Roundhill ETF Trust Roundhill Ether Covered Call Strategy ETFRoundhill ETF Trust Roundhill Ether Covered Call Strategy ETFRoundhill ETF Trust Roundhill Ether Covered Call Strategy ETF

Roundhill ETF Trust Roundhill Ether Covered Call Strategy ETF

No trades
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Key stats


Assets under management (AUM)
‪3.92 M‬USD
Fund flows (1Y)
‪4.04 M‬USD
Dividend yield (indicated)
94.72%
Discount/Premium to NAV
−0.4%

About Roundhill ETF Trust Roundhill Ether Covered Call Strategy ETF


Issuer
Roundhill Financial, Inc.
Brand
Roundhill
Expense ratio
0.95%
Inception date
Sep 4, 2024
Index tracked
No Underlying Index
Management style
Active
YETH aims to generate monthly income while providing exposure to the price returns of one or more US-listed ETFs holding Ether futures contracts (Ether ETFs), subject to a cap on potential gains. The fund utilizes a synthetic covered call strategy via standardized exchange-traded and FLEX options, which consists of i) synthetic long exposure, ii) covered call writing, and iii) US Treasurys and cash. The synthetic long exposure seeks to replicate the price movements of the Ether ETFs by buying call options and selling put options. To generate income, the fund writes one-month, out-of-the-money call options that will be held to or close to expiration. This limits the funds participation in potential gains if the ETF shares increase in value. The short put positions fully expose investors to the downside of the ETF share prices. The fund may directly hold shares of the Ether ETFs. However, the fund does not invest directly in Ether and has no direct exposure to the spot price of Ether.

Classification


Asset Class
Currency
Category
Pair
Focus
Long Ether, short USD
Niche
Derivative
Strategy
Buy-write
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Mutual fund
Cash
Bonds, Cash & Other100.00%
Government71.42%
Mutual fund19.90%
Cash15.12%
Rights & Warrants5.07%
Miscellaneous−11.52%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
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Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.