RDTE vs IWMY: Income Fund Comparison
Roundhill Small Cap ODTE Covered Call Strategy ETF - US (RDTE) and Defiance R2000 Weekly Distribution ETF - US (IWMY) are both income-focused funds. Below is our independent side-by-side review using the Dependable Income Investing 13-factor scoring system — designed specifically for income investors seeking reliable, sustainable distributions.
Also see: RDTE individual review · IWMY individual review
| RDTE | IWMY | |
|---|---|---|
| Fund Name | Roundhill Small Cap ODTE Covered Call Strategy ETF - US | Defiance R2000 Weekly Distribution ETF - US |
| Fund Type | Index Based Fund | Index Based Fund |
| Exchange | NYSE/NASDAQ | NYSE/NASDAQ |
| Last Reviewed | 2025-11-12 | not treasuries." |
🔒 Full scores available — with Premium subscription
Compare Performance — Free →Fund Attributes: RDTE vs IWMY 20% of overall score
Fund Attributes cover the foundational characteristics of each fund: cost, company backing, track record, and size. These factors reflect stability and cost-efficiency for long-term income investors.
Gross expense ratio is 0.97% which is high due to the daily options trading.
Expense ratio is 1.05% which is high. Increased from 1.02% in the previous review.
As of early November 2025 - Roundhill Investments has over $10.26 billion in assets under management (AUM) - a figure that places it as the 42nd largest ETF provider in the U.S.
Defiance ETFs surpassed $8 Billion in assets under management as of January 2026.
Fund inception date was Sept 9 2024.
Fund inception date was Oct 30th 2023 - approximately 2.3 years of history as of review date. In early October 2024 the fund moved from monthly to weekly distributions.
About 170 million in AUM for the fund.
$100.32 Million in assets under management which is a very small fund. Fund has shrunk from $113 Million in the previous review - likely due to poor performance.
Risk: RDTE vs IWMY 35% of overall score
Risk factors evaluate how each fund manages volatility, diversification, and the nature of its underlying assets — critical considerations for income investors who prioritise capital preservation.
See the full Risk analysis for both RDTE and IWMY — volatility ratings, diversification scores, and analyst notes.
View Plans →Return: RDTE vs IWMY 45% of overall score
Return factors assess income generation quality: current yield, distribution consistency, price history, and payment frequency. This is the most heavily weighted category for income investors.
See the full Return analysis for both RDTE and IWMY — yield ratings, distribution consistency scores, and capital history.
View Plans →Our Review Methodology
Every fund reviewed on Dependable Income Investing is scored using our 13-factor Fund Report Card, organised into three weighted categories: Fund Attributes (20%), Risk (35%), and Return (45%). Each criterion is rated 1–5 by our analysts based on publicly available fund data.
We also calculate a Dependability Score — a weighted composite of six income-specific factors ranked by importance for retirement income investors: Yield Stability, Yield, Volatility, Capital History, Fund Risk, and Underlying Assets. This score answers the question income investors care about most: can I depend on this fund to pay me reliably?
Full scores, ratings, and analyst notes for both RDTE and IWMY are available in the Dependable Income Investing app.
Frequently Asked Questions: RDTE vs IWMY
Which has a lower expense ratio, RDTE or IWMY?
RDTE: Gross expense ratio is 0.97% which is high due to the daily options trading.
IWMY: Expense ratio is 1.05% which is high. Increased from 1.02% in the previous review.
Which fund has more assets under management, RDTE or IWMY?
RDTE: About 170 million in AUM for the fund.
IWMY: $100.32 Million in assets under management which is a very small fund. Fund has shrunk from $113 Million in the previous review - likely due to poor performance.
Which fund has been trading longer, RDTE or IWMY?
RDTE: Fund inception date was Sept 9 2024.
IWMY: Fund inception date was Oct 30th 2023 - approximately 2.3 years of history as of review date. In early October 2024 the fund moved from monthly to weekly distributions.
Who manages RDTE vs IWMY?
RDTE: As of early November 2025 - Roundhill Investments has over $10.26 billion in assets under management (AUM) - a figure that places it as the 42nd largest ETF provider in the U.S.
IWMY: Defiance ETFs surpassed $8 Billion in assets under management as of January 2026.
Where can I see the full RDTE vs IWMY comparison with scores?
The complete side-by-side comparison — including all Risk and Return scores, analyst notes, Overall Score, and Dependability Score for both funds — is available in the Dependable Income Investing app.
See the Full RDTE vs IWMY Comparison
The Dependable Income Investing app gives you the complete picture: all 13 scoring factors for both funds, Risk and Return analyst notes, Dependability Scores, and tools to compare any income fund side by side.
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