The Roundhill COIN WeeklyPay ETF offers 120% leveraged exposure to Coinbase with 52 dividend payments per year, but distributions vary drastically, from $0.18 to $1.16 per share over 12 weeks. All distributions are estimated return of capital, not true income from dividends. Coinbase pays no dividends, leaving income uncertain.

COIW’s distributions come from swap-based returns and volatile calculations, not traditional dividend income. With a beta of 3.69, COIN’s extreme volatility leads to risky, unsustainable payouts. COIW warns distributions may exceed income and gains, eroding capital rather than generating true income for investors.

For a more stable income option, JPMorgan Equity Premium Income ETF offers consistent monthly distributions from covered call writing on a diversified equity portfolio. With a proven track record since 2020 and a current yield around 7%, JEPI provides reliability and predictability compared to COIW’s risky, leveraged approach.

Read more at Yahoo Finance: Weekly Dividend ETF COIW Pays 52 Times Per Year But 100% Return of Capital Raises Red Flags for Retirees