Roundhill WeeklyPay Universe ETF(CBOE:WPAY)

WPAY provides diversified fund-offunds exposure to all Roundhill WeeklyPay ETFs investing in a single company. It tracks an index comprising all single-stock funds launched from the WeeklyPay series. Each underlying fund is actively managed and seeks to provide weekly distributions and 1.2x leveraged exposure to the weekly price return of its applicable underlying company. ETFs with exposure to indices, debt securities, commodities, or inverse ETFs are not eligible. The fund aims to make weekly distribution payments, consistently increasing each week, in accordance with its constituents weekly distribution. Each constituent is then equally-weighted and rebalanced monthly. Moreover, the fund may concentrate on a single industry or group of industries following its index.