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Roundhill Investments - S&P 500 Target 20 Managed Distribution ETF (XPAY)
USD52.69
-0.36 (-0.68%)
AMEX USD US Equity
NAV
USD 53.09
-0.75% vs NAV
as of 2026-07-13
AUM
USD 161.40M
TER
0.49%
Yield (TTM)
20.99%
Distribution
Distributing · Monthly
52-week range
47.47 – 56.18
Holdings
15
Issuer
Roundhill Investments
About this ETF
The Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY) is an actively managed exchange-traded fund. It is structured to provide investors with monthly return of capital distributions, targeting an annualized rate of twenty percent, while simultaneously offering exposure to the S&P 500 index.
ISIN
US77926X8589
Issuer
Roundhill Investments
Domicile
US
Inception
2024-10-31
Asset class
Equity
Price
Top 10 holdings
| SPY 02/12/2027 33.47 C 4SPY 270212C00033470 | 14.87% |
| SPY 03/12/2027 33.67 C 4SPY 270312C00033670 | 12.45% |
| SPY 04/16/2027 33.87 C 4SPY 270416C00033870 | 12.42% |
| SPY 06/11/2027 37.11 C 4SPY 270611C00037110 | 10.89% |
| SPY 07/16/2027 36.7 C 4SPY 270716C00036700 | 10.60% |
| SPY 01/15/2027 33.21 C 4SPY 270115C00033210 | 7.52% |
| SPY 12/11/2026 33.1 C 4SPY 261211C00033100 | 6.92% |
| SPY 05/14/2027 36.08 C 4SPY 270514C00036080 | 5.96% |
| First American Government Obligations Fund 12/01/2031 FGXXX | 4.64% |
| 2SPY US 08/14/26 C0.01 FLX 2SPY 260814C00000010 | 4.57% |
Sector mix
Price chart
USD52.69
-0.36 (-0.68%)
Loading historical data…
Returns
| 1 month | +1.50% |
| 3 months | +4.75% |
| 6 months | -3.43% |
| Year to date | -2.26% |
| 1 year | -2.46% |
| 3 years (ann.) | — |
| 5 years (ann.) | — |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | 13.47% |
| Sharpe (1y) | -0.12 |
| Sharpe (3y) | — |
| Sortino (1y) | -0.15 |
| Max drawdown (1y) | -15.50% |
| Max drawdown (5y) | — |
| Max drawdown (full) | -23.01% |
| Beta vs S&P 500 (1y) | 0.95 |
| Correlation vs S&P 500 (1y) | 0.89 |
Technical outlook as of 2026-07-13
Day Score (bias 0-100, not a probability)
28
P(gain) 22 sessions — probability
48%
VaR 95% (daily)
-1.74%
CVaR 95% (daily)
-2.59%
GARCH vol forecast (22d)
0.99%
Market regime (Markov)
Bear
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Top-10 concentration
90.8%
Effective holdings
10
Disclosed positions
15
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Loading map…
Cost vs. peers
XPAY
0.49%
Equity median
0.39%
Cheapest in class BKLC
0.00%
Comparison universe: 6,948 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-07-08 | 2026-07-09 | USD 0.8995 |
| 2026-06-10 | 2026-06-11 | USD 0.8995 |
| 2026-05-13 | 2026-05-14 | USD 0.8995 |
| 2026-04-08 | 2026-04-09 | USD 0.8995 |
| 2026-03-11 | 2026-03-12 | USD 0.8995 |
| 2026-02-11 | 2026-02-12 | USD 0.8995 |
| 2026-01-14 | 2026-01-15 | USD 0.8995 |
| 2025-12-10 | 2025-12-11 | USD 0.9529 |
| 2025-11-12 | 2025-11-13 | USD 0.9529 |
| 2025-10-08 | 2025-10-09 | USD 0.9529 |
| 2025-09-10 | 2025-09-11 | USD 0.9529 |
| 2025-08-06 | 2025-08-07 | USD 0.9529 |
| 2025-07-09 | 2025-07-10 | USD 0.9529 |
| 2025-06-11 | 2025-06-12 | USD 0.9529 |
| 2025-05-07 | 2025-05-08 | USD 0.9529 |
| 2025-04-09 | 2025-04-10 | USD 0.9529 |
| 2025-03-12 | 2025-03-13 | USD 0.9529 |
| 2025-02-12 | 2025-02-13 | USD 0.9529 |
| 2025-01-08 | 2025-01-09 | USD 0.9529 |
| 2024-12-11 | 2024-12-12 | USD 0.9723 |
| 2024-11-06 | 2024-11-07 | USD 0.9723 |
ESG profile
No ESG estimate available: none of the scored universe overlaps this portfolio (typical for bond, commodity or synthetic funds).
Scored coverage: 0.0% of the portfolio by weight.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 1.05% | +19.93% | 1.48 |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 1.07% | +19.68% | 1.49 |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 1.09% | +19.68% | 1.49 |
| State Street SPDR S&P 500 ETF SPY | 0.09% | 789.23B | 1.00% | +19.71% | 1.49 |
| SPDR S&P 500 ETF Trust 1557.T | 0.09% | 789.09B | 0.49% | +37.54% | 2.26 |
| State Street SPDR S&P 500 ETF SPY.AX | 0.09% | 788.13B | 1.00% | +11.84% | 1.13 |
| Vanguard Total International Stock ETF VXUS | 0.05% | 652.30B | 2.61% | +20.58% | 1.21 |
| Invesco QQQ Trust, Series 1 QQQ | 0.18% | 481.14B | 0.43% | +28.14% | 1.43 |
| Vanguard Growth ETF VUG | 0.03% | 393.80B | 0.39% | +16.85% | 0.99 |
| Vanguard FTSE Developed Markets ETF VEA | 0.03% | 317.30B | 2.60% | +21.64% | 1.23 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| State Street SPDR Portfolio S&P 500 ETF SPYM | 0.02% | 159.32B | 0.0% |
| Vanguard Mid-Cap ETF VO | 0.03% | 218.80B | 0.0% |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 0.0% |
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 0.0% |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 0.0% |
