Summary
Roundhill Photonics & Optics ETF is an ETF - a fund traded on an exchange like a stock - run by Roundhill Investments. Positions inside: 22. The ten largest make up 129% of the fund.
- Yearly costs
- 0.65%
- Fund size
- $179.8M
- Positions
- 22
- Running since
- 2026
What speaks for it
- Easy to buy and sell: about $40.7M changes hands a day.
What to watch
- The ten largest positions make up 129% of the fund, so its result rests on a few names.
- 100% of the fund is in one sector (Technology).
- 90% of the fund is in one country (United States).
- Costs of 0.65% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 31% from its high.
- A young fund: it has been running only since 2026.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -25%
- Avg. market cap
- $55.1B
- P/E
- 51.7x
- Forward P/E
- 34.4x
- P/S
- 9.3x
- P/B
- 9.0x
- P/FCF
- 107.0x
- EV/EBITDA
- 37.6x
- Dividend yield
- 0.08%
- ROIC
- 15.1%
- ROE
- -62.5%
- Gross margin
- 40.2%
- Operating margin
- 19.3%
- Net margin
- -50.5%
- Payout ratio
- 4.2%
- Net debt/EBITDA
- -0.8x
- Beta
- 0.00
Weighted average of the 10 largest companies, which make up 63% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 United States Treasury Bill 12/03/2026 46%
- 2 LILumentum Holdings Inc. LITE 17%
- 3 CICiena CIEN 13%
- 4 COCoherent COHR 12%
- 5 ZHONGJI INNOLIGHT CO., LTD.-SWAP-GOLD-L 9.8%
- 6 EOPTOLINK TECHNOLOGY INC., LTD.-SWAP-GOLD-L 9.6%
- 7 SUZHOU TFC OPTICAL COMMUNICATION CO., LTD.-SWAP-GOLD-L 6.4%
- 8 YUANJIE SEMICONDUCTOR TECHNOLOGY CO., LTD.-SWAP-GOLD-L 5.5%
- 9 30Zhongji Innolight Co., Ltd. 300308.SZ 4.8%
- 10 30Eoptolink Technology Inc., Ltd. 300502.SZ 4.5%
Positions in the fund: 22. The ten largest make up 129% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One sector dominatesBy sector
- Technology 100%
By country
- United States 90%
- China 13%
- Cayman Islands 3.9%
- Taiwan 2.8%
By company size
- Large cap 93%
- Mid cap 6.8%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 63% of the fund.
Largest sector: Technology (100%). Largest country: United States (90%). Largest size group: Large cap (93%).
What does it cost me?
Expensive- A year from $10,000
- $65.00
- Over 20 years
- $3,099
From every $10,000 invested the fund takes $65.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,099.
How has it done?
- Deepest drop
- -31%
It has traded for less than a year, too short to judge.
Does it pay dividends?
We have no record of payments from this fund.
Is it easy to buy and sell?
Very easy- Traded a day
- $40.7M
- Shares a day
- 2.0M
On an average day about $40.7M of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 51.7
- Average Bulios Score
- 52 out of 100
Weight by Bulios Fair Price
- Undervalued 0.0%
- Fairly valued 0.0%
- Overvalued 100%
On average the companies inside trade for 51.7 times their yearly profit. By Fair Price, 100% of the rated weight comes out as overvalued.
Counted from its largest companies (10), which make up 63% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
PH PHOX Aura AI Photonics ETF | United States | 0.60% | $1.36M | - | - | 41% |
LA LAZR Luminar Technologies, Inc. | United States | 0.75% | $728.2K | +1,777% | - | 28% |
LU LUMA KraneShares Photonic and Optical ETF | United States | 1.00% | $2.13M | - | - | 26% |
SP SPRX Spear Alpha ETF | United States | 0.75% | $88.7M | -1.2% | Reinvests | 22% |
FO FOTO Tuttle Capital Pure Play Photonics ETF | United States | 0.75% | $108.0M | - | - | 21% |
