MSFW vs NFLW

MSFWBRoundhill MSFT WeeklyPay ETF

NFLWCRoundhill NFLX 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.

NFLW A Netflix trade with a paycheck attached: NFLW targets 1.2 times NFLX's calendar-week total return and pays out weekly, resetting leverage at each week's close rather than daily. Fee: 1.00%, no waiver.

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.

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

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.

• NFLW The dial is 1.2x, not 2x or 3x, and exposure resets at the close of the last business day of each calendar week instead of daily.roundhillinvestments.com
• Cash arrives weekly rather than quarterly: the fund expects to pay a distribution every week, which is the whole point of the WeeklyPay wrapper.roundhillinvestments.com
• At 1.00% with no waiver, it matches Roundhill's AAPW and AMDW (both 1.00%) and sits near the category median fee.
• Plain plumbing: NFLX total return swaps plus NFLX shares, at least 80% of net assets, and it has tracked its stated 1.2x weekly target closely since its 2025 launch.sec.gov

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

• NFLW Leverage runs both ways: a bad week for Netflix is amplified by the same 1.2x, and over longer stretches returns can vary in amount and direction from the stated multiple.sec.gov
• By design, the adviser intends all or a significant portion of the weekly payout to be return of capital, which is neither income nor profit and trims your cost basis.sec.govroundhillinvestments.com
• It is a small fund that trades lightly, so spreads can run wide, and buying mid-week leaves you with exposure that differs from 1.2x until the next reset.roundhillinvestments.com

Full MSFW profile⁠

Full NFLW profile⁠