AMDW vs NFLW

AMDWBRoundhill AMD WeeklyPay ETF

NFLWCRoundhill NFLX WeeklyPay ETF

In short

AMDW An AMD income play that never sells a call. AMDW holds swaps plus stock targeting 1.2 times AMD's calendar-week total return, upside uncapped, and is built to pay out every week. Fee: 1.00%.

NFLW A Netflix trade with a paycheck attached: NFLW targets 1.2 times NFLX's calendar-week total return and pays out weekly, resetting leverage at each week's close rather than daily. Fee: 1.00%, no waiver.

Stated mandate

AMDW The Fund seeks weekly distributions and aims to deliver 1.2 times the calendar-week total return of Advanced Micro Devices, Inc. common shares, before fees and expenses.

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

Why people hold it

• AMDW No options sold here. AMDW uses total return swaps plus AMD stock to target 1.2 times AMD's calendar-week total return, before fees, which leaves the upside uncapped.roundhillinvestments.comroundhillinvestments.com 2
• The reset is weekly, not daily. Exposure runs from one week's closing bell to the next, so there are far fewer reset points than in a daily-reset leveraged fund.roundhillinvestments.com
• Payouts are weekly and formula-driven: each week's distribution comes off dynamic inputs including AMD's recent total return and its implied volatility.roundhillinvestments.comroundhillinvestments.com 2
• Fee of 1.00% sits with the pack (AAPW and MSFW at 1.00%, COSW 0.99%, TSYX 0.98%), and the fund has stayed close to its stated 1.2x weekly mandate.

• NFLW The dial is 1.2x, not 2x or 3x, and exposure resets at the close of the last business day of each calendar week instead of daily.roundhillinvestments.com
• Cash arrives weekly rather than quarterly: the fund expects to pay a distribution every week, which is the whole point of the WeeklyPay wrapper.roundhillinvestments.com
• At 1.00% with no waiver, it matches Roundhill's AAPW and AMDW (both 1.00%) and sits near the category median fee.
• Plain plumbing: NFLX total return swaps plus NFLX shares, at least 80% of net assets, and it has tracked its stated 1.2x weekly target closely since its 2025 launch.sec.gov

Worth knowing

• AMDW Distributions can exceed the fund's income and gains. The excess is treated as a return of capital, which gives back your own money and can raise the tax paperwork.roundhillinvestments.com
• The 1.2x target covers one calendar week at a time. Over longer stretches, results depend on AMD's path and can differ from 1.2 times its move.roundhillinvestments.com
• Everything rides on one semiconductor stock, geared up, and the fund launched in 2025, so there is only a short record to judge it by.

• NFLW Leverage runs both ways: a bad week for Netflix is amplified by the same 1.2x, and over longer stretches returns can vary in amount and direction from the stated multiple.sec.gov
• By design, the adviser intends all or a significant portion of the weekly payout to be return of capital, which is neither income nor profit and trims your cost basis.sec.govroundhillinvestments.com
• It is a small fund that trades lightly, so spreads can run wide, and buying mid-week leaves you with exposure that differs from 1.2x until the next reset.roundhillinvestments.com

Full AMDW profile⁠

Full NFLW profile⁠