Roundhill Investments - Russell 2000 0DTE Covered Call Strategy ETF
RDTE
Chicago Board Options Exchange- -
USD
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Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 154 West 14th Street, 2nd Floor New York NY United States of America 10011
- IPO Date
- Sep 10, 2024
- Website
- roundhillinvestments.com
- Similar Companies
- Business
- Roundhill Russell 2000 0DTE Covered Call Strategy ETF (RDTE) is an actively managed exchange-traded fund that employs a synthetic covered call strategy using zero days to expiry (0DTE) options on the Russell 2000 Index to seek weekly current income and exposure to the index's price return. The fund generates income by selling out-of-the-money 0DTE call options on the Small Cap Index each morning at market open or shortly thereafter, while achieving synthetic long exposure through the purchase of deep in-the-money FLEX options; it also holds short-term U.S. Treasury securities and money market instruments for its fixed income component. RDTE trades on the Cboe BZX exchange with a net expense ratio of 0.95%, CUSIP 77926X825, and ISIN US77926X8258. RDTE, issued by Roundhill ETF Trust and managed by Roundhill Investments LLC with co-management by Exchange Traded Concepts, LLC, launched on September 10, 2024, and operates within the U.S. equity and fixed income markets targeting small-cap growth and value stocks via derivatives. The fund focuses on institutional and retail investors seeking high income from options premiums alongside capped upside potential from the Russell 2000 Index, with weekly distributions derived primarily from sold option premiums—recent payouts include $0.273542 per share (0.63%) declared for December 27, 2024, and $0.410503 per share (0.90%) for September 27, 2024. It maintains geographic focus on U.S. markets and supports ETF options trading. Roundhill Investments, the ETF's primary sponsor founded in 2018 and headquartered at 154 West 14th Street in New York, New York, specializes in innovative ETFs across thematic equity, options income, and leveraged strategies, having collectively launched over 100 products including several first-to-market offerings like RDTE, the first ETF using 0DTE options on a small-cap index. Recent developments for Roundhill include reaching a $10 billion assets under management milestone in 2025 and ongoing weekly distribution announcements for RDTE alongside peer funds XDTE and QDTE through late 2024 and into 2025, with no major acquisitions, funding rounds, or strategic alliances specific to RDTE reported in the last 1-2 years. The firm remains an SEC-registered investment advisor dedicated to differentiated ETF exposures.