Roundhill Weekly T-Bill ETF

WEEK

Market cap $179M

Weekly income ETFs have become one of the loudest corners of the fund market, and Roundhill Innovation-100 0DTE Covered Call Strategy ETF (NYSEARCA:QDTE) sits at the center of the noise.

The Roundhill Innovation-100 0DTE Covered Call Strategy ETF (CBOE:QDTE) pays income every single week, and that cadence is the entire reason people own it.

One of the classic ways to earn income from Treasury bills is through a Treasury ladder.

There are really three dates that matter for ETF income investors. First comes the declaration date, when the ETF sponsor announces how much will be paid.

ETF distributions have come a long way. Depending on the fund, investors can receive income annually, semi-annually, quarterly, monthly, or even weekly.

For income investors who want to be paid more frequently, a new wave of ETFs has arrived.

I'm really not a fan of these weekly distribution ETFs. Sure, getting paid every week sounds great if you're withdrawing from your portfolio on a weekly basis.

There's been a lot of talk about how ETFs are slowly cannibalizing the mutual fund industry.

The Roundhill Weekly T-Bill ETF offers weekly income and NAV stability, making it an attractive alternative to money market funds. WEEK's active management and focus on 0-3 month T-Bills provide limited duration risk and flexibility for agile asset allocation. Despite a 19bps expense ratio and relatively low liquidity, WEEK maintains tight bid/ask spreads and strong price stability.

I don't know about you, but I'm really not the biggest fan of TreasuryDirect.