TSPY vs XDTE: Income Fund Comparison
TappAlpha SPY Growth & Daily Income ETF - US (TSPY) and Roundhill S&P 500 0DTE Covered Call Strategy ETF - US (XDTE) 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: TSPY individual review · XDTE individual review
| TSPY | XDTE | |
|---|---|---|
| Fund Name | TappAlpha SPY Growth & Daily Income ETF - US | Roundhill S&P 500 0DTE Covered Call Strategy ETF - US |
| Fund Type | Index Based Fund | Index Based Fund |
| Exchange | NYSE/NASDAQ | NYSE/NASDAQ |
| Last Reviewed | 2025-08-25 | 2025-07-10 |
🔒 Full scores available — with Premium subscription
Compare Performance — Free →Fund Attributes: TSPY vs XDTE 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.
0.77% Management Expense Ratio.
XDTE's gross expense ratio of 0.97% is slightly above average for similar ETFs - reflecting the active management and complexity of the 0DTE options strategy.
TappAlpha is a small Seattle based fund company that launched TSPY mid August 2024.
As of June 2025 - Roundhill has over $5 billion in AUM across all funds.
Inception date was August 15th 2024.
The fund launched March 7 2024 so it is still relatively new.
About $66 million in AUM - small fund.
Approximately $400 million in the fund as of July 2025.
Risk: TSPY vs XDTE 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 TSPY and XDTE — volatility ratings, diversification scores, and analyst notes.
View Plans →Return: TSPY vs XDTE 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 TSPY and XDTE — 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 TSPY and XDTE are available in the Dependable Income Investing app.
Frequently Asked Questions: TSPY vs XDTE
Which has a lower expense ratio, TSPY or XDTE?
TSPY: 0.77% Management Expense Ratio.
XDTE: XDTE's gross expense ratio of 0.97% is slightly above average for similar ETFs - reflecting the active management and complexity of the 0DTE options strategy.
Which fund has more assets under management, TSPY or XDTE?
TSPY: About $66 million in AUM - small fund.
XDTE: Approximately $400 million in the fund as of July 2025.
Which fund has been trading longer, TSPY or XDTE?
TSPY: Inception date was August 15th 2024.
XDTE: The fund launched March 7 2024 so it is still relatively new.
Who manages TSPY vs XDTE?
TSPY: TappAlpha is a small Seattle based fund company that launched TSPY mid August 2024.
XDTE: As of June 2025 - Roundhill has over $5 billion in AUM across all funds.
Where can I see the full TSPY vs XDTE 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 TSPY vs XDTE 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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