This New ETF Yields 30% and Pays WEEKLY Dividends

My Portfolio:   / dividendbull  

In this video we're going to take a look at a brand new dividend ETF that just launched. This fund has some pretty interesting features, and I've gotten a handful of requests to just give my opinion on it. The ETF we'll be looking at is Roundhill N100 ODTE Covered Call Strategy ETF, ticker QDTE. According to their website, QDTE utilizes a synthetic covered call strategy that seeks to provide current income on a weekly basis, while also providing exposure to the price return of the Nasdaq-100 Index. QDTE is the first ETF to utilize zero days to expiry options on the Nasdaq-100. QDTE seeks to provide overnight exposure to the Nasdaq-100 and generate income each morning by selling out-of-the-money ODTE calls on the index.