Key stats
About Roundhill ETF Trust Roundhill S&P 500 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
XDTE sells, each morning, zero-days-to-expiration, out-of-the-money call options against synthetic exposure to the S&P 500 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.
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 & Warrants90.79%
ETF6.91%
Mutual fund2.25%
Cash0.05%
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
XDTE invests in funds. The fund's major sectors are ETF, with 6.91% stocks, and Mutual fund, with 2.25% of the basket. The assets are mostly located in the N/A region.
XDTE last dividends amounted to 0.21 USD. The week before, the issuer paid 0.24 USD in dividends, which shows a 13.54% decrease.
XDTE assets under management is 389.03 M USD. It's risen 15.09% over the last month.
XDTE fund flows account for 449.25 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, XDTE pays dividends to its holders with the dividend yield of 31.35%. The last dividend (May 23, 2025) amounted to 0.21 USD. The dividends are paid weekly.
XDTE 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.
XDTE expense ratio is 0.97% meaning you'd have to pay 0.97% of your investment to help manage the fund.
XDTE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
XDTE invests in funds.
XDTE price has risen by 8.28% over the last month, and its yearly performance shows a −18.39% decrease. See more dynamics on XDTE price chart.
NAV returns, another gauge of an ETF dynamics, showed a −7.13% decrease in three-month performance and has decreased by −2.86% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −7.13% decrease in three-month performance and has decreased by −2.86% in a year.
XDTE trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.