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MSFW

GradeBChicago Board Options Exchange

Roundhill Investments - MSFT WeeklyPay ETF

Leveraged · Single-Stock Leveraged · Roundhill Investments · Inception 2025-07-24 · SEC filings

This 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.

$31.77+0.01 (+0.02%)

As of Sep 23, 2026, 1:38 PM EDT

History starts Jul 24, 2025.
Intraday session: up, 18 prints from 31.76 to 31.77. Range 31.68 to 32.55. Use the arrow keys to read each point.$31.60$32.00$32.4010 AM12 PM2 PM4 PM
Expense ratio
0.99%
Fund size
$29M
1Y return
−7.5%
Yield · Last 12 months
33.27%
Holdings
5
Volume · 30D
0M sh
NAV per share
$31.79
52W range
low $22.97high $48.92

The ETF.net MSFW Grade

B

58/ 100

Rank 6 of 17 in Leveraged Single-Stock Income

Confidence High

Six-pillar profile for MSFW. Scores out of 100: Cost 48, Risk 45, Mission 91, Tradability 45, Holdings not scored, Durability 49. Strongest: Mission (91). Weakest: Tradability (45). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 58 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 48
    Category rank13/17 · bottom quartile
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 91
    Category rank3/14 · top 21%
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 45
    Category rank10/17 · mid-pack
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 45
    Category rank11/17 · mid-pack
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 49
    Category rank10/17 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on MSFW

ETF.net Research

BMicrosoft with the leverage dial turned to 1.2x and reset once a week, not the 2x daily reset that defines this corner of the market. It also pays on a weekly clock, which is the whole point of the WeeklyPay line.

Stated mandate

MSFW seeks to provide weekly distributions and calendar-week returns, before fees and expenses, equal to 1.2 times the calendar-week total return of Microsoft common shares.

Why people hold it

  1. 01Leverage is 1.2x and resets at the close of the last business day of each week, a gentler setup than the 2x daily-reset norm in this cohort (AAPU, GGLL).sec.gov
  2. 02It has tracked its stated 1.2x weekly objective closely, one of the tighter implementations among leveraged single-stock funds.
  3. 03Paying weekly distributions is the fund's stated primary objective, backed by a book that keeps at least 80% of net assets in MSFT swaps and MSFT shares.sec.govroundhillinvestments.com
  4. 04The 0.99% expense ratio lands right around the middle of the leveraged single-stock pack rather than at the expensive end.

Worth knowing

  1. 01The 1.2x works both directions: a down week in Microsoft is expected to hit the fund roughly 20% harder than the stock, per the prospectus.sec.gov
  2. 02Distributions can exceed the fund's income and gains, and the excess is treated as return of capital, meaning part of a payout can be your own money back.sec.gov
  3. 03A small, thinly traded fund launched in 2025, so spreads can run wider than the household-name 2x funds in the same cohort.

MSFW Holdings

As of Sep 20, 2026, 5:42 AM
Asset class
Stocks
Holdings
5
Top-10 weight
186%
Largest holding
594918104 TRS 092827 NM100.1%

Sectors

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001594918104 TRS 092827 NMMICROSOFT INC SWAP NM100.11%65,067$32M1
002912797UJ4United States Treasury Bill 10/08/202662.21%20,000,000$20M56
003MSFTMicrosoft Corp20.02%13,014$6M792
004FGXXXFirst American Government Obligations Fund 12/01/20313.82%1,226,700$1M86

Showing 1–4 of 4 holdings

MSFW Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

MSFW$9,248
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. MSFW $9,248. SPY $11,723. Use the arrow keys to read each point.$5,726$8,967$12,209Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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.

Trailing total return for MSFW. Periods over one year show the average yearly return.
PeriodMSFW
Year to date+0.8%
1 month+3.1%
3 months+42.1%
1 year−7.5%
3 yearsFund is under 3 years oldper year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for MSFW
YearReturn barMSFW
2026 YTD+0.8%
2025−7.9%

Since listing, Jul 24, 2025

MSFW in the news

ETF.net Research hasn’t filed on MSFW yet — coverage lands here as it’s written.

MSFW Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
33.27%Last 12 months
Payout per share
$10.57Last 12 months
Last payment
$0.17 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Weekly

Distribution history

2026

One bar per payment. 38 payments in 2026 YTD. Jan 5, 2026 $0.24; Jan 12, 2026 $0.13; Jan 20, 2026 $0.21; Jan 26, 2026 $0.11; Feb 2, 2026 $0.23; Feb 9, 2026 $0.10; Feb 17, 2026 $0.07; Feb 23, 2026 $0.19; Mar 2, 2026 $0.17; Mar 9, 2026 $0.16; Mar 16, 2026 $0.26; Mar 23, 2026 $0.14; Mar 30, 2026 $0.13; Apr 6, 2026 $0.08; Apr 13, 2026 $0.22; Apr 20, 2026 $0.15; Apr 27, 2026 $0.24; May 4, 2026 $0.20; May 11, 2026 $0.13; May 18, 2026 $0.17; May 26, 2026 $0.21; Jun 1, 2026 $0.17; Jun 8, 2026 $0.27; Jun 15, 2026 $0.08; Jun 22, 2026 $0.10; Jun 29, 2026 $0.13; Jul 6, 2026 $0.16; Jul 13, 2026 $0.25; Jul 20, 2026 $0.17; Jul 27, 2026 $0.22; Aug 3, 2026 $0.14; Aug 10, 2026 $0.24; Aug 17, 2026 $0.26; Aug 24, 2026 $0.17; Aug 31, 2026 $0.15; Sep 8, 2026 $0.25; Sep 14, 2026 $0.14; Sep 21, 2026 $0.17. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 21, 2026Sep 22, 2026$0.17
Sep 14, 2026Sep 15, 2026$0.14
Sep 8, 2026Sep 9, 2026$0.25
Aug 31, 2026Sep 1, 2026$0.15
Aug 24, 2026Aug 25, 2026$0.17
Aug 17, 2026Aug 18, 2026$0.26
Aug 10, 2026Aug 11, 2026$0.24
Aug 3, 2026Aug 4, 2026$0.14
Jul 27, 2026Jul 28, 2026$0.22
Jul 20, 2026Jul 21, 2026$0.17
Jul 13, 2026Jul 14, 2026$0.25
Jul 6, 2026Jul 7, 2026$0.16

MSFW 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.

How much the fund’s monthly returns vary, scaled to a year.
45.6%
Annualised · 13 months to Aug 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
−0.08
vs 3-month T-bills · 13 months to Aug 2026
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.

The largest fall from a peak to the low that followed.
−41.9%
13 months · trough Jun 2026
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.

How strongly the fund’s returns move with its asset-class index.
1.54
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

MSFW Cost

Expense ratio0.99%
  • The middle half of Leveraged Single-Stock Income funds
  • Median 0.99%

2 of the 17 Leveraged Single-Stock Income funds charge less.

MSFW costs $99.00 a year on $10,000. The median Leveraged Single-Stock Income fund costs $99.00.