Roundhill NVDA WeeklyPay ETF (NVDW)

The Roundhill NVDA WeeklyPay ETF (NVDW) is part of Roundhill Investments' WeeklyPay series. It seeks to deliver 1.2 times (120%) the weekly total return of NVIDIA Corporation (NVDA) common stock, before fees and expenses, and pays distributions to shareholders on a weekly basis.

The fund obtains its leveraged exposure mainly through swap agreements and resets that exposure each week, so its objective applies to weekly periods; results over longer periods can differ from 120% of the stock's return.

NVIDIA designs graphics processors, data center accelerators, networking hardware and software platforms such as CUDA that are widely used for artificial intelligence, gaming and professional visualization.