Roundhill Top WeeklyPay ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 12 holdings as of Mar 31, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About TOPW
Under normal market conditions,the Fund invests at least 80% of its total assets in the shares of the exchange-traded funds (“ETFs”) comprising the Index.The Fund, using a full replication approach, attempts to provide, before fees and expenses, the total return performance of the Index.Solactive AG (“Solactive”) serves as the index provider (the “Index Provider”). Each constituent of the Indexis an ETF for which Roundhill Financial Inc. (“Roundhill” or the “Adviser”) serves as the investment adviser thatis part of Roundhill’s “WeeklyPay™” suite of single company ETFs (each, a “WeeklyPay™Fund, and together, the “WeeklyPay™ Funds”). Roundhill also serves as investment adviser to the Fund. Additionalinformation about the WeeklyPay™ Funds is set forth below. The Fund will make weekly distributionpayments in an amount that should be expected to fluctuate from week to week based upon the amount of distributions made by the WeeklyPayFunds comprising its portfolio. The Fund will be concentrated(i.e. hold 25% or more of its total assets) in an industry or a group of industries to the extent that the Index is so concentrated.As of March 31, 2026, the Index was concentrated in the information technology sector. The Fund is classified as “non-diversified”under the Investment Company Act of 1940 (the “1940 Act”). Additional InformationAbout the Index The Index seeks to provide exposureto each WeeklyPay™ Fund whose applicable underlying security (each, an “Applicable Security”) ranks among the top twenty-five(25) constituents on the Solactive GBS United States 500 Index by market capitalization as of the “Selection Date,” whichis five business days prior to the close of business on the third Friday of March, June, September and December (the “RebalanceDate”). On each Selection Date, the Index Provider will determine each WeeklyPay™ Fund that is eligible for inclusion in theIndex and weight each such WeeklyPay™ Fund based on the modified market capitalization of its Applicable Security. Each WeeklyPay™Fund provides exposure to a single company. As of March 31, 2026, the Index was composed of the constituents set forth below. Please notethat these are subject to change. For a more up-to-date version of the Fund’s holdings, please visit the Fund’s website. Roundhill AAPL WeeklyPay™ ETF Roundhill AMZN WeeklyPay™ ETF Roundhill AVGO WeeklyPay™ ETF Roundhill BRKB WeeklyPay™ ETF Roundhill NFLX WeeklyPay™ ETF Roundhill NVDA WeeklyPay™ ETF Roundhill COST WeeklyPay™ ETF Roundhill GOOGL WeeklyPay™ ETF Roundhill META WeeklyPay™ ETF Roundhill MSFT WeeklyPay™ ETF Roundhill TSLA WeeklyPay™ ETF Additional Informationabout the WeeklyPay™ Funds Each WeeklyPay™Fund is actively managed and seeks to achieve its investment objectives by investing in total return swap agreements and common stockthat in aggregate return approximately 1.2 times (120%) the calendar week total return of common shares of its applicable underlying security(each, an “Applicable Security”) while making weekly distribution payments to shareholders. Each WeeklyPay™ Fundwill invest at least 80% of its net assets (plus any borrowings for investment purposes) in swaps that utilize its Applicable Securityas the reference asset and in shares of the reference security. For purposes of compliance with this investment policy, derivative contractswill be valued at their notional value. There is no guarantee that a WeeklyPay™ Fund will successfully provide returnsthat correspond to approximately 1.2 times (120%) the calendar week total return of common shares of the Applicable Security. The implication of an investmentstrategy that seeks to provide a weekly return that is approximately 1.2 times (120%) the calendar week total return of common sharesof a security is that if the security experiences an increase in value over a given calendar week, a WeeklyPay™ Fund couldbe expected to experience a gain approximately 20% larger than the gain experienced by the security. Conversely, if the security experiencesa decrease in value over a given calendar week, a WeeklyPay™ Fund could be expected to experience a loss approximately 20%larger than the loss experienced by the security. On the close of the last businessday every calendar week, each WeeklyPay™ Fund’s exposure will be reset to approximately 1.2 times (120%). The resetof the leverage factor may result in either a decrease or increase in notional exposure, depending on the performance of its ApplicableSecurity over the course of a given week. Therefore, each WeeklyPay™ Fund will provide exposure to the weekly total returnof its Applicable Security. Accordingly, a WeeklyPay™ Fund is not an appropriate investment for investors seeking exposureto the daily total return of a security. A “calendar week”is measured from the close of trading on the final day of the week that the New York Stock Exchange (“NYSE”) is open for tradingon one week to the close of trading on the final day of the subsequent week that the NYSE is open for trading. For example, if Thursdayis the last day of the week that the NYSE is open for trading in a given week, and Friday is the last day of the subsequent week thatthe NYSE is open for trading, the WeeklyPay™ Fund will provide exposure to the performance from the close of trading on Thursdayuntil the close of trading on the following Friday. In addition to providing 1.2times (120%) exposure to the total return of its Applicable Security over a given calendar week, each WeeklyPay™ Fund willmake weekly distribution payments to shareholders. The amount of each week’s distribution is based upon a formula that incorporatesa number of dynamic market-based inputs, including the recent total return of the applicable security and the implied volatility of theApplicable Security. Accordingly, a WeeklyPay™ Fund’s weekly distribution should be expected to change from week toweek. The notional exposure of a WeeklyPay™ Fund’s swaps will be calculated by multiplying the number of shares timesthe closing price. On a given day, a WeeklyPay™ Fund’s total notional exposure across swaps and shares of the ApplicableSecurity will have a multiplying effect as compared to the performance of the Applicable Security. A WeeklyPay™ Fund willincur transaction costs (i.e. commissions) when adjusting exposure related to its swap positions and its physical share positions. Each WeeklyPay™Fund seeks to achieve its investment objectives without regard to overall market movement or the increase or decrease in the value ofan Applicable Security. Accordingly, the WeeklyPay™ Funds will not take defensive positions. Inaddition to the swap agreements and shares of the Applicable Security, each WeeklyPay™ Fund will also invest significantlyin short-term U.S. Treasury securities, short-term U.S. Treasury ETFs and money market funds that will be used to collateralize such agreements.One or more WeeklyPay™ Funds may also utilize FLexible EXchange®Options (“FLEX Options”) to derive exposure to the Applicable Security.
TOPW News
- Roundhill WeeklyPay Universe ETF (TOPW) Cuts Weekly Dividend by 8%, Yield Remains Elevated at 28.85%
- One Fund Bundles Wall Street’s Weekly Payers, Yields ~50%, and Is Actually Up This Year
- One Fund Bundles Wall Street’s Weekly Payers, Yields ~50%, and Is Actually Up This Year
- Roundhill WeeklyPay Universe ETF (TOPW) Announces Significant Distribution Increase
Data for TOPW is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.