AMDW vs UNHW

AMDWBRoundhill AMD WeeklyPay ETF

UNHWBRoundhill UNH 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%.

UNHW Most single-stock leverage funds reset daily. UNHW works on the calendar week, aiming for 1.2 times UnitedHealth's weekly total return before fees, with weekly payouts written into the mandate.

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.

UNHW UNHW seeks weekly distributions and calendar-week returns, before fees and expenses, equal to 1.2 times the calendar-week total return of UnitedHealth Group 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.

• UNHW The reset runs calendar week to calendar week, not day to day: the stated target is 1.2x UNH's weekly total return before fees and expenses.
• 1.2x is a low dial in a cohort where 2x is the default (UNHG, GGLL and AAPU all run double). Less amplification, in both directions.
• Payouts are part of the design, not an afterthought: the fund seeks weekly distributions alongside the leveraged UNH exposure.
• The 0.99% fee sits a touch under the typical leveraged single-stock fund, and the overall build rates in the upper tier of that crowded group.

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.

• UNHW Leverage compounds. Hold beyond a single week and results can drift away from 1.2x UNH, especially after choppy stretches.
• One stock, one sector: UnitedHealth earnings and health care policy headlines drive everything here.
• It launched in December 2025 and trades lightly, so spreads can run wider than in the cohort's household names.

Full AMDW profile⁠

Full UNHW profile⁠