR)

YBTC

+2.65%

Winner

SNTH

+26.46%

YBTC vs SNTH - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	YBTC	SNTH
2026	-32.05%	+8.18%
2025	-7.43%	+23.79%
2024	+58.51%	N/A

YBTC vs SNTH Drawdown Comparison

The maximum drawdown for YBTC was -48.79%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The maximum drawdown for SNTH was -9.79%, occurring on Apr 8, 2025. Recovery took 34 trading sessions.

The current YBTC drawdown is -48.79%. The current SNTH drawdown is -2.80%.

Rank	YBTC	SNTH
#1	-48.79% Sep 18, 2025 - Jun 5, 2026	-9.79% Mar 24, 2025 - May 12, 2025
#2	-23.37% Dec 16, 2024 - May 21, 2025	-9.07% Oct 28, 2025 - Apr 17, 2026
#3	-22.97% Jun 10, 2024 - Oct 29, 2024	-3.08% Oct 8, 2025 - Oct 24, 2025
#4	-16.73% Apr 11, 2024 - Jun 5, 2024	-2.87% May 19, 2025 - Jun 6, 2025
#5	-7.19% Aug 13, 2025 - Sep 12, 2025	-2.80% Jun 2, 2026 - Jun 5, 2026
#6	-6.90% May 27, 2025 - Jun 30, 2025	-2.73% Jul 25, 2025 - Aug 12, 2025
#7	-6.27% Oct 29, 2024 - Nov 6, 2024	-2.63% Mar 11, 2025 - Mar 17, 2025
#8	-5.65% Mar 26, 2024 - Apr 10, 2024	-2.44% May 14, 2026 - May 28, 2026
#9	-4.68% Jul 17, 2025 - Aug 11, 2025	-2.18% Aug 14, 2025 - Aug 28, 2025
#10	-3.97% Jan 19, 2024 - Jan 26, 2024	-2.01% Aug 28, 2025 - Sep 10, 2025
#11	-3.76% Mar 15, 2024 - Mar 20, 2024	-1.84% Sep 22, 2025 - Oct 1, 2025
#12	-3.22% Mar 20, 2024 - Mar 25, 2024	-1.77% Jun 12, 2025 - Jun 24, 2025
#13	-3.16% Nov 12, 2024 - Nov 18, 2024	-1.63% Mar 17, 2025 - Mar 24, 2025
#14	-3.02% Nov 22, 2024 - Dec 4, 2024	-1.07% Jul 3, 2025 - Jul 17, 2025
#15	-2.31% Jun 6, 2024 - Jun 10, 2024	-0.94% Apr 17, 2026 - Apr 22, 2026

Correlation

Correlation between YBTC and SNTH is -0.39 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.39

-101