Roundhill S&P 500 Target 10,000 2030 ETF (XX)

The Roundhill S&P 500 Target 10,000 2030 ETF (XX) is an exchange-traded fund from Roundhill Investments built around a defined target tied to the S&P 500. As its name indicates, its structure references the S&P 500 reaching the 10,000 level by 2030.

The fund uses options on the S&P 500 to create a payoff linked to the index's path toward that target over its term ending in 2030. This makes it a defined-outcome style product, where results depend on where the index ends relative to the target level by the fund's maturity.

Returns for shareholders who buy after launch or sell before the term ends can differ from the payoff profile described for the full period.