Data as of Nov 4, 2026.
ODTE vs XDTE: Dividend Yield & Total Return
ODTE and XDTE both write options for income.
askIQ about this page
askIQ about ODTE and XDTE
Net assets: $2.1m on Nov 3, 2026 for VegaShares SPX NDX RTY Premium Income ETF, and $321m on Nov 4, 2026 for Roundhill S&P 500 0DTE Covered Call Strategy ETF.
Not measured
ODTE since launch: paid 8.3%, price −3.5%, total +4.5%, not measured against a benchmark. Data to Nov 4, 2026.
ODTE
+4.5%
8.3% of it arrived as cash
Total return, distributions reinvested
Not measured
ODTE since launch: paid 8.3%, price −3.5%, total +4.5%, not measured against a benchmark. Data to Nov 4, 2026.
ODTE
+4.5%
8.3% of it arrived as cash. Total return, distributions reinvested. ODTE since launch: paid 8.3%, price −3.5%, total +4.5%, not measured against a benchmark. Data to Nov 4, 2026.
Data to Nov 4, 2026.About even with SPY
XDTE over 1 year: paid 25.5%, price −13.2%, total +14.6%, SPY +14.8%, −0.2 pts. Data to Nov 4, 2026.
SPY
+14.8%
XDTE
+14.6%
25.5% of it arrived as cash
about even with SPY
Total return, distributions reinvested
About even with SPY
XDTE over 1 year: paid 25.5%, price −13.2%, total +14.6%, SPY +14.8%, −0.2 pts. Data to Nov 4, 2026.
SPY
+14.8%
XDTE
+14.6%
25.5% as cash
about even with SPY
25.5% of it arrived as cash. Both charts share one scale, with zero at the line. XDTE over 1 year: paid 25.5%, price −13.2%, total +14.6%, SPY +14.8%, −0.2 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
ODTE costs 0.29 points a year less; XDTE is far larger, $315m against $2.1m.
Points (pts) are percentage points.
| Measure | ODTE | XDTE |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | not published | +14.6% |
| Price change | fell 7.1% (3 months) | fell 13.2% (1 year) |
| Against its benchmark | ||
| Benchmark | its own holdings | S&P 500, measured through SPY |
| Against its benchmark, same days | behind by 0.9 pts | |
| Cost and size | ||
| Expense ratio | 0.68% | 0.97% |
| Net assets, as of Nov 3, 2026 | $2.1m | $315m |
| Holdings | ||
| Holdings in common | 0% | |
Risk and return
Apr 10, 2026 to Oct 30, 2026 · 29 weekly returnsFrom Apr 2026 to Oct 2026, XDTE returned more: +10.1% to −0.4%. XDTE fell less at its worst: −2.6% to −8.3%.
Full scorecard
3 measures, with how each is measured Open ↓
| Measure | ODTE | XDTE | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | −0.4% | +10.1% | XDTE | Price change plus distributions, reinvested. |
| Price return | −8.0% | −1.0% | XDTE | Price change alone, distributions left out. |
| Risk | ||||
| Max drawdown | −8.3% | −2.6% | XDTE | Deepest fall from a high to the low after it. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 29 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, ODTE and XDTE hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 4, 2026.
half
0% in common
Only in one fund ↓
Side by side
As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.
Window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | ODTE | XDTE | ODTE | XDTE | ODTE | XDTE |
| 3 months | −3.8% | +1.0% | 3.5% | 4.2% | −0.9 pts | +1.2 pts |
| 6 months | −5.4% | +5.5% | 6.7% | 9.3% | not measured | +0.5 pts |
| 1 year | – | +14.6% | – | 25.5% | – | −0.2 pts |
| Since launchNot the same days: ODTE Apr 2026 · XDTE Mar 2024 | +4.5% | +47.4% | 8.3% | 60.8% | not measured | −6.4 pts |
– means no data for this window. Open this comparison in the app →
No client brief for this pair: ETFIQ prints no one-year total return for ODTE; the two funds' holdings are dated 127 days apart.
ODTE's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026) returned −2.9% over the same days, so a holder was behind by 0.9 pts.
Over the 3 months to Nov 4, 2026, ODTE paid 3.5% of its starting value in cash distributions while its price fell 7.1%. With every distribution reinvested, the fund returned −3.8%. At its price on Nov 4, 2026 the latest distribution annualizes to 14.0%, paid weekly. VegaShares estimates that 100% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
XDTE
Over the year to Nov 4, 2026, XDTE paid 25.5% of its starting value in cash distributions while its price fell 13.2%. With every distribution reinvested, the fund returned +14.6%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 12.4%, paid weekly. Roundhill estimates that 100% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, ODTE against XDTE, data as of Nov 4, 2026. https://etfiq.com/compare/income/odte-vs-xdte
ETFIQ. (Nov 4, 2026). ODTE against XDTE. Retrieved from https://etfiq.com/compare/income/odte-vs-xdte
[ODTE against XDTE (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/odte-vs-xdte)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.