AVGW ETF — Holdings & Analysis

The Roundhill AVGO WeeklyPay ETF (AVGW) is an actively-managed equity ETF with $0.04 billion in assets under management and an expense ratio of 0.99%.

Launched in 2025, AVGW aims to provide weekly distributions and calendar week returns equal to 1.2 times the calendar week total return of Broadcom (AVGO) common shares. The fund achieves this by investing a significant portion of its assets in cash and derivatives linked to Broadcom's stock performance, offering investors a unique approach to potentially enhance returns linked to a single technology stock.

Roundhill Investments - AVGO WeeklyPay ETF (AVGW) ETF — Price, Holdings & Analysis

The Roundhill AVGO WeeklyPay ETF (AVGW) is an actively-managed equity ETF with $0.04 billion in assets under management and an expense ratio of 0.99%. Launched in 2025, AVGW aims to provide weekly distributions and calendar week returns equal to 1.2 times the calendar week total return of Broadcom (AVGO) common shares. The fund achieves this by investing a significant portion of its assets in cash and derivatives linked to Broadcom's stock performance, offering investors a unique approach to potentially enhance returns linked to a single technology stock.

ETF Overview

The Roundhill AVGO WeeklyPay ETF (“AVGW”) is designed for investors seeking a combination of income and growth potential. AVGW aims to provide weekly distributions and calendar week returns, before fees and expenses, equal to 1.2 times (120%) the calendar week total return of Broadcom common shares (Nasdaq: AVGO). AVGW is an actively-managed ETF.

The Roundhill AVGO WeeklyPay ETF (AVGW) is designed for investors seeking both income and growth, with a focus on weekly distributions. AVGW aims to provide calendar week returns, before fees and expenses, equal to 1.2 times (120%) the calendar week total return of Broadcom common shares (Nasdaq: AVGO). This is achieved through active management and a portfolio composition that includes a significant allocation to cash and derivatives. As of March 2026, the ETF holds 24.47% of its assets directly in Broadcom Inc (AVGO), while a substantial 75.3% is allocated to Cash & Others, with 0.78% in First American Government Obligs X (FGXXX). This strategy makes AVGW distinct from traditional equity ETFs that typically offer broader diversification across multiple companies and sectors. The fund's concentrated exposure to Broadcom makes it suitable for investors with a specific outlook on the company's performance.

Risk Metrics

AVGW presents a unique risk profile due to its concentrated investment strategy and active management. The ETF's significant allocation to a single stock, Broadcom Inc (AVGO) at 24.47%, exposes investors to concentration risk, meaning the fund's performance is highly dependent on the performance of this one company. The high allocation to Cash & Others (75.3%) may reduce volatility but could also limit potential upside. With a beta of 0.00, AVGW's volatility is uncorrelated to the broader market. The fund's expense ratio of 0.99% is relatively high, which can create a significant drag on returns, especially if Broadcom's performance does not sufficiently offset this cost. Investors should carefully consider these factors before investing.

Expense Ratio

0.99%

What does AVGW hold?

Holding	Weight
Broadcom Inc (AVGO)	24.47%
First American Government Obligs X (FGXXX)	0.78%

How Is the Fund Allocated?

Sector	Weight
Cash & Others	75.3%
Technology	24.7%

Country	Weight
Other	74.7%
United States	25.3%

Dividend Yield

0.00%

State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio

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Roundhill Investments - Bitcoin Covered Call Strategy ETF (YBTC) (Equity) — 0.96% expense ratio
Roundhill Investments - Video Games ETF (NERD) (Equity) — 0.50% expense ratio
Roundhill Investments - MSTR WeeklyPay ETF (MSTW) (Equity) — 0.99% expense ratio

Risk Metrics

Beta: 0.00

Questions & Answers

What is AVGW and what does it track?

The Roundhill AVGO WeeklyPay ETF (AVGW) is an actively-managed ETF designed to provide investors with a combination of income and growth potential.

Launched in July 2025, AVGW aims to deliver weekly distributions and calendar week returns, before fees and expenses, equal to 1.2 times (120%) the calendar week total return of Broadcom common shares (Nasdaq: AVGO).

What is the expense ratio for AVGW?

The expense ratio for the Roundhill AVGO WeeklyPay ETF (AVGW) is 0.99%. This means that for every $10,000 invested in the fund, $99 is used to cover the fund's operating expenses annually.

What are the top holdings in AVGW?

As of March 2026, the top holdings in the Roundhill AVGO WeeklyPay ETF (AVGW) are concentrated in a few key assets. The largest holding is Broadcom Inc (AVGO), representing 24.47% of the fund's total assets.

The second largest holding is First American Government Obligs X (FGXXX) at 0.78%. A significant portion, 75.3%, is allocated to Cash & Others.

Is AVGW a good long-term investment?

Whether AVGW is a suitable long-term investment depends on an investor's specific goals, risk tolerance, and outlook on Broadcom. The fund's strategy of aiming for 1.2x the weekly return of Broadcom can lead to amplified gains, but also amplified losses.

The expense ratio of 0.99% is relatively high, which can impact long-term returns.

How does AVGW compare to similar ETFs?

AVGW stands out due to its unique strategy of targeting 1.2x the weekly return of Broadcom. Most equity ETFs offer broader diversification across multiple companies and sectors.

With an expense ratio of 0.99%, AVGW is more expensive than many broad-based ETFs. Its AUM of $0.04 billion is also relatively small compared to established ETFs in the technology sector.

Does AVGW pay dividends?

As of March 2026, the Roundhill AVGO WeeklyPay ETF (AVGW) has a dividend yield of 0.00%. While the fund's name suggests a focus on weekly distributions, the current yield indicates that it is not currently distributing dividends.

The fund's primary objective is to provide returns linked to the performance of Broadcom, rather than generating income through dividends. Investors seeking income may want to consider other dividend-focused ETFs.