Not all covered call strategies are created equally. Roundhill’s suite of innovative zero-days-to-expiry (“0DTE”) covered call strategy ETFs – including XDTE, QDTE, and RDTE – offer differentiated returns by capturing overnight returns and selling 0DTE calls each morning. As a result of this innovative strategy, Roundhill 0DTE funds can offer compelling returns in the right market environment.
Since common inception, the Roundhill S&P 500® 0DTE Covered Call Strategy ETF XDTE has outperformed SPY, as well as its direct peers. XDTE seeks to provide current income on a weekly basis, while also providing exposure to the return of the S&P 500 Index.
XDTE = Roundhill S&P 500® 0DTE Covered Call Strategy ETF / ISPY = ProShares S&P 500 High Income ETF / SPY = SPDR® S&P 500® ETF Trust / SPYI = NEOS S&P 500 High Income ETF / XYLD = Global X S&P 500® Covered Call ETF / WDTE = Defiance S&P 500 Enhanced Options & 0DTE Income ETF
The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For the most recent month-end performance, please call 646-661-5441 or visit the Fund’s website at www.roundhillinvestments.com/etf/xdte.
ETF Discussion
Past performance does not guarantee future results. Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made solely on returns. The standardized performance of each ticker is shown below.
Liquidity: Because these Funds are ETFs, only a limited number of institutional investors (known as “Authorized Participants”) are authorized to purchase and redeem shares directly from the Fund. In addition, there may be a limited number of market makers and/or liquidity providers in the marketplace. To the extent either of the following events occur, shares of the Fund may trade at a material discount to their net asset value (“NAV”) per share and possibly face delisting: (i) Authorized Participants exit the business or otherwise become unable to process creation and/or redemption orders and no other Authorized Participants step forward to perform these services, or (ii) market makers and/or liquidity providers exit the business or significantly reduce their business activities and no other entities step forward to perform their functions.
Guarantees or Insurance: An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
The ETFs shown are not meant to be a representative sample of all equity income ETFs. All funds shown are managed differently and do not react the same to economic or market events. The investment objectives, strategies, policies or restrictions of other funds may differ, and more information can be found in their respective prospectuses. Therefore, we generally do not believe it is possible to make direct fund comparisons in an effort to highlight the benefits of a fund versus another.
Roundhill S&P 500® 0DTE Covered Call Strategy ETF (XDTE):
Investment Objective: The Fund’s primary investment objective is to provide current income. The Fund’s secondary investment objective is to provide capital appreciation. The Fund seeks to achieve its investment objectives through the use of a synthetic covered call strategy that provides current income on a weekly basis, while also providing exposure to the price return of the S&P 500® Index.
Expense Ratio: 0.95%
Defiance S&P 500 Enhanced Options & 0DTE Income ETF (WDTE):
Investment Objective: The Fund’s primary investment objective is to seek current income. The Fund’s secondary investment objective is to seek exposure to the performance of the S&P 500 Index subject to a limit on potential investment gains.
Expense Ratio: 0.99%
NEOS S&P 500 High Income ETF (SPYI):
Investment Objective: The NEOS S&P 500® High Income ETF seeks to generate high monthly income in a tax efficient manner with the potential for equity appreciation in rising markets.
Expense Ratio: 0.68%
Global X S&P 500® Covered Call ETF (XYLD):
Investment Objective: The Global X S&P 500® Covered Call ETF seeks investment results that, before fees and expenses, generally correspond to the performance of the CBOE S&P 500 BuyWrite Index.
Expense Ratio: 0.60%
ProShares S&P 500 High Income ETF (ISPY):
Investment Objective: ProShares S&P 500 High Income ETF seeks investment results, before fees and expenses, that track the performance of the S&P 500 Daily Covered Call Index.
Expense Ratio: 0.55%
SPDR® S&P 500® ETF Trust (SPY):
Investment Objective: The SPDR® S&P 500® ETF Trust seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500® Index.
Expense Ratio: 0.0945%
Performance for periods greater than one year shown annualized. The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For the most recent month-end performance, please call 646-661-5441 or visit the Fund’s website at www.roundhillinvestments.com/etf/xdte.
