XBOXRoundhill Ultra Short Duration No Dividend Target ETF
Seeks capital appreciation.
By Roundhill Investments · Launched 2026
0.14%
#664 of 5,562 · low cost
$383M
#1,789 of 5,562 · large
—
3 months
#5,307 of 5,562 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 1 holdings = 0.1% of fund✓ well diversified
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Bond profile
Where to buy
Listing
- Exchange
- Cboe BZX, NYSE American
Full fund details
- Objective
- Seeks capital appreciation.
- Strategy
- Actively manages a portfolio of box spreads using synthetic long and short positions in options on various reference assets to seek capital appreciation.
- Inception date
- March 17, 2026
- Fund family
- Roundhill Investments
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Covered call ETF — yield ≠ total return
The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.
Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Why we flagged this: strategy=option_income + option_income_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-19