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Issuer
Roundhill
Inception Date
Mar 6, 2024
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity
Assets Under Management
$865M

Share Price Chart


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Performance

QDTE Performance Chart

Roundhill Innovation-100 0DTE Covered Call Strategy ETF (QDTE) is up 12.2% since the beginning of the year. QDTE is currently trading at $30 per share.


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S&P 500 Index

Returns By Period

Roundhill Innovation-100 0DTE Covered Call Strategy ETF (QDTE) has returned 12.21% so far this year and 31.05% over the past 12 months.


Roundhill Innovation-100 0DTE Covered Call Strategy ETF

1D
-0.36%
1M
-0.53%
YTD
12.21%
6M
10.80%
1Y
31.05%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
-0.10%
1M
-1.54%
YTD
7.49%
6M
6.15%
1Y
20.78%
3Y*
19.17%
5Y*
11.44%
10Y*
13.70%
*Multi-year figures are annualized to reflect compound growth (CAGR)

QDTE Monthly Returns History

Based on dividend-adjusted daily data since Mar 7, 2024, QDTE's average daily return is +0.09%, while the average monthly return is +1.73%. At this rate, an investment would double in approximately 3.4 years.

Historically, 61% of months were positive and 39% were negative. The best month was Apr 2026 with a return of +12.0%, while the worst month was Mar 2025 at -6.0%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.

On a daily basis, QDTE closed higher 58% of trading days. The best single day was Apr 9, 2025 with a return of +5.2%, while the worst single day was Apr 4, 2025 at -6.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.51%-1.25%-5.56%12.02%9.25%-3.15%12.21%
20252.81%-2.80%-5.97%-5.21%9.76%6.96%2.88%1.08%4.96%4.41%-0.44%0.59%19.32%
20240.57%-4.86%6.40%5.49%-0.91%2.32%3.66%-0.22%5.50%-1.43%17.13%

Benchmark Metrics

Roundhill Innovation-100 0DTE Covered Call Strategy ETF has an annualized alpha of 2.63%, beta of 1.10, and R2 of 0.85 versus S&P 500 Index. Calculated based on daily prices since March 07, 2024.

  • This ETF captured 129.03% of S&P 500 Index gains and 118.42% of its losses - amplifying both gains and losses, but participating more in upside than downside.
  • This ETF generated an annualized alpha of 2.63% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
  • With beta of 1.10 and R2 of 0.85, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha
2.63%
Beta
1.10
0.85
Upside Capture
129.03%
Downside Capture
118.42%

Expense Ratio

QDTE has a high expense ratio of 0.97%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

QDTE ranks 64 for risk / return — better than 64% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


QDTE Risk / Return Rank: 6464
Overall Rank
QDTE Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
QDTE Sortino Ratio Rank: 5656
Sortino Ratio Rank
QDTE Omega Ratio Rank: 6262
Omega Ratio Rank
QDTE Calmar Ratio Rank: 6868
Calmar Ratio Rank
QDTE Martin Ratio Rank: 7171
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Roundhill Innovation-100 0DTE Covered Call Strategy ETF (QDTE) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


QDTEBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.21

Sortino ratioReturn per unit of downside risk

+0.12

Omega ratioGain probability vs. loss probability

1.34

1.30

+0.03

Calmar ratioReturn relative to maximum drawdown

3.06

2.29

+0.76

Martin ratioReturn relative to average drawdown

11.78

10.15

+1.63

Dividends

Dividend History

Roundhill Innovation-100 0DTE Covered Call Strategy ETF provided a 44.39% dividend yield over the last twelve months, with an annual payout of $13.50 per share.


35.00%40.00%45.00%50.00%$0.00$5.00$10.00$15.0020242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend$13.50$15.26$12.84

Dividend yield

44.39%49.49%32.09%

Monthly Dividends

The table displays the monthly dividend distributions for Roundhill Innovation-100 0DTE Covered Call Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.55$0.70$0.62$0.68$0.83$0.51$3.90
2025$1.25$0.99$0.90$0.88$1.09$0.80$1.18$0.92$0.89$1.05$0.89$4.43$15.26
2024$0.36$1.02$1.36$1.03$1.21$2.35$1.23$1.22$0.99$2.07$12.84

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Roundhill Innovation-100 0DTE Covered Call Strategy ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Roundhill Innovation-100 0DTE Covered Call Strategy ETF was 22.86%, occurring on Apr 21, 2025. Recovery took 60 trading sessions.

The current Roundhill Innovation-100 0DTE Covered Call Strategy ETF drawdown is 3.90%.


Related event

Drawdown

Fall

Recovery

Underwater

2025 selloff2025
-22.86%Apr 2025
2mo2mo 27d
4mo 27dFeb 2025 - Jul 2025
2024 correction2024
-10.74%Aug 2024
25d1mo 15d
2mo 10dJul 2024 - Sep 2024
2026 correction2026
-10.20%Mar 2026
2mo18d
2mo 18dJan 2026 - Apr 2026
2024 pullback2024
-6.70%Apr 2024
1mo 12d26d
2mo 8dMar 2024 - May 2024
2025 pullback2025
-6.48%Nov 2025
21d15d
1mo 6dOct 2025 - Dec 2025

Drawdown Indicators


QDTEBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-22.86%

-56.78%

+33.92%

Max Drawdown (1Y)

Largest decline over 1 year

-10.20%

-9.10%

-1.10%

Max Drawdown (3Y)

Largest decline over 3 years

-18.90%

Max Drawdown (5Y)

Largest decline over 5 years

-25.43%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-3.90%

-3.31%

-0.59%

Average Drawdown

Average peak-to-trough decline

-3.13%

-10.71%

+7.58%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.64%

2.05%

+0.59%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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