Key stats
About Roundhill ETF Trust Roundhill TSLA WeeklyPay ETF
Home page
Inception date
Feb 19, 2025
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
Roundhill Financial, Inc.
Distributor
Foreside Fund Services LLC
TSW aims to combine weekly income and modest enhanced exposure to the weekly price performance of TSLA stock. The fund invests in total return swap agreements and TSLA common stock that in aggregate will return approximately 120% of the calendar week return of TSLA shares. Aside from providing 1.2x leveraged single-stock exposure, the fund will make weekly distribution payments to shareholders. It also invests in short-term US Treasurys and money market funds for collateral. Unlike traditional ETFs, TSW introduces added volatility due to its lack of diversification and use of leverage. Investors should note that an investment in the fund is not an investment in the underlying stock. The strategy is subject to all potential losses if TSLA shares depreciate. The fund may lose all of its value if TSLA's share price decreases by 83.33% over the course of a week. The fund is a short-term tactical tool, meaning it is designed for investors with a high-risk tolerance and a short-term outlook.
Classification
What's in the fund
Exposure type
Consumer Durables
Cash
Mutual fund
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.