Roundhill UBER WeeklyPay ETF (UBEW)

The Roundhill UBER WeeklyPay ETF is a single-stock fund from Roundhill Investments linked to Uber Technologies, Inc. (UBER), the San Francisco-based ride-hailing and delivery platform.

As part of Roundhill's WeeklyPay family, the fund seeks to provide a leveraged multiple, around 1.2 times, of the performance of Uber shares, and to pay distributions to shareholders every week. It obtains its exposure mainly through swap agreements and other derivatives, and the leverage is reset periodically, so results over time can differ from a simple multiple of the stock's return.

The fund is designed for investors seeking magnified Uber exposure combined with a weekly distribution schedule.