A head-to-head comparison of Roundhill Innovation-100 0DTE Covered Call Strategy ETF and Invesco QQQ Trust covering yield, cost, risk, and income potential.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Roundhill Investments is known for creating thematic and income-focused ETFs that often incorporate covered call strategies and weekly distribution mechanisms. The firm operates 38 funds across four main families—Core, Income, Thematic, and WeeklyPay—with popular tickers like MAGC, MAGS, and MAGY in their income lineup, plus numerous weekly call writing products (AAPW, AMDW, MSFW, and others) tied to major technology and commodity names. The issuer specializes in niche strategies designed to generate frequent income distributions while providing targeted sector or individual stock exposure.
See our curated list of related YouTube videos on QDTE.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Invesco is a major asset manager recognized for developing innovative ETF solutions across diverse investment strategies. Their fund lineup focuses primarily on income generation, offering investors options that emphasize dividend yield and regular distributions. With a portfolio of four ETFs including popular tickers like PRF (Preferred Stock ETF) and QQQM (Nasdaq-100 ETF), Invesco serves both income-focused and growth-oriented investors seeking streamlined exposure to specific market segments.
See our curated list of related YouTube videos on QQQ.
Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
QDTE (Roundhill Innovation-100 0DTE Covered Call Strategy ETF) and QQQ (Invesco QQQ Trust) are both dividend ETFs, but they take different approaches.
QDTE offers the higher yield at 28.16% vs 0.40% for QQQ. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
QQQ is cheaper with an expense ratio of 0.18% compared to 0.96%.
They track different benchmarks: QDTE is linked to NASDAQ 100 while QQQ tracks Nasdaq-100 Index, which means their performance drivers differ.
QQQ is the larger fund by assets ($440.3B), which generally means tighter spreads and better liquidity.
Deep dive
Yield & income
On a $10,000 investment, QDTE would generate roughly $234.67/month, while QQQ would produce $3.33/month, at current distribution rates.
QDTE yield28.16%
QQQ yield0.40%
Monthly diff on $10K$231.33
Cost & efficiency
Over 10 years on $10,000, QDTE would cost approximately $960 in fees vs $180 for QQQ (simplified, not compounded). The $780.00 difference may be offset by yield or performance.
QDTE ER0.96%
QQQ ER0.18%
Strategy & risk
QDTE tracks NASDAQ 100 with a covered call approach, while QQQ tracks Nasdaq-100 Index using a growth strategy.
QDTE beta—
QQQ beta1.18
Fund details
QDTE is managed by Roundhill Investments (launched 08/15/2024) with $828M in assets. QQQ is managed by Invesco (launched 03/10/1999) with $440.3B in assets.
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Frequently asked questions
Is QDTE or QQQ better for dividend income?
It depends on your goals. QDTE currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.
What is the difference between QDTE and QQQ?
QDTE (Roundhill Innovation-100 0DTE Covered Call Strategy ETF) tracks NASDAQ 100 with a covered call strategy, while QQQ (Invesco QQQ Trust) tracks Nasdaq-100 Index with a growth approach. They are issued by Roundhill Investments and Invesco respectively.
Can I hold both QDTE and QQQ?
Yes. Many income investors hold both to diversify across different strategies and underlying indexes. This can reduce concentration risk while maintaining a strong income stream.
Which has lower fees, QDTE or QQQ?
QDTE has an expense ratio of 0.96% while QQQ charges 0.18%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in QDTE vs QQQ generate?
At current rates, $10,000 in QDTE would generate roughly $234.67 per month ($2,816.00 annually). The same in QQQ would produce about $3.33 per month ($40.00 annually).
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