QDTE: Roundhill Nasdaq-100 0DTE Covered Call Strategy ETF
Roundhill · 0DTE / Daily Option Income · Tracks Nasdaq-100
Growth of $100
Green is what an investor who reinvested every payout would have; red is the price alone. The gap between them is the income. If the red line keeps falling, the payouts are partly your own money coming back.
Was the payout earned?
Over the last year QDTE paid 47.6% but returned +9.1% in total, so about 20% of the payout was earned; the rest came back out of the fund's own value (its price fell).
| Earned % (3 months) | below -100% |
| Earned % (1 year) | 20% |
| Earned % (full history, up to 5 yrs) | 41% |
Earned % = total return ÷ payouts. 100% means every dollar paid out was earned; below 100% means part of it came from the fund's own value. This is an economic measure based on market price, not the tax label on the payout.
Where the DT Score comes from
Total 44.4 / 100 · rank #198 of 420. How the score works
Risk
| Sortino ratio (1Y) | 0.24 |
| Sharpe ratio (1Y) | 0.18 |
| Steadiness vs S&P 500 | 69% |
| Beta to S&P 500 | 1.33 |
| Correlation to S&P 500 | 0.91 |
| Max drop (1Y) | -13.2% |
| Max drop (up to 5 yrs) | -22.9% |
| Trend | Downtrend |
| History | 2.7 yrs |
Vs. QQQ (what it's built on)
| Upside capture | 92% |
| Downside capture | 91% |
| Capture ratio | 1.02 |
| Beta | 0.91 |
| Correlation | 0.98 |
| Tracking | Closely |
On days QQQ rose, QDTE caught 92% of the gain; on days it fell, QDTE took 91% of the loss.
Payout history
Each bar is one payout (last 36 shown). Pays Weekly.
| Ex-date | Amount |
|---|---|
| 2026-11-05 | $0.1580 |
| 2026-10-29 | $0.1460 |
| 2026-10-22 | $0.1130 |
| 2026-10-15 | $0.1290 |
| 2026-10-08 | $0.1130 |
| 2026-10-01 | $0.1110 |
| 2026-09-24 | $0.1100 |
| 2026-09-17 | $0.1150 |
| 2026-09-10 | $0.1340 |
| 2026-09-03 | $0.1390 |
| 2026-08-27 | $0.1210 |
| 2026-08-20 | $0.2790 |
Funds that track the same thing
Other Nasdaq-100 income funds, ranked by DT Score. See them all · Compare QDTE with the top 3
| Fund | Category | Fwd rate | 12m yield | 1Y total ret. | Earned % 1Y | Upside capt. | Downside capt. | Tracking | DT Score | Momentum | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|
| QYLD Global X NASDAQ 100 Covered Call ETF | Index Covered Call / Option Income | 13.9% | 12.5% | +11.0% | 84% | 54% | 49% | Loosely | 72 | 48 | Downtrend |
| FTQI First Trust Nasdaq BuyWrite Income ETF | Index Covered Call / Option Income | 12.9% | 12.2% | +11.4% | 85% | 54% | 49% | Loosely | 70 | 42 | Downtrend |
| QQQX Nuveen NASDAQ 100 Dynamic Overwrite Fund | CEF - Equity | 10.2% | 9.2% | +13.3% | 123% | 77% | 71% | Loosely | 67 | 42 | Downtrend |
| BSTZ BlackRock Science and Technology Trust II | CEF - Equity | 8.1% | 15.5% | +24.9% | 136% | 130% | 119% | Loosely | 66 | 12 | Downtrend |
| BST BlackRock Science and Technology Trust | CEF - Equity | 6.9% | 15.0% | +18.0% | 108% | 107% | 99% | Loosely | 66 | 30 | Downtrend |
| TDVI FT Vest Technology Dividend Target Income ETF | Index Covered Call / Option Income | 8.2% | 8.0% | +11.6% | 123% | 88% | 84% | Loosely | 65 | 32 | Downtrend |
| CAIQ Calamos Nasdaq Autocallable Income ETF | Autocallable / Structured Income | 19.8% | 16.5% | – | – | 65% | 66% | Closely | 60 | 28 | Downtrend |
| GPIQ Goldman Sachs Nasdaq-100 Premium Income ETF | Index Covered Call / Option Income | 11.9% | 10.3% | +7.7% | 61% | 87% | 86% | Closely | 59 | 26 | Downtrend |
| QYLG Global X Nasdaq 100 Covered Call & Growth ETF | Index Covered Call / Option Income | 8.0% | 18.3% | +8.9% | 46% | 77% | 74% | Closely | 52 | 36 | Downtrend |
| TDAQ TappAlpha Innovation 100 Growth & Daily Income ETF | 0DTE / Daily Option Income | 20.8% | 18.9% | +7.7% | 32% | 98% | 99% | Closely | 51 | 23 | Downtrend |
About QDTE
| Issuer | Roundhill |
| Structure | ETF |
| Category | 0DTE / Daily Option Income |
| Strategy | Sells 0DTE covered calls on index; weekly distributions |
| Underlying | Nasdaq-100 |
| Exposure | Nasdaq-100 / Tech |
| Index linkage | Partial - options/overlay on index |
| Pays | Weekly |
| Expense ratio | 0.95% |
| Launched | 2024-03 |
| Uses leverage | No |
| Upside capped | Yes |
| Rate sensitivity | Neutral |
| Return of capital common | Yes |
| Tax notes | Mostly ROC; index options may get Sec.1256 60/40 treatment |
Research notes: Expense ratio is estimate - verify.
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