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: 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. IVVW: MER is 0.25%. This is very low for a covered call fund. XDTE the fund launched March 7 2024 so it is still relatively new. IVVW fund inception date was March 14 2024. 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 | 2025-07-10 | 2025-06-04 |
| 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.
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.
MER is 0.25%. This is very low for a covered call fund.
As of June 2025 - Roundhill has over $5 billion in AUM across all funds.
iShares Blackrock has more than 3.3 Trillion under management.
The fund launched March 7 2024 so it is still relatively new.
Fund inception date was March 14 2024.
Approximately $400 million in the fund as of July 2025.
40 Million net assets invested in this fund.
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.
slightly lower volatility than the S&P 500.
Portfolio visualizer says the beta is 0.62 which is lower volatility than the overall market.
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.
Pays monthly.
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: 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.
IVVW: MER is 0.25%. This is very low for a covered call fund.
Which fund has more assets under management, XDTE or IVVW?
XDTE: Approximately $400 million in the fund as of July 2025.
IVVW: 40 Million net assets invested in this fund.
Which fund has been trading longer, XDTE or IVVW?
XDTE: The fund launched March 7 2024 so it is still relatively new.
IVVW: Fund inception date was March 14 2024.
Who manages XDTE vs IVVW?
XDTE: As of June 2025 - Roundhill has over $5 billion in AUM across all funds.
IVVW: iShares Blackrock has more than 3.3 Trillion under management.
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. 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. iShares S&P 500 BuyWrite ETF - US is a Index Based Fund. MER 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: 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. The fund launched March 7 2024 so it is still relatively new. IVVW: MER is 0.25%. This is very low for a covered call fund. Fund inception date was March 14 2024. 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. IVVW: Pays monthly. 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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