XDIV ETF — Roundhill S&P 500 No Dividend Target ETF

Roundhill S&P 500 No Dividend Target ETF (XDIV)

XDIV is a low-cost ETF that tracks the S&P 500 Index. As of August 19, 2026, its distribution rate is 0.00%, its expense ratio is 0.08%. Fund total return is 24.0% over the past 1.1 years, 0.0 points ahead of SPY at 24.0%.

Roundhill S&P 500 No Dividend Target ETF is an ETF that seeks total return by investing at least eighty percent of its net assets in other ETFs tracking the S&P 500 Index, with a focus on minimizing dividend distributions for tax efficiency. The fund does not currently distribute income and carries an expense ratio of 0.08%. It may appeal to equity investors seeking broad large-cap exposure with tax-efficient characteristics.

XDIV performance versus SPY

Data as of August 19, 2026.

Fund total return is 24.0% over the past 1.1 years, 0.0 points ahead of SPY at 24.0%. Its deepest 1-year drawdown was 9.2%.

XDIV key facts

Data as of August 19, 2026.

Issuer

Roundhill Investments

Asset type

ETF

Asset class

Equity

Inception date

07/10/2025

Expense ratio

0.08%

Distribution rate

0.00%

Distribution frequency

None

30-day SEC yield

0.00%

Last close

$31.31

AUM

$34,024,521

Average volume

17749.0

Last dividend

$0.1200

Beta

0.9978

P/E ratio

25.9035

How Dividend Vision calculates yield and returns

Distribution rate (0.00%) 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 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. The 30-day SEC yield (0.00%) is the SEC standardized figure when we have it. An issuer may publish a different SEC or TTM yield using another as-of date or share-class convention. 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: S&P 500 Index; 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.

XDIV risks and drawbacks

Payments are none, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 9.2%.

Who may consider XDIV — and who may not

XDIV may suit someone looking for low-cost broad dividend exposure. It is a weaker fit for investors who need monthly cash flow (XDIV pays none); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from Roundhill Investments.