Roundhill Investments Launches S&P 500® No Dividend Target ETF (XDIV)

Published Jul 10, 2025, 08:00 ET on PR Newswire

Roundhill Investments, an ETF sponsor focused on innovative financial products, is pleased to announce the launch of the Roundhill S&P 500® No Dividend Target ETF (XDIV), which begins trading on the Cboe today. As the first of its kind, XDIV provides investors with total return exposure to the S&P 500® Index while minimizing ETF distributions. XDIV is specifically designed for tax-aware investors who want to maintain equity exposure without distributions. By minimizing ETF distributions, the fund offers a solution for those seeking to minimize taxable income, while staying fully invested in the long-term growth potential of the S&P 500® Index. While the fund is designed to eliminate distributions, there is no guarantee that distributions will always be avoided. "XDIV seeks to provide investors long-term capital appreciation without the drag of distributions," said Dave Mazza, Chief Executive Officer at Roundhill Investments. "XDIV is a true innovation and is ideal for investors who want to remain fully invested without the tax impact of dividends, enabling a more streamlined approach to achieving total return goals." XDIV is one of the lowest cost S&P 500 ETFs globally at a net expense ratio of 0.0849%*. *Net expenses reflect fees incurred by the Fund after waivers and reimbursements -- fee waivers for XDIV are contractual and in effect until at least 6/10/2026. XDIV's gross expense ratio is equal to 0.215%.... Read more