SPYT vs XDTE
Defiance S&P 500 Target Income against Roundhill S&P 500 0DTE Covered Call Strategy ETF. Headline yields tell you almost nothing here — below is what each fund actually distributed, what happened to the share price, and the total return that combination produced.
Over the last 12 months XDTE delivered a total return of +15.8% versus +15.2% for SPYT — that is price change plus every distribution actually paid. SPYT advertises a lower headline yield, but headline yield is not what landed in your account.
Prices and 1-year performance as of Sep 3, 2026; distributions through Sep 1, 2026.
- Distributions received (12mo)
- +19.8%
- Share price change
- -4.6%
- Total return
- +15.2%
$3.58 paid per share across 12 distributions.
- Distributions received (12mo)
- +27.2%
- Share price change
- -11.3%
- Total return
- +15.8%
$11.93 paid per share across 52 distributions.
Side by side
| Metric | SPYT | XDTE |
|---|---|---|
| 1-year total return | +15.2% | +15.8%win |
| Headline distribution yield | 20.72% | 30.62%higher |
| Paid per share (12mo) | $3.58 | $11.93higher |
| Share price change (1y) | -4.6%better | -11.3% |
| Payout trend (last 3 vs prior 3) | +1.7% | +6.9%better |
| Expense ratio | 0.92%cheaper | 0.97% |
| Distribution frequency | Monthly | Weekly |
| Payouts in last 12mo | 12 | 52 |
| Fund size | $155M | $326Mbigger |
| Share price | $17.28 | $38.95 |
| Next ex-distribution | Oct 01, 2026 | Sep 10, 2026 |
| Last distribution | $0.29 · Sep 1, 2026 | $0.15 · Sep 3, 2026 |
| Fund family | Defiance | Roundhill |
Distribution history
Last 12 declared payouts per share. Shrinking bars mean the option premium isn't holding up.
- •You want a more moderate 20.72% option-income stream without giving up most of the underlying growth.
- •Its last 12 months were net positive (+15.2%) after distributions.
- •You prefer a lower 0.92% annual fee.
- •Monthly distributions fit how you draw income.
- •Fund size of $155M matters to you for liquidity.
- •You want a more moderate 30.62% option-income stream without giving up most of the underlying growth.
- •Its last 12 months were net positive (+15.8%) after distributions.
- •You prefer a lower 0.97% annual fee.
- •Weekly distributions fit how you draw income.
- •Fund size of $326M matters to you for liquidity.
Other comparisons
Next step
Frequently asked
Is SPYT or XDTE the better investment?
Measured on 12-month total return — share-price change plus every distribution paid — XDTE came out ahead: +15.8% versus +15.2%. Past total return is not a forecast, but it is a far better guide than headline yield.
What is the yield of SPYT vs XDTE?
SPYT currently shows a distribution yield of 20.72% and XDTE shows 30.62%. Over the trailing 12 months SPYT actually paid $3.58 per share and XDTE paid $11.93 per share.
Does SPYT lose value over time?
SPYT's share price changed -4.6% over the last 12 months. That decline means part of the distribution was funded from capital rather than option premium.
Which fund charges more, SPYT or XDTE?
SPYT charges 0.92% a year and XDTE charges 0.97%. Fees come straight out of the option premium that funds your distribution.
How often do SPYT and XDTE pay?
SPYT pays monthly (12 distributions in the last 12 months) and XDTE pays weekly (52 distributions). Paying more often does not increase total return — it just splits the same amount into smaller cheques.
Disclaimer: The information provided on this website/service is for informational purposes only and does not constitute financial, investment, or legal advice. Investing in stocks involves high risk, including the loss of principal. We are not responsible for any financial losses or damages resulting from your reliance on this data. Always consult with a qualified financial professional before making investment decisions.
Trademark Notice: Twylight Crow's Dividend Tracker (formerly indexed as DiviDrip) is an independent portfolio utility. This tool is not affiliated with, authorized, endorsed by, or in any way officially connected to Dividrip.com or its international affiliates.