BRKW
Roundhill BRKB WeeklyPay ETF
📎 Investment Objective
The Roundhill BRKB WeeklyPay ETF (BRKW) seeks to provide investors with a weekly cash distribution by writing covered call options on shares of Berkshire Hathaway Class B (BRKB).
Overview
ETF tracking Roundhill BRKB WeeklyPay ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Roundhill BRKB WeeklyPay ETF (BRKW) seeks to provide investors with a weekly cash distribution by writing covered call options on shares of Berkshire Hathaway Class B (BRKB).
🎯 Investment Strategy
The fund writes weekly call options on the Berkshire Hathaway Class B shares it holds in its portfolio. This strategy aims to generate option premium income to distribute to shareholders on a weekly basis.
✨ Key Features
- Provides weekly cash distributions to shareholders through a covered call options strategy
- Invests solely in shares of Berkshire Hathaway Class B, providing exposure to the performance of this large-cap conglomerate
- Relatively low expense ratio of 0.00%
- Assets under management are currently $0 as the fund is newly launched
⚠️ Primary Risks
- Concentration risk as the fund invests solely in Berkshire Hathaway Class B shares
- Option writing risk as the fund's returns are impacted by the performance of the covered call options
- Potential for underperformance compared to a direct investment in Berkshire Hathaway Class B shares
- Low trading volume and liquidity risk as the fund is newly launched
👤 Best For
This ETF may be suitable for investors seeking a steady stream of weekly cash distributions from their investment, and who have a positive long-term outlook on Berkshire Hathaway. However, the fund's concentration in a single stock and option writing strategy make it a higher-risk investment, so it is best suited for investors with a higher risk tolerance and longer investment horizon.