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TSLW

GradeCChicago Board Options Exchange

Roundhill Investments - TSLA WeeklyPay ETF

Single-stock strategy · Single-Stock Leveraged · Roundhill Investments · Inception 2025-02-19 · SEC filings

This fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.

$18.68+0.05 (+0.27%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Feb 19, 2025.
Intraday session: up, 59 prints from 18.63 to 18.68. Range 18.55 to 19.04. Use the arrow keys to read each point.$18.60$18.80$19.0010 AM12 PM2 PM4 PM
Expense ratio
0.99%
Fund size
$78M
1Y return
−20.7%
Yield · Last 12 months
84.55%
Volume · 30D
0.1M sh
NAV per share
$18.60
52W range
low $15.02high $43.59

The ETF.net TSLW Grade

C

53/ 100

Rank 7 of 10 in 2x Long Tesla (TSLA)

Confidence Medium

Six-pillar profile for TSLW. Scores out of 100: Cost 51, Risk 70, Mission 50, Tradability 42, Holdings not scored, Durability 70. Strongest: Risk (70). Weakest: Tradability (42). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 53 of 100 sits in the C 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 51
    Category rank6/10 · mid-pack
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    CScore 50
    Category rank6/6 · bottom quartile
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 70
    Category rank2/9 · top 22%
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 42
    Category rank7/10 · 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.
    AScore 70
    Category rank2/10 · top 20%

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

Our read on TSLW

ETF.net Research

CThe Tesla leverage aisle runs on daily resets and pays nothing. TSLW takes the other road: 1.2x Tesla's calendar-week total return, reset weekly, with a distribution scheduled every week.

Stated mandate

TSLW's primary objective is to pay weekly distributions; its secondary objective is to target calendar-week returns, before fees and expenses, equal to 1.2 times the total return of Tesla common shares.

Why people hold it

  1. 01The clock resets on the calendar week, not overnight, so the fund tracks 1.2x Tesla's week-over-week total return rather than compounding a fresh daily multiple every session.roundhillinvestments.comsec.gov
  2. 021.2x is the lightest leverage on the shelf here. The daily bull peers (TSLL, TSLR, TSLT) all target 2x, so this dials the amplification down rather than up.roundhillinvestments.com
  3. 030.99% expense ratio, below the median for leveraged Tesla funds, which is unusual for a structure that also runs a weekly payout schedule.

Worth knowing

  1. 01The adviser expects all or a significant portion of the weekly distributions to be return of capital. That is your own principal cycling back, not income or profit.sec.gov
  2. 02Exposure comes from total return swaps, not Tesla shares, and over stretches longer than a week returns can vary in size and direction from the 1.2x target.sec.gov
  3. 03Launched in 2025 and moderately traded, so the record is short and the order book is thinner than the aisle's heaviest names. Spreads deserve a look before you click.

TSLW Holdings

As of Sep 20, 2026, 5:42 AM
Asset class
Stocks
Holdings
Top-10 weight
205%
Largest holding
88160R101 TRS 042027 NM100.9%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
00188160R101 TRS 042027 NMTESLA INC WEEKLYPAY SWAP NM100.88%207,384$76M1
002912797UJ4United States Treasury Bill 10/08/202682.65%62,000,000$62M56
003TSLATesla Inc19.10%39,271$14M509
004FGXXXFirst American Government Obligations Fund 12/01/20312.41%1,808,232$2M86

Showing 1–4 of 4 holdings

TSLW Performance

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

TSLW$7,926
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. TSLW $7,926. SPY $11,723. Use the arrow keys to read each point.$5,508$8,867$12,225Sep 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 TSLW. Periods over one year show the average yearly return.
PeriodTSLW
Year to date−22.2%
1 month+4.9%
3 months−9.4%
1 year−20.7%
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 TSLW
YearReturn barTSLW
2026 YTD−22.2%
2025+27.6%

Since listing, Feb 19, 2025

TSLW in the news

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

TSLW 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.
84.55%Last 12 months
Payout per share
$15.75Last 12 months
Last payment
$0.18 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 $0.39; Jan 12, 2026 $0.17; Jan 20, 2026 $0.32; Jan 26, 2026 $0.25; Feb 2, 2026 $0.34; Feb 9, 2026 $0.21; Feb 17, 2026 $0.19; Feb 23, 2026 $0.28; Mar 2, 2026 $0.23; Mar 9, 2026 $0.21; Mar 16, 2026 $0.22; Mar 23, 2026 $0.22; Mar 30, 2026 $0.14; Apr 6, 2026 $0.19; Apr 13, 2026 $0.20; Apr 20, 2026 $0.15; Apr 27, 2026 $0.29; May 4, 2026 $0.12; May 11, 2026 $0.25; May 18, 2026 $0.31; May 26, 2026 $0.22; Jun 1, 2026 $0.25; Jun 8, 2026 $0.27; Jun 15, 2026 $0.10; Jun 22, 2026 $0.27; Jun 29, 2026 $0.18; Jul 6, 2026 $0.13; Jul 13, 2026 $0.23; Jul 20, 2026 $0.24; Jul 27, 2026 $0.11; Aug 3, 2026 $0.05; Aug 10, 2026 $0.14; Aug 17, 2026 $0.19; Aug 24, 2026 $0.18; Aug 31, 2026 $0.22; Sep 8, 2026 $0.11; Sep 14, 2026 $0.16; Sep 21, 2026 $0.18. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 21, 2026Sep 22, 2026$0.18
Sep 14, 2026Sep 15, 2026$0.16
Sep 8, 2026Sep 9, 2026$0.11
Aug 31, 2026Sep 1, 2026$0.22
Aug 24, 2026Aug 25, 2026$0.18
Aug 17, 2026Aug 18, 2026$0.19
Aug 10, 2026Aug 11, 2026$0.14
Aug 3, 2026Aug 4, 2026$0.05
Jul 27, 2026Jul 28, 2026$0.11
Jul 20, 2026Jul 21, 2026$0.24
Jul 13, 2026Jul 14, 2026$0.23
Jul 6, 2026Jul 7, 2026$0.13

TSLW Risk

How much the fund’s monthly returns vary, scaled to a year.
57.7%
Annualised · 18 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.
0.38
vs 3-month T-bills · 18 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.
−47.2%
19 months · trough Jul 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.
1.59
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.

TSLW Cost

Expense ratio0.99%
  • The middle half of 2x Long Tesla (TSLA) funds
  • Median 0.99%

4 of the 10 2x Long Tesla (TSLA) funds charge less.

TSLW costs $99.00 a year on $10,000. The median 2x Long Tesla (TSLA) fund costs $99.00.