Roundhill AVGO WeeklyPay ETF (AVGW)

The Roundhill AVGO WeeklyPay ETF is a single-stock fund from Roundhill Investments linked to Broadcom (AVGO). It seeks to deliver 1.2 times the weekly total return of Broadcom common stock, before fees and expenses, and to pay distributions to shareholders on a weekly basis.

The fund obtains its exposure mainly through swap agreements and other derivatives referencing Broadcom shares, holding cash and Treasury instruments as collateral. Its leverage is reset weekly, so the 1.2x multiple applies to individual weekly periods rather than to longer-term cumulative returns.

Broadcom designs semiconductors for data center networking, custom AI accelerators, broadband and wireless, and also sells infrastructure software including the VMware portfolio. Weekly distributions may include a return of capital.