RDTE Review: Roundhill Small Cap ODTE Covered Call Strategy ETF - US
Roundhill Small Cap ODTE Covered Call Strategy ETF - US (RDTE) is a index based fund listed on the NYSE/NASDAQ. Below is our independent review using the Dependable Income Investing 13-factor scoring system, covering Fund Attributes, Risk, and Return — designed specifically for income-focused investors.
Fund Attributes 20% of overall score
Fund Attributes cover the foundational characteristics of RDTE: cost, company backing, track record, and size. These factors reflect the fund's stability and cost-efficiency.
Expense Ratio (25%)
Gross expense ratio is 0.97% which is high due to the daily options trading.
Fund Company Size (5%)
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.
Fund History (40%)
Fund inception date was Sept 9 2024.
Fund AUM (30%)
About 170 million in AUM for the fund.
Risk 35% of overall score
Risk factors evaluate how RDTE manages volatility, diversification, and the nature of its underlying assets. These are critical for income investors who prioritise capital preservation.
Volatility
Lower volatility may indicate more stability — important for investors living off their income.
Fund is fairly volatile at 1.4 beta.
Sector Diversification
Holding across more sectors reduces the impact of any single industry downturn.
Geographic Diversification
Exposure across geographies can reduce risk from any single country's economic conditions.
Fund Risk
The fund's overall risk profile, based on self-reported classifications where available.
Underlying Assets
What the fund actually holds — stocks, bonds, synthetics, or other funds — affects risk profile significantly.
See our full Risk analysis for RDTE — including analyst notes on volatility, diversification, and underlying assets.
View Plans →Return 45% of overall score
Return factors assess the income generation quality of RDTE: current yield, distribution consistency, price history, and payment frequency. This is the most heavily weighted category for income investors.
Yield
The current dividend yield, reflecting the annual income generated relative to fund price.
Yield Stability
How consistent the distribution amounts have been over time — critical for income investors who budget around payments.
Capital History
The fund's track record of price appreciation or depreciation, reflecting total return alongside income.
Distribution Frequency
How often the fund pays distributions — monthly payments are generally preferred by income investors.
This is a weekly payer.
See our full Return analysis for RDTE — yield rating, distribution consistency score, 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 is designed to answer the question income investors care about most: can I depend on this fund to pay me reliably?
Full scores, ratings, and analyst notes are available in the Dependable Income Investing app.
See our full scoring methodology →
Frequently Asked Questions About RDTE
What is RDTE's expense ratio?
Gross expense ratio is 0.97% which is high due to the daily options trading.
How long has RDTE been trading?
Fund inception date was Sept 9 2024.
How large is RDTE by assets under management?
About 170 million in AUM for the fund.
Who manages 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.
Where can I see the full RDTE review?
The complete 13-factor review — including all Risk and Return scores, analyst notes, and your Dependability Score — is available in the Dependable Income Investing app.
Does RDTE pay monthly dividends?
This is a weekly payer. Full distribution history and yield stability score are available in the Dependable Income Investing app.
Is RDTE a high-volatility fund?
Fund is fairly volatile at 1.4 beta. See the full volatility score and risk analysis in the Dependable Income Investing app.
How often does RDTE pay distributions?
This is a weekly payer. Distribution consistency and yield stability ratings are available in the app.
Also Compare RDTE
See the Full RDTE Review
The Dependable Income Investing app gives you the complete picture: all 13 scoring factors, analyst notes, Dependability Score, and tools to compare RDTE against other income funds side by side.
View Plans →Also available: free fund comparison tools in the app.