RDTE

Roundhill Russell 2000 0DTE Covered Call Strategy ETF

RDTE

Market cap $156M

Overview Fund Activity

33.80 USD

+0.20

0.6%

At close Updated Sep 17, 4:00 PM EDT

1 day

0.6%

5 days

1.2%

1 month

0.99%

3 months

0.18%

6 months

-7.78%

Year to date

-17.24%

1 year

-23.62%

5 years

-19.52%

10 years

-19.52%

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

0% more repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 1

2.43% less ownership

Funds ownership: 3.51% [Q1] → 1.08% (-2.43%) [Q2]

44% less funds holding

Funds holding: 9 [Q1] → 5 (-4) [Q2]

67% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 6

70% less capital invested

Capital invested by funds: $5.05M [Q1] → $1.49M (-$3.56M) [Q2]

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $342K

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Financial journalist opinion

RDTE Provides High Income On The Russell 2000 Index

The Roundhill Russell 2000 0DTE Covered Call Strategy ETF (RDTE) offers a high 41.5% yield via a synthetic covered call strategy on the Russell 2000 Index. RDTE outperforms the Russell 2000 and peer covered call ETFs in flat or declining markets, but may lag during strong bull runs due to capped upside. Distributions are sourced from return of capital, making RDTE especially attractive for taxable accounts, retirees, and estate planning strategies.

RDTE Provides High Income On The Russell 2000 Index

RDTE: Strategy Aligns Perfectly With Small Cap Behavior

RDTE offers a unique covered call strategy on the Russell 2000, capturing upside and generating high income with weekly payouts. Despite a 20% NAV drop since inception, RDTE maintains aggressive ~32% yield, blending option income with capital return for stable dividends. RDTE has outperformed both IWM and RYLD, thanks to its overnight naked position and effective option writing, especially in gradual small-cap markets.

RDTE: Strategy Aligns Perfectly With Small Cap Behavior

Roundhill Announces Distribution Calendar Changes: ETF Lineup to Offer Distributions Every Weekday

YETH will seek to pay weekly distributions starting in July; YBTC and YETH will now trade ex-dividend each Wednesday and pay on Thursday. NEW YORK , June 16, 2025 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, announced today that the Roundhill Ether Covered Call Strategy ETF (YETH) will transition from monthly to weekly distributions.

Roundhill Announces Distribution Calendar Changes: ETF Lineup to Offer Distributions Every Weekday

RDTE: Options Do Not Save Stocks

Despite its complex options strategy, RDTE's total return performance is shown to be very similar to the underlying Russell 2000 index (represented by IWM). RDTE generates a very high distribution yield (e.g., over 40%) by selling daily 0DTE call options on the Russell 2000. However, this is largely a return of principal. RDTE creates its Russell 2000 exposure synthetically using deep in-the-money call options, rather than holding the individual stocks. It then sells daily 0DTE (zero-day-to-expiry) out-of-the-money calls against this exposure.

RDTE: Options Do Not Save Stocks

RDTE: Not An Ideal Time To Focus On Small-Cap Income (Rating Downgrade)

RDTE's strategy of selling 0DTE options and offering high distributions has led to a significant decline in price, underperforming traditional small-cap ETFs. The current high-interest rate environment and market volatility have negatively impacted RDTE, making it difficult for the fund to generate sufficient income. Despite a high dividend yield, RDTE's distributions are entirely from return of capital, indicating the underlying strategy isn't sustainable.

RDTE: Not An Ideal Time To Focus On Small-Cap Income (Rating Downgrade)

RDTE: Small Caps And Income Are 2 Of My Favorite Things

RDTE offers high yield and outperformance of the Russell 2000 through a unique 0DTE covered call strategy, making it a compelling income vehicle. The fund's impressive 34% distribution rate, though volatile, provides favorable tax treatment through return-of-capital distributions, enhancing its appeal for income-focused investors. I recommend RDTE for aggressive income investors with up to a 5% allocation, and moderate to conservative investors with 3% and 2% allocations respectively.

RDTE: Small Caps And Income Are 2 Of My Favorite Things

Roundhill Investments Announces XDTE, QDTE and RDTE Distributions for December 27, 2024

NEW YORK, Dec. 24, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, has announced the following ETF distributions for XDTE, QDTE, and RDTE.

Roundhill Investments Announces XDTE, QDTE and RDTE Distributions for December 27, 2024

Roundhill Investments Announces XDTE, QDTE and RDTE Distributions for December 6, 2024

NEW YORK , Dec. 4, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, has announced the following ETF distributions for XDTE, QDTE, and RDTE. Fund Name Ticker Distribution Per Share (%)* Distribution Per Share 30-Day SEC Yield** Ex-Date Pay Date Roundhill S&P 500 0DTE Covered Call Strategy ETF XDTE 0.45 % $0.235192 -0.47 % 12/5/24 12/6/24 Roundhill Innovation-100 0DTE Covered Call Strategy ETF QDTE 0.55 % $0.235937 -0.49 % 12/5/24 12/6/24 Roundhill Small Cap 0DTE Covered Call Strategy ETF RDTE 0.63 % $0.282640 -0.40 % 12/5/24 12/6/24 The 30-Day SEC Yield** (as of 11/30/24) for the Roundhill S&P 500® 0DTE Covered Call Strategy ETF, the Roundhill Innovation-100 0DTE Covered Call Strategy ETF and the Roundhill Small Cap 0DTE Covered Call Strategy ETF are -0.47%, -0.49%, and -0.40%, respectively.

Roundhill Investments Announces XDTE, QDTE and RDTE Distributions for December 6, 2024

Roundhill Investments Announces XDTE, QDTE and RDTE Distributions for November 29, 2024

NEW YORK , Nov. 26, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, has announced the following ETF distributions for XDTE, QDTE, and RDTE. Fund Name Ticker Distribution Per Share (%)* Distribution Per Share 30-Day SEC Yield** Ex-Date Pay Date Roundhill S&P 500 0DTE Covered Call Strategy ETF XDTE 0.35 % $0.185623 -0.51 % 11/27/24 11/29/24 Roundhill Innovation-100 0DTE Covered Call Strategy ETF QDTE 0.52 % $0.221139 -0.51 % 11/27/24 11/29/24 Roundhill Small Cap 0DTE Covered Call Strategy ETF RDTE 0.75 % $0.327406 -0.49 % 11/27/24 11/29/24 The 30-Day SEC Yield** (as of 10/31/24) for the Roundhill S&P 500® 0DTE Covered Call Strategy ETF, the Roundhill Innovation-100 0DTE Covered Call Strategy ETF and the Roundhill Small Cap 0DTE Covered Call Strategy ETF are -0.51%, -0.51%, and -0.49%, respectively.

Roundhill Investments Announces XDTE, QDTE and RDTE Distributions for November 29, 2024

RDTE: High Yield Covered Call Fund With Small-Cap Exposure

Goldman Sachs predicts a 3% annual return for the S&P 500 over the next decade, making income-focused strategies like RDTE's covered call ETF appealing. RDTE offers a high dividend yield with weekly distributions but lacks underlying equities, relying on synthetic covered call strategies, which may limit price stability. RDTE's heavy reliance on return of capital for distributions raises concerns about the sustainability of its high yield and potential for future dividend cuts.

RDTE: High Yield Covered Call Fund With Small-Cap Exposure

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