Roundhill GOOGL WeeklyPay ETF (GOOW)

The Roundhill GOOGL WeeklyPay ETF (GOOW) is part of Roundhill Investments' WeeklyPay series, which combines modestly leveraged exposure to a single stock with weekly cash distributions.

The reference stock is Alphabet Inc., the parent company of Google. Funds in this series generally seek about 1.2 times the weekly total return of their underlying stock, using instruments such as swaps, and aim to distribute income to shareholders every week.

Because the leverage resets weekly, long-term results can differ from simply holding Alphabet shares. The ETF trades on Cboe BZX.