Roundhill TSLA WeeklyPay ETF (TSLW)

The Roundhill TSLA WeeklyPay ETF (TSLW) is part of Roundhill Investments' WeeklyPay series. It seeks to provide 1.2 times (120%) the weekly total return of Tesla, Inc. (TSLA) common stock, before fees, and to pay distributions to shareholders every week.

The fund obtains its leveraged exposure through swaps and other derivatives, resetting its leverage on a weekly basis. Because the 1.2x target applies to each weekly period, returns over longer horizons can differ from 120% of Tesla's performance. Distributions are paid from the fund's weekly results and may include return of capital. The ETF trades on Cboe BZX.