RDTE Fees and Costs — Roundhill Russell 2000 0DTE Covered Call Strategy ETF
Data updated: 2026-09-18
The net expense ratio is 0.97%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $218K in broker commissions, 0.1418% of average net assets, and portfolio turnover was 74%.
RDTE Fees and Expenses
Annual operating expenses and sales charges of RDTE. Prospectus, as of September 18, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.97% |
| Fee waiver | — |
| Net expense ratio | 0.97% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
RDTE Costs Over Time
On $10,000 invested in RDTE, assuming 5% a year before costs, total costs come to $694 over 5 years, cutting the return by 1.17% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.97%) | $102 | $317 | $550 |
| Trading costs (broker commissions) | $15 | $46 | $80 |
| Lost growth on money paid in costs | $0 | $18 | $64 |
| Total costs | $117 | $382 | $694 |
| Value after costs | $10,383 | $11,194 | $12,069 |
| Impact on return, per year | 1.17% | 1.17% | 1.17% |
RDTE Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1418%
- Total broker commissions: $218K
- Bought from dealers (principal trades, not a cost): $11.9M
- Portfolio turnover (prospectus): 74%
- Securities lending: none during the year
RDTE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $154K | 70.97% |
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $62K | 28.37% |
| STONEX FINANCIAL INC. | $1K | 0.66% |
RDTE Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $11.9M | 100.00% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.