AAPW vs COIW

AAPWBRoundhill AAPL WeeklyPay ETF

COIWCRoundhill COIN WeeklyPay ETF

In short

AAPW Most leveraged single-stock funds reset daily. AAPW resets on the calendar week, targeting 1.2x Apple's weekly total return before fees, and cuts a distribution check every week. Cost: 1.00%, no waiver.

COIW Single-stock leverage usually means a daily reset and no income. COIW runs on a different clock: it targets 1.2 times Coinbase stock's calendar-week return, before fees, and is built to distribute every week.

Stated mandate

AAPW AAPW seeks income and growth by making weekly distributions while targeting 1.2 times the calendar-week total return of Apple common shares, before fees and expenses.

COIW The Fund is designed to pay weekly distributions and to target calendar-week returns, before fees and expenses, equal to 1.2 times the calendar-week total return of Coinbase Global, Inc. common shares.

Why people hold it

• AAPW Leverage dialed down, not up: 120% of Apple's calendar-week total return before fees and expenses, with the objective defined over the week and nothing longer.sec.gov
• Paying is the point. The prospectus lists weekly distributions as the primary objective and the 1.2x weekly return as the secondary one, an unusual order of operations.sec.gov
• At 1.00% with no waiver, it sits right alongside its WeeklyPay siblings (AMDW 1.00%, COSW 0.99%) and TSYX at 0.98%, and near the category median fee.
• In a peer group of leveraged single-stock income funds, this ranks among the stronger implementations, hitting its stated weekly target closely.

• COIW The leverage dial is set unusually low for this crowd. 1.2x, where the shelf standard is 2x or 3x. Same directional bet on Coinbase, a gentler multiple.roundhillinvestments.com
• The target is measured over calendar weeks, not trading days, so the compounding math resets on a weekly clock instead of every session.roundhillinvestments.com
• Weekly distributions are written into the fund's stated objective, not an occasional special payout the manager may or may not repeat.roundhillinvestments.com
• At a 0.99% expense ratio, the fee sits right around the norm for single-stock leveraged funds, and the build scores in the upper half of a crowded cohort.

Worth knowing

• AAPW The weekly reset is the mechanism and the catch: hold past Friday and your result can drift from 1.2x Apple's move. A single week can take the whole investment.sec.gov
• Distributions can exceed the fund's income and gains. The excess is return of capital, your own money handed back, which reduces net asset value.roundhillinvestments.com
• It is a small fund that trades lightly, and its Apple exposure comes through swaps with a counterparty plus Treasury collateral rather than shares.sec.gov

• COIW Coinbase exposure comes through derivatives rather than owned shares, so counterparty and financing terms sit between you and the stock.
• 1.2x softens the gearing, not the underlying. COIN trades with crypto sentiment, and the weekly reset means longer holding results can drift from 1.2x the stock's move.
• Young and small: launched in 2025 with a modest asset base and moderate trading, so track record is thin and spreads deserve a look before you trade.

Full AAPW profile⁠

Full COIW profile⁠