Dividend comparison
QDTE vs RDTE: Which Is Better for Income?
Fees, yield, total returns, drawdowns, holdings overlap and dividend history for Roundhill Nasdaq-100 0DTE Covered Call ETF Strategy ETF and Roundhill Investments - Russell 2000 0DTE Covered Call Strategy ETF, side by side. Updated October 21, 2026.
QDTE vs RDTE: key differences
The short answer, from the latest data on this page.
- Fees. QDTE is cheaper at 0.96% a year versus 0.97% for RDTE. On $10,000 that is $1 a year less in fees.
- Income. QDTE pays more income, yielding 44.45% over the last twelve months versus 44.20% for RDTE. That is about $25 more a year on $10,000. Both pay weekly.
- Performance. Over the last 1 year, QDTE returned -18.7% versus -20.7% for RDTE, with dividends reinvested. $10,000 would have grown to $8,130 in QDTE and $7,928 in RDTE.
- Risk. Their worst declines over the last 1 year were similar: -24.3% for QDTE and -24.4% for RDTE from peak to trough.
- Diversification. QDTE holds 6 positions and RDTE holds 4. The ten largest positions make up 191.0% of QDTE and 190.9% of RDTE.
- Overlap. 8% of the two portfolios overlap by weight, across 2 shared holdings. They mostly own different companies, so they can complement each other.
- Size. QDTE is the larger fund with $913 million in assets, against $155 million for RDTE.
Bottom line: QDTE has the edge on these figures, with stronger 1-year returns and broader diversification. RDTE does not lead on any of the measures compared here.
Side-by-side snapshot
Trailing twelve-month figures where available. Higher yield is highlighted — not a buy recommendation.
| Metric | QDTE Roundhill Nasdaq-100 0DTE Covered Call ETF Strategy ETF | RDTE Roundhill Investments - Russell 2000 0DTE Covered Call Strategy ETF |
|---|---|---|
| Dividend yield (TTM) | 44.45% | 44.20% |
| Dividend / share (TTM) | $12.50 | $11.26 |
| Payout frequency | Weekly | Weekly |
| Last dividend | $0.1292 on Oct 16, 2026 | $0.1484 on Oct 16, 2026 |
| Ex-dividend date | Oct 15, 2026 | Oct 15, 2026 |
| Price | $28.13 | $25.48 |
| Beta | 1.25 | 1.04 |
| Max drawdown (5Y) | -24.3% | -24.4% |
| Market cap | $902.1M | $154.0M |
| Exchange | CBOE | CBOE |
| Expense ratio | 0.96% | 0.97% |
| Assets under management | $912.7M | $154.6M |
| Number of holdings | 6 | 4 |
| Top 10 concentration | 191.0% | 190.9% |
Income on a $10,000 investment
Illustrative only — assumes current TTM yield stays constant. Actual distributions change.
QDTE
$370.39/mo
$4445 /yr at 44.45% yield
RDTE
$368.32/mo
$4420 /yr at 44.20% yield
Dividend history
Total dividends paid per share in each calendar year. QDTE pays weekly; RDTE pays weekly.
| Year | QDTE | RDTE |
|---|---|---|
| 2025 | $13.5402 | $13.6433 |
Strategy: Options income
These funds own equities and sell call options against them, converting a share of future price appreciation into cash paid out now. How much upside is surrendered depends on the design: writing at the money on the whole portfolio pays the most and keeps the least, while writing on a partial slice or using purchased offsets keeps more of a rally. Distributions come mainly from option premium rather than from company dividends, so the headline yield is not comparable to a dividend fund's.
Payouts are variable rather than contractual, are often taxed as ordinary income, and a fund that pays out more than the strategy earns will see its net asset value drift down over time.
Performance
Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on Sep 10, 2024 would now be worth $10,411 in QDTE and $9,497 in RDTE.
| Period | QDTE | RDTE |
|---|---|---|
| 1 month | -2.33% | -4.93% |
| 3 months | -3.43% | -11.16% |
| Year to date | -8.79% | -13.22% |
| 1 year | -18.70% | -20.72% |
| 3 years | — | — |
| 5 years | — | — |
- QDTE
- RDTE
Both series indexed to 100 on 2024-09-10 using the adjusted closing price series. Past performance does not guarantee future results.
Sector allocation
Weight of each sector within the fund. Sectors are aligned on the same row so the two funds can be read against each other directly.
- QDTE
- RDTE
QDTE vs RDTE holdings overlap
8% overlap by weight, with 2 holdings in common. Overlap adds up the smaller of the two weights for every stock both funds own, so 100% would mean identical portfolios.
Top 10 holdings
Largest positions by portfolio weight.
QDTE6 holdings total
| Name | Weight |
|---|---|
| 4QQQ 271119C00070110QQQ 11/19/2027 70.11 C | 73.39% |
| 4NDX 270319C02510150NDX 03/19/2027 2510.15 C | 25.86% |
| 4NDX 261218C024501004NDX US 12/18/26 C2450.1 FLX | 25.04% |
| 4NDX 270611C03059420NDX 06/11/2027 3059.42 C | 22.05% |
| 4NDX 260918C022500004NDX US 09/18/26 C2250 FLX | 18.15% |
| 4QQQ 270917C00070690QQQ 09/17/2027 70.69 C | 17.65% |
| WEEKRoundhill Weekly T-Bill ETF | 5.25% |
| FGXXXFirst American Government Obligations Fund 12/01/2031 | 3.59% |
RDTE4 holdings total
| Name | Weight |
|---|---|
| 4IWM 271119C00027810IWM 11/19/2027 27.81 C | 89.61% |
| 4RUT 270319C00252300RUT 03/19/2027 252.3 C | 47.70% |
| 4RUT 261218C002462004RUT US 12/18/26 C246.2 FLX | 43.79% |
| WEEKRoundhill Weekly T-Bill ETF | 6.77% |
| FGXXXFirst American Government Obligations Fund 12/01/2031 | 3.04% |
Quick verdict
QDTE has the edge on these figures, with stronger 1-year returns and broader diversification. RDTE does not lead on any of the measures compared here. Model the holding inside your real portfolio before deciding.
Still deciding? Compare them in your portfolio
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Frequently asked questions
Is QDTE or RDTE better for dividend income?
It depends on your goals. QDTE currently yields 44.45% Trailing Twelve Months (TTM) while RDTE yields 44.20%. Higher yield means more current income per dollar invested, but may come with different risk, growth, or NAV characteristics. Compare total return and payout sustainability — not just the headline yield.
What is the difference between QDTE and RDTE?
Roundhill Nasdaq-100 0DTE Covered Call ETF Strategy ETF (QDTE) is an ETF listed on CBOE. Roundhill Investments - Russell 2000 0DTE Covered Call Strategy ETF (RDTE) is an ETF listed on CBOE. Side-by-side metrics on this page cover yield, fees, returns, drawdowns, holdings overlap and dividend history when available.
Which is cheaper, QDTE or RDTE?
QDTE has the lower expense ratio. QDTE charges 0.96% a year and RDTE charges 0.97%, a difference of $1 a year on a $10,000 investment.
Which has performed better, QDTE or RDTE?
Over the last 1 year, QDTE has the higher total return with dividends reinvested: QDTE returned -18.7% and RDTE returned -20.7%. Past performance does not predict future returns.
Which is riskier, QDTE or RDTE?
Measured by the worst peak-to-trough decline over the last five years, RDTE has been riskier: QDTE fell as much as 24.3% and RDTE as much as 24.4%. Their betas are 1.25 and 1.04.
How much do QDTE and RDTE overlap?
About 8% of the two portfolios overlap by weight, across 2 shared holdings. The largest shared positions are WEEK, FGXXX. Holding both still adds meaningful diversification.
How often do QDTE and RDTE pay dividends?
Both pay weekly. The most recent payments were $0.1292 for QDTE and $0.1484 for RDTE.
How much income does $10,000 in QDTE vs RDTE generate?
At current TTM yields, $10,000 in QDTE would generate roughly $370.39 per month ($4445 annually). The same amount in RDTE would produce about $368.32 per month ($4420 annually). Actual payouts vary with distribution changes and reinvestment.
Can I hold both QDTE and RDTE?
Yes. Many income investors hold both to diversify strategy or index exposure. Whether the combination actually diversifies depends on overlapping holdings and factor exposure. Model both inside Dividend Wealth to see combined income, sector mix, and forecast impact.
Where can I compare QDTE vs RDTE with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how QDTE and RDTE fit alongside the rest of your portfolio. A 14-day free trial of Standard is available with no credit card required; a limited Free plan is also available.
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For informational and educational purposes only. Not investment advice. Past performance and current yields do not guarantee future results. Verify figures independently before making investment decisions.