Roundhill Bitcoin Covered Call Strategy ETF (YBTC) Performance
YBTC total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −13.8% since Dec 31, 2025
- 1 year
- −28.3% total return
- Since first price
- +30.9% since 2024
YBTC trailing returns vs SPY, QQQ, AGG
| Period | YBTC total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.4% | −3.8% | −1.0% | −5.0% | +0.9% |
| 3 months | +10.4% | +2.6% | +3.2% | +1.9% | −0.4% |
| 6 months | −3.7% | −17.8% | +7.8% | +8.4% | −1.5% |
| YTD | −13.8% | −35.3% | +12.3% | +15.1% | −1.0% |
| 1 year | −28.3% | −53.0% | +14.4% | +15.9% | −1.1% |
| Since inceptionJan 18, 2024 | +30.9% | −62.1% | — | — | — |
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: YBTC vs SPY
From Jan 18, 2024: YBTC grew to $13,089, SPY to $16,471.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
YBTC returns by calendar year
0 of 1 full years positive. Best 2025 (−4.2%), worst 2025 (−4.2%). 2026 is year to date.
YBTC annual returns table
| Year | YBTC | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −13.8% | −35.3% | +12.3% | +15.1% | −1.0% |
| 2025 | −4.2% | −31.2% | +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.
YBTC largest drawdowns
Now 37.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 18, 2025 | −48.8% | Jun 30, 2026 | not yet | 9 months | 1.1 years so far |
| Dec 16, 2024 | −23.4% | Apr 8, 2025 | May 21, 2025 | 4 months | 5 months |
| Jun 10, 2024 | −23.2% | Sep 6, 2024 | Oct 29, 2024 | 3 months | 5 months |
| Apr 11, 2024 | −16.8% | May 1, 2024 | Jun 5, 2024 | 20 days | 55 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
YBTC risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +9.6% |
| Volatility (annualized) | 35.9% |
| Sharpe ratio | 0.32 |
| Sortino ratio | 0.44 |
| Best month | +18.2% |
| Worst month | −19.6% |
| Best 12 months | +64.8% |
| Worst 12 months | −42.9% |
| Positive months | 59% |
| 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.
YBTC rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 22 | −42.9% | −4.0% | +64.8% | 45% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
YBTC performance overview
Roundhill Bitcoin Covered Call Strategy ETF (YBTC) returned −28.3% over the past year, with distributions reinvested. Since its first recorded price on Jan 18, 2024 it has returned +30.9%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −48.8%, from Sep 18, 2025 to Jun 30, 2026; the fund has not yet regained that high. Volatility has been 35.9% a year.
Related: YBTC chart, YBTC dividends. See the YBTC overview for the latest quote and fund facts.
YBTC performance FAQ
What is the YBTC return over the past year?
YBTC returned −28.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 53.0%.
How much would $10,000 invested in YBTC be worth?
$10,000 invested in YBTC at its first recorded close on January 18, 2024 would be worth about $13,089 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of YBTC?
The largest peak-to-trough decline was −48.8% between September 18, 2025 and June 30, 2026. It has not yet recovered to that high; it is 37.1% below its peak.
How volatile is YBTC?
Over the past history YBTC had an annualized volatility of 35.9% and a Sharpe ratio of 0.32 (excess return over 1–3 month T-bills per unit of risk).