Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY)
| Assets | $119.70M |
| Expense Ratio | 0.49% |
| PE Ratio | n/a |
| Shares Out | 2.26M |
| Dividend (ttm) | $11.33 |
| Dividend Yield | 21.60% |
| Ex-Dividend Date | Feb 11, 2026 |
| Payout Ratio | n/a |
| 1-Year Return | -6.24% |
| Volume | 77,573 |
| Open | 52.10 |
| Previous Close | 52.59 |
| Day's Range | 52.07 - 52.45 |
| 52-Week Low | 44.53 |
| 52-Week High | 56.51 |
| Beta | n/a |
| Holdings | 16 |
| Inception Date | Oct 31, 2024 |
About XPAY
Fund Home PageThe Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund, whose primary objective is to pay a monthly return of capital distribution at an annualized rate of twenty percent, while providing exposure to the S&P 500 Index. The fund uses predominately FLEX call options to pursue this strategy. XPAY was launched on Oct 31, 2024 and is issued by Roundhill.
Top 10 Holdings
87.46% of assets| Name | Symbol | Weight |
|---|---|---|
| SPY 02/12/2027 33.47 C | 4SPY. 270212C00033470 | 18.24% |
| SPY 12/11/2026 33.1 C | 4SPY. 261211C00033100 | 16.29% |
| SPY 03/12/2027 33.67 C | 4SPY. 270312C00033670 | 15.28% |
| SPY 01/15/2027 33.21 C | 4SPY. 270115C00033210 | 9.23% |
| SPY 03/12/2026 0.01 C | 2SPY. 260312C00000010 | 6.63% |
| SPY 08/14/2026 0.01 C | 2SPY. 260814C00000010 | 5.63% |
| SPY 06/10/2026 0.01 C | 2SPY. 260610C00000010 | 4.96% |
| SPY 10/13/2026 0.01 C | 4SPY. 261013C00000010 | 4.37% |
| SPY 09/11/2026 0.01 C | 2SPY. 260911C00000010 | 3.53% |
| SPY 07/10/2026 0.01 C | 2SPY. 260710C00000010 | 3.30% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 11, 2026 | $0.89954 | Feb 12, 2026 |
| Jan 14, 2026 | $0.89954 | Jan 15, 2026 |
| Dec 10, 2025 | $0.95285 | Dec 11, 2025 |
| Nov 12, 2025 | $0.95285 | Nov 13, 2025 |
| Oct 8, 2025 | $0.95285 | Oct 9, 2025 |
| Sep 10, 2025 | $0.95285 | Sep 11, 2025 |
News
XPAY: Tax-Deferred 20% Yield Meets A Flat Market Test In 2026
Roundhill S&P 500 Target 20 Managed Distribution ETF is rated Hold due to structural NAV erosion and unsustainably high-yield targets. XPAY's ~20% yield is only sustainable if SPY grows at a 20% CAGR,...
XPAY: Middle Of The Road ETF For High Yield Income From The S&P 500
Roundhill S&P 500 Target 20 Managed ETF (XPAY) targets a 20% yield via a synthetic, options-based strategy mimicking S&P 500 movements. XPAY demonstrates superior capital preservation and total return...
SPYT Vs. XPAY: Both Target 20% Yields But XPAY Offers Uncapped S&P 500 Returns
Today we'll compare the Defiance S&P 500 Income Target ETF (SPYT) and Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY), which both target a 20% annualized yield. SPYT uses a covered call sp...
XPAY: 20% Managed Distribution On S&P 500 Exposure
XPAY is a newer ETF offered by Roundhill, offering S&P 500 exposure through options and targeting a 20% annualized distribution rate, paid monthly. The fund's distributions are primarily return of cap...
Roundhill Investments Announces 2024 Distributions for XPAY
NEW YORK , Nov. 5, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, has announced the following ETF distributions for the Roundhill S&P 500® Target ...
Roundhill Investments Launches S&P 500® Target 20 Managed Distribution ETF (XPAY)
XPAY seeks to pay monthly return of capital distributions at an annualized rate of 20%. NEW YORK , Oct. 31, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial p...