Roundhill S&P 500 0DTE Covered Call Strategy ETF
$36.95−0.24 (−0.65%)
- 0.97%
- $307M
- +13.0%
- 29.86%
- 155K sh
- low $35.87high $44.22
The ETF.net XDTE Grade
C
Score 42 out of 100
- 37 of 51
Score 42 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F8 out of 100Rank 46 of 51Mission
Whether the fund did what it promised, tested against its stated mandate.A75 out of 100Rank 30 of 37Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D29 out of 100Rank 43 of 51Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B65 out of 100Rank 11 of 51Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C41 out of 100Rank 29 of 40Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B59 out of 100Rank 21 of 51
Our read on XDTE
In short
CThe original 0DTE covered call fund. It sells same-day S&P 500 calls each morning and lets them expire at the close, capping the trading session while leaving the overnight stretch uncapped. Pays weekly.
Stated mandate
The Fund's primary objective is current income and its secondary objective is capital appreciation. It uses a synthetic covered-call strategy to provide weekly income while maintaining exposure to the S&P 500 Index's price return.
Why people hold it
Worth knowing
XDTE 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.
XDTE$11,300
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 | XDTE |
|---|---|
| Year to date | +10.1% |
| 1 month | −2.8% |
| 3 months | −1.6% |
| 1 year | +13.0% |
| 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 | XDTE |
|---|---|---|
| 2026 YTD | +10.1% | |
| 2025 | +12.7% | |
| 2024 | +15.9% |
XDTE in the news
XDTE Dividends
- 29.86%
- $11.10
- $0.11 per share
- Weekly
XDTE Risk
- 11.9%
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.
- 0.85
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.
- −19.0%
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.
- 0.91
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.
XDTE Cost
Overpaying vs PEPS, cheapest in S&P 500 Option Income
$16,092
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
XDTE 0.97%
$18,198
PEPS 0.10% Cheapest
$2,106
Cost over time
Year by year
| Year | XDTE | PEPS | Overpaying |
|---|---|---|---|
| 10 | $1,712 | $183 | $1,529 |
| 20 | $6,443 | $717 | $5,726 |
| 30 | $18,198 | $2,106 | $16,092 |
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- CAPRJInnovator Premium Income 30 Barrier ETFExpense ratio 0.79%1 year return +6.4%
- CSHDGSoundwatch Hedged Equity ETFExpense ratio 0.91%1 year return +4.7%
- CSPYCSimplify US Equity PLUS Convexity ETFExpense ratio 0.53%1 year return +4.1%
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