Roundhill Investments Unveils Five New WeeklyPay™ ETFs for Investors Seeking Steady Income

Roundhill Investments Launches Five New WeeklyPay™ ETFs

Roundhill Investments, recognized as an innovative ETF sponsor, proudly announces the launch of five new WeeklyPay™ exchange-traded funds (ETFs) designed to deliver weekly distributions. These new additions bring the total number of funds in their WeeklyPay™ suite to ten, reflecting an expansion in their commitment to providing investors with unique financial products.

The newly launched ETFs, identified by the tickers AMZW, BRKW, HOOW, METW, and NFLW, will trade on the Cboe BZX exchange starting today. These funds encompass ten prominent stocks, including industry giants such as Apple, Amazon, and Tesla.

With over $15 billion invested in single stock covered call ETFs, many investors are looking for alternatives that do not limit their upside while still providing the income they seek. Roundhill's WeeklyPay™ ETFs address these concerns effectively. According to Dave Mazza, CEO of Roundhill Investments, “With WeeklyPay™ ETFs, investors don’t have to choose between income and growth. We believe our WeeklyPay™ ETFs provide the best of both worlds, without capping upside returns.”

Unlike traditional covered call ETFs that typically sell options, reducing the potential for gains, the WeeklyPay™ ETFs aim to deliver 120% of the weekly return of the underlying stocks before fees and expenses. This strategy allows for enhanced growth potential while still providing a steady income stream.

Investors should be aware, however, that an investment in these funds carries risks. Being categorized as “non-diversified,” the funds may hold fewer securities than many other investment vehicles, intensifying the impact of any potential loss in value of the stocks tracked. Additionally, leveraging strategies can magnify losses during unfavorable market conditions, so it’s crucial for investors to understand these risks thoroughly.

Roundhill Investments, founded in 2018, continues to make strides in the ETF sector, now with over 100 funds launched, including several pioneering products. With a focus on thematic equity, options income, and trading strategies, Roundhill aims to provide investors with distinctive and differentiated exposures in the marketplace. The firm has also filed for several more WeeklyPay™ ETFs that target additional stocks such as Airbnb, AMD, and Google, indicating a growing suite of innovative investment options.

In conclusion, the launch of these five new WeeklyPay™ ETFs marks a significant milestone for Roundhill Investments and presents an exciting opportunity for investors seeking a blend of income and growth without sacrificing upside potential. For those interested in these unique ETFs, further details can be found on Roundhill Investments' website. Always remember to consult with financial professionals to understand the inherent risks and objectives related to these investment products.