COIW vs TDAX

COIWCRoundhill COIN WeeklyPay ETF

TDAXCTDAQ Lift ETF

In short

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.

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

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.

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

• 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.

• 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

• 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.

• 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 COIW profile⁠

Full TDAX profile⁠