Roundhill NFLX WeeklyPay ETF (NFLW)

The Roundhill NFLX WeeklyPay ETF (NFLW) is part of Roundhill Investments' WeeklyPay series of single-stock funds. It seeks to deliver 1.2 times (120%) the weekly total return of Netflix, Inc. common stock, before fees and expenses, and pays distributions on a weekly basis.

Netflix operates a global subscription streaming service for films, series and other entertainment. The fund obtains its leveraged exposure mainly through swap agreements and may also hold the stock directly.

Because the leverage target applies to weekly periods, results over longer horizons can differ from 1.2 times the return of Netflix shares, and distributions may include return of capital.