WPAY
Roundhill WeeklyPay Universe ETF
📎 Investment Objective
The Roundhill WeeklyPay Universe ETF (WPAY) seeks to provide investors with exposure to companies that pay dividends on a weekly basis.
Overview
ETF tracking Roundhill WeeklyPay Universe ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Roundhill WeeklyPay Universe ETF (WPAY) seeks to provide investors with exposure to companies that pay dividends on a weekly basis.
🎯 Investment Strategy
The fund tracks the Roundhill WeeklyPay Universe Index, which is designed to measure the performance of U.S. companies that pay dividends on a weekly schedule. The index selects eligible companies based on factors such as dividend yield, market capitalization, and liquidity.
✨ Key Features
- Provides exposure to U.S. companies that pay weekly dividends
- Potential for regular, consistent income streams
- Diversified portfolio of dividend-paying stocks
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific subset of the market
- Dividend payment risk as companies may reduce or suspend dividends
- Market risk as the value of the underlying stocks may fluctuate
- Liquidity risk for less actively traded securities
👤 Best For
This ETF may be suitable for investors seeking regular, consistent dividend income and exposure to a niche segment of the U.S. equity market. It may be most appropriate for investors with a medium to long-term investment horizon and a moderate risk tolerance.