Roundhill Russell 2000 0DTE Covered Call Strategy ETFRoundhill Russell 2000 0DTE Covered Call Strategy ETFRoundhill Russell 2000 0DTE Covered Call Strategy ETF

Roundhill Russell 2000 0DTE Covered Call Strategy ETF

No trades
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Key stats


Assets under management (AUM)
‪128.23 M‬USD
Fund flows (1Y)
‪174.68 M‬USD
Dividend yield (indicated)
29.18%
Discount/Premium to NAV
−0.10%
Shares outstanding
‪3.85 M‬
Expense ratio
0.97%

About Roundhill Russell 2000 0DTE Covered Call Strategy ETF


Issuer
Roundhill Financial, Inc.
Brand
Roundhill
Inception date
Sep 10, 2024
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
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


Asset Class
Equity
Category
Size and style
Focus
Small cap
Niche
Broad-based
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Rights & Warrants
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to RDTE via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
RDTE trades at 33.19 USD today, its price has fallen −0.69% in the past 24 hours. Track more dynamics on RDTE price chart.
RDTE net asset value is 33.12 today — it's risen 14.70% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
RDTE assets under management is ‪128.23 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
RDTE price has risen by 8.39% 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.
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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
RDTE invests in funds. See more details in our Analysis section.
RDTE expense ratio is 0.97%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, RDTE isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, RDTE pays dividends to its holders with the dividend yield of 29.18%.
RDTE trades at a premium (0.10%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
RDTE shares are issued by Roundhill Financial, Inc.
RDTE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 10, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.