NFLW
Roundhill NFLX WeeklyPay ETF
weekly DividendsNFLW Quick Stats
NFLW Distribution History Trend
NFLW has paid 62 weekly distributions on record since inception (2025-06-18). The average distribution over the trailing 12 periods is $0.12 per share. The highest distribution was $0.19 (week of 2026-07-13) and the lowest was $0.07 (week of 2026-07-27). Distribution variance of $0.12 reflects how sensitive the option premium on Roundhill NFLX WeeklyPay's underlying exposure is to market volatility — richer weeks follow volatility spikes, thinner weeks follow calm markets.
NFLW vs NFLY
NFLW and NFLY both target NFLX exposure with weekly distributions. NFLY is the larger fund by AUM, but both track the same underlying and move with it.
Fund Overview
NFLW — Roundhill NFLX WeeklyPay ETF — is a weekly-distribution ETF issued by Roundhill that generates income by selling call options against NFLX exposure. The fund targets investors seeking high-frequency cash flow from NFLX exposure without holding the underlying directly. Distributions are paid weekly, with the ex-dividend date typically falling on a Monday. The current annualized yield of 44.42% is calculated from the most recent weekly distribution of $0.1533 per share divided by the current share price of $17.95 and multiplied by 52. As with all option-income funds, the distribution rate reflects current implied volatility in NFLX options — when volatility falls, distributions typically shrink. The fund has $6.7 million in assets under management and has returned -32.49% on a price basis year-to-date, excluding distributions.
Compared to similar Roundhill funds, NFLW ranks 12 out of 31 by current yield and 22 out of 31 by year-to-date price performance.
Annual Yield Calculations
Both figures start from the same per-period rate: the average of the last 3 distributions ($0.15) divided by the current price ($17.95) = 0.854% per week. The non-DRIP yield annualizes it simply; the DRIP yield compounds it over 52 periods.
WeeklyYield™ Actual Performance
How YTD & performance are calculated: YTD returns shown across WeeklyYield are price-only, using split-adjusted close-to-close prices from the first trading day of the calendar year to the latest close — the same method your brokerage uses. Dividends are tracked separately in the yield figures above. "Actual Non-DRIP" and "Actual DRIP" add distributions back in to show total return since the earliest price we have on record (2025-09-02 at $44.80), using the same 53 distributions in both — non-DRIP collects them as cash, DRIP buys shares at each ex-date close. For NFLW, DRIP trails non-DRIP: because NAV fell over this window, shares bought with early distributions ended up worth less than the cash would have been. See full methodology →
Top Performer Score
Fund quality adjustment: ×0.85. Score is reduced for small AUM ($6.7M), young inception (2025-06-18), expense ratio 1.00%. Raw score before adjustment: 21.
Price History (1 Year)
About This ETF
The Roundhill NFLX WeeklyPay ETF (NFLW) is an exchange-traded fund that mostly invests in communication services equity. The fund is an actively managed fund seeking to provide weekly distributions and 1.2x leveraged exposure to the weekly price return of Netflix, Inc. stock (NFLX). NFLW was launched on Jun 18, 2025 and is issued by Roundhill.
How NFLW Generates Income
NFLW generates weekly income by selling call options on NFLX or a synthetic equivalent. When the fund sells a call option, it collects a premium from the buyer — this premium is what funds the weekly distribution. The tradeoff is that the fund caps its upside: if NFLX rallies sharply above the strike price, the fund does not fully participate in that gain. In a flat or declining market the income generation continues while the fund absorbs price losses similar to holding the underlying. The size of the weekly distribution directly reflects implied volatility in NFLX options at the time the options were written — higher volatility means more expensive options and larger distributions, lower volatility means smaller ones. This makes the distribution variable week to week rather than fixed.
Distribution Composition and Tax Considerations
Not all of NFLW's weekly distributions represent taxable income. Option-income funds frequently classify part of each distribution as return of capital (ROC), which is not taxable in the year received but reduces your cost basis in the fund. When your cost basis reaches zero, subsequent ROC distributions become taxable as capital gains. The exact composition of each distribution — ordinary income, qualified dividends, short-term capital gains, long-term capital gains, and return of capital — is reported annually on Form 1099-DIV and may not be known until after the tax year ends. Holding NFLW in a tax-advantaged account (IRA, Roth IRA, 401k) eliminates the annual tax complexity entirely and is the approach most income-focused investors use for high-distribution funds.
Educational information only — not tax advice. See our after-tax dividend calculator to model your own situation.
Dividend History
| Ex-Dividend Date | Cash Amount | Pay Date |
|---|---|---|
| 2026-08-31 | $0.14313 | 2026-09-01 |
| 2026-08-24 | $0.16561 | 2026-08-25 |
| 2026-08-17 | $0.15131 | 2026-08-18 |
| 2026-08-10 | $0.13553 | 2026-08-11 |
| 2026-08-03 | $0.12438 | 2026-08-04 |
| 2026-07-27 | $0.06708 | 2026-07-28 |
| 2026-07-20 | $0.08903 | 2026-07-21 |
| 2026-07-13 | $0.18821 | 2026-07-14 |
| 2026-07-06 | $0.09157 | 2026-07-07 |
| 2026-06-29 | $0.10004 | 2026-06-30 |
| 2026-06-22 | $0.11602 | 2026-06-23 |
| 2026-06-15 | $0.10367 | 2026-06-16 |
NFLW has paid 12 weekly distributions over the past 12 weeks. The average weekly distribution over this period was $0.1230 per share. The highest distribution in the trailing 12 weeks was $0.1882 (ex-date 2026-07-13) and the lowest was $0.0671 (ex-date 2026-07-27). Distribution consistency — the variance between the highest and lowest payment — is one indicator of underlying volatility stability. High variance suggests the fund's income generation is sensitive to volatility swings in NFLX options.
NFLW News
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Frequently Asked Questions About NFLW
NFLW pays weekly dividends. Its most recent ex-dividend date was 2026-08-31 with a pay date of 2026-09-01.
NFLW has paid an average of $0.1533 per share across its most recent 3 distributions. Its latest distribution was $0.1431 per share.
NFLW's current annualized yield is 44.42%. This is calculated as the average of its last 3 distributions ($0.1533) divided by the current share price of $17.95, annualized over 52 periods. Reinvesting those distributions (DRIP) compounds the same rate: (1 + rate)^52 − 1.
Covered call and option-income ETF distributions vary week to week. NFLW's actual total return figures on the fund's WeeklyYield page show total return net of NAV changes; high distribution rates can coincide with NAV decline, so investors should compare yield to actual total return before drawing conclusions. This is educational information, not investment advice.
Option-income ETF distributions are generally treated as ordinary income or return of capital, depending on the fund's structure and the underlying options strategy. For NFLW's exact tax character, refer to the fund issuer's 19a-1 notices and year-end 1099-DIV. This is not tax advice.
More detail on how these numbers are calculated is on our methodology page.