OZEM/ Roundhill GLP-1 & Weight Loss ETF
Comprehensive risk audit, payout history, and forward-looking dividend projections.
What This Page Shows
- Dividend yield and net yield after fees (1.14% vs 0.55%)
- Risk tier classification: Tier 3 Sector Specialties
- TTM NAV change: 38.9%
- Income sustainability flags and payout history trends
DivAgent Audit Brief
OZEM is a Tier 3 Sector Specialties asset yielding 1.14%. It offers balanced exposure to high-yield sectors like Real Estate or BDCs. NAV stability remains within healthy ranges.
Provider
Roundhill
Sector
Healthcare
Asset Class
Health
Expense Ratio
0.59%
AUM
$44.33M
Inception
—
Distribution
annual
NAV Change (1Y)
38.9%
Who Should Buy OZEM?
OZEM is best suited for Yield Strategists. The fund generates a 1.14% yield through selling options against its holdings.
Income-focused investors willing to accept sector concentration risks (e.g., Real Estate volatility).
You need a diversified core holding, as this asset is sector-specific.
Quick Audit
- TypeDerivative Income
- ComplexityMedium
- Tax EfficiencyMixed
- VolatilityMarket Correlation
Comparing stated yield to actual total return performance
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: Very High Risk
OZEM has very 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 3 assets are available to Premium members.
Unlock MetricsDivAgent Analyst Verdict
“OZEM is currently serving as a foundational income anchor. 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
Moderate risk. Reliable income but sensitive to interest rate changes or sector-specific headwinds.
Price Chart
Live DataCalculate Your Returns
Estimate income for OZEM
~27.84 shares at $35.92
Estimates use the latest forecasted distribution and are not guarantees.
Track OZEM in DivAgentVerified Payout History
Last 2 of 2 Payments| Ex-Dividend Date | Amount | Frequency | Status |
|---|---|---|---|
| Dec 30, 2025 | $0.4100 | Annual | PAID |
| Dec 30, 2024 | $0.0530 | Annual | PAID |
Compare OZEM Alternatives
See All ComparisonsOZEM FAQ
Common questions about OZEM dividends, safety, and performance
Institutional Analysis Context
This FAQ section provides institutional-grade analysis of OZEM. 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.