QDTE ETF pays weekly income but caps Nasdaq-100 upside and charges high fees.

The Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) offers weekly distributions but limits gains by selling covered calls on the Nasdaq-100. It charges a high 0.95% fee compared to 0.20% for a plain Nasdaq-100 ETF like QQQ, which can erode long-term returns. QDTE’s strategy caps upside on positive days while providing limited downside protection, and part of its distributions may be a return of capital, not true income. Investors seeking Nasdaq-100 exposure with lower fees and better growth might prefer QQQ or QQQM, while those prioritizing income might consider other covered-call or T-bill ETFs with less cost and better compounding potential.