Roundhill AAPL WeeklyPay ETF (AAPW)Trading--Miscellaneous | Exchange Traded Fund | Cboe US
36.90 USD
+0.42
(1.158%)
⇧
(April 20, 2026, 3:56 p.m.
EDT)
Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 19, 2026, 1:36 a.m. EDT
This instrument is a 'yield trap' characterized by a 37% yield funded by aggressive return of capital (ROC) rather than sustainable earnings, which inherently destroys share value. While the price action shows slight intraday recovery and the 45-day forecasting model shows low statistical confidence (-3.2% downside prediction with high kurtosis, indicating potential for sudden large moves), the fundamental structure suggests that the 'dividend' is merely the ETF price evaporating. Short-term traders should avoid it due to the lack of options liquidity and the likely divergence between NAV and share price; long-term holding is dangerous as the ROC mechanism deleverages equity over time despite the high payout frequency. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.031594 |
| AutoETS | 0.031638 |
| AutoTheta | 0.031907 |
| MSTL | 0.032221 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 80% |
| H-stat | 0.41 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.398 |
| Excess Kurtosis | -0.79 |
As of April 19, 2026, 1:36 a.m. EDT: Options flow is extremely thin with negligible volume across all expirations. Implied Volatility (IV) is highly distorted and solvency-dependent rather than market-driven; 45-day IV is ~7% while long-term IV is <1%, suggesting pricing errors or stale data rather than genuine sentiment. The minimal Open Interest (OI) at strikes 39.0 and 41.0 offers no reliable gamma exposure or hedging signals. The lack of flow prevents interpretation of directional bias, though the low floating strike count suggests a lack of institutional positioning.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.57% | 41.65% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-20 | 0.211 | 0.571816 |
| 2026-04-13 | 0.246 | 0.709558 |
| 2026-04-06 | 0.214 | 0.617400 |
| 2026-03-30 | 0.186 | 0.569233 |
| 2026-03-23 | 0.159 | 0.475581 |
| 2026-03-16 | 0.165 | 0.488144 |
| 2026-03-09 | 0.200 | 0.570133 |
| 2026-03-02 | 0.255 | 0.712920 |
| 2026-02-23 | 0.067 | 0.185956 |
| 2026-02-17 | 0.261 | 0.733470 |
| 2026-02-09 | 0.243 | 0.649577 |
| 2026-02-02 | 0.131 | 0.355945 |
| 2026-01-26 | 0.151 | 0.436667 |
| 2026-01-20 | 0.109 | 0.329686 |
| 2026-01-12 | 0.163 | 0.464449 |
| 2026-01-05 | 0.211 | 0.580579 |
| 2025-12-29 | 0.192 | 0.512667 |
| 2025-12-22 | 0.231 | 0.620181 |
| 2025-12-15 | 0.240 | 0.639325 |
| 2025-12-08 | 0.271 | 0.708280 |
| 2025-12-01 | 0.256 | 0.651732 |
| 2025-11-24 | 0.285 | 0.746509 |
| 2025-11-17 | 0.238 | 0.648856 |
| 2025-11-10 | 0.270 | 0.728786 |
| 2025-11-03 | 0.264 | 0.715673 |
| 2025-10-27 | 0.267 | 0.721601 |
| 2025-10-20 | 0.218 | 0.605270 |
| 2025-10-14 | 0.380 | 1.125708 |
| 2025-10-06 | 0.394 | 1.123445 |
| 2025-09-29 | 0.373 | 1.074287 |
| 2025-09-22 | 0.166 | 0.471625 |
| 2025-09-15 | 0.233 | 0.727898 |
| 2025-09-08 | 0.233 | 0.725602 |
| 2025-09-02 | 0.173 | 0.564431 |
| 2025-08-25 | 0.231 | 0.756949 |
| 2025-08-18 | 0.485 | 1.559887 |
| 2025-08-11 | 0.231 | 0.752954 |
| 2025-08-04 | 0.234 | 0.875517 |
| 2025-07-28 | 0.432 | 1.524312 |
| 2025-07-21 | 0.398 | 1.401932 |
| 2025-07-14 | 0.750 | 2.713462 |
| 2025-07-07 | 0.225 | 0.805077 |
| 2025-06-30 | 0.265 | 0.973303 |
| 2025-06-23 | 0.145 | 0.544784 |
| 2025-06-16 | 0.235 | 0.901530 |
| 2025-06-09 | 0.265 | 0.993665 |
| 2025-06-02 | 0.101 | 0.379048 |
| 2025-05-27 | 0.278 | 1.051776 |
| 2025-05-19 | 0.162 | 0.581959 |
| 2025-05-12 | 0.185 | 0.656343 |
| 2025-05-05 | 0.320 | 1.216634 |
| 2025-04-28 | 0.249 | 0.882039 |
| 2025-04-21 | 0.386 | 1.518494 |
| 2025-04-14 | 0.102 | 0.378822 |
| 2025-04-07 | 0.226 | 0.954735 |
| 2025-03-31 | 0.278 | 0.916356 |
| 2025-03-24 | 0.121 | 0.402118 |
| 2025-03-17 | 0.229 | 0.788251 |
| 2025-03-10 | 0.202 | 0.644349 |
| 2025-03-03 | 0.241 | 0.727701 |
| Attribute | Value |
|---|---|
| All Time High | 51.86 |
| All Time Low | 31.537 |
| Ask | 0.0 |
| Ask Size | 1,300 |
| Average Daily Volume10 Day | 13,660 |
| Average Daily Volume3 Month | 20,629 |
| Average Volume | 20,629 |
| Average Volume10Days | 13,660 |
| Beta3 Year | 0.0 |
| Bid | 0.0 |
| Bid Size | 900 |
| Category | Trading--Miscellaneous |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 37.1056 |
| Day Low | 36.795 |
| Dividend Yield | 37.27 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 36.12572 |
| Fifty Day Average Change | 0.77428055 |
| Fifty Day Average Change Percent | 0.021432944 |
| Fifty Two Week Change Percent | -0.70235133 |
| Fifty Two Week High | 44.654 |
| Fifty Two Week High Change | -7.753998 |
| Fifty Two Week High Change Percent | -0.17364621 |
| Fifty Two Week Low | 33.02 |
| Fifty Two Week Low Change | 3.880001 |
| Fifty Two Week Low Change Percent | 0.117504574 |
| Fifty Two Week Range | 33.02 - 44.654 |
| First Trade Date Milliseconds | 1,740,061,800,000 |
| Full Exchange Name | Cboe US |
| Fund Family | Roundhill Investments |
| Fund Inception Date | 1,739,836,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is actively managed and seeks to achieve its investment objectives by investing in total return swap agreements and common stock that in aggregate return approximately 1.2 times (120%) the calendar week total return of common shares of AAPL while making weekly distribution payments to shareholders. The fund is non-diversified. |
| Long Name | Roundhill AAPL WeeklyPay ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1912171983 |
| Nav Price | 36.7256 |
| Net Assets | 37,695,944.0 |
| Net Expense Ratio | 0.99 |
| Open | 36.66 |
| Previous Close | 36.4777 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.422329 |
| Regular Market Change Percent | 1.15777 |
| Regular Market Day High | 37.1056 |
| Regular Market Day Low | 36.795 |
| Regular Market Day Range | 36.795 - 37.1056 |
| Regular Market Open | 36.66 |
| Regular Market Previous Close | 36.4777 |
| Regular Market Price | 36.9 |
| Regular Market Time | 1,776,714,976 |
| Regular Market Volume | 13,105 |
| Short Name | Roundhill AAPL WeeklyPay ETF |
| Source Interval | 15 |
| Symbol | AAPW |
| Total Assets | 37,695,944 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -8.88756 |
| Trailing Three Month Returns | -8.88756 |
| Triggerable | 1 |
| Two Hundred Day Average | 38.51621 |
| Two Hundred Day Average Change | -1.6162071 |
| Two Hundred Day Average Change Percent | -0.04196174 |
| Type Disp | ETF |
| Volume | 13,105 |
| Yield | 0.3727 |
| Ytd Return | -8.88756 |