Roundhill Nasdaq-100® 0DTE Covered Call Strategy ETF
$WQQQ · Roundhill · tracks Nasdaq-100 (0DTE covered call overlay) · since 2023
Dividend yield
20.50%
Expense ratio
0.95%
Assets
$0.6B
Weighted P/E
28.6x
About WQQQ
WQQQ applies a daily 0DTE covered call strategy on the Nasdaq-100, seeking maximum weekly income from the elevated implied volatility of tech-heavy Nasdaq options. Like WSPY, upside is capped day-to-day. It is best suited for investors who want Nasdaq-100 income with weekly distributions rather than long-term growth.
Top holdings
Sector exposure
- Technology58.4%
- Communication16.2%
- Consumer Discretionary14.8%
- Healthcare5.2%
- Industrials3.4%
- Other2.0%
How StockWorthy analyses WQQQ
ETFs hold companies rather than generating cash flow themselves, so WQQQ is assessed on cost, income and the valuation of what it owns: the expense ratio, the current yield against its own 19.00% long-run average, and a holdings-weighted P/E and growth rate built from the underlying positions. Figures are educational and not investment advice.
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