Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE)
The ETF aims to generate weekly income through a synthetic covered call strategy while providing exposure to the Russell 2000 Index. It seeks to offer overnight exposure to the index and generate income by selling out-of-the-money 0DTE calls on the same index.
ETF Info
US77926X8258
77926X825
Sep 9, 2024
No Index (Active)
Distributing
Expense Ratio
RDTE has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Roundhill Small Cap 0DTE Covered Call Strategy ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
RDTE
N/A
-3.69%
N/A
N/A
N/A
N/A
^GSPC (Benchmark)
26.63%
1.18%
10.44%
27.03%
13.30%
11.23%
Monthly Returns
The table below presents the monthly returns of RDTE, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 7.35% | -1.59% | 10.20% | 9.96% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
Roundhill Small Cap 0DTE Covered Call Strategy ETF provided a 9.87% dividend yield over the last twelve months, with an annual payout of $4.15 per share.
| Period | TTM |
|---|---|
| Dividend | $4.15 |
Dividend yield | 9.87% |
Monthly Dividends
The table displays the monthly dividend distributions for Roundhill Small Cap 0DTE Covered Call Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.36 | $1.54 | $1.34 | $0.92 | $4.15 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Roundhill Small Cap 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 Small Cap 0DTE Covered Call Strategy ETF was 7.51%, occurring on Dec 19, 2024. The portfolio has not yet recovered.
The current Roundhill Small Cap 0DTE Covered Call Strategy ETF drawdown is 5.63%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -7.51% | Dec 3, 2024 | 13 | Dec 19, 2024 | — | — | — |
| -4.7% | Nov 12, 2024 | 6 | Nov 19, 2024 | 7 | Nov 29, 2024 | 13 |
| -2.68% | Oct 17, 2024 | 11 | Oct 31, 2024 | 4 | Nov 6, 2024 | 15 |
| -2.1% | Sep 20, 2024 | 10 | Oct 3, 2024 | 9 | Oct 16, 2024 | 19 |
Volatility
Volatility Chart
The current Roundhill Small Cap 0DTE Covered Call Strategy ETF volatility is 5.55%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.