Key stats
About Roundhill Innovation-100 0DTE Covered Call Strategy ETF
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Inception date
Mar 7, 2024
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Roundhill Financial, Inc.
Distributor
Foreside Fund Services LLC
QDTE sells, each morning, zero-days-to-expiration, out-of-the-money call options against synthetic exposure to the Nasdaq-100 Index. Through a combination of buying and selling call options that reference the index, the portfolio exposure is long the price return of the index up to a daily cap on the upside potential. The underlying options are valued at their notional value, investing at least 80% of its net assets in derivative contracts. Both exchange-listed or FLEX Options that settle either European or American style may be utilized. The strategy aims to take advantage of the potential mispricing inherent to the short-dated options market, where volatility may be overpriced, in order to provide weekly income distributions. For tax consideration, the weekly distributions will be ordinary income. Distributions that exceed the fund’s income and gains will be treated as a return of capital. Before July 22, 2024, the fund traded as Roundhill N-100 0DTE Covered Call Strategy ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Rights & Warrants
Bonds, Cash & Other100.00%
Rights & Warrants90.52%
ETF6.39%
Mutual fund3.12%
Cash−0.04%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
QDTE invests in funds. The fund's major sectors are ETF, with 6.39% stocks, and Mutual fund, with 3.12% of the basket. The assets are mostly located in the N/A region.
QDTE last dividends amounted to 0.21 USD. The week before, the issuer paid 0.17 USD in dividends, which shows a 19.92% increase.
QDTE assets under management is 754.41 M USD. It's risen 9.41% over the last month.
QDTE fund flows account for 879.57 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, QDTE pays dividends to its holders with the dividend yield of 44.69%. The last dividend (May 30, 2025) amounted to 0.21 USD. The dividends are paid weekly.
QDTE shares are issued by Roundhill Financial, Inc. under the brand Roundhill. The ETF was launched on Mar 7, 2024, and its management style is Active.
QDTE expense ratio is 0.97% meaning you'd have to pay 0.97% of your investment to help manage the fund.
QDTE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
QDTE invests in funds.
QDTE price has risen by 7.12% over the last month, and its yearly performance shows a −23.53% decrease. See more dynamics on QDTE price chart.
NAV returns, another gauge of an ETF dynamics, showed a −2.56% decrease in three-month performance and has decreased by −1.87% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −2.56% decrease in three-month performance and has decreased by −1.87% in a year.
QDTE trades at a premium (0.19%) meaning the ETF is trading at a higher price than the calculated NAV.