Roundhill AMZN WeeklyPay ETF (AMZW)

The Roundhill AMZN WeeklyPay ETF (AMZW) is a single-stock fund from Roundhill Investments linked to Amazon.com, Inc. It seeks to provide 1.2 times (120%) the daily performance of Amazon shares, before fees and expenses, while paying distributions on a weekly basis.

The fund gains its exposure primarily through swap agreements and similar instruments referencing Amazon stock. The weekly distribution feature is the defining element of the Roundhill WeeklyPay series, which pairs modest daily leverage with frequent income payments.

Because the leverage target is reset each day, returns over longer periods can differ from 1.2 times Amazon's cumulative return. Amazon runs e-commerce marketplaces, Amazon Web Services and advertising operations.