Roundhill AAPL WeeklyPay ETF (AAPW)

The Roundhill AAPL WeeklyPay ETF is a single-stock fund from Roundhill Investments that provides leveraged exposure to Apple Inc. and pays distributions on a weekly basis. It seeks to deliver 120% of the weekly total return of Apple stock, before fees, resetting its exposure each week.

The fund obtains its exposure primarily through swap agreements and other derivatives referencing Apple shares, alongside cash and short-term Treasury holdings. Because the leverage target applies to weekly periods, performance over longer horizons can differ from 1.2 times Apple's return. Weekly distributions may include return of capital.

Apple, based in Cupertino, California, designs the iPhone, Mac, iPad and wearables and operates a large services business. The ETF trades on Cboe BZX under the ticker AAPW.