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Data as of .

OEI vs QDTE: which paid, and which earned it?

OEI and QDTE both write options for income.

Optimized Equity Income ETF and Roundhill Innovation-100 0DTE Covered Call Strategy ETF.

8.6%OEI cash paid, 1 year
36.1%QDTE cash paid, 1 year
+14.4%OEI total return, 1 year
+21.1%QDTE total return, 1 year
OEI0.9 pts behind SPY · since launch to Sep 18, 2026
SPY+15.3%OEI+14.4%8.6% of it arrived as cash0.9 pts behind SPYTotal return, distributions reinvestedSPY+15.3%OEI+14.4%0.9 pts behind SPY
QDTE0.7 pts behind QQQ · 1 year to Sep 18, 2026
QQQ+21.8%QDTE+21.1%36.1% of it arrived as cash0.7 pts behind QQQTotal return, distributions reinvestedQQQ+21.8%QDTE+21.1%36.1% as cash0.7 pts behind QQQ

What they hold in common

By the books each fund has filed, OEI and QDTE hold 0% of their money in the same securities at the same weight.

Only in each
Only in OEIOnly in QDTE
NVIDIA Corp 8.32%NDX 03/19/2027 2510.15 C 25.90%
Microsoft Corp 5.99%QQQ 11/19/2027 70.11 C 24.77%
Amazon.com Inc 4.56%NDX 06/11/2027 3059.42 C 22.64%
Apple Inc 4.28%QQQ 09/17/2027 70.69 C 17.82%
Alphabet Inc 3.48%Roundhill Weekly T-Bill ETF 4.97%
Broadcom Inc 3.04%First American Government Obligations Fund 12/01/2031 3.90%
Alphabet Inc 2.79%
Micron Technology Inc 2.57%

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 Jul 31, 2026 and Sep 18, 2026.

Performance, window by window

OEI and QDTE over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
OEIQDTEOEIQDTEOEIQDTE
3 months+4.8%−0.9%2.3%7.6%+2.5 pts+1.6 pts
6 months+12.5%+19.7%4.9%16.2%−5.6 pts−4.5 pts
1 yearnot published+21.1%not published36.1%not published−0.7 pts
Since launch+14.4%+59.9%8.6%74.1%−0.9 pts−4.3 pts
Open the live comparison on ETFIQ
OEI and QDTE on the same fields, as of Sep 18, 2026. Source: ETFIQ.
OEI
Optimized Equity Income ETF
Option income on SPY, paying monthly
QDTE
Roundhill Innovation-100 0DTE Covered Call Strategy ETF
0DTE covered call on QQQ, paying weekly
IssuerCore AlternativeRoundhill
Strategyoption income0DTE covered call
BenchmarkS&P 500 (SPY), used as a default proxyNasdaq-100 (QQQ)
Paysmonthlyweekly
Payout rate, annualized9.2%20.8%
Expense ratio1.02%0.96%
Cash paid, 1 year8.6% (since launch on Oct 22, 2025)36.1%
Price change, 1 year+5.2%−19.2%
Total return, 1 year+14.4% (since launch on Oct 22, 2025)+21.1%
Benchmark return, 1 year+15.3%+21.8%
Ahead or behind−0.9 pts−0.7 pts
Return of capital, latest estimatenot publishednot published
Age331 days925 days
Net assets$46m$967m

OEI in plain words

Over the period since launch on Oct 22, 2025 to Sep 18, 2026, OEI paid 8.6% of its starting value in cash distributions while its price rose 5.2%. With every distribution reinvested, the fund returned +14.4%. S&P 500 (SPY), used as a default proxy returned +15.3% over the same days, so a holder was behind by 0.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.2%, paid monthly.

QDTE in plain words

Over the year to Sep 18, 2026, QDTE paid 36.1% of its starting value in cash distributions while its price fell 19.2%. With every distribution reinvested, the fund returned +21.1%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 0.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 20.8%, paid weekly.

Questions people ask

Which is cheaper, OEI or QDTE?
OEI charges 1.02% a year and QDTE charges 0.96%, so QDTE 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.

OEI against QDTE, 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, OEI against QDTE, data as of Sep 18, 2026. https://etfiq.com/compare/income/oei-vs-qdte Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources