XPAY
Roundhill S&P 500 Target 20 Managed Distribution ETF
The Roundhill S&P 500 Target 20 Managed Distribution ETF aims to provide investors with a consistent income stream by distributing monthly payouts while maintaining exposure to the performance of the S&P 500 Index.
Risk Management
DERIVATIVES
Active
MANAGEMENT STYLE
$ 144.7 M
ASSETS UNDER MGMT
49 bp
EXPENSES
Fund Basics
| Inception date | Oct 30, 2024 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top Holdings
| SPY 02/12/2027 33.47 C | 16.5 % |
| SPY 12/11/2026 33.1 C | 14.8 % |
| SPY 03/12/2027 33.67 C | 13.8 % |
| SPY 04/16/2027 33.87 C | 13.8 % |
| SPY 01/15/2027 33.21 C | 8.4 % |
| SPY 08/14/2026 0.01 C | 5.1 % |
| SPY 05/14/2027 36.08 C | 4.6 % |
| SPY 06/10/2026 0.01 C | 4.5 % |
| CASH & OTHER | 4.0 % |
| SPY 10/13/2026 0.01 C | 4.0 % |
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -1.6% | 5.2% | -- | -- | -- | -- | -- | -5.1% |
| Dividend Yield | 7.1% | 24.7% | -- | -- | -- | -- | -- | 22.5% |
| Total Returns | 5.4% | 29.9% | -- | -- | -- | -- | -- | 17.4% | Ann. Volatility | 14.0% | 12.5% | -- | -- | -- | -- | -- | 17.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.99 | 98% |
| MSCI EAFE | 0.62 | 53% |
| MSCI Emg Mkts | 0.49 | 53% |
Liquidity Measures
| Avg. volume (000) | 81 |
| ADV traded (mns) | $4 |
| Turnover | 3.0% |
| Avg. Bid/Ask (% of price) | 0.10% |
Technical Indicators
| 30d moving avg. (EMA) | $51.88 |
| Relative strength (RSI) | 64 |
| MACD/Signal | 1.09/1.05 |
| Bollinger Bands (Upper/Lower) | $54.51/$50.62 |
| Short interest (% of AUM) | 2.5% |
Distributions