TOPW ETF — Roundhill Top WeeklyPay ETF

Roundhill Top WeeklyPay ETF (TOPW)

TOPW is an ETF that tracks the Basket (WeeklyPay ETFs). As of August 19, 2026, its distribution rate is 45.90%, its trailing-12-month yield is 54.31%, its expense ratio is 0.99%. Dividend Vision Distribution Safety Score™ is 38/100 (Elevated risk). Fund total return is -1.0% over the past year, 20.5 points behind SPY at 19.5%.

At the current 45.90% distribution rate, a $10,000 investment would generate approximately $4,590 per year, or $382.50 per month on an equivalent basis. Actual weekly payments vary.

TOPW performance versus SPY

Data as of August 19, 2026.

Fund total return is -1.0% over the past year, 20.5 points behind SPY at 19.5%. Its deepest 1-year drawdown was 29.9%.

TOPW key facts

Data as of August 19, 2026.

Distribution Safety Score™

38 · Elevated risk

Safety-Adjusted Yield

17.44%

Issuer

Roundhill Investments

Asset type

ETF

Asset class

Equity

Inception date

09/04/2025

Expense ratio

0.99%

Distribution rate

45.90%

Distribution frequency

Weekly

Trailing yield

54.31%

Last close

$33.21

AUM

$144,162,196

Average volume

33952.0

Last dividend

$0.2931

Ex-dividend date

08/18/2026

Payment date

08/19/2026

Beta

1.8076

How Dividend Vision calculates yield and returns

Distribution rate (45.90%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (54.31%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: Roundhill Investments fund page; Fact sheet; Prospectus; Index: Basket (WeeklyPay ETFs); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

TOPW risks and drawbacks

Payments are weekly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 29.9%.

Who may consider TOPW — and who may not

It is a weaker fit for investors who need monthly cash flow (TOPW pays weekly); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from Roundhill Investments.