The 0DTE Covered Call ETF Is the Newest Wall Street Income Invention and These Two Pay Investors Like Clockwork Every Friday
Key takeaways
- The massive distribution rates come with important caveats: Much of the current payout is classified as return of capital, which can defer taxes but should not be confused with investment income.
- Convenience comes at a cost: With 0.97% expense ratios and historically weaker total returns than broad index ETFs, these funds are best viewed as specialized income tools rather than core portfolio holdings.
- Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and QDTE didn t make the cut.
The 0DTE Covered Call ETF Is the Newest Wall Street Income Invention and These Two Pay Investors Like Clockwork Every Friday Panchenko Vladimir / Shutterstock.com Tony Dong Wed, June 10, 2026 at 8:45 PM GMT+7 5 min read QDTE RDTE XDTE Quick Read XDTE and QDTE turn daily options selling into a weekly income stream: Both funds maintain synthetic index exposure while selling out-of-the-money 0DTE calls every trading day to generate premium income.
The massive distribution rates come with important caveats: Much of the current payout is classified as return of capital, which can defer taxes but should not be confused with investment income.
Convenience comes at a cost: With 0.97% expense ratios and historically weaker total returns than broad index ETFs, these funds are best viewed as specialized income tools rather than core portfolio holdings.