QDTE's $13.33 Weekly Payout and 0.95% Expense Ratio Analyzed

The Roundhill N-100 0DTE Covered Call Strategy ETF (NYSEARCA:QDTE) has made 123 consecutive weekly distributions with a trailing 12-month payout of $13.33 per share. However, it carries a 0.95% expense ratio, which is significantly higher than the Invesco QQQ Trust (NASDAQ:QQQ) at 0.20%. This fee differential could cost investors over $2,000 per $10,000 invested over 20 years. Year-to-date through July 30, 2026, QQQ is up 11.27%, while QDTE's price is up 9.66% on an adjusted basis. This information is relevant for investors considering the trade-offs between income generation and potential upside.