RDTE vs RYLD: Grades, Fees and Holdings Compared

Roundhill Russell 2000 0DTE Covered Call Strategy ETF

RDTECCboe

Global X Russell 2000 Covered Call ETF

RYLDANYSE Arca

Overlap

0.0%by weight

Expense ratio

RYLD −0.37pt a year

RDTE0.97%RYLD0.60%

Avg volume · 30D

RYLD 4.5×the volume

RDTE112KRYLD504K

RDTE vs RYLD Performance

Oct 31, 2025 – Oct 30, 2026

+14.3%RDTE+12.1%RYLD

Expense ratio: RDTE 0.97%; RYLD 0.60%, better
Fund size: RDTE $153M; RYLD $1.3B
1Y total return: RDTE +14.3%, better; RYLD +12.1%
Yield (12M): RDTE 42.51%, better; RYLD 12.18%
Holdings: RDTE 4; RYLD 6
Avg volume (30D): RDTE 112K sh; RYLD 504K sh, better
NAV per share: RDTE $25.85; RYLD $15.30
52W range

ETF.net Grade

Pillar letters and Scores for RDTE, RYLD, with each pillar’s weight
Pillar	RDTE	RYLD
Cost30% weight	D30	A72Higher
Mission25% weight	A70	A97Higher
Risk15% weight	D35	B63Higher
Tradability15% weight	B56	A83Higher
Holdings10% weight	D37	C45Higher
Durability5% weight	B57	A86Higher

Rank among Russell 2000 Option Income funds

How we build Categories ›

Same Category. RDTE and RYLD are both graded against the same 9 Russell 2000 Option Income funds, so their Grades compare head to head.

Russell 2000 Option Income⁠

Category · 9 funds

See all 9 ›

RYLD ranks 1st and RDTE 7th of 9 funds in the Russell 2000 Option Income Category.

Rank 1ARYLDGlobal X Russell 2000 Covered Call ETFScore 76
Rank 2AIWMWiShares Russell 2000 BuyWrite ETFScore 71
Rank 6CCPRACalamos Russell 2000 Structured Alt Protection ETF – AprilScore 47
Rank 7CRDTERoundhill Russell 2000 0DTE Covered Call Strategy ETFScore 46
Rank 8DIWMYR2000 Weekly Distribution ETFScore 36

Our read on each fund

ETF.net Research

RDTECRoundhill Russell 2000 0DTE Covered Call Strategy ETF

RYLDAGlobal X Russell 2000 Covered Call ETF

In short

RDTE Roundhill took its 0DTE playbook to small caps. RDTE writes same-day-expiring calls against synthetic Russell 2000 exposure, aiming to convert daily option premium into a weekly income stream.

RYLD The veteran of small-cap options income. Launched in 2019 and now a multi-billion-dollar fund, it owns the Russell 2000 and sells calls against it, swapping some upside for a monthly check.

Stated mandate

RDTE The Fund primarily seeks current income and secondarily seeks capital appreciation. It uses a synthetic covered-call strategy to generate weekly income while providing exposure to the Russell 2000 Index’s price return.

RYLD The Fund is designed to track the price and yield performance of the Cboe Russell 2000 BuyWrite Index before fees and expenses.

Why people hold it

RDTE The 0DTE mechanic is the whole point: calls that expire the same day, written against small-cap exposure, rather than the monthly options most covered-call funds use.
Income is the stated first priority, and the prospectus sets a weekly distribution rhythm rather than the usual monthly one.
Synthetic construction: it reaches for the Russell 2000's price return through options instead of carrying the full small-cap basket.

RYLD 0.60% a year undercuts the median fee among Russell 2000 income funds, and comes in below NEOS's IWMI at 0.76%.
Simple, legible machine: track the Cboe Russell 2000 BuyWrite Index, own the small caps, sell the calls, pay out monthly.
One of the stronger implementations in its Russell 2000 income group, backed by active trading and a multi-billion-dollar asset base.

Worth knowing

RDTE At 0.97% it sits above the 0.76% median for Russell 2000 option-income funds. RYLG (0.35%) and IWMW (0.39%) write calls on the same benchmark for far less.
Selling calls trades away part of any rally while small-cap drawdowns still come through. Capital appreciation is the secondary goal, not the first one.
It launched in September 2024, so its live record is short next to longer-tenured Russell 2000 income funds.

RYLD A buy-write trades away the melt-up. When small caps rip, the called-away shares mean the premium is most of what you get.
Cheaper Russell 2000 call-writers exist: iShares' IWMW at 0.39% and Global X's own RYLG at 0.35%.
The monthly payment is option premium, not a coupon. It rises and falls with small-cap volatility rather than arriving at a set rate.

Full RDTE profile⁠

Full RYLD profile⁠

RDTE vs RYLD Holdings

As of Oct 13, 2026

How RDTE and RYLD differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of RDTE and 0.0% of RYLD.

Level by level

Holdings0 in both0.0%
Sector11 Sectors98.7%
Asset classEquity100%
Countryby domicile100%

Sector

Sector weights in RDTE and RYLD, widest gap first
Sector	More in RDTEMore in RYLD	RDTE	RYLD
Technology	RDTE +0.4 points	14.5%	14.1%
Industrials	RDTE +0.5 points	13.3%	12.8%
Financials	RYLD +0.4 points	18.0%	18.4%
Consumer Discretionary	RYLD +0.4 points	8.6%	9.0%
Materials	RDTE +0.2 points	4.3%	4.1%
Health Care	RDTE +0.1 points	20.9%	20.8%
Consumer Staples	RYLD +0.1 points	2.6%	2.7%
Real Estate	RYLD +0.1 points	6.4%	6.5%
Utilities	RYLD +0.1 points	2.7%	2.8%
Communication	Same weight	2.3%	2.3%
Energy	Same weight	6.4%	6.4%

Country, concentration and asset class

Country by domicile

Country weights in RDTE and RYLD, widest gap first
Country	More in RDTEMore in RYLD	RDTE	RYLD
United States	Same weight	98.4%	98.4%
Brazil	Same weight	0.6%	0.6%
Switzerland	Same weight	0.3%	0.3%
Canada	Same weight	0.2%	0.2%
United Kingdom	Same weight	0.2%	0.2%
Taiwan	Same weight	0.1%	0.1%
Norway	RDTE +0.1 points	0.1%	0.0%
Singapore	Same weight	0.1%	0.1%
Other countries (5)	Same weight	0.1%	0.1%

Concentration

Weight in the 10 largest Holdings

RDTE100.0%
RYLD100.1%

Securities held

RDTE3
RYLD4

Asset class

RDTE: Equity
RYLD: Equity

Holdings

Only in RDTE3
In both0
Only in RYLD4

Only in RDTE

3 securities, 99.6% of RDTE by weight

Iwm 11/19/2027 27.81 C89.61%
Roundhill Weekly T-Bill ETF6.84%
First American Government Obligations Fund 12/01/20313.14%

Only in RYLD

4 securities, 100% of RYLD by weight

Global X Russell 2000 Etf100.04%
Inhibrx Inc<0.01%
Novartis AG - Cvr<0.01%
Cartesian Therapeutics Inc0.00%

Weight gaps

RDTE and RYLD share no securities.

All 4 RDTE holdings⁠All 8 RYLD holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

RDTE vs RYLD Cost

Overpaying RDTE vs RYLD

$6,381

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

RDTE 0.97%
$18,198
RYLD 0.60%
$11,817

Amount$10,000

Years30 years

Cost over time

RDTE 0.97%
RYLD 0.60%
Overpaying

Year by year

Year	RDTE	RYLD	Overpaying
10	$1,712	$1,076	$636
20	$6,443	$4,116	$2,327
30	$18,198	$11,817	$6,381

Expense ratio

0.97%RDTE
0.60%RYLD, cheaper

RYLD0.60%RDTE0.97%

0.35%1.73%

Middle half of Russell 2000 Option Income funds
Median 0.69%

RYLD 3rd cheapest of 9 funds

RDTE 7th cheapest of 9 funds

RDTE vs RYLD Dividends

Last 12 months to Oct 30, 2026

Yield (12M): RDTE 42.51%, better; RYLD 12.18%
Payout (12M): RDTE $10.97; RYLD $1.87
Last payment: RDTE $0.08; RYLD $0.15
Ex-dividend: RDTE Oct 29, 2026; RYLD Oct 19, 2026
Paid on: RDTE Oct 30, 2026; RYLD Oct 22, 2026
Frequency: RDTE Weekly; RYLD Monthly

Distribution history

Per share, 2026, same scale for both

RDTEWeekly · 43 paymentsAll RDTE payments⁠

RYLDMonthly · 10 paymentsAll RYLD payments⁠

RDTE vs RYLD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: RDTE 16.2%since Oct 2024RYLD 8.7%
Return per unit of riskSharpe ratio, 3 years: RDTE 0.56since Oct 2024RYLD 0.73
Worst fallMax drawdown, 5 years: RDTE −24.2%since Sep 2024RYLD −21.4%
Market sensitivityBeta, 5 years: RDTE 1.04RYLD 0.54; Market = 1

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