Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

DDDD vs XDTE: which paid, and which earned it?

DDDD and XDTE both write options for income.

YieldMax(R) U.S. Stocks Target Double Distribution ETF and Roundhill S&P 500 0DTE Covered Call Strategy ETF.

1.6%DDDD cash paid, 1 year
26.5%XDTE cash paid, 1 year
+8.7%DDDD total return, 1 year
+15.6%XDTE total return, 1 year
DDDD6.5 pts behind SPY · since launch to Sep 18, 2026
SPY+15.3%DDDD+8.7%6.5 pts behind SPYTotal return, distributions reinvestedSPY+15.3%DDDD+8.7%6.5 pts behind SPY
XDTE1 pt behind SPY · 1 year to Sep 18, 2026
SPY+16.6%XDTE+15.6%26.5% of it arrived as cash1 pt behind SPYTotal return, distributions reinvestedSPY+16.6%XDTE+15.6%26.5% as cash1 pt behind SPY

What they hold in common

By the books each fund has filed, DDDD and XDTE hold 2% of their money in the same securities at the same weight.

Positions DDDD and XDTE both hold, largest shared weight first
HoldingDDDDXDTE
First American Government Obligations Fund 12/01/20311.65%1.84%
Only in each
Only in DDDDOnly in XDTE
Merck & Co Inc 4.93%SPX 03/19/2027 678.8 C 66.30%
Abbott Laboratories 4.53%SPX 06/11/2027 678.8 C 24.62%
Amgen Inc 4.38%Roundhill Weekly T-Bill ETF 7.23%
Coca-Cola Co/The 4.30%
Chevron Corp 4.25%
ConocoPhillips 4.07%
Procter & Gamble Co/The 4.01%
Verizon Communications Inc 3.96%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 18, 2026 and Sep 21, 2026.

Performance, window by window

DDDD and XDTE over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
DDDDXDTEDDDDXDTEDDDDXDTE
3 months+4.9%+2.5%1.6%5.1%+2.6 pts+0.3 pts
6 months+10.5%+14.9%1.7%10.6%−7.6 pts−3.1 pts
1 yearnot published+15.6%not published26.5%not published−1.0 pts
Since launch+8.7%+45.9%1.6%59.5%−6.5 pts−6.9 pts
Open the live comparison on ETFIQ
DDDD and XDTE on the same fields, as of Sep 18, 2026. Source: ETFIQ.
DDDD
YieldMax(R) U.S. Stocks Target Double Distribution ETF
Synthetic covered call on SPY
XDTE
Roundhill S&P 500 0DTE Covered Call Strategy ETF
0DTE covered call on SPY, paying weekly
IssuerYieldMaxRoundhill
Strategysynthetic covered call0DTE covered call
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysnot establishedweekly
Payout rate, annualized18.4%15.2%
Expense ratio1.01%0.97%
Cash paid, 1 year1.6% (since launch on Mar 12, 2026)26.5%
Price change, 1 year+7.0%−13.4%
Total return, 1 year+8.7% (since launch on Mar 12, 2026)+15.6%
Benchmark return, 1 year+15.3%+16.6%
Ahead or behind−6.5 pts−1.0 pts
Return of capital, latest estimate67%not published
Age190 days925 days
Net assets$7m$336m

DDDD in plain words

Over the period since launch on Mar 12, 2026 to Sep 18, 2026, DDDD paid 1.6% of its starting value in cash distributions while its price rose 7.0%. With every distribution reinvested, the fund returned +8.7%. S&P 500 (SPY) returned +15.3% over the same days, so a holder was behind by 6.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 18.4%, paid periodically. YieldMax estimates that 67% of the distribution paid Jul 6, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

XDTE in plain words

Over the year to Sep 18, 2026, XDTE paid 26.5% of its starting value in cash distributions while its price fell 13.4%. With every distribution reinvested, the fund returned +15.6%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 1.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 15.2%, paid weekly.

Questions people ask

Which is cheaper, DDDD or XDTE?
DDDD charges 1.01% a year and XDTE charges 0.97%, so XDTE is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

DDDD against XDTE, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, DDDD against XDTE, data as of Sep 18, 2026. https://etfiq.com/compare/income/dddd-vs-xdte Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources