Launch Roundup
Subversive ETFs listed S&P 500 and Nasdaq-100 funds that exclude Elon Musk's companies
Roundhill Investments - META WeeklyPay ETF
BThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.
$30.44+0.98 (+3.31%)
- 1.00%
- $27M
- +1.1%
- 41.29%
- 0M sh
- $28.51
- low $21.56high $54.53
The ETF.net METW Grade
B
Score 60 out of 100
- 36 of 380
Score 60 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C51 out of 100Rank 168 of 380Mission
Whether the fund did what it promised, tested against its stated mandate.A97 out of 100Rank 20 of 148Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A74 out of 100Rank 56 of 363Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B64 out of 100Rank 106 of 380Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A73 out of 100Rank 48 of 380
Our read on METW
BMost single-stock leveraged funds run 2x and reset every day. METW dials the amplifier down to 1.2x, measures it over the calendar week, and is built around a regular payout. A gentler take on levered Meta.
METW seeks weekly distributions and calendar-week returns before fees and expenses equal to 1.2 times the calendar-week total return of Meta common shares.
Why people hold it
- Aims for 1.2 times Meta's calendar-week total return before fees, a milder setting than the 2x daily products that fill this shelf.
- The week, not the day, is the unit of measure. Mid-week chop matters less to the math than it does in daily-reset leverage.
- Pairs the leveraged exposure with a stated goal of regular distributions, so the payout schedule is part of the design rather than an afterthought.
- At 0.99%, the fee lands just under the typical single-stock leveraged fund, and the fund sits in the upper half of that large peer group.
Worth knowing
- Leverage is symmetric. A rough week for Meta is magnified by the same 1.2x, and everything here rides on one company's news cycle.
- Exposure is built with derivatives rather than owned Meta shares, which adds counterparty and contract-rollover machinery under the hood.roundhillinvestments.com
- Launched in 2025, so the history is short, and some 2x rivals in the cohort charge 0.75%.
METW Holdings
- Stocks
- 4
- 188%
- 30303M102 TRS 081827 NM
Sectors
- Communication100.0%
METW Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
METW$10,107
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | METW |
|---|---|
| Year to date | +10.3% |
| 1 month | +17.1% |
| 3 months | +11.6% |
| 1 year | +1.1% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | METW |
|---|---|---|
| 2026 YTD | +10.3% | |
| 2025 | −8.2% |
METW in the news
METW Dividends
- 41.29%
- $12.23
- $0.33 per share
- Weekly
Distribution history
METW Risk
This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.
- 41.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.07
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −40.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.45
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
METW Cost
1.00%
METW1.00%
- The middle half of Single-Stock Long Leveraged funds
- Median 0.98%
206 of the 333 Single-Stock Long Leveraged funds charge less.
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- BAMDLGraniteShares 2x Long AMD Daily ETFExpense ratio 1.07%1 year return +332.4%