Roundhill Innovation-100 0DTE Covered Call Strategy ETFRoundhill Innovation-100 0DTE Covered Call Strategy ETFRoundhill Innovation-100 0DTE Covered Call Strategy ETF

Roundhill Innovation-100 0DTE Covered Call Strategy ETF

No trades
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Key stats


Assets under management (AUM)
‪530.16 M‬USD
Fund flows (1Y)
‪523.81 M‬USD
Dividend yield (indicated)
23.05%
Discount/Premium to NAV
1.03%

About Roundhill Innovation-100 0DTE Covered Call Strategy ETF


Issuer
Roundhill Financial, Inc.
Brand
Roundhill
Expense ratio
0.95%
Inception date
Mar 7, 2024
Index tracked
No Underlying Index
Management style
Active
QDTE sells, each morning, zero-days-to-expiration, out-of-the-money call options against synthetic exposure to the Nasdaq-100 Index. Through a combination of buying and selling call options that reference the index, the portfolio exposure is long the price return of the index up to a daily cap on the upside potential. The underlying options are valued at their notional value, investing at least 80% of its net assets in derivative contracts. Both exchange-listed or FLEX Options that settle either European or American style may be utilized. The strategy aims to take advantage of the potential mispricing inherent to the short-dated options market, where volatility may be overpriced, in order to provide weekly income distributions. For tax consideration, the weekly distributions will be ordinary income. Distributions that exceed the funds income and gains will be treated as a return of capital. Before July 22, 2024, the fund traded as Roundhill N-100 0DTE Covered Call Strategy ETF.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Rights & Warrants
Mutual fund
Stock breakdown by region
100%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.