Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE)Derivative Income | Exchange Traded Fund | Cboe US
38.91 USD
+0.48
(1.249%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 39.00 +0.09 (0.231%) ⇧ (April 17, 2026, 7:54 p.m. EDT) Short-term: ★★★★☆ | Long-term: ★☆☆☆☆ | Dividends: ★★☆☆☆ |
Hot Take | April 18, 2026, 10:39 p.m. EDT
XDTE is a classic 'paycheck protection' vehicle offering a 38% yield, but this comes at the cost of significant 'capital preservation' risk where the fund price drift can outpace the massive dividends received. While the options flow and short-term trend suggest the underlying S&P 500 is in a collective bullish phase (4/5 short-term rating), the ETF's performance is capped by the covered call strategy. This is a strong choice for pure income generation in a sideways-to-up slow market, but a poor choice for capital growth; investors should treat the principal decay as the 'fee' for the income and rotate out when the underlying market enters a sharp bull run. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.017281 |
| AutoETS | 0.018258 |
| AutoARIMA | 0.018259 |
| AutoTheta | 0.020040 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 58% |
| H-stat | 2.28 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.096 |
| Excess Kurtosis | -0.23 |
| Attribute | Value |
|---|---|
| Trailing P/E | 27.23 |
As of April 18, 2026, 10:39 p.m. EDT: Options flow shows a distinct disconnect between call and put sentiment. Calls for the 04/17 expiry are dominated by OTM positioning (91% OI) with significant new volume at the 37.0 strike, indicating bullish speculation on immediate upside. In contrast, Puts for 04/17 show zero OTM positioning and strong ITM support at the 44.0 strike, suggesting traders are hedging downside risk in the underlying S&P 500 rather than betting on the ETF's price appreciation. As expiries move to May 15, the market flips to 100% OTM call positioning, reinforcing a bullish sentiment on the underlying index's path, while put activity remains focused on OTM protection. Implied volatility is elevated in near-term Puts (1.05 ATM) compared to Calls (0.11 ATM), signaling fear of a downside spike in the index even as options flow bets on upside.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.33% | 38.77% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-16 | 0.127 | 0.330471 |
| 2026-04-09 | 0.142 | 0.376657 |
| 2026-04-01 | 0.206 | 0.562375 |
| 2026-03-26 | 0.125 | 0.344855 |
| 2026-03-19 | 0.128 | 0.347219 |
| 2026-03-12 | 0.141 | 0.381347 |
| 2026-03-05 | 0.161 | 0.423346 |
| 2026-02-26 | 0.203 | 0.529721 |
| 2026-02-19 | 0.183 | 0.481205 |
| 2026-02-12 | 0.123 | 0.326350 |
| 2026-02-05 | 0.059 | 0.156886 |
| 2026-01-29 | 0.102 | 0.265295 |
| 2026-01-22 | 0.161 | 0.423246 |
| 2026-01-15 | 0.115 | 0.301163 |
| 2026-01-08 | 0.162 | 0.426853 |
| 2025-12-31 | 2.053 | 5.468357 |
| 2025-12-24 | 1.380 | 3.636284 |
| 2025-12-18 | 0.210 | 0.566003 |
| 2025-12-11 | 0.210 | 0.555379 |
| 2025-12-04 | 0.311 | 0.827981 |
| 2025-11-26 | 0.208 | 0.559525 |
| 2025-11-20 | 0.269 | 0.751538 |
| 2025-11-13 | 0.217 | 0.591760 |
| 2025-11-06 | 0.211 | 0.576241 |
| 2025-10-30 | 0.251 | 0.678621 |
| 2025-10-23 | 0.206 | 0.565356 |
| 2025-10-16 | 0.212 | 0.591560 |
| 2025-10-09 | 0.212 | 0.582368 |
| 2025-10-02 | 0.171 | 0.470874 |
| 2025-09-25 | 0.169 | 0.471389 |
| 2025-09-18 | 0.210 | 0.580963 |
| 2025-09-11 | 0.210 | 0.586915 |
| 2025-09-04 | 0.213 | 0.602255 |
| 2025-08-28 | 0.212 | 0.597850 |
| 2025-08-21 | 0.254 | 0.729519 |
| 2025-08-14 | 0.250 | 0.709886 |
| 2025-08-07 | 0.257 | 0.742957 |
| 2025-07-31 | 0.254 | 0.733149 |
| 2025-07-24 | 0.254 | 0.732375 |
| 2025-07-17 | 0.256 | 0.746421 |
| 2025-07-10 | 0.254 | 0.743136 |
| 2025-07-02 | 0.247 | 0.728552 |
| 2025-06-26 | 0.269 | 0.803917 |
| 2025-06-18 | 0.223 | 0.681943 |
| 2025-06-12 | 0.193 | 0.585105 |
| 2025-06-05 | 0.249 | 0.768798 |
| 2025-05-29 | 0.207 | 0.641606 |
| 2025-05-22 | 0.212 | 0.664671 |
| 2025-05-15 | 0.240 | 0.742916 |
| 2025-05-08 | 0.336 | 1.089059 |
| 2025-05-01 | 0.255 | 0.838808 |
| 2025-04-24 | 0.343 | 1.152450 |
| 2025-04-16 | 0.236 | 0.819498 |
| 2025-04-10 | 0.217 | 0.759216 |
| 2025-04-03 | 0.275 | 0.893087 |
| 2025-03-27 | 0.211 | 0.646032 |
| 2025-03-20 | 0.325 | 1.002008 |
| 2025-03-13 | 0.244 | 0.775815 |
| 2025-03-06 | 0.142 | 0.436053 |
| 2025-02-27 | 0.203 | 0.609459 |
| 2025-02-20 | 0.220 | 0.634283 |
| 2025-02-13 | 0.234 | 0.676114 |
| 2025-02-06 | 0.178 | 0.515386 |
| 2025-01-30 | 0.255 | 0.740657 |
| 2025-01-23 | 0.214 | 0.616662 |
| 2025-01-16 | 0.368 | 1.090723 |
| 2025-01-08 | 0.190 | 0.566047 |
| 2025-01-02 | 0.336 | 1.010281 |
| 2024-12-26 | 0.606 | 1.782748 |
| 2024-12-19 | 0.642 | 1.913652 |
| 2024-12-12 | 0.154 | 0.447037 |
| 2024-12-05 | 0.235 | 0.681185 |
| 2024-11-27 | 0.186 | 0.545408 |
| 2024-11-21 | 0.258 | 0.764235 |
| 2024-11-14 | 0.274 | 0.807806 |
| 2024-11-07 | 0.214 | 0.630825 |
| 2024-10-31 | 0.155 | 0.476982 |
| 2024-10-24 | 0.239 | 0.726203 |
| 2024-10-17 | 0.217 | 0.656407 |
| 2024-10-10 | 0.202 | 0.615600 |
| 2024-10-03 | 0.229 | 0.705948 |
| 2024-09-26 | 0.188 | 0.576349 |
| 2024-09-19 | 0.199 | 0.614360 |
| 2024-09-12 | 0.335 | 1.059862 |
| 2024-09-05 | 0.312 | 1.002371 |
| 2024-08-29 | 0.261 | 0.825788 |
| 2024-08-22 | 0.388 | 1.237576 |
| 2024-08-15 | 0.387 | 1.237108 |
| 2024-08-08 | 0.412 | 1.379657 |
| 2024-08-01 | 0.351 | 1.156621 |
| 2024-07-25 | 0.241 | 0.803437 |
| 2024-07-18 | 0.201 | 0.657791 |
| 2024-07-11 | 0.237 | 0.772537 |
| 2024-07-03 | 0.215 | 0.703925 |
| 2024-06-27 | 0.264 | 0.867891 |
| 2024-06-20 | 0.225 | 0.743108 |
| 2024-06-13 | 0.203 | 0.672594 |
| 2024-06-06 | 0.111 | 0.373417 |
| 2024-05-30 | 0.163 | 0.557325 |
| 2024-05-22 | 0.133 | 0.449439 |
| 2024-05-15 | 0.344 | 1.165416 |
| 2024-05-08 | 0.239 | 0.828615 |
| 2024-05-01 | 0.258 | 0.928469 |
| 2024-04-24 | 0.374 | 1.327610 |
| 2024-04-17 | 0.195 | 0.699801 |
| 2024-04-10 | 0.022 | 0.077255 |
| 2024-04-03 | 0.129 | 0.447972 |
| 2024-03-26 | 0.209 | 0.726299 |
| Attribute | Value |
|---|---|
| All Time High | 53.78 |
| All Time Low | 35.87 |
| Ask | 38.9 |
| Ask Size | 300 |
| Average Daily Volume10 Day | 198,440 |
| Average Daily Volume3 Month | 282,911 |
| Average Volume | 282,911 |
| Average Volume10Days | 198,440 |
| Beta3 Year | 0.0 |
| Bid | 38.85 |
| Bid Size | 1,400 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 38.94 |
| Day Low | 38.68 |
| Dividend Yield | 37.99 |
| Eps Trailing Twelve Months | 1.4287753 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 38.2942 |
| Fifty Day Average Change | 0.61579895 |
| Fifty Day Average Change Percent | 0.016080737 |
| Fifty Two Week Change Percent | -0.35851598 |
| Fifty Two Week High | 44.81 |
| Fifty Two Week High Change | -5.9000015 |
| Fifty Two Week High Change Percent | -0.13166706 |
| Fifty Two Week Low | 35.87 |
| Fifty Two Week Low Change | 3.040001 |
| Fifty Two Week Low Change Percent | 0.08475052 |
| Fifty Two Week Range | 35.87 - 44.81 |
| First Trade Date Milliseconds | 1,709,821,800,000 |
| Full Exchange Name | Cboe US |
| Fund Family | Roundhill Investments |
| Fund Inception Date | 1,709,683,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund seeks to achieve its investment objectives through the use of a covered call strategy that combines a long position in the S&P 500 Index (“SPX”) with a short position in SPX call options. The fund’s short position consists of SPX call options having zero days to expiration, known as “0DTE” options, when sold by the fund. The fund is non-diversified. |
| Long Name | Roundhill S&P 500 0DTE Covered Call Strategy ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1873942344 |
| Nav Price | 38.9338 |
| Net Assets | 294,482,112.0 |
| Net Expense Ratio | 0.97 |
| Open | 38.68 |
| Post Market Change | 0.09000015 |
| Post Market Change Percent | 0.2313034 |
| Post Market Price | 39.0 |
| Post Market Time | 1,776,470,068 |
| Previous Close | 38.43 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.48 |
| Regular Market Change Percent | 1.24902 |
| Regular Market Day High | 38.94 |
| Regular Market Day Low | 38.68 |
| Regular Market Day Range | 38.68 - 38.94 |
| Regular Market Open | 38.68 |
| Regular Market Previous Close | 38.43 |
| Regular Market Price | 38.91 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 376,491 |
| Short Name | Roundhill S&P 500 0DTE Covered |
| Source Interval | 15 |
| Symbol | XDTE |
| Total Assets | 294,482,112 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 27.233112 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -2.42718 |
| Trailing Three Month Returns | -2.42718 |
| Triggerable | 1 |
| Two Hundred Day Average | 41.949364 |
| Two Hundred Day Average Change | -3.0393639 |
| Two Hundred Day Average Change Percent | -0.072453156 |
| Type Disp | ETF |
| Volume | 376,491 |
| Yield | 0.3799 |
| Ytd Return | -2.42718 |