AVGW Roundhill AVGO WeeklyPay ETF

About this ETF

The Roundhill AVGO WeeklyPay ETF is an actively managed exchange-traded fund tailored for investors seeking regular income and leveraged exposure to a single technology stock. Its primary objective is to deliver weekly distributions and total returns, before fees and expenses, equal to 1.2 times (120%) the calendar week total return of Broadcom Inc. common shares. The fund utilizes a combination of total return swap agreements and direct stock holdings to achieve its targeted amplified performance and weekly payouts, setting it apart as a unique choice for those desiring both frequent income and enhanced single-stock return potential. Notably, the ETF specifically tracks and amplifies Broadcom’s weekly movements, making it concentrated in the technology sector. As part of the broader WeeklyPay ETF series, it represents an innovative approach to income and leverage within the U.S. equities market, offering investors a product that blends single-stock performance with the predictability of regular distributions. The strategy and structure subject the ETF to non-diversification and concentration risks, given its focused exposure to a single company and industry.