Roundhill Innovation-100 0DTE Covered Call… (QDTE) Performance
QDTE total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +12.6% since Dec 31, 2025
- 1 year
- +16.6% total return
- Since first price
- +55.9% since 2024
QDTE trailing returns vs SPY, QQQ, AGG
| Period | QDTE total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −4.0% | −5.9% | −1.0% | −5.0% | +0.9% |
| 3 months | +1.9% | −4.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +8.3% | −6.7% | +7.8% | +8.4% | −1.5% |
| YTD | +12.6% | −10.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +16.6% | −21.5% | +14.4% | +15.9% | −1.1% |
| Since inceptionMar 7, 2024 | +55.9% | −40.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: QDTE vs SPY
From Mar 7, 2024: QDTE grew to $15,592, SPY to $15,245.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
QDTE returns by calendar year
1 of 1 full years positive. Best 2025 (+19.3%), worst 2025 (+19.3%). 2026 is year to date.
QDTE annual returns table
| Year | QDTE | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +12.6% | −10.2% | +12.3% | +15.1% | −1.0% |
| 2025 | +19.3% | −22.9% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
QDTE largest drawdowns
Now 6.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2025 | −22.9% | Apr 21, 2025 | Jul 17, 2025 | 2 months | 5 months |
| Jul 10, 2024 | −10.7% | Aug 5, 2024 | Sep 19, 2024 | 26 days | 2 months |
| Jan 28, 2026 | −10.2% | Mar 30, 2026 | Apr 17, 2026 | 2 months | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
QDTE risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +21.6% |
| Volatility (annualized) | 16.2% |
| Sharpe ratio | 1.03 |
| Sortino ratio | 2.01 |
| Best month | +12.0% |
| Worst month | −6.0% |
| Best 12 months | +42.1% |
| Worst 12 months | +9.0% |
| Positive months | 60% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
QDTE rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 20 | +9.0% | +18.9% | +42.1% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
QDTE performance overview
Roundhill Innovation-100 0DTE Covered Call… (QDTE) returned +16.6% over the past year, with distributions reinvested. Since its first recorded price on Mar 7, 2024 it has returned +55.9%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −22.9%, from Feb 19, 2025 to Apr 21, 2025, and it took 3 months to get back to the old high. Volatility has been 16.2% a year.
Related: QDTE chart, QDTE dividends. See the QDTE overview for the latest quote and fund facts.
QDTE performance FAQ
What is the QDTE return over the past year?
QDTE returned +16.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 21.5%.
How much would $10,000 invested in QDTE be worth?
$10,000 invested in QDTE at its first recorded close on March 7, 2024 would be worth about $15,592 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of QDTE?
The largest peak-to-trough decline was −22.9% between February 19, 2025 and April 21, 2025. It recovered to the old high on July 17, 2025, 3 months after the bottom.
How volatile is QDTE?
Over the past history QDTE had an annualized volatility of 16.2% and a Sharpe ratio of 1.03 (excess return over 1–3 month T-bills per unit of risk).