Roundhill

Roundhill is an industry-standard asset manager, leading to an Average Parent Pillar rating. A strength of Roundhill is that its product shelf of open-end and exchange-traded funds is, on average, offered at a minimal cost, suggesting that it considers what's best for its investor base. On average, fees for funds are in the second-cheapest quintile of respective category peers. The firm has not had a durable product lineup. Specifically, its three-year success ratio demonstrates that only 0% of products both survived and beat their respective category median. A low success ratio not only indicates poor performance but also raises questions about a firm’s discipline around investment strategy and product development. With an average overall Morningstar Rating of 1.5 stars, the risk-adjusted performance of Roundhill's open-end and exchange-traded funds falls short of competitors.