QDTE ETF delivers weekly income with near 46% yield but trails QQQ returns slightly over 2 years.

The Roundhill Innovation-100 0DTE Covered Call Strategy ETF (QDTE) has successfully provided weekly income payments with a headline distribution rate near 46%, appealing to investors seeking regular cash flow. Over two years, QDTE returned 44.84% with reinvested distributions, slightly trailing the comparable return of the Invesco QQQ Trust (QQQ) by about 4 percentage points. This gap reflects the capped upside inherent in the covered-call strategy, especially during a strong bull market. However, QDTE's weekly distributions have softened recently due to lower Nasdaq-100 volatility, and the high trailing yield was boosted by special year-end payouts. For investors prioritizing steady weekly income, especially in retirement accounts, QDTE remains attractive, but those seeking growth might prefer QQQ with a strategy of selling shares periodically to generate cash flow with potentially better tax treatment and lower fees. A blended approach could balance income needs and growth potential.