Roundhill S&P 500 Target 20 Managed… (XPAY) Performance
XPAY total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +11.7% since Dec 31, 2025
- 1 year
- +13.6% total return
- Since first price
- +34.6% since 2024
XPAY trailing returns vs SPY, QQQ, AGG
| Period | XPAY total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.0% | −2.7% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.8% | −2.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.4% | −3.0% | +7.8% | +8.4% | −1.5% |
| YTD | +11.7% | −5.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +13.6% | −7.5% | +14.4% | +15.9% | −1.1% |
| Since inceptionOct 31, 2024 | +34.6% | −11.4% | — | — | — |
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: XPAY vs SPY
From Oct 31, 2024: XPAY grew to $13,459, SPY to $13,673.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
XPAY returns by calendar year
1 of 1 full years positive. Best 2025 (+16.8%), worst 2025 (+16.8%). 2026 is year to date.
XPAY annual returns table
| Year | XPAY | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +11.7% | −9.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +16.8% | −18.2% | +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.
XPAY largest drawdowns
Now 2.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2025 | −18.2% | Apr 8, 2025 | Jun 26, 2025 | 48 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
XPAY risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +17.1% |
| Volatility (annualized) | 13.1% |
| Sharpe ratio | 0.97 |
| Sortino ratio | 1.91 |
| Best month | +10.7% |
| Worst month | −5.8% |
| Best 12 months | +29.9% |
| Worst 12 months | +13.9% |
| Positive months | 61% |
| 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.
XPAY rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 13 | +11.7% | +16.8% | +29.9% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
XPAY performance overview
Roundhill S&P 500 Target 20 Managed… (XPAY) returned +13.6% over the past year, with distributions reinvested. Since its first recorded price on Oct 31, 2024 it has returned +34.6%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −18.2%, from Feb 19, 2025 to Apr 8, 2025, and it took 3 months to get back to the old high. Volatility has been 13.1% a year.
Related: XPAY chart, XPAY dividends. See the XPAY overview for the latest quote and fund facts.
XPAY performance FAQ
What is the XPAY return over the past year?
XPAY returned +13.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 7.5%.
How much would $10,000 invested in XPAY be worth?
$10,000 invested in XPAY at its first recorded close on October 31, 2024 would be worth about $13,459 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of XPAY?
The largest peak-to-trough decline was −18.2% between February 19, 2025 and April 8, 2025. It recovered to the old high on June 26, 2025, 3 months after the bottom.
How volatile is XPAY?
Over the past history XPAY had an annualized volatility of 13.1% and a Sharpe ratio of 0.97 (excess return over 1–3 month T-bills per unit of risk).