(XDTE) Roundhill Trust - Roundhill - Overview

Exchange: BATS • Country: USA • Currency: USD • Type: Etf • ISIN: (N/A)

Etf: S&P 500, Options, Covered Call, 0DTE

Total Rating 37
Risk 56
Buy Signal 0.50

Dividends

Dividend Yield 34.29%
Yield on Cost 5y 48.74%
Yield CAGR 5y 52.21%
Payout Consistency 100.0%
Payout Ratio -
Risk 5d forecast
Volatility 14.6%
Relative Tail Risk 3.65%
Reward TTM
Sharpe Ratio 0.47
Alpha -1.80
Character TTM
Beta 0.760
Beta Downside 0.969
Drawdowns 3y
Max DD 19.09%
CAGR/Max DD 0.85

Description: XDTE Roundhill Trust - Roundhill December 28, 2025

The Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS: XDTE) pursues income by holding the full S&P 500 Index (SPX) long while simultaneously selling SPX call options that expire the same day they are written (0-day-to-expiration, or 0DTE). The short leg is a daily roll of out-of-the-money calls, generating option premium that offsets equity exposure, and the fund is classified as non-diversified because its risk is concentrated in the S&P 500 and its options overlay.

Recent data (as of Q3 2024) show that 0DTE call premiums on the SPX have averaged a 3.2% annualized yield, with implied volatility (VIX) hovering around 18-20%-a level that historically supports higher option premium capture without excessively eroding capital gains. The fund’s expense ratio is 0.68%, and its net asset value (NAV) has delivered a 12-month total return of roughly 6.5%, compared to a 9.8% return for the plain S&P 500, reflecting the trade-off between income and upside participation.

Key drivers of performance include (1) macro-level equity market direction, since the long SPX position captures broad market moves; (2) short-term volatility spikes, which inflate 0DTE premiums but also increase the risk of rapid assignment; and (3) sector weighting of the S&P 500, with technology and consumer discretionary stocks comprising roughly 45% of the index, meaning the ETF’s income profile is sensitive to earnings cycles in those sectors.

For a deeper quantitative breakdown, you may want to explore ValueRay’s analytics platform.

What is the price of XDTE shares?

As of February 07, 2026, the stock is trading at USD 39.79 with a total of 431,029 shares traded.
Over the past week, the price has changed by -0.25%, over one month by +0.53%, over three months by +4.40% and over the past year by +10.68%.

Is XDTE a buy, sell or hold?

Roundhill Trust - Roundhill has no consensus analysts rating.

What are the forecasts/targets for the XDTE price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 64.4 61.8%

XDTE Fundamental Data Overview February 02, 2026

Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 377.6m USD (377.6m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 377.6m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 377.6m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 8.72% (E(377.6m)/V(377.6m) * Re(8.72%) + (debt-free company))
Discount Rate = 8.72% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for XDTE ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle