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

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

Updated October 2, 2026.

XDIV is a low-cost ETF that tracks the S&P 500 Index. its expense ratio is 0.08%. Total return is 24.6% over the past 1.2 years, 0.1 points behind SPY at 24.7%.

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

Price and return data through 2026-10-02.

Total return is 24.6% over the past 1.2 years, 0.1 points behind SPY at 24.7%. Its deepest 1-year drawdown was 9.2%.

XDIV key facts

Issuer

Roundhill Investments

Asset type

ETF

Asset class

Equity

Inception date

07/10/2025

Expense ratio

0.08%

Distribution frequency

None

Last close

$31.47 (as of 2026-10-02)

AUM

$34,024,521

Average volume

13000.0

Last dividend

$0.12

Beta

0.9978

P/E ratio

24.7113

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) 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. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Roundhill Investments or company 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

Total return has trailed SPY over the available window. 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 does not currently distribute); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Roundhill Investments.