QDTE ETF — Roundhill Innovation-100 0DTE Covered Call Strategy ETF

Roundhill Innovation-100 0DTE Covered Call Strategy ETF (QDTE)

QDTE is an ETF that tracks the NASDAQ 100. As of August 19, 2026, its distribution rate is 49.47%, its trailing-12-month yield is 45.04%, its expense ratio is 0.96%. Dividend Vision Distribution Safety Score™ is 75/100 (Generally safe). Fund total return is 58.1% over the past 2.4 years, 5.1 points behind QQQ at 63.2%.

At the current 49.47% distribution rate, a $10,000 investment would generate approximately $4,947 per year, or $412.25 per month on an equivalent basis. Actual weekly payments vary.

QDTE executes a covered call strategy on the NASDAQ 100 index, selling zero days-to-expiration (0DTE) call options against its underlying holdings to generate income. The fund distributes returns weekly with a 34.68% annualized distribution rate and carries a 0.96% expense ratio. This ETF appeals to income-focused investors seeking frequent distributions and high yield, though the strategy's reliance on short-dated options and the fund's recent inception should be evaluated alongside individual risk tolerance.

QDTE performance versus QQQ

Data as of August 19, 2026.

Fund total return is 58.1% over the past 2.4 years, 5.1 points behind QQQ at 63.2%. Its deepest 1-year drawdown was 10.2%.

QDTE key facts

Data as of August 19, 2026.

Distribution Safety Score™

75 · Generally safe

Safety-Adjusted Yield

37.10%

Issuer

Roundhill Investments

Asset type

ETF

Asset class

Equity

Inception date

03/07/2024

Expense ratio

0.96%

Distribution rate

49.47%

Distribution frequency

Weekly

Trailing yield

45.04%

Last close

$29.31

AUM

$975,048,733

Average volume

450523.0

Last dividend

$0.2788

Ex-dividend date

08/20/2026

Payment date

08/21/2026

Beta

1.1903

How Dividend Vision calculates yield and returns

Distribution rate (49.47%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (45.04%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: Roundhill Investments fund page; Index: NASDAQ 100; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

QDTE risks and drawbacks

Total return has trailed QQQ over the available window. The deepest 1-year drawdown on record here is 10.2%.

Who may consider QDTE — and who may not

It is a weaker fit for investors whose main goal is matching QQQ total return. This is educational context, not a recommendation to buy or sell.

Compare QDTE

QDTE vs similar funds:

• QDTE vs QQQ
• QDTE vs JEPI
• QDTE vs JEPQ
• QDTE vs QQQI
• QDTE vs QYLD
• QDTE vs GPIQ

Frequently asked questions

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