Advance Auto Parts, Inc. vs Roundhill Innov-100 0DTE Covered Call Strat ETF — how do they compare? Advance Auto Parts, Inc. trades at $53.31 (market cap $3.19B), while Roundhill Innov-100 0DTE Covered Call Strat ETF trades at $29.75. The key difference: Advance Auto Parts, Inc. pays a 1.89% dividend while Roundhill Innov-100 0DTE Covered Call Strat ETF pays none, and Advance Auto Parts, Inc. is trading nearer its 52-week high, Roundhill Innov-100 0DTE Covered Call Strat ETF nearer its low. Which is the better fit depends on your goals.
| AAP | QDTE | |
|---|---|---|
Market Cap | $3.19B | — |
Sector | Consumer Cyclical | Income / Options Overlay |
52-Week High | $64.17 | $36.60 |
52-Week Low | $38.75 | $26.85 |
Enterprise Value | $5.47B | — |
Dividend Yield | 1.89% | — |
Trailing returns across standard periods
Latest headlines on both assets
Advance Auto Parts is one of the industry's largest retailers of aftermarket automotive parts, tools, and accessories to do-it-yourself customers in North America. Advance operated 4,972 stores as of the end of 2021, in addition to servicing 1,317 independently owned Carquest stores. The company's Worldpac unit is a premier distributor of imported original-equipment parts. Advance derived 58% of its 2021 sales from commercial clients, up from 30%-40% before the General Parts deal.
Read more on AAP →QDTE is an actively managed ETF that seeks to generate income through a covered call strategy on the NASDAQ 100. It primarily holds a portfolio of U.S. government securities and sells 0-DTE (zero days to expiration) index call options on the NASDAQ 100. This highly tactical strategy aims to maximize option premium capture by exploiting the rapid time decay of options expiring on the same day, which provides enhanced income but also exposes the fund to significant volatility and risks associated with daily options settlement.
Read more on QDTE →