11-Apr-2025
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Roundhill Investments Surpasses $4 Billion AUM Milestone
PRNewswire (Thu, 16-Jan 8:30 AM ET)
The Roundhill S&P 500 0DTE Covered Call Strategy ETF ("XDTE") is the first ETF to utilize zero days to expiry ("0DTE") options on the S&P 500. XDTE seeks to provide overnight exposure to the S&P 500 and generate income each morning by selling out-of-the-money 0DTE calls on the Index. XDTE is an actively-managed ETF. The Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in financial instruments (such as options contracts) that utilize the S&P 500 Index as the reference asset. For purposes of compliance with this investment policy, derivative contracts (i.e. options contracts) will be valued at their notional value. The Fund's sold call options will generally have zero days to expiration, known as "0DTE" options, when sold by the Fund. At market open, or shortly thereafter, on every business day, the Fund generally sells out-of-the money 0DTE call options on the N-100 Index that will expire at the end of the day.
Roundhill ETF Trust Roundhill S&P 500 0Dte Covered Call Strategy ETF trades on the BATS stock market under the symbol XDTE.
As of April 11, 2025, XDTE stock price climbed to $40.60 with 472,126 million shares trading.
XDTE has a beta of 0.88, meaning it tends to be less sensitive to market movements. XDTE has a correlation of 0.88 to the broad based SPY ETF.
XDTE has a market cap of $350.58 million. This is considered a Small Cap stock.
XDTE has underperformed the market in the last year with a price return of +3.1% while the SPY ETF gained +4.5%. XDTE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -11.5% and -9.3%, respectively, while the SPY returned -7.7% and -3.9%, respectively.
XDTE support price is $39.27 and resistance is $40.51 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that XDTE shares will trade within this expected range on the day.