GOOW vs TDAX

GOOWBRoundhill GOOGL WeeklyPay ETF

TDAXCTDAQ Lift ETF

In short

GOOW Alphabet exposure with a Friday paycheck. GOOW targets 1.2 times GOOGL's calendar-week total return and pays weekly, resetting its leverage at the final weekly close rather than every day.

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

GOOW The fund seeks weekly distributions and calendar-week returns equal to 1.2 times the calendar-week total return of Alphabet common shares, before fees and expenses.

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

• GOOW The leverage resets at the last weekly close, not daily, so the fund tracks GOOGL's calendar-week move instead of a chain of daily resets.sec.gov
• Income comes from a weekly formula tied to GOOGL's performance and implied volatility, not from written calls, so weekly upside is not capped by sold options.roundhillinvestments.comroundhillinvestments.com 2
• Costs 1.00% with no fee waiver, matching WeeklyPay siblings AAPW, MSFW and AMDW at 1.00% and sitting near the category median fee.
• Built from total return swaps plus GOOGL stock, and it lands in the upper half of its single-stock weekly-income peer group.sec.gov

• 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

• GOOW Leverage cuts both ways: a down week in GOOGL hits about 20% harder, and filings warn the fund could lose all value if GOOGL fell 83.33% in one calendar week.sec.govroundhillinvestments.com
• Payouts can exceed income and gains; the excess is return of capital, handing back part of your own investment.roundhillinvestments.com
• A smaller, thinly traded fund, so spreads can be wider than at the giants of the category.

• 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 GOOW profile⁠

Full TDAX profile⁠