MSFW vs MSTW

MSFWBRoundhill MSFT WeeklyPay ETF

MSTWCRoundhill MSTR WeeklyPay ETF

In short

MSFW Most leveraged single-stock funds reset daily at 2x. MSFW dials it down: 1.2 times Microsoft's calendar-week total return, a payout every week, 1.00% with no fee waiver.

MSTW MSTR with the leverage dial at 1.2x and a payout stapled on. WeeklyPay resets exposure once a calendar week, not daily, and cuts a distribution every week sized off MSTR's own volatility. The most combustible reference stock in Roundhill's weekly lineup.

Stated mandate

MSFW MSFW seeks to provide weekly distributions and calendar-week returns, before fees and expenses, equal to 1.2 times the calendar-week total return of Microsoft common shares.

MSTW The Fund seeks weekly distributions and calendar-week returns, before expenses, equal to 1.2 times the calendar-week total return of MSTR.

Why people hold it

• MSFW Leverage resets by calendar week, not daily. Hold it a full week and you get the 1.2x target; the day-by-day compounding drift of daily-reset funds is not the mechanism here.roundhillinvestments.com
• 1.2x is a gentler dial than the 2x single-stock crowd: 20% more Microsoft, up weeks and down weeks alike.roundhillinvestments.com
• Weekly distributions are the fund's primary stated objective, with the 1.2x weekly return second. The schedule is the point, not a side effect.roundhillinvestments.com
• At 1.00%, no fee waiver, it sits near its category median and matches Roundhill siblings AAPW and AMDW at 1.00%, and it has stayed close to its stated weekly target.

• MSTW Leverage resets at the close of the last business day each calendar week, so the 1.2x applies to a week's move in MSTR rather than a day's.sec.gov
• A 1.2x multiple is mild for single-stock land: 20% more than MSTR's weekly move, up or down.sec.gov
• Pays weekly, with each amount set by a formula using MSTR's recent total return and implied volatility, so the figure shifts week to week.sec.gov
• Costs 1.00% a year with no waiver, matching sibling WeeklyPay funds AAPW and MSFW at 1.00% and sitting near the category median.

Worth knowing

• MSFW Roundhill expects a significant share of the weekly payout to be return of capital: your own money back, trimming cost basis rather than adding income.roundhillinvestments.com
• The 1.2x works both ways, amplifying down weeks by about 20%, and the fund takes no defensive positions when Microsoft slides.roundhillinvestments.com
• A 2025 launch that still trades thinly next to mainstream single-stock funds, so limit orders help. Exposure runs through total return swaps, which carry counterparty risk.roundhillinvestments.com

• MSTW MSTR is already a high-octane bitcoin proxy; the prospectus warns an investor could lose the full principal value within a single week.sec.gov
• Distributions can include return of capital, meaning part of a payout may be your own money handed back.roundhillinvestments.com
• Hold longer than a week and results can drift from 1.2x MSTR: the fund does not seek that multiple over any period other than a calendar week.sec.gov

Full MSFW profile⁠

Full MSTW profile⁠