Roundhill AMD WeeklyPay ETF (AMDW)

The Roundhill AMD WeeklyPay ETF (AMDW) is a single-stock exchange-traded fund from Roundhill Investments, part of its WeeklyPay series. The fund seeks to deliver a modestly leveraged multiple of the daily performance of Advanced Micro Devices stock, before fees and expenses, while paying distributions to shareholders on a weekly basis.

The fund gains its exposure to AMD primarily through derivatives such as swap agreements rather than by owning the shares outright. Because its leveraged objective resets daily, the fund targets daily returns, and its performance over longer periods can differ from the stated multiple of AMD's return. Weekly distributions may include a return of capital, and the fund's value moves with the price of AMD stock.

Its shares are listed on Cboe BZX.