Data as of .
TPAY vs XDTE: which paid, and which earned it?
TPAY and XDTE both write options for income.
What they hold in common
By the books each fund has filed, TPAY and XDTE hold 0% of their money in the same securities at the same weight.
| Only in TPAY | Only in XDTE |
|---|---|
| SPY 03/12/2027 33.67 C 61.75% | SPX 03/19/2027 678.8 C 66.30% |
| SPY 04/16/2027 33.18 C 33.20% | SPX 06/11/2027 678.8 C 24.62% |
| SPYM 03/12/2027 3.33 C 5.05% | Roundhill Weekly T-Bill ETF 7.23% |
| First American Government Obligations Fund 12/01/2031 1.84% |
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.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| TPAY | XDTE | TPAY | XDTE | TPAY | XDTE | |
| 3 months | +1.5% | +2.5% | 2.4% | 5.1% | −0.8 pts | +0.3 pts |
| 6 months | +17.3% | +14.9% | 5.3% | 10.6% | −0.7 pts | −3.1 pts |
| 1 year | not published | +15.6% | not published | 26.5% | not published | −1.0 pts |
| Since launch | +11.0% | +45.9% | 5.8% | 59.5% | −0.8 pts | −6.9 pts |
| TPAY Roundhill S&P 500 Target 10 Managed Distribution ETF Option income on SPY, paying monthly | XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF 0DTE covered call on SPY, paying weekly | |
|---|---|---|
| Issuer | Roundhill | Roundhill |
| Strategy | option income | 0DTE covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | monthly | weekly |
| Payout rate, annualized | 9.5% | 15.2% |
| Expense ratio | 0.49% | 0.97% |
| Cash paid, 1 year | 5.8% (since launch on Feb 18, 2026) | 26.5% |
| Price change, 1 year | +4.9% | −13.4% |
| Total return, 1 year | +11.0% (since launch on Feb 18, 2026) | +15.6% |
| Benchmark return, 1 year | +11.8% | +16.6% |
| Ahead or behind | −0.8 pts | −1.0 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 212 days | 925 days |
| Net assets | $2m | $336m |
TPAY in plain words
Over the period since launch on Feb 18, 2026 to Sep 18, 2026, TPAY paid 5.8% of its starting value in cash distributions while its price rose 4.9%. With every distribution reinvested, the fund returned +11.0%. S&P 500 (SPY) returned +11.8% over the same days, so a holder was behind by 0.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.5%, paid monthly.
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, TPAY or XDTE?
- TPAY charges 0.49% a year and XDTE charges 0.97%, so TPAY 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.
Cite this page. ETFIQ, TPAY against XDTE, data as of Sep 18, 2026. https://etfiq.com/compare/income/tpay-vs-xdte Free to use with attribution; the underlying files are at Open data.