Roundhill Gold WeeklyPay ETF (GLDW)

The Roundhill Gold WeeklyPay ETF (GLDW) belongs to Roundhill Investments' WeeklyPay family, a lineup of funds that pair modestly leveraged exposure to a reference asset with weekly cash distributions.

In this case the reference asset is gold, accessed through a gold-backed exchange-traded product. Funds in the WeeklyPay series generally seek a multiple of roughly 1.2 times the weekly return of their reference asset, using instruments such as swaps, and aim to pay distributions every week.

Because the leverage resets on a weekly basis, results over longer periods can differ from simply holding gold. The ETF trades on Cboe BZX.