ETF Analysis
Roundhill Investments - S&P 500 Target 20 Managed Distribution ETF (XPAY) ETF Analysis
Roundhill Investments - S&P 500 Target 20 Managed Distribution ETF (XPAY) ETF analysis covering performance, holdings context, risk, drawdowns, volatility, momentum, dividends, valuation exposure, and the current AlgovestIQ assessment.
Roundhill Investments - S&P 500 Target 20 Managed Distribution ETF (XPAY) currently has an AIQ Score of 45/100, indicating a neutral setup. Risk is the strongest factor at 84/100. Quality is the weakest current factor at 35/100. Performance, momentum, risk, distribution, and exposure evidence should be read together at the latest market-close snapshot.
XPAY at a Glance
Crawlable current metrics from the latest market-close ETF snapshot.
| Metric | Current |
|---|---|
| Price | $51.65 |
| AIQ Score | 45/100 |
| Overall View | Neutral |
| Technical Analysis Consensus | Strong Sell |
| Fund Size | $184.96M |
| Expense Ratio | 0.49% |
| Holdings Count | 15 |
| NAV | $51.48 |
| Asset Class | Equity |
| Primary Exposure | Technology (39.16%) |
| Issuer | Roundhill Investments |
| Domicile | US |
| Inception Date | Oct 31, 2024 |
| Distribution Yield | 21.29% |
| Beta | 1.01 |
| Average Volume | 52.03K |
| 52-week range | $47.35-$56.51 |
| RSI 14 | 47.65 |
| 50-Day SMA | $52.46 |
| 200-Day SMA | $52.61 |
| Risk Score | 84/100 |
| Momentum Score | 39/100 |
| Value Exposure Score | 40/100 |
XPAY Long-Horizon ETF Performance
Trailing returns, growth of $10,000, drawdown history, and calendar-year returns from available daily closes.
| Period | Total return | Annualized | Max drawdown | Start date |
|---|---|---|---|---|
| 1Y | -6.38% | -6.38% | -15.50% | Oct 20, 2025 |
| 3Y | -10.33% | -5.39% | -23.01% | Oct 31, 2024 |
| 5Y | -10.33% | -5.39% | -23.01% | Oct 31, 2024 |
| 10Y | -10.33% | -5.39% | -23.01% | Oct 31, 2024 |
Growth of $10,000
Indexed to the first available close in this history window.
Drawdown History
Peak-to-trough decline from each prior high over the available window.
Calendar-Year Returns
Full-year returns where available, with the current calendar year shown as YTD.
XPAYRoundhill Investments - S&P 500 Target 20 Managed Distribution ETF
Financial Services / Asset Management - Income
Low Priority
Relative Laggard
Latest quote
- Momentum39
- Value40
- Quality35
- Risk resilience84
- Sentiment—
XPAY ETF Analysis Summary
Roundhill Investments - S&P 500 Target 20 Managed Distribution ETF (XPAY) currently has an AIQ Score of 45/100, indicating a neutral setup. Risk resilience is the strongest factor at 84/100. Quality is the weakest current factor at 35/100. Performance, exposure, distribution, momentum, and risk evidence should be read together at the latest market-close snapshot.
In a neutral regime, XPAY has AIQ Score of 45/100 with Risk resilience base of 84/100 and fading Quality at 35/100. Wait for component alignment before adding exposure.
Risk resilience (84/100) leads while Quality (35/100) lags. This cross-factor spread creates entry timing uncertainty.
Financial Services · 0.53% ETF move · XPAY classified in Asset Management - Income.
Current Evidence
AlgovestIQ Evidence Summary
Current consensus, supporting evidence, recent changes, and what would strengthen or weaken the view.
Is XPAY Bullish or Bearish Right Now?
XPAY currently has a neutral overall setup. Risk Resilience is the strongest factor at 84/100, while Quality is weakest at 35/100. The current evidence suggests a mixed rather than strongly bullish or bearish setup.
- - Risk Resilience is supportive at 84/100.
- - Value is the current constraint at 40/100.
- - Momentum is weak at 39/100.
- - Price is -1.82% below its 200-day SMA.
- - Technical consensus has more sell votes than buy votes (33 vs 5).
Current Consensus
XPAY's Technical Analysis Consensus is currently Strong Sell, with 5 buy, 7 neutral, and 33 sell votes. XPAY's 14-day RSI is 47.65, which places the ETF in a neutral momentum range. XPAY's beta is 1.01, indicating market sensitivity broadly in line with the market.
What Changed in XPAY?
The largest recent change in XPAY is Momentum moving up by 6.0 points over the available 7-day comparison window. Risk Resilience remains the strongest visible factor.
What Would Change the XPAY Outlook?
The current neutral outlook could improve if AIQ moves above 70, momentum recovers, risk resilience improves, and price confirms a stronger trend above the 50-day and 200-day moving averages. It would weaken if AIQ falls below 40, price loses long-term moving-average support, distribution or liquidity context deteriorates, or risk evidence worsens.
AIQ > 70, RSI above 55, price above SMA-50/SMA-200, and positive market-context evidence.
AIQ below 40, RSI below 45, loss of SMA-200, negative revisions, or rising volatility and drawdown risk.
XPAY Decision Framework
Public evidence layers, setup checks, and risk context for Roundhill Investments - S&P 500 Target 20 Managed Distribution ETF.
Roundhill Investments - S&P 500 Target 20 Managed Distribution ETF (XPAY) ETF Analysis
Roundhill Investments - S&P 500 Target 20 Managed Distribution ETF has an AIQ Score of 45/100 in a Neutral regime. Risk is strongest at 84/100. Beta is 1.01, close to market sensitivity. Review the supporting etf factors together before drawing a conclusion from any single score.
| Evidence Layer | Public Evidence |
|---|---|
| Regime Context | XPAY is in a Neutral AIQ regime with score 45/100. |
| Signal Conflict | The primary conflict is that risk leads at 84/100 while quality lags at 35/100. |
| Factor Evidence | Momentum 39/100 · Value 40/100 · Quality 35/100 · Risk 84/100 |
| Persistence | Current snapshot evidence is shown; historical persistence remains in AIQ Pro. |
Current Setup Checklist
Risk is the strongest factor at 84/100.
Momentum is 39/100 and RSI (14) is 47.6.
XPAY is in a Neutral regime at 45/100.
Risk factor is 84/100 with beta 1.01 and annual volatility 14.19%.
Current conflict: risk leads at 84/100 while quality lags at 35/100.
XPAY Research Cluster
ETF-specific paths for performance, risk, distributions, market context, data, comparisons, and news.
XPAY ETF Analytics
XPAY holdings context, yield, risk, valuation exposure, momentum, and AIQ evidence.
XPAY Technical Analysis
XPAY technical setup based on RSI, MACD, moving averages, AIQ Momentum, volume, trend, volatility, and pivots.
XPAY ETF Market Context
Track XPAY market context, news pressure, trend changes, income events, and current allocation evidence.
XPAY Distribution Analysis
XPAY distribution yield, annualized distributions, payment history, and income context.
XPAY ETF Data
XPAY available fund data, market metrics, technical readings, risk measures, and AIQ evidence.
XPAY Risk Analysis
XPAY volatility, beta, drawdown, Sharpe ratio, VaR, and downside resilience.
XPAY ETF News
XPAY ETF news, market tone, recent headlines, and catalyst context.
XPAY vs Options Income / Covered Call Peers
Current peer cohort: XPAY · YMAG · YMAX · AIPI · AIYY. Compare AIQ, factor scores, Sharpe ratio and 1-year volatility in one indexable view.
| Peer | AIQ | Value | Momentum | Risk | Sharpe | 1Y Volatility | Compare |
|---|---|---|---|---|---|---|---|
| XPAY Current ETF | 45/100 | 40/100 | 39/100 | 84/100 | -0.63 | 14.19% | Current |
| YMAG YieldMax Magnificent 7 Fund of Option Income ETFs | 52/100 | — | 41/100 | 77/100 | -1.81 | 18.71% | XPAY vs YMAG |
| YMAX YieldMax Universe Fund of Option Income ETFs | 43/100 | 33/100 | 38/100 | 60/100 | -2.07 | 25.85% | XPAY vs YMAX |
| AIPI REX AI Equity Premium Income ETF | 40/100 | 31/100 | 28/100 | 75/100 | -0.99 | 20.80% | XPAY vs AIPI |
| AIYY YieldMax AI Option Income Strategy ETF | 37/100 | — | 40/100 | 34/100 | -2.42 | 48.46% | XPAY vs AIYY |
Peer cohort is resolved dynamically from the AlgovestIQ universe taxonomy and Compare relationship graph. Data as of Oct 21, 2026.
About the AIQ Score
Methodology for the current ETF evidence.
The AlgovestIQ AIQ Score combines multiple dimensions of ETF evidence, including momentum, valuation exposure, quality, risk resilience, sentiment context, and timing signals. It is a descriptive research score, not a guarantee of future performance or a personalized recommendation.
View AIQ methodologyFactor Diagnostics
A compact bridge from the AIQ score to the evidence tabs.
Valuation exposure across the fund's holdings.
Quality context inferred from fund exposure and available evidence.
Trend, momentum, volume, and timing confirmation.
Resilience, volatility, beta, drawdown, and tail risk.
News and event pressure around the setup.
Open the return calculator with ETF context while purchase price, shares, dates and fees remain user inputs.
AIQ Component Profile
Compare the five component scores on one consistent 0–100 scale.
Review earnings timing, revisions, news pressure, and prior event reactions in one place.
Open catalystsNo quarterly financial rows in this snapshot.
Checked Oct 22, 2026
Explore factor drivers, conflicts, persistence, and scenario sensitivity in the advanced workspace.
ETF Analytics Snapshot
Current ETF evidence uses fund profile, cost, size, distribution, momentum, and risk fields.
ETF pages use fund-native profile fields for cost, size, liquidity, holdings breadth, NAV, issuer, and launch date.
Market Confirmation
Technicals are summarized first, with the indicator library behind it.
Risk Alignment
Higher resilience is stronger; exposure metrics stay separate.
Continue Researching XPAY
Open the detailed evidence pages and workflows behind the stock overview read.
Premium Feature
Full AIQ Analysis
AIQ Intelligence
AIQ Pro for XPAY
Scenario Analysis
AIQ Scenario Builder
Portfolio Implication
Related Links
XPAY ETF FAQ
What is XPAY ETF price today?
XPAY is currently shown at $51.65. Use the live quote with the 52-week range and AIQ context before comparing funds.
What is XPAY's 52-week high and low?
XPAY's 52-week range is $47.35 to $56.51 based on the latest completed market-close snapshot from Oct 21, 2026. A price near either extreme should be evaluated with volatility and trend evidence.
Does XPAY pay a dividend?
XPAY's current distribution yield is 21.29% based on the latest completed market-close snapshot from Oct 21, 2026. For ETFs, dividend yield should be compared with expense ratio, holdings, and risk.
What should investors compare before buying XPAY?
Compare XPAY's price trend, expense profile, yield, holdings exposure, volatility, and AIQ signal. ETF decisions should focus on portfolio fit as much as current momentum.