XDTE vs IVVW: Income Fund Comparison
Roundhill S&P 500 0DTE Covered Call Strategy ETF - US (XDTE) and iShares S&P 500 BuyWrite ETF - US (IVVW) 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: XDTE individual review · IVVW individual review
XDTE: Gross expense ratio is 0.97% per year per the fund page - in the 0.75%-0.99% band. IVVW: Expense ratio is 0.25%. This is very low for a covered call fund. XDTE fund launched March 7 2024 - about 2.4 years old as of the review date - rounds up to 3 years. IVVW fund inception date was March 14 2024 - about 2.2 years which rounds up to 3 years. Full Dependability and Return scores for both funds are available in the app.
| XDTE | IVVW | |
|---|---|---|
| Fund Name | Roundhill S&P 500 0DTE Covered Call Strategy ETF - US | iShares S&P 500 BuyWrite ETF - US |
| Fund Type | Index Based Fund | Index Based Fund |
| Exchange | NYSE/NASDAQ | NYSE/NASDAQ |
| Last Reviewed | Aug 17, 2026 | Jun 24, 2026 |
| Author | Adam Hyde, Income Investing Analyst | |
🔒 Full scores available — with Premium subscription
Compare Performance — Free →Fund Attributes: XDTE vs IVVW 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% per year per the fund page - in the 0.75%-0.99% band.
Expense ratio is 0.25%. This is very low for a covered call fund.
Roundhill Investments surpassed $30 billion in total assets under management across all funds as of June 26 2026 per company press release.
iShares (BlackRock) manages well over 3 trillion in assets.
Fund launched March 7 2024 - about 2.4 years old as of the review date - rounds up to 3 years.
Fund inception date was March 14 2024 - about 2.2 years which rounds up to 3 years.
Fund AUM is $345.08 million as of 8/14/2026 per the fund page - above the 300 million threshold but below 600 million.
Net assets are about 286.86 million.
Risk: XDTE vs IVVW 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.
Beta is about 0.87 vs SPY over the price series (2024-03-15 to 2026-08-15) - moderately below market sensitivity. Standalone volatility is about 13.58% annualized (weekly total returns) - low-to-moderate price choppiness. Both the beta score and standalone volatility score are 4 so the combined rating is 4.
Beta is 0.67 vs SPY over the price series since March 2024 - below market sensitivity. Standalone volatility is about 10.60% annualized (weekly returns) which is low-to-moderate and confirms the low beta reading.
See the full Risk analysis for both XDTE and IVVW — volatility ratings, diversification scores, and analyst notes.
View Plans →Return: XDTE vs IVVW 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.
Pays weekly distributions - confirmed from the distribution history table which shows a payment nearly every week since inception.
Pays monthly - confirmed from distribution history.
See the full Return analysis for both XDTE and IVVW — 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 XDTE and IVVW are available in the Dependable Income Investing app.
See our full scoring methodology →
Frequently Asked Questions: XDTE vs IVVW
Which has a lower expense ratio, XDTE or IVVW?
XDTE: Gross expense ratio is 0.97% per year per the fund page - in the 0.75%-0.99% band.
IVVW: Expense ratio is 0.25%. This is very low for a covered call fund.
Which fund has more assets under management, XDTE or IVVW?
XDTE: Fund AUM is $345.08 million as of 8/14/2026 per the fund page - above the 300 million threshold but below 600 million.
IVVW: Net assets are about 286.86 million.
Which fund has been trading longer, XDTE or IVVW?
XDTE: Fund launched March 7 2024 - about 2.4 years old as of the review date - rounds up to 3 years.
IVVW: Fund inception date was March 14 2024 - about 2.2 years which rounds up to 3 years.
Who manages XDTE vs IVVW?
XDTE: Roundhill Investments surpassed $30 billion in total assets under management across all funds as of June 26 2026 per company press release.
IVVW: iShares (BlackRock) manages well over 3 trillion in assets.
Where can I see the full XDTE vs IVVW 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.
What is the difference between XDTE and IVVW?
Roundhill S&P 500 0DTE Covered Call Strategy ETF - US is a Index Based Fund. Gross expense ratio is 0.97% per year per the fund page - in the 0.75%-0.99% band. iShares S&P 500 BuyWrite ETF - US is a Index Based Fund. Expense ratio is 0.25%. This is very low for a covered call fund. Full comparison including Dependability Score is available in the Dependable Income Investing app.
Which is better for income investors, XDTE or IVVW?
XDTE: Gross expense ratio is 0.97% per year per the fund page - in the 0.75%-0.99% band. Fund launched March 7 2024 - about 2.4 years old as of the review date - rounds up to 3 years. IVVW: Expense ratio is 0.25%. This is very low for a covered call fund. Fund inception date was March 14 2024 - about 2.2 years which rounds up to 3 years. Which scores higher on Dependability and Return is available in the Dependable Income Investing app.
Do XDTE and IVVW pay monthly distributions?
XDTE: Pays weekly distributions - confirmed from the distribution history table which shows a payment nearly every week since inception. IVVW: Pays monthly - confirmed from distribution history. Full yield and distribution stability scores for both funds are available in the Dependable Income Investing app.
See the Full XDTE vs IVVW 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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