- ISIN
- US77926X8258
- CUSIP
- 77926X825
- Issuer
- Roundhill
- Inception Date
- Sep 10, 2024
- Region
- North America (U.S.)
- Category
- Derivative Income
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Alternatives
- Asset Class Size
- Small-Cap
- Assets Under Management
- $160M
Share Price Chart
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Performance
RDTE Performance Chart
Roundhill Russell 2000 0DTE Covered Call Strategy ETF (RDTE) is up 18.0% since the beginning of the year. RDTE is currently trading at $29 per share.
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Returns By Period
Roundhill Russell 2000 0DTE Covered Call Strategy ETF (RDTE) has returned 18.03% so far this year and 32.40% over the past 12 months.
Roundhill Russell 2000 0DTE Covered Call Strategy ETF
- 1D
- 1.03%
- 1M
- 6.25%
- YTD
- 18.03%
- 6M
- 15.21%
- 1Y
- 32.40%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
RDTE Monthly Returns History
Based on dividend-adjusted daily data since Sep 10, 2024, RDTE's average daily return is +0.08%, while the average monthly return is +1.66%. At this rate, an investment would double in approximately 3.5 years.
Historically, 64% of months were positive and 36% were negative. The best month was Nov 2024 with a return of +10.2%, while the worst month was Dec 2024 at -6.5%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.
On a daily basis, RDTE closed higher 57% of trading days. The best single day was Nov 6, 2024 with a return of +5.9%, while the worst single day was Apr 3, 2025 at -7.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.12% | 1.46% | -5.04% | 10.19% | 2.45% | 4.24% | 18.03% | ||||||
| 2025 | 3.13% | -4.27% | -5.35% | -5.95% | 7.49% | 5.83% | 1.57% | 4.06% | 2.35% | 2.14% | -0.40% | -0.52% | 9.46% |
| 2024 | 6.87% | -1.59% | 10.20% | -6.53% | 8.32% |
Benchmark Metrics
Roundhill Russell 2000 0DTE Covered Call Strategy ETF has an annualized alpha of 2.86%, beta of 0.95, and R2 of 0.67 versus S&P 500 Index. Calculated based on daily prices since September 10, 2024.
- This ETF participated in 123.02% of S&P 500 Index downside but only 119.69% of its upside - more exposed to losses than it benefited from rallies.
- This ETF generated an annualized alpha of 2.86% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 0.95 and R2 of 0.67, 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
- 2.86%
- Beta
- 0.95
- R²
- 0.67
- Upside Capture
- 119.69%
- Downside Capture
- 123.02%
Expense Ratio
RDTE has a high expense ratio of 0.97%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
RDTE ranks 61 for risk / return — better than 61% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Roundhill Russell 2000 0DTE Covered Call Strategy ETF (RDTE) 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.
| RDTE | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.37 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.55 | 2.78 | +0.77 |
| Martin ratioReturn relative to average drawdown | 12.29 | 12.44 | -0.15 |
Dividends
Dividend History
Roundhill Russell 2000 0DTE Covered Call Strategy ETF provided a 43.75% dividend yield over the last twelve months, with an annual payout of $12.89 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $12.89 | $14.73 | $4.42 |
Dividend yield | 43.75% | 50.16% | 10.70% |
Monthly Dividends
The table displays the monthly dividend distributions for Roundhill Russell 2000 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.71 | $0.85 | $0.83 | $1.02 | $0.68 | $0.60 | $4.69 | ||||||
| 2025 | $1.59 | $0.93 | $0.97 | $1.12 | $1.24 | $0.95 | $1.38 | $1.05 | $0.97 | $1.29 | $1.09 | $2.14 | $14.73 |
| 2024 | $0.36 | $1.54 | $1.34 | $1.19 | $4.42 |
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 Russell 2000 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 Russell 2000 0DTE Covered Call Strategy ETF was 24.32%, occurring on Apr 10, 2025. Recovery took 102 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -24.32%Apr 2025 | 4mo 8d | 5mo 1d | 9mo 9dDec 2024 - Sep 2025 |
2026 pullback2026 | -9.17%Mar 2026 | 2mo 6d | 16d | 2mo 22dJan 2026 - Apr 2026 |
2025 pullback2025 | -7.19%Nov 2025 | 23d | 20d | 1mo 13dOct 2025 - Dec 2025 |
2024 pullback2024 | -4.70%Nov 2024 | 7d | 10d | 17dNov 2024 - Nov 2024 |
2026 pullback2026 | -4.00%May 2026 | 12d | 9d | 21dMay 2026 - May 2026 |
Drawdown Indicators
| RDTE | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.32% | -56.78% | +32.46% |
Max Drawdown (1Y)Largest decline over 1 year | -9.17% | -9.10% | -0.07% |
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 DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -4.56% | -10.71% | +6.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.64% | 2.03% | +0.61% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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