Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY)Derivative Income | Exchange Traded Fund | NYSEArca
52.30 USD
-0.09
(-0.172%) ⇩
(April 20, 2026, 3:59 p.m.
EDT)
Short-term: ★★★★★ | Long-term: ★★★☆☆ | Dividends: ★★★☆☆ |
Hot Take | April 19, 2026, midnight EDT
XPAY is an exceptional short-term momentum play (0-1H) with its price recently surging 12.6% in 14 days, trading above the 50-day MA with high relative volume, driven by strong demand for high-yield structured products. However, the long-term rating is capped at neutral (3) due to the inherent risk of ETF volatility on covered calls combined with record-high valuation relative to the S&P 500 target; while the dividend yield is exceptionally high (~23%), the payout ratio likely exceeds 100% given the modest Z-something z-score, meaning distributions are funded by capital losses rather than earnings, limiting its sustainability as a multi-year hold. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.018883 |
| AutoETS | 0.019127 |
| AutoARIMA | 0.019154 |
| AutoTheta | 0.026719 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 47% |
| H-stat | 6.11 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.085 |
| Excess Kurtosis | -0.08 |
| Attribute | Value |
|---|---|
| Trailing P/E | 27.56 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.80% | 23.41% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-08 | 0.900 | 1.803607 |
| 2026-03-11 | 0.900 | 1.807624 |
| 2026-02-11 | 0.900 | 1.762448 |
| 2026-01-14 | 0.900 | 1.765739 |
| 2025-12-10 | 0.953 | 1.883019 |
| 2025-11-12 | 0.953 | 1.892225 |
| 2025-10-08 | 0.953 | 1.921202 |
| 2025-09-10 | 0.953 | 1.984920 |
| 2025-08-06 | 0.953 | 2.046507 |
| 2025-07-09 | 0.953 | 2.074285 |
| 2025-06-11 | 0.953 | 2.157479 |
| 2025-05-07 | 0.953 | 2.307179 |
| 2025-04-09 | 0.953 | 2.382639 |
| 2025-03-12 | 0.953 | 2.321406 |
| 2025-02-12 | 0.953 | 2.150768 |
| 2025-01-08 | 0.953 | 2.199033 |
| 2024-12-11 | 0.972 | 2.186733 |
| 2024-11-06 | 0.972 | 2.243160 |
| Attribute | Value |
|---|---|
| All Time High | 62.56 |
| All Time Low | 44.53 |
| Ask | 0.0 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 55,150 |
| Average Daily Volume3 Month | 73,418 |
| Average Volume | 73,418 |
| Average Volume10Days | 55,150 |
| Beta3 Year | 0.0 |
| Bid | 0.0 |
| Bid Size | 700 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 52.5864 |
| Day Low | 52.1501 |
| Dividend Yield | 23.05 |
| Eps Trailing Twelve Months | 1.897542 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 51.02432 |
| Fifty Day Average Change | 1.2756805 |
| Fifty Day Average Change Percent | 0.025001422 |
| Fifty Two Week Change Percent | 9.320461 |
| Fifty Two Week High | 56.51 |
| Fifty Two Week High Change | -4.209999 |
| Fifty Two Week High Change Percent | -0.07450008 |
| Fifty Two Week Low | 47.32 |
| Fifty Two Week Low Change | 4.9799995 |
| Fifty Two Week Low Change Percent | 0.105240904 |
| Fifty Two Week Range | 47.32 - 56.51 |
| First Trade Date Milliseconds | 1,730,381,400,000 |
| Full Exchange Name | NYSEArca |
| 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 | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1884672180 |
| Nav Price | 52.3726 |
| Net Assets | 122,263,648.0 |
| Net Expense Ratio | 0.49 |
| Open | 52.44 |
| Pre Market Change | -0.040000916 |
| Pre Market Change Percent | -0.076483585 |
| Pre Market Price | 52.26 |
| Pre Market Time | 1,776,770,520 |
| Previous Close | 52.39 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.0900002 |
| Regular Market Change Percent | -0.171789 |
| Regular Market Day High | 52.5864 |
| Regular Market Day Low | 52.1501 |
| Regular Market Day Range | 52.1501 - 52.5864 |
| Regular Market Open | 52.44 |
| Regular Market Previous Close | 52.39 |
| Regular Market Price | 52.3 |
| Regular Market Time | 1,776,715,192 |
| Regular Market Volume | 33,278 |
| Short Name | Roundhill S&P 500 Target 20 Man |
| Source Interval | 15 |
| Symbol | XPAY |
| Total Assets | 122,263,648 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 27.561972 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -4.64083 |
| Trailing Three Month Returns | -4.64083 |
| Triggerable | 1 |
| Two Hundred Day Average | 53.589855 |
| Two Hundred Day Average Change | -1.289856 |
| Two Hundred Day Average Change Percent | -0.024069032 |
| Type Disp | ETF |
| Volume | 33,278 |
| Yield | 0.2305 |
| Ytd Return | -4.64083 |