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RDTE Roundhill Russell 2000 0DTE Covered Call Strategy ETF

0DTE covered call on IWM, paying weekly

Over the year to Sep 11, 2026, RDTE paid 35.3% in cash and still finished 1.3 points behind IWM.

Roundhill · Income ETFs · data as of

Key facts

35.3%Cash paid, 1 year, on its starting price
+20.0%Total return, 1 year
−1.3 ptsAgainst IWM
29.1%Latest payout, annualized

Method

ETFIQ Return Stability Score

40.7joint 112th of 161

RDTE paid 35.3% in cash. Its price fell 19.4%, so 55% of what you were paid came back out of your own capital.

Was the payout funded by returns, or by your own capital?

Against its benchmark
MLPD −38.1 ptsMDST −30.2 ptsSLTY −29.1 ptsBLOX −27.8 ptsEIPI −27.8 ptsYQQQ −27.6 ptsULTY −23.3 ptsGDXY −22.0 ptsHIGH −20.8 ptsTOPW −18.6 ptsTDVI −18.3 ptsYMAX −18.1 ptsHISF −17.3 ptsACKY −17.2 ptsWEEI −16.9 ptsNDIV −16.6 ptsLQDW −16.2 ptsOARK −15.8 ptsFDND −15.5 ptsTCAL −15.0 ptsQRMI −14.8 ptsSDVD −14.8 ptsLFGY −14.5 ptsSLJY −14.5 ptsSCLZ −14.1 ptsYFYA −13.9 ptsQUSA −13.5 ptsHYGW −13.0 ptsJULH −13.0 ptsXLRI −13.0 ptsMAGY −12.9 ptsYYY −12.7 ptsXLKI −12.6 ptsJULJ −12.4 ptsLJUL −12.4 ptsJANJ −12.3 ptsLJAN −12.3 ptsFGSI −12.2 ptsLOCT −12.1 ptsRNTY −12.1 ptsAIPI −12.0 ptsIWMY −12.0 ptsOCTJ −11.9 ptsHIPS −11.7 ptsJUCY −11.6 ptsXLEI −11.6 ptsAPRJ −11.3 ptsLAPR −11.3 ptsXISE −11.3 ptsXIJN −11.1 ptsCVRD −11.0 ptsJANH −11.0 ptsAPRH −10.9 ptsXBTY −10.7 ptsXIDE −10.7 ptsOCTH −10.6 ptsJEPI −10.3 ptsXIMR −10.1 ptsSRHR −9.7 ptsXRMI −8.7 ptsVEGA −8.3 ptsBUYW −8.2 ptsIAUI −7.9 ptsBAGY −7.7 ptsXV −7.5 ptsKHPI −7.3 ptsYBTC −7.3 ptsFTHI −7.0 ptsYLDE −6.8 ptsIGLD −6.1 ptsQQQI −6.1 ptsRDVI −6.0 ptsSPIN −5.9 ptsFEPI −5.8 ptsIWMW −5.8 ptsTYLG −5.7 ptsBITY −5.6 ptsSPUT −5.4 ptsWTPI −5.2 ptsPAPI −4.7 ptsXLVI −4.7 ptsETCO −4.3 ptsJEPQ −4.1 ptsCAIE −4.0 ptsFTKI −3.9 ptsGPTY −3.7 ptsIQQQ −3.7 ptsGIAX −3.4 ptsBIGY −3.3 ptsISPY −3.1 ptsRYLD −3.1 ptsWEEL −2.9 ptsYMAG −2.9 ptsRDTY −2.6 ptsXLBI −2.5 ptsNBOS −1.8 ptsRYLG −1.8 ptsSPYI −1.7 ptsFTQI −1.6 ptsKNG −1.6 ptsTSPY −1.6 ptsTHTA −1.5 ptsQQQY −1.3 ptsDIVO −1.2 ptsSIXH −1.2 ptsXYLD −1.2 ptsDFII −1.1 ptsGPIQ −1.1 ptsQDTY −1.1 ptsXYLG −1.1 ptsXDTE −0.9 ptsQDTE −0.7 ptsQYLD −0.7 ptsXLII −0.7 ptsXPAY −0.7 ptsEGGY −0.6 ptsJOYT −0.6 ptsSDTY −0.6 ptsWDTE −0.4 ptsBTCC −0.3 ptsQYLG −0.3 ptsGPIX 0.0 ptsDJIA +0.1 ptsDYLG +0.3 ptsIWMI +0.3 ptsKGLD +0.3 ptsXLFI +0.3 ptsIVVW +0.4 ptsLTTI +0.5 ptsLQTI +0.6 ptsPBP +0.6 ptsHYTI +0.9 ptsTDAQ +0.9 ptsCSHI +1.3 ptsBALI +1.4 ptsYETH +1.5 ptsHYBL +1.6 ptsXLUI +1.6 ptsCHPY +1.9 ptsBTCI +2.1 ptsSOXY +2.3 ptsITWO +2.5 ptsDOGG +2.7 ptsCEPI +2.9 ptsXLYI +2.9 ptsYBIT +2.9 ptsTLTP +3.4 ptsDUBS +4.0 ptsSEPI +4.7 ptsXLCI +5.2 ptsIDVO +5.4 ptsTLTW +5.4 ptsBCCC +6.3 ptsOMAH +6.5 ptsIDUB +6.9 ptsXLSI +8.8 ptsUSOY +10.5 ptsBUCK +10.9 ptsKLIP +20.9 ptsNVYY +24.6 ptsRDTE −1.3 ptsRDTE −1.3 pts−38.1 pts+24.6 pts

64.3% of the 161 sit at or below RDTE on this measure.

What happened to the principal
ETCO −75.0%XBTY −74.7%YETH −67.4%YBTC −61.4%BTCC −59.9%YBIT −58.9%BAGY −58.0%SLTY −54.4%ULTY −53.3%NVYY −52.4%BITY −51.9%BCCC −49.4%BTCI −46.9%DFII −44.8%LFGY −43.0%YMAX −41.0%BLOX −38.8%TOPW −36.6%OARK −33.3%KLIP −32.8%GDXY −32.5%YMAG −27.1%YQQQ −26.3%MAGY −25.8%IWMY −23.1%CEPI −21.0%RDTY −19.9%QDTE −18.5%EGGY −15.1%TLTP −14.5%XLYI −14.1%LTTI −13.8%ACKY −13.7%WDTE −13.7%QQQY −13.0%QDTY −12.8%XDTE −12.8%AIPI −12.2%QUSA −11.8%LQTI −10.4%TLTW −10.3%SDTY −9.9%GIAX −9.8%XLUI −9.5%HIGH −9.3%LQDW −9.3%TCAL −9.0%FEPI −8.5%XV −8.4%IGLD −8.1%XLRI −8.0%XLCI −7.9%FDND −7.6%YYY −7.5%XLSI −7.3%RNTY −6.5%HYTI −6.3%GPTY −6.0%OMAH −6.0%XLBI −5.7%HYGW −5.6%IWMW −5.3%HIPS −5.2%XPAY −4.9%HISF −4.7%QRMI −4.2%USOY −4.0%XLFI −3.8%FGSI −3.2%BUCK −2.5%HYBL −2.5%JUCY −2.3%XRMI −2.3%MLPD −1.7%CAIE −1.6%IAUI −1.6%YFYA −1.6%IVVW −1.4%CVRD −1.3%JEPI −1.1%KNG −0.9%XIJN −0.7%JULJ −0.6%WTPI −0.5%CSHI −0.4%JULH −0.3%LJUL −0.2%XISE 0.0%JANH +0.1%JANJ +0.1%LAPR +0.1%LOCT +0.1%LJAN +0.2%OCTJ +0.2%XLII +0.2%APRJ +0.3%OCTH +0.3%XIDE +0.3%XIMR +0.4%APRH +0.5%TSPY +0.6%KHPI +0.7%BIGY +0.8%WEEL +0.9%SRHR +1.0%FTHI +1.1%QQQI +1.5%XLVI +2.1%SPYI +2.6%QYLG +2.8%YLDE +2.8%BUYW +2.9%SDVD +3.0%XYLG +3.4%KGLD +3.8%THTA +3.9%DJIA +4.2%FTKI +4.3%SCLZ +4.4%PAPI +4.5%RYLD +4.7%XLKI +5.0%PBP +5.1%IWMI +5.3%DYLG +5.4%TDAQ +5.9%XYLD +5.9%JEPQ +6.0%SPIN +6.1%NBOS +6.5%SPUT +6.5%RYLG +7.1%GPIX +7.9%FTQI +8.0%DOGG +8.2%ISPY +8.4%QYLD +8.4%DIVO +8.9%MDST +9.3%VEGA +9.4%BALI +9.5%GPIQ +9.8%SLJY +11.0%RDVI +11.7%TDVI +11.7%IQQQ +12.3%SEPI +13.8%XLEI +13.8%SIXH +14.1%ITWO +14.3%EIPI +14.6%JOYT +16.1%IDVO +16.4%DUBS +18.9%WEEI +18.9%IDUB +19.0%TYLG +21.2%NDIV +22.9%CHPY +24.9%SOXY +68.6%RDTE −19.4%RDTE −19.4%−75.0%+68.6%

17.1% of the 161 sit at or below RDTE on this measure.

Weighted evenly, those two positions are what the score combines, across the 161 income ETFs writing on an index or proxy. Neither spread above is the score: a fund can sit further right on one and score lower. A position in this set, not a rating: it moves when the set moves, and it is not a figure to average against another desk's.

What the score is computed from
What it measuresThis fundIts percentileWeight
against its benchmark−1.3 pts64.350%
what happened to the principal−19.4%17.150%

All income ETFs ranked by this score · How it is computed

3rd of 9 income ETFs writing on IWM, by return against it 78th of 354 income ETFs by net assets

What a holder got

RDTE against IWMRDTE returned +20.0% with distributions reinvested against +21.2% for Russell 2000 (IWM), a gap of −1.3 pts. Of that, 35.3% arrived as cash rather than price.+20.0%RDTE total return+21.2%Russell 2000 (IWM)35.3% of it arrived as cash

Over the year to Sep 11, 2026, RDTE returned +20.0% with distributions reinvested and Russell 2000 (IWM) returned +21.2%, so a holder came out behind it by 1.2 points. The lighter segment is the 35.3% that arrived as cash rather than as price.

Method

Period by period

RDTE over each window to Sep 11, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnIWMAhead or behind
3 months8.5%−5.4%+3.0%−1.1%+4.2 pts
6 months18.2%0.0%+18.9%+17.6%+1.3 pts
1 year35.3%−19.4%+20.0%+21.2%−1.3 pts
Since launch62.2%−35.2%+40.7%+41.7%−1.0 pts

Method

When RDTE pays

RDTE pays weekly. The last distribution was $0.1522 a share, which went ex on Sep 10, 2026, with payment about 1 day later. The next has not been declared. On its own cadence of about 7 days the ex-date falls near Sep 17, 2026; that date is an ETFIQ projection, not the issuer’s.

Expected distributions for RDTE. Where the basis is a projection, ETFIQ has carried the fund’s own spacing forward from its last ex-date and held the amount at the last one paid; neither is an issuer statement. Source: ETFIQ.
Ex-datePay dateAmountBasis
Sep 17, 2026Sep 18, 2026$0.1522ETFIQ projection from the fund’s own cadence
Sep 24, 2026Sep 25, 2026$0.1522ETFIQ projection from the fund’s own cadence
Oct 1, 2026Oct 2, 2026$0.1522ETFIQ projection from the fund’s own cadence
Oct 8, 2026Oct 9, 2026$0.1522ETFIQ projection from the fund’s own cadence
Oct 15, 2026Oct 16, 2026$0.1522ETFIQ projection from the fund’s own cadence
Oct 22, 2026Oct 23, 2026$0.1522ETFIQ projection from the fund’s own cadence
Every distribution ETFIQ holds for RDTE (13, most recent first)
Cash distributions per share for RDTE. Source: ETFIQ from Tiingo end-of-day distributions.
Ex-dateAmount
Sep 10, 2026$0.1522
Sep 3, 2026$0.1367
Aug 27, 2026$0.1358
Aug 20, 2026$0.2221
Aug 13, 2026$0.2168
Aug 6, 2026$0.135
Jul 30, 2026$0.2293
Jul 23, 2026$0.1972
Jul 16, 2026$0.1787
Jul 9, 2026$0.2264
Jul 1, 2026$0.2243
Jun 25, 2026$0.2209
Jun 17, 2026$0.1726

Every income ETF going ex-dividend in the next fortnight

Method

In plain words

Since it launched on Sep 10, 2024, RDTE has returned +40.7% with distributions reinvested, against +41.7% for Russell 2000 (IWM), and has paid out 62.2% of its starting value in cash along the way. It pays weekly, and at its current price the latest distribution annualizes to 29.1%. No Rule 19a-1 notice has been published for this fund, so there is no issuer estimate of how much of its distributions was a return of capital.

RDTE (Roundhill Russell 2000 0DTE Covered Call Strategy ETF), income ETFs fields as of Sep 11, 2026. Source: ETFIQ.
Strategy0DTE covered call
BenchmarkRussell 2000 (IWM)
Paysweekly
Net assets (the issuer own daily fund list, as of Sep 11, 2026)$184m
Latest payout, annualized (ETFIQ)29.1%
Expense ratio (485BPOS XBRL, Aug 31, 2026)0.97%
Cash paid, last 12 months, over today’s price (ETFIQ)43.8%
LaunchedSep 10, 2024
Paysweekly
Typical gap between ex-dates7 days
Typical wait from ex-date to payment1 day
Last paid, per share$0.1522 ex Sep 10, 2026
Sum of the last 12 distributions$2.2755

Every figure is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate. How these figures are computed

Questions people ask

How much has RDTE paid over the last year?
Over the year to Sep 11, 2026, RDTE paid 35.3% of its starting price in cash distributions, while the price fell 19.4%.
Is RDTE ahead of IWM?
Over the year to Sep 11, 2026, with every distribution reinvested, RDTE returned +20.0% against +21.2% for Russell 2000 (IWM), so a holder was behind it by 1.2 points.
How often does RDTE pay, and how much?
RDTE pays weekly. The latest distribution annualizes to 29.1% at its price on Sep 11, 2026, which is not a promise; the next one can differ.
When does RDTE next pay a distribution?
RDTE pays weekly. The last distribution went ex on Sep 10, 2026 at $0.1522 a share. The next is not declared; on a cadence of about 7 days the ex-date falls near Sep 17, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 1 day.
What does RDTE cost?
The prospectus expense ratio is 0.97% a year.

The words on this page

Total return
What a holder actually ended up with: price change plus every distribution, reinvested. The only figure that answers whether you came out ahead.
Cash paid
Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.
Ahead or behind
The fund’s total return minus the benchmark’s over exactly the same days, in percentage points. Both sides reinvest.
Return of capital
The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterization, not a measure of erosion.
Covered call
Selling call options on shares the fund holds. It collects a premium and gives up the gains above the strike, which is why these funds pay well and lag a rising market.

Every term used here, defined in full on the income ETFs vocabulary page.

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.

Funds near this one

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Where RDTE is written about

RDTE, Income ETFs, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.
Use this data, or open the live card

Open RDTE live on ETFIQ, where the figures refresh with the data.

Cite this page. ETFIQ, RDTE, income ETFs, data as of Sep 11, 2026. https://etfiq.com/funds/rdte Free to use with attribution; the underlying files are at Open data.

How these figures are computed · Standards and sources