- Issuer
- Roundhill Investments
- Inception Date
- Sep 3, 2025
- Region
- North America (U.S.)
- Category
- Derivative Income
- Leveraged
- 1x (No leverage)
- Index Tracked
- Solactive Roundhill WeeklyPay Universe Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mega-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $169M
Share Price Chart
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Performance
TOPW Performance Chart
Roundhill Top WeeklyPay ETF (TOPW) is down 1.9% since the beginning of the year. At $34 per share, TOPW is trading just below its 52-week high of $35.
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Returns By Period
Roundhill Top WeeklyPay ETF
- 1D
- -2.84%
- 1M
- -8.90%
- YTD
- -1.90%
- 6M
- -4.48%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
TOPW Monthly Returns History
Based on dividend-adjusted daily data since Sep 4, 2025, TOPW's average daily return is 0.00%, while the average monthly return is +0.04%. At this rate, an investment would double in approximately 144.4 years.
Historically, 40% of months were positive and 60% were negative. The best month was Apr 2026 with a return of +17.4%, while the worst month was Jun 2026 at -10.6%. The longest winning streak lasted 2 consecutive months, and the longest losing streak was 5 months.
On a daily basis, TOPW closed higher 51% of trading days. The best single day was Feb 6, 2026 with a return of +4.9%, while the worst single day was Oct 10, 2025 at -5.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.89% | -5.10% | -4.47% | 17.37% | 6.17% | -10.58% | -1.90% | ||||||
| 2025 | 9.28% | 6.41% | -8.69% | -7.08% | -1.33% |
Benchmark Metrics
Roundhill Top WeeklyPay ETF has an annualized alpha of -29.31%, beta of 1.77, and R2 of 0.70 versus S&P 500 Index. Calculated based on daily prices since September 04, 2025.
- This ETF participated in 281.63% of S&P 500 Index downside but only 115.72% of its upside - more exposed to losses than it benefited from rallies.
- This ETF had an annualized alpha of -29.31% versus S&P 500 Index - delivering less than market exposure alone would predict.
- Beta of 1.77 means this ETF moves significantly more than S&P 500 Index - expect amplified gains in rallies and amplified losses in downturns.
- Alpha
- -29.31%
- Beta
- 1.77
- R²
- 0.70
- Upside Capture
- 115.72%
- Downside Capture
- 281.63%
Expense Ratio
TOPW has a high expense ratio of 0.99%, indicating above-average management fees.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Roundhill Top WeeklyPay ETF (TOPW) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TOPW | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.37 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.78 | — |
| Martin ratioReturn relative to average drawdown | — | 12.44 | — |
Dividends
Dividend History
Roundhill Top WeeklyPay ETF provided a 46.15% dividend yield over the last twelve months, with an annual payout of $15.82 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $15.82 | $9.01 |
Dividend yield | 46.15% | 21.52% |
Monthly Dividends
The table displays the monthly dividend distributions for Roundhill Top WeeklyPay ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $1.38 | $1.11 | $1.42 | $1.09 | $1.12 | $0.69 | $6.81 | ||||||
| 2025 | $1.94 | $2.95 | $1.99 | $2.13 | $9.01 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Roundhill Top WeeklyPay ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Roundhill Top WeeklyPay ETF was 29.87%, occurring on Mar 30, 2026. The portfolio has not yet recovered.
The current Roundhill Top WeeklyPay ETF drawdown is 18.04%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 bear market2026 | -29.87%Mar 2026 | 5mo 1d | — | 7mo 26dOct 2025 - now |
2025 pullback2025 | -5.80%Oct 2025 | 13d | 5d | 18dOct 2025 - Oct 2025 |
2025 pullback2025 | -3.16%Sep 2025 | 3d | 5d | 8dSep 2025 - Sep 2025 |
2025 pullback2025 | -0.93%Oct 2025 | 0s | 3d | 3dOct 2025 - Oct 2025 |
2025 pullback2025 | -0.78%Sep 2025 | 0s | 1d | 1dSep 2025 - Sep 2025 |
Drawdown Indicators
| TOPW | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.87% | -56.78% | +26.91% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -18.04% | -1.80% | -16.24% |
Average DrawdownAverage peak-to-trough decline | -12.98% | -10.71% | -2.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.03% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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