Roundhill Glp-1 & Weight Loss ETF (OZEM) Performance
OZEM total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −13.2% since Dec 31, 2025
- 1 year
- +9.0% total return
- Since first price
- +18.5% since 2024
OZEM trailing returns vs SPY, QQQ, AGG
| Period | OZEM total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −7.1% | −7.1% | −1.0% | −5.0% | +0.9% |
| 3 months | −8.0% | −8.0% | +3.2% | +1.9% | −0.4% |
| 6 months | −5.0% | −5.0% | +7.8% | +8.4% | −1.5% |
| YTD | −13.2% | −13.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +9.0% | +7.7% | +14.4% | +15.9% | −1.1% |
| Since inceptionMay 21, 2024 | +18.5% | +16.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: OZEM vs SPY
From May 21, 2024: OZEM grew to $11,846, SPY to $14,725.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
OZEM returns by calendar year
1 of 1 full years positive. Best 2025 (+41.9%), worst 2025 (+41.9%). 2026 is year to date.
OZEM annual returns table
| Year | OZEM | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −13.2% | −22.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +41.9% | −20.4% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
OZEM largest drawdowns
Now 19.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 7, 2024 | −28.6% | Apr 8, 2025 | Oct 6, 2025 | 6 months | 12 months |
| Jan 26, 2026 | −22.4% | Oct 14, 2026 | not yet | 9 months | 9 months so far |
| Jul 16, 2024 | −11.1% | Aug 7, 2024 | Aug 19, 2024 | 22 days | 34 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
OZEM risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +10.0% |
| Volatility (annualized) | 20.1% |
| Sharpe ratio | 0.37 |
| Sortino ratio | 0.59 |
| Best month | +16.1% |
| Worst month | −8.5% |
| Best 12 months | +48.3% |
| Worst 12 months | −10.7% |
| Positive months | 57% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
OZEM rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 18 | −10.7% | +25.0% | +48.3% | 72% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
OZEM performance overview
Roundhill Glp-1 & Weight Loss ETF (OZEM) returned +9.0% over the past year, with distributions reinvested. Since its first recorded price on May 21, 2024 it has returned +18.5%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −28.6%, from Oct 7, 2024 to Apr 8, 2025, and it took 6 months to get back to the old high. Volatility has been 20.1% a year.
Related: OZEM chart, OZEM dividends. See the OZEM overview for the latest quote and fund facts.
OZEM performance FAQ
What is the OZEM return over the past year?
OZEM returned +9.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 7.7%.
How much would $10,000 invested in OZEM be worth?
$10,000 invested in OZEM at its first recorded close on May 21, 2024 would be worth about $11,846 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of OZEM?
The largest peak-to-trough decline was −28.6% between October 7, 2024 and April 8, 2025. It recovered to the old high on October 6, 2025, 6 months after the bottom.
How volatile is OZEM?
Over the past history OZEM had an annualized volatility of 20.1% and a Sharpe ratio of 0.37 (excess return over 1–3 month T-bills per unit of risk).