YETH/ Roundhill Ethereum Covered Call
Comprehensive risk audit, payout history, and forward-looking dividend projections.
What This Page Shows
- Dividend yield and net yield after fees (55.90% vs 54.94%)
- Risk tier classification: Tier 4 Volatility Harvest
- TTM NAV change: -56.9%
- Income sustainability flags and payout history trends
DivAgent Audit Brief
YETH is a Tier 4 Volatility Harvest asset yielding 55.90%. It generates income through options on a volatile underlying asset. NAV fluctuations primarily reflect asset price movements, not structural erosion. Note: Price has changed -56.9% over the TTM, tracking underlying asset performance.
Provider
Roundhill
Sector
Crypto
Asset Class
Digital Assets
Expense Ratio
0.96%
AUM
$72.55M
Inception
—
Distribution
weekly
NAV Change (1Y)
-56.9%
Underlying Asset Volatility
This fund's NAV reflects the price movement of its underlying volatile assets (e.g., Bitcoin). The 56.9% NAV change is driven by asset price fluctuations, not structural erosion. Distributions are generated from options premiums, not principal liquidation.
Who Should Buy YETH?
YETH is best suited for Income Maximizers. The fund generates a 55.90% yield through selling options against its holdings.
Aggressive income seekers who prioritize high current cash flow over capital appreciation.
You are building a 'forever portfolio' and cannot tolerate NAV (share price) decline.
Quick Audit
- TypeDerivative Income
- ComplexityHigh
- Tax EfficiencyLow (Ordinary Income)
- VolatilityModerate (Lower Beta)
How YETH fits in a portfolio
Volatility-harvest funds convert option premium into monthly distributions — at a price.
Tier 4 covers covered-call and option-income strategies (JEPI, JEPQ, SPYI, QQQI, GPIX). Distributions are durable but NAV is capped on the upside and exposed on the downside. The trade is income smoothness for limited capital appreciation.
Suggested allocation
2% – 10%
of an income-focused portfolio
Estimated 12-mo net: -$2,583 to $3,973 (P10–P90 range)
How is this projected?
Income series uses your forecasted distribution rate. NAV drift band is the P10/P50/P90 of historical monthly returns by risk tier. For Tier 5 holdings, the P10 path can show meaningful NAV erosion — this is the educational point, not a bug.
Comparing stated yield to actual total return performance
Underlying Asset Note: This fund's NAV reflects the price movement of its underlying volatile assets (e.g., Bitcoin). The 56.9% NAV change is driven by asset price fluctuations, not structural erosion. Distributions are generated from options premiums, not principal liquidation.
Return of Capital Note: Options-based ETFs may classify portions of distributions as Return of Capital. This is often a tax accounting mechanism rather than true principal erosion.
Liquidity Warning: High Risk
YETH has high liquidity risk. You may experience wide bid-ask spreads and significant slippage when entering or exiting positions. Consider using limit orders and avoid market orders for large positions.
Institutional Data Locked
Advanced liquidity metrics for Tier 4 assets are available to Premium members.
Unlock MetricsDivAgent Analyst Verdict
“YETH is currently serving as a high-yield accelerator. Investors should be aware that utilizes a derivative strategy, primarily selling options, to generate high current income. this often caps upside participation in exchange for regular cash flow.”
Risk Profile Audit
Classified as high risk due to volatile underlying asset exposure. Price fluctuations primarily track the underlying asset (e.g., Bitcoin), not structural fund issues. Suitable for investors comfortable with asset volatility who want income generation.
Price Chart
Live DataCalculate Your Returns
Estimate income for YETH
~92.68 shares at $10.79
Estimates use the latest forecasted distribution and are not guarantees.
Track YETH in DivAgentYETH changed its distribution schedule from monthly to weekly on July 2, 2025.
Verified Payout History
Last 5 of 20 Payments| Ex-Dividend Date | Amount | Frequency | Status |
|---|---|---|---|
| May 06, 2026 | $0.1160 | Weekly | PAID |
| Apr 29, 2026 | $0.1100 | Weekly | PAID |
| Apr 22, 2026 | $0.1110 | Weekly | PAID |
| Apr 15, 2026 | $0.1430 | Weekly | PAID |
| Apr 08, 2026 | $0.1370 | Weekly | PAID |
+15 more dividends hidden | |||
15 more dividends available
Upgrade to Premium to see up to 10 historical dividends, or Pro for unlimited access.
Compare YETH Alternatives
See All ComparisonsYETH FAQ
Common questions about YETH dividends, safety, and performance
Institutional Analysis Context
This FAQ section provides institutional-grade analysis of YETH. DivAgent evaluates dividend ETFs using a proprietary 5-Tier Risk Spectrum that measures income sustainability, NAV erosion risk, and distribution source quality. Data is updated daily from market sources.
DivAgent Data Methodology
Risk Tier Classification
Our 5-Tier Risk Spectrum is not an editorial opinion. It is a quantitative scoring model derived from 36-month volatility, max drawdown depth, and option skew (for derivative funds). A "Tier 1" rating implies volatility comparable to short-term treasuries, while "Tier 5" indicates localized volatility exceeding the S&P 500.
NAV Erosion Calculation
We calculate "Erosion" by stripping out distribution payments to isolate the price performance of the underlying collateral. If a fund's share price drops by more than its distribution yield over a rolling 12-month period, it is flagged as eroding capital. This protects investors from "Yield Traps" that return their own principal as taxable income.
Yield vs. Income
DivAgent distinguishes between "SEC Yield" (standardized) and "Distribution Rate" (cash-on-cash). For option-income ETFs (e.g., Covered Calls), we prioritize the Trailing 12-Month (TTM) distribution rate as a more accurate reflection of realized income, while flagging that future payouts fluctuate with implied volatility.
Performance Benchmarking
All "Total Return" metrics differ from price return. We assume immediate reinvestment of all dividends (DRIP) on the pay date, with no tax friction. This "Net Total Return" metric allows for a true apples-to-apples comparison between high-yield/flat-price funds and low-yield/high-growth funds.