Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE) Alternatives
Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with RDTE. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to RDTE
RDTE charges 0.95% annually. Among ETFs in the Derivative Income category, these options have the lowest expense ratios among RDTE alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| iShares S&P 500 BuyWrite ETF | 0.25% | Mar 14, 2024 | RDTE vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | Sep 5, 2024 | RDTE vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | Apr 9, 2024 | RDTE vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | Jul 17, 2024 | RDTE vs QQA | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | Dec 20, 2007 | RDTE vs PBP |
Best Risk-Adjusted Alternatives to RDTE
Among ETFs in the Derivative Income category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| YieldMax GOOGL Option Income Strategy ETF | 96 | Jul 27, 2023 | RDTE vs GOOY | |
| YieldMax TSM Option Income Strategy ETF | 95 | Aug 20, 2024 | RDTE vs TSMY | |
| Kurv Yield Premium Strategy Google ETF | 92 | Oct 30, 2023 | RDTE vs GOOP | |
| Defiance Oil Enhanced Options Income ETF | 76 | May 9, 2024 | RDTE vs USOY | |
| NEOS Russell 2000 High Income ETF | 76 | Jun 24, 2024 | RDTE vs IWMI |
Top Performing RDTE Alternatives (YTD)
RDTE alternatives from the Derivative Income category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Defiance Oil Enhanced Options Income ETF | 59.52% | May 9, 2024 | RDTE vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 55.26% | Oct 23, 2023 | RDTE vs MRNY | |
| YieldMax XOM Option Income Strategy ETF | 23.45% | Aug 30, 2023 | RDTE vs XOMO | |
| YieldMax Short TSLA Option Income Strategy ETF | 18.37% | May 1, 2024 | RDTE vs CRSH | |
| Roundhill COST WeeklyPay ETF | 17.85% | Oct 23, 2025 | RDTE vs COSW |
Lowest Volatility Alternatives to RDTE
RDTE alternatives from the Derivative Income category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Global X NASDAQ 100 ESG Covered Call ETF | 0.00% | Feb 21, 2023 | RDTE vs QYLE | |
| Dividend Performers ETF | 0.00% | Dec 24, 2018 | RDTE vs IPDP | |
| FT Vest Investment Grade & Target Income ETF | 6.23% | Feb 11, 2025 | RDTE vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 6.88% | Aug 25, 2021 | RDTE vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | 7.77% | Aug 25, 2021 | RDTE vs QRMI |
Lowest Drawdown Alternatives to RDTE
RDTE alternatives from the Derivative Income category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| FT Vest Investment Grade & Target Income ETF | -3.41% | Feb 11, 2025 | RDTE vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | -5.02% | Aug 25, 2021 | RDTE vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | -5.04% | Aug 25, 2021 | RDTE vs QRMI | |
| Kensington Hedged Premium Income ETF | -6.55% | Sep 4, 2024 | RDTE vs KHPI | |
| T. Rowe Price Capital Appreciation Premium Income ... | -7.24% | Mar 26, 2025 | RDTE vs TCAL |
Other ETFs from Roundhill
Most popular Roundhill ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Roundhill Magnificent Seven ETF | Technology Equities | 56 | -11.04% | Apr 10, 2023 | RDTE vs MAGS | |
| Roundhill ETF Trust - Roundhill N-100 0DTE Covered... | Large Cap Blend Equities | 58 | -3.92% | Mar 6, 2024 | RDTE vs QDTE | |
| Roundhill S&P 500 0DTE Covered Call Strategy ETF | Derivative Income, S&P 500 | 45 | -2.43% | Mar 7, 2024 | RDTE vs XDTE | |
| Roundhill Bitcoin Covered Call Strategy ETF | Cryptocurrency | 6 | -18.40% | Jan 17, 2024 | RDTE vs YBTC | |
| Roundhill Generative AI & Technology ETF | Technology Equities | 95 | 9.04% | May 17, 2023 | RDTE vs CHAT | |
| Roundhill Daily 2X Long Magnificent Seven ETF | Leveraged Equities, Leveraged | 41 | -23.25% | Feb 28, 2024 | RDTE vs MAGX | |
| Roundhill WeeklyPay™ Universe ETF | Derivative Income | — | -10.65% | Sep 3, 2025 | RDTE vs WPAY | |
| PLTR WeeklyPay™ ETF | Derivative Income | 58 | -22.30% | Feb 18, 2025 | RDTE vs PLTW | |
| Roundhill Magnificent Seven Covered Call ETF | Derivative Income | — | -9.17% | Apr 23, 2025 | RDTE vs MAGY | |
| Roundhill HOOD WeeklyPay ETF | Leveraged Equities, Derivative Income | — | -44.41% | Jun 18, 2025 | RDTE vs HOOW |
Often Compared With RDTE
What investors most often compare with RDTE, based on PortfoliosLab usage data.
Compare RDTE with Any Fund or Stock
Compare RDTE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.