AVGW
Roundhill AVGO WeeklyPay ETF
📎 Investment Objective
The Roundhill AVGO WeeklyPay ETF (AVGW) seeks to provide investors with weekly dividend payments by investing in shares of Broadcom Inc. (AVGO), a leading semiconductor and infrastructure software company.
Overview
ETF tracking Roundhill AVGO WeeklyPay ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Roundhill AVGO WeeklyPay ETF (AVGW) seeks to provide investors with weekly dividend payments by investing in shares of Broadcom Inc. (AVGO), a leading semiconductor and infrastructure software company.
🎯 Investment Strategy
The ETF aims to achieve its objective by holding a concentrated portfolio of Broadcom Inc. common stock and distributing the dividends paid by the company on a weekly basis to shareholders.
✨ Key Features
- Provides weekly dividend payments from Broadcom Inc. stock holdings
- Concentrated portfolio focused solely on Broadcom Inc. as the underlying investment
- Low expense ratio of 0.00%
- Relatively new ETF with limited performance history
⚠️ Primary Risks
- Concentration risk as the fund holds a single stock
- Dependent on the dividend payments and stock performance of Broadcom Inc.
- Lack of diversification compared to broader market ETFs
- Limited trading history and assets under management
👤 Best For
This ETF may be suitable for investors seeking regular dividend income and exposure to the semiconductor industry, particularly Broadcom Inc. However, the concentrated nature of the fund and lack of diversification make it a higher-risk investment that may not be appropriate for all investors, especially those with a lower risk tolerance.