AMZW vs COSW

AMZWBRoundhill AMZN WeeklyPay ETF

COSWBRoundhill COST WeeklyPay ETF

In short

AMZW A weekly paycheck stapled to Amazon. AMZW's stated aim is to pay distributions every week while targeting 1.2 times AMZN's calendar-week total return before fees and expenses. Fee: 1.00%, no waiver.

COSW Costco with the volume dial set to 1.2, plus a paycheck. COSW targets 1.2 times Costco stock's calendar-week return and is built to distribute weekly, a gentler multiple in a category that usually starts at 2x.

Stated mandate

AMZW The Fund primarily seeks to pay weekly distributions and secondarily targets approximately 1.2 times Amazon’s calendar-week total return, before fees and expenses.

COSW COSW seeks weekly shareholder distributions and targets calendar-week returns, before fees and expenses, equal to 1.2 times the total return of Costco common shares.

Why people hold it

• AMZW The leverage is calendar-week leverage: 1.2 times AMZN's weekly total return before fees. The prospectus is blunt that the objective applies to a week, not a day or a year.sec.gov
• Modest amplification, not the 2x-daily treadmill. Roundhill builds the 120% exposure from total return swaps plus actual AMZN common stock.roundhillinvestments.com
• Cash lands weekly rather than monthly or quarterly, and the same WeeklyPay plumbing runs across Roundhill's AAPL (AAPW), MSFT (MSFW), AMD (AMDW) and COST (COSW) versions, all priced near 1.00%.roundhillinvestments.com
• At 1.00% with no fee waiver, AMZW sits near the median of its 17-fund leveraged single-stock income category, and in the upper half of that group on build quality.

• COSW Leverage with a smaller step: the fund targets 1.2 times Costco common shares' calendar-week total return, before fees, rather than the 2x and 3x resets that dominate single-stock leverage.roundhillinvestments.com
• Income is designed in, not incidental. The WeeklyPay structure seeks shareholder distributions on a weekly schedule, a faster cadence than the quarterly norm.roundhillinvestments.com
• The 0.99% expense ratio lands near the middle of the leveraged single-stock pack, close to the category median and to what peers like GGLL and AAPU charge.

Worth knowing

• AMZW The weekly check can be your own money coming back. Roundhill discloses distributions may exceed income and gains, with the excess treated as return of capital, which lowers your cost basis.roundhillinvestments.com
• 1.2x works in both directions: a losing week in Amazon lands about 20% harder. The filing warns an investor could lose the full value of the investment within a single week.sec.gov
• One stock, swap-based, and launched in 2025: concentration risk, counterparty risk, and a thinly traded tape that can mean wider spreads than the mega-cap it tracks.roundhillinvestments.com

• COSW The 1.2x works in both directions on one company's stock, and because exposure resets each period, results over months can drift from 1.2x Costco's move, especially in choppy markets.
• Roundhill discloses that distributions can include return of capital, meaning part of a payout may be your own investment coming back rather than income the fund earned.roundhillinvestments.com
• A late-2025 launch still building scale, so trading can be thinner and spreads wider than in the category's household names.

Full AMZW profile⁠

Full COSW profile⁠