Roundhill META WeeklyPay ETF (METW) is an actively managed exchange-traded fund that seeks to deliver weekly distributions to shareholders while providing calendar week total returns, before fees and expenses, corresponding to 120% of the calendar week total return of Meta Platforms, Inc. (Nasdaq: META) common shares. The fund achieves its objectives through investments in total return swap agreements, common stock of Meta Platforms, short-term U.S. Treasury bills, and money market instruments such as First American Government Obligations, with top holdings including Meta Platforms Inc. Swap (approximately 100%), United States Treasury Bills, and Meta Platforms Inc. Class A shares. Launched on June 18, 2025, and listed on Cboe BZX, METW forms part of Roundhill Investments' innovative WeeklyPay ETF suite, which targets enhanced weekly exposure and income for investors in single large-cap stocks without employing covered call strategies that cap upside potential.
METW operates within the leveraged equity ETF segment, focusing on communication services through its reference to Meta Platforms, a leading social media and technology company, and serves retail and institutional investors seeking recurring weekly income combined with amplified single-stock performance. The fund maintains a net expense ratio of 0.99% and has grown its assets under management to approximately $53.93 million, reflecting strong investor interest in the WeeklyPay product line. Roundhill Investments, the ETF's sponsor and an SEC-registered investment adviser founded in 2018 and headquartered at 154 West 14th Street in New York, NY, manages METW as part of Roundhill ETF Trust.
In June 2025, Roundhill Investments launched METW alongside four other WeeklyPay ETFs—targeting Apple (AAPW), Amazon (AMZW), Berkshire Hathaway (BRKW), and Netflix (NFLW)—expanding the suite to ten funds and surpassing $250 million in assets under management across the series shortly thereafter. This launch represented a major strategic expansion into leveraged weekly income products linked to popular large-cap stocks, differentiating from traditional single-stock covered call ETFs by avoiding options sales and preserving full upside participation. No significant acquisitions, partnerships, funding rounds, or reorganizations specific to METW or Roundhill Investments have been reported in the past 1-2 years beyond these product introductions.