Key stats
About Roundhill Russell 2000 0DTE Covered Call Strategy ETF
Home page
Inception date
Sep 10, 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
RDTE sells, each morning, zero-days-to-expiration, out-of-the-money call options against synthetic exposure to the Russell 2000 Index. Through a combination of buying and selling call option contracts 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 option contracts 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 funds income and gains will be treated as a return of capital. Prior to May 2, 2025, the fund was named Roundhill Small Cap 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 & Warrants88.84%
ETF9.01%
Mutual fund1.37%
Cash0.79%
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
RDTE invests in funds. The fund's major sectors are ETF, with 9.01% stocks, and Mutual fund, with 1.37% of the basket. The assets are mostly located in the N/A region.
RDTE last dividends amounted to 0.25 USD. The week before, the issuer paid 0.24 USD in dividends, which shows a 5.05% increase.
RDTE assets under management is 131.80 M USD. It's risen 12.17% over the last month.
RDTE fund flows account for 174.68 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, RDTE pays dividends to its holders with the dividend yield of 29.18%. The last dividend (May 23, 2025) amounted to 0.25 USD. The dividends are paid weekly.
RDTE shares are issued by Roundhill Financial, Inc. under the brand Roundhill. The ETF was launched on Sep 10, 2024, and its management style is Active.
RDTE expense ratio is 0.97% meaning you'd have to pay 0.97% of your investment to help manage the fund.
RDTE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RDTE invests in funds.
RDTE price has risen by 9.29% over the last month, and its yearly performance shows a −21.33% decrease. See more dynamics on RDTE price chart.
NAV returns, another gauge of an ETF dynamics, showed a −7.43% decrease in three-month performance and has decreased by −3.88% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −7.43% decrease in three-month performance and has decreased by −3.88% in a year.
RDTE trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.