Category Review
The median crypto option-income fund lost more than bitcoin over the year and trailed its rebound
Roundhill Ether Covered Call Strategy ETF
CThis fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.
$8.24+0.07 (+0.86%)
- 0.96%
- $54M
- −39.4%
- 84.36%
- 58.3K sh
- low $7.63high $22.55
The ETF.net YETH Grade
C
Score 44 out of 100
- 11 of 22
Score 44 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.C40 out of 100Rank 13 of 22Mission
Whether the fund did what it promised, tested against its stated mandate.A70 out of 100Rank 1 of 4Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D36 out of 100Rank 15 of 22Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C46 out of 100Rank 13 of 22Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C47 out of 100Rank 11 of 14Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A79 out of 100Rank 3 of 22
Our read on YETH
In short
CEther's volatility, repackaged as weekly income. YETH doesn't hold ether: it builds the exposure with options on spot ether ETFs, then sells weekly calls against that position, swapping the biggest upside weeks for premium.
Stated mandate
The Fund seeks current income and secondary exposure to the price return of Ether ETFs traded on U.S.-regulated exchanges. It uses synthetic covered calls, primarily through options on Ether ETFs, to create that exposure while generating income.
Why people hold it
Worth knowing
YETH 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.
YETH$6,059
Returns run to the Oct 30, 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 | YETH |
|---|---|
| Year to date | −27.5% |
| 1 month | −14.5% |
| 3 months | +2.8% |
| 1 year | −39.4% |
| 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 | YETH |
|---|---|---|
| 2026 YTD | −27.5% | |
| 2025 | −32.2% | |
| 2024 | +24.6% |
YETH in the news
YETH Dividends
- 84.36%
- $6.89
- $0.07 per share
- Weekly
YETH Risk
- 47.8%
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.
- −0.40
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.
- −64.5%
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.
- 1.26
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.
YETH Cost
Overpaying vs BITA, tied cheapest in Crypto Option Income
$5,317
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
YETH 0.96%
$18,034
BITA 0.65% Tied cheapest
$12,717
Cost over time
Year by year
| Year | YETH | BITA | Overpaying |
|---|---|---|---|
| 10 | $1,695 | $1,163 | $532 |
| 20 | $6,383 | $4,440 | $1,943 |
| 30 | $18,034 | $12,717 | $5,317 |
Other funds in Crypto Option Income
- CXRPMAmplify XRP 3% Monthly Option Income ETFExpense ratio 0.75%1 year return
- CNEHINEOS Ethereum High Income ETFExpense ratio 0.98%1 year return
- CBPIGrayscale Bitcoin Premium Income ETFExpense ratio 0.65%1 year return −26.6%
- CEHYAmplify Ethereum Max Income Covered Call ETFExpense ratio 0.75%1 year return −52.1%
- CETCOGrayscale Ethereum Covered Call ETFExpense ratio 0.65%1 year return −43.4%
