BRKW vs TDAX

BRKWCRoundhill BRKB WeeklyPay ETF

TDAXCTDAQ Lift ETF

In short

BRKW Berkshire Hathaway is the blue-chip outlier in Roundhill's WeeklyPay lineup of high-beta tech tickers. BRKW wraps it in swaps targeting 1.2x Berkshire's weekly total return, with a payout every week, for 1.00% a year.

TDAX Leverage with the volume turned down. TDAX aims for 130% of the daily move of TappAlpha's Nasdaq-100 daily-call income ETF, and it pays monthly. Fee is 0.97% net of a waiver through April 30, 2028, against 1.59% gross.

Stated mandate

BRKW BRKW seeks weekly distributions and calendar-week returns before fees and expenses equal to 1.2 times the calendar-week total return of Berkshire Hathaway common shares.

TDAX The fund seeks daily leveraged investment results by magnifying 130% of the daily performance of the TappAlpha Innovation 100 Growth & Daily Income ETF.

Why people hold it

• BRKW Gentle leverage by single-stock standards: 1.2 times, not 2x or 3x, and exposure resets weekly rather than daily, so a single rough session does not reset the whole trade.sec.gov
• Weekly by design: the swap resets at the last close of each week and pays a coupon into the fund, which is the engine behind the weekly distribution.sec.gov
• Costs 1.00% a year with no waiver in play, in line with the typical fund in its single-stock income category and the same sticker as stablemates AAPW and MSFW at 1.00%.
• The reference is Berkshire Hathaway common shares, and the fund's measured volatility sits at the calmer end of the leveraged single-stock crowd.

• TDAX The multiple is 130%, not 200% or 300%. Same daily-reset machinery as the 2x and 3x crowd, dialed to a gentler setting.sec.gov
• It levers a basket, not a single name: TDAQ holds Nasdaq-100 exposure and writes same-day calls, so one earnings miss doesn't own the whole trade.tappalphafunds.com
• At 0.97% net of a waiver through April 30, 2028, it sits under single-stock income peers AAPW and MSFW at 1.00% and TSYX at 0.98%, and near the category's typical fee.
• Distributions arrive monthly, carried up from the income engine underneath.tappalphafunds.com

Worth knowing

• BRKW Weekly, not daily: inside a week the move can drift from 1.2 times the stock, and the filings say plainly it is not built for investors seeking daily exposure.sec.govroundhillinvestments.com
• A small fund that trades lightly and only launched in 2025, so limit orders and a glance at the spread earn their keep.
• Distributions can include return of capital, which reduces your cost basis. A big payout rate is not the same thing as a big total return.sec.gov

• TDAX Exposure resets each close. Over longer stretches your result is compounded daily moves, which the prospectus says will very likely differ from 130% of TDAQ's return.sec.gov
• TDAQ sells calls expiring the same day, which trims how much of a big up-move passes through. TDAX magnifies what's left, not the index's full move.tappalphafunds.com
• The 0.97% is net of a waiver running to April 30, 2028; the stated gross figure is 1.59%. Launched January 2026, so the live record is short.

Full BRKW profile⁠

Full TDAX profile⁠