XDTE Dividend Calculator
Roundhill Daily 0DTE SPY Option Income ETF — Project your returns with dividend reinvestment (DRIP). Pays weekly.
Projection exceeds realistic bounds
These results assume dividends and price growth continue at the same rate for 15 years, which is unlikely for high-yield ETFs. In practice, funds restructure, yields normalize, and NAV erosion limits compounding. Try a shorter time horizon or lower growth rates.
No DRIP vs DRIP
Scenarios
Three paths based on historical CAGRs. Click any card to load it.
What is XDTE?
XDTE is a Roundhill 0DTE (zero-days-to-expiration) option income ETF. Every trading day, the fund sells call options on S&P 500 (SPY) that expire that same day, capturing the rapid time decay (theta) of these ultra-short-dated options.
How XDTE generates income
XDTE is a Roundhill 0DTE (zero-days-to-expiration) option income ETF. Every trading day, the fund sells call options on S&P 500 (SPY) that expire that same day, capturing the rapid time decay (theta) of these ultra-short-dated options.
The daily premium collection is aggregated into weekly distributions. The 0DTE strategy benefits from the accelerated time decay that occurs in the final hours before an option expires — even on flat market days, the fund earns income as option value evaporates.
Compared to monthly covered-call strategies like QYLD or XYLD, the 0DTE approach resets daily, which limits the impact of any single day's market move. However, distributions can still be volatile and the fund's upside is capped on strong rally days.
About the XDTE Dividend Calculator
This XDTE dividend calculator projects how your position grows with and without DRIP (Dividend Reinvestment). Every input is prefilled with live XDTE data — current price, latest per-share distribution, detected payment frequency, and historical CAGR — so you can hit calculate immediately, or override any field to model your own assumptions.
The XDTE DRIP calculator runs two parallel scenarios: one where every distribution is reinvested into more XDTE shares, and one where distributions are taken as cash and never compounded. The gap between the two curves is the compounding premium — the extra wealth you build by letting XDTE dividends buy more shares over time. Extra monthly contributions, tax rates, and custom dividend growth rates are all supported, and every calculation runs in your browser with no additional API calls after page load.
Why this calculator is more accurate than most
Traditional DRIP calculators treat dividend-per-share and share-price as two independent quantities that grow at their own separate rates. That works fine for stocks like SCHD or KO, where management sets the payout and the stock price moves with the business. It breaks badly for option-income ETFs like MSTY, NVDY, or TSLY, where distributions are sourced from option premium on the underlying — meaning the dividend dollar is mechanically a fraction of NAV, not a separate variable. Let those two quantities compound independently and you get absurd outputs (trillion-dollar portfolios from $10K) because the implied yield silently grows to 400%+ as price collapses faster than the dollar dividend.
We solve this with two projection modes. Dividend Growth mode is the standard model — correct for dividend-growth stocks and traditional income ETFs. Yield-on-NAV mode (auto-selected when starting yield exceeds 20%) locks the forward yield and recomputes distributions each year asyield × current NAV, so as price falls, dividend-per-share falls proportionally. This matches the physics of option-income funds and produces realistic projections instead of fantasy numbers.
You can toggle between the two modes above the input form. For XDTE, dividend-growth mode is the default and matches how most investors think about this asset.
Yield on Cost — the metric that matters for XDTE long-term holders
The yearly projection table includes a YoC (Yield on Cost) column. Yield on cost is your annual dividend income divided by what you originally paid — not by what XDTE is worth today. For a dividend-growth ETF, this is the single most important long-term number, because it reflects how the rising payout compounds against your fixed cost basis. A XDTE position bought today might yield 32.8% up front, but at historical dividend growth rates it can compound to a 7-12% YoC over 15-20 years without you adding a dollar. That is the "snowball" effect long-term XDTE holders are paying for, and it is invisible if you only look at headline yield.
The two levers that change results the most are the growth assumptions and the holding period. For a volatile, high-yield fund, a 0% or slightly negative growth assumption is usually more realistic than extrapolating a historical CAGR, because distribution levels often decay as implied volatility normalizes. For stable dividend ETFs and index funds, the 5Y CAGR is a reasonable baseline. The XDTE dividend history page shows every past payment in detail, and the total return analyzer strips out NAV erosion to show your real yield.