Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY)Derivative Income | Exchange Traded Fund | NYSEArca
51.33 USD
-0.71
(-1.365%) ⇩
(Oct. 14, 2026, 2:46 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 1:51 a.m. EDT
The most compelling feature here is the massive 20% yield, which is exceptionally attractive for income-focused investors seeking monthly distributions. However, this high payout is entirely driven by the fund's aggressive 'managed distribution' strategy rather than robust underlying earnings growth, creating a classic high-yield trap scenario where the yield is artificially inflated. Fundamentally, the security is a newly listed instrument with no multi-year price history to evaluate long-term performance trends, rendering any assessment of its historical trajectory impossible. While the recent price action shows the fund trading near its 50-day and 200-day averages with minimal momentum, the lack of a proven track record prevents assigning a bullish long-term rating despite the attractive current income. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.016807 |
| MSTL | 0.017070 |
| AutoARIMA | 0.017261 |
| AutoTheta | 0.017483 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 61% |
| H-stat | 0.34 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.489 |
| Excess Kurtosis | -0.87 |
| Attribute | Value |
|---|---|
| Trailing P/E | 23.94 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.74% | 18.99% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-09 | 0.900 | 1.738123 |
| 2026-08-12 | 0.900 | 1.686657 |
| 2026-07-08 | 0.900 | 1.715593 |
| 2026-06-10 | 0.900 | 1.733770 |
| 2026-05-13 | 0.900 | 1.667284 |
| 2026-04-08 | 0.900 | 1.803607 |
| 2026-03-11 | 0.900 | 1.774798 |
| 2026-02-11 | 0.900 | 1.700359 |
| 2026-01-14 | 0.900 | 1.675042 |
| 2025-12-10 | 0.953 | 1.757006 |
| 2025-11-12 | 0.953 | 1.734935 |
| 2025-10-08 | 0.953 | 1.731468 |
| 2025-09-10 | 0.953 | 1.758303 |
| 2025-08-06 | 0.953 | 1.781475 |
| 2025-07-09 | 0.953 | 1.773848 |
| 2025-06-11 | 0.953 | 1.812683 |
| 2025-05-07 | 0.953 | 1.904096 |
| 2025-04-09 | 0.953 | 1.929462 |
| 2025-03-12 | 0.953 | 1.841190 |
| 2025-02-12 | 0.953 | 1.674868 |
| 2025-01-08 | 0.953 | 1.684341 |
| 2024-12-11 | 0.972 | 1.647178 |
| 2024-11-06 | 0.972 | 1.662164 |
| Attribute | Value |
|---|---|
| All Time High | 62.56 |
| All Time Low | 44.53 |
| Ask | 51.44 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 35,150 |
| Average Daily Volume3 Month | 44,559 |
| Average Volume | 44,559 |
| Average Volume10Days | 35,150 |
| Beta3 Year | 0.0 |
| Bid | 51.31 |
| Bid Size | 200 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 51.87 |
| Day Low | 51.3 |
| Display Name | S&P 500 Trgt 20 Managed ETF |
| Dividend Yield | 0.0 |
| Eps Trailing Twelve Months | 2.1445081 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 52.80724 |
| Fifty Day Average Change | -1.4772377 |
| Fifty Day Average Change Percent | -0.027974151 |
| Fifty Two Week Change Percent | -2.6480317 |
| Fifty Two Week High | 56.51 |
| Fifty Two Week High Change | -5.1799965 |
| Fifty Two Week High Change Percent | -0.091665134 |
| Fifty Two Week Low | 47.35 |
| Fifty Two Week Low Change | 3.9800034 |
| Fifty Two Week Low Change Percent | 0.084054984 |
| Fifty Two Week Range | 47.35 - 56.51 |
| First Trade Date Milliseconds | 1,730,381,400,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.01499939 |
| Fullday Change Percent | -0.028362276 |
| Fullday Price | 51.33 |
| Fund Family | Roundhill Investments |
| Fund Inception Date | 1,730,246,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in SPY FLEX Options. The fund is non-diversified. |
| Long Name | Roundhill S&P 500 Target 20 Managed Distribution ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1884672180 |
| Nav Price | 52.8876 |
| Net Assets | 180,639,008.0 |
| Net Expense Ratio | 0.49 |
| Open | 51.97 |
| Previous Close | 52.0405 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.7104988 |
| Regular Market Change Percent | -1.3652805 |
| Regular Market Day High | 51.87 |
| Regular Market Day Low | 51.3 |
| Regular Market Day Range | 51.3 - 51.87 |
| Regular Market Open | 51.97 |
| Regular Market Previous Close | 52.0405 |
| Regular Market Price | 51.33 |
| Regular Market Time | 1,792,003,594 |
| Regular Market Volume | 64,858 |
| Short Name | Roundhill S&P 500 Target 20 Man |
| Source Interval | 15 |
| Symbol | XPAY |
| Total Assets | 180,639,008 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 23.93556 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 2.31217 |
| Trailing Three Month Returns | 2.31217 |
| Triggerable | 1 |
| Two Hundred Day Average | 52.69336 |
| Two Hundred Day Average Change | -1.3633575 |
| Two Hundred Day Average Change Percent | -0.025873423 |
| Type Disp | ETF |
| Volume | 64,858 |
| Yield | 0.0 |
| Ytd Return | 12.14788 |