Roundhill ETF Trust Roundhill Ether Covered Call Strategy ETFRoundhill ETF Trust Roundhill Ether Covered Call Strategy ETFRoundhill ETF Trust Roundhill Ether Covered Call Strategy ETF

Roundhill ETF Trust Roundhill Ether Covered Call Strategy ETF

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Key stats


Assets under management (AUM)
‪38.39 M‬USD
Fund flows (1Y)
‪57.74 M‬USD
Dividend yield (indicated)
88.51%
Discount/Premium to NAV
1.8%
Shares outstanding
‪1.61 M‬
Expense ratio
0.95%

About Roundhill ETF Trust Roundhill Ether Covered Call Strategy ETF


Issuer
Roundhill Financial, Inc.
Brand
Roundhill
Inception date
Sep 4, 2024
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Synthetic
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
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
YETH aims to generate monthly income while providing exposure to the price returns of one or more US-listed ETFs holding Ether futures contracts (Ether ETFs), subject to a cap on potential gains. The fund utilizes a synthetic covered call strategy via standardized exchange-traded and FLEX options, which consists of i) synthetic long exposure, ii) covered call writing, and iii) US Treasurys and cash. The synthetic long exposure seeks to replicate the price movements of the Ether ETFs by buying call options and selling put options. To generate income, the fund writes one-month, out-of-the-money call options that will be held to or close to expiration. This limits the funds participation in potential gains if the ETF shares increase in value. The short put positions fully expose investors to the downside of the ETF share prices. The fund may directly hold shares of the Ether ETFs. However, the fund does not invest directly in Ether and has no direct exposure to the spot price of Ether.

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

Classification


Asset Class
Currency
Category
Pair
Focus
Long Ether, short USD
Niche
Derivative
Strategy
Buy-write
Geography
Global
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Mutual fund
Bonds, Cash & Other100.00%
Government85.10%
Mutual fund13.44%
Cash1.18%
Rights & Warrants0.29%
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.

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.
YETH trades at 23.98 USD today, its price has fallen −1.20% in the past 24 hours. Track more dynamics on YETH price chart.
YETH net asset value is 23.70 today — it's risen 4.25% 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.
YETH assets under management is ‪38.39 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.
YETH price has fallen by −1.69% over the last month, and its yearly performance shows a −51.15% decrease. See more dynamics on YETH price chart.
NAV returns, another gauge of an ETF dynamics, showed a 20.09% increase in three-month performance and has decreased by −33.64% in a year.
YETH fund flows account for ‪57.74 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.
YETH invests in bonds. See more details in our Analysis section.
YETH expense ratio is 0.95%. 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, YETH isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, YETH technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating YETH shows the sell signal. See more of YETH technicals for a more comprehensive analysis.
Yes, YETH pays dividends to its holders with the dividend yield of 88.51%.
YETH trades at a premium (1.20%).
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.
YETH shares are issued by Roundhill Financial, Inc.
YETH 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 4, 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.