Daily-expiry income ETFs in the income overlay

ETFs that sell options expiring the same day for income. Driven by very short-term volatility.

11ETFs in this category
$1.7bnmoney in them
0.1%of the income overlay’s money
QDTElargest unleveraged ETF, 52.2%

How they did, to Nov 2, 2026

1 monthYTD12 months
Category median−2.3%+9.9%+11.1%
Its story+3.5%+12.2%+14.1%
Broad US ETFs−2.5%+11.5%+11.8%

Every ETF here, largest first

#ETFNameAssetsShare12 monthsFee
1QDTERoundhill Nasdaq-100 0DTE Covered Call Strategy ETF$894m52.2%+9.4%0.96%
2XDTERoundhill S&P 500 0DTE Covered Call Strategy ETF$319m18.6%+11.1%0.97%
3RDTERoundhill Russell 2000 0DTE Covered Call Strategy ETF$155m9.1%+14.1%0.97%
4IWMYDefiance R2000 Target 30 Weekly Distribution ETF$81m4.7%+4.7%1.05%
5WDTEDefiance S&P 500 Target 30 Weekly Distribution ETF$70m4.1%+11.7%1.03%
6QQQTDefiance Nasdaq 100 Income Target ETF$53m3.1%+5.1%1.20%
7TMGNTappalpha Cboe Magnificent 10 Growth & Daily Income ETF$43m2.5%–0.88%
8SDTYYieldMax S&P 500 0DTE Covered Call Strategy ETF$41m2.4%+11.3%1.08%
9QDTYYieldMax Nasdaq 100 0DTE Covered Call Strategy ETF$39m2.3%+6.4%1.17%
10RDTYYieldMax Russell 2000 0DTE Covered Call Strategy ETF$15m0.9%+14.0%1.73%
11ODTEVegaShares SPX NDX RTY Premium Income ETF$2m0.1%–0.76%

Other categories in the income overlay

Common questions

Which ETFs are daily-expiry income ETFs?11 US ETFs sit in this category of the income overlay. ETFs that sell options expiring the same day for income. Driven by very short-term volatility.
What is the largest daily-expiry income ETF?QDTE, Roundhill Nasdaq-100 0DTE Covered Call Strategy ETF, with $894m, 52.2% of the category's money.
How have daily-expiry income ETFs performed?The median unleveraged ETF here returned +11.1% over the last 12 months to Nov 2, 2026, against +11.8% for broad US ETFs. Past performance, not a forecast.