Roundhill Nasdaq-100 0DTE Covered Call ETF Strategy ETF
$26.28−0.13 (−0.49%)
- 0.96%
- $834M
- +12.5%
- 46.51%
- 506K sh
- low $25.34high $35.75
The ETF.net QDTE Grade
C
Score 38 out of 100
- 24 of 31
Score 38 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25. The letter stays C for now. A new letter must hold for 3 published runs before it replaces it.
Cost
The fund’s net expense ratio, ranked against its category.D27 out of 100Rank 23 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C46 out of 100Rank 17 of 31Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B61 out of 100Rank 11 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F16 out of 100Rank 22 of 24Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A73 out of 100Rank 8 of 31
Our read on QDTE
In short
CThe original 0DTE income ETF: QDTE sells same-day Nasdaq-100 calls every morning and hands the premium to shareholders weekly. Cash on a fast clock, with each session's upside capped in exchange.
Stated mandate
The Fund primarily seeks current income and secondarily seeks capital appreciation through a synthetic covered-call strategy that combines long exposure to the Innovation-100 Index with recurring 0DTE call sales.
Why people hold it
Worth knowing
QDTE Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
QDTE$11,250
Returns run to the Nov 9, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | QDTE |
|---|---|
| Year to date | +9.1% |
| 1 month | −8.7% |
| 3 months | −5.0% |
| 1 year | +12.5% |
| 3 years | |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | QDTE |
|---|---|---|
| 2026 YTD | +9.1% | |
| 2025 | +19.5% | |
| 2024 | +16.1% |
QDTE in the news
QDTE Dividends
- 46.51%
- $12.28
- $0.16 per share
- Weekly
QDTE Risk
- 16.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.83
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −22.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.27
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
QDTE Cost
Overpaying vs EDGQ, cheapest in Nasdaq-100 Option Income
$18,034
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
QDTE 0.96%
$18,034
EDGQ 0.00% Cheapest
$0
Cost over time
Year by year
| Year | QDTE | EDGQ | Overpaying |
|---|---|---|---|
| 10 | $1,695 | $0 | $1,695 |
| 20 | $6,383 | $0 | $6,383 |
| 30 | $18,034 | $0 | $18,034 |
Other funds in Nasdaq-100 Option Income
- CCANQCalamos Nasdaq Equity & Income ETFExpense ratio 0.94%1 year return +0.2%
- DQGRDHorizon Nasdaq-100 Defined Risk ETFExpense ratio 0.85%1 year return +4.3%
- DYQQQYieldMax Short N100 Option Income Strategy ETFExpense ratio 1.11%1 year return −0.2%
- DQQQTNASDAQ 100 Income Target ETFExpense ratio 1.20%1 year return +9.5%
- DQDTYYieldMax Nasdaq 100 0DTE Covered Call Strategy ETFExpense ratio 1.17%1 year return +8.8%
