Roundhill AMD WeeklyPay ETF (AMDW) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with AMDW. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AMDW
AMDW charges 0.99% annually. There are 140 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Equity Plus ETF | 0.10% | 28.26M | Nov 2024 | AMDW vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 45.12M | Sep 2024 | AMDW vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 307.07M | Mar 2024 | AMDW vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 185.18M | Apr 2024 | AMDW vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 751.17M | Jul 2024 | AMDW vs QQA |
Best Risk-Adjusted Alternatives to AMDW
Among 169 ETFs in the Derivative Income category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 96 | 1.11B | Apr 2025 | AMDW vs CHPY | |
| SoFi Enhanced Yield ETF | 95 | 34.73M | Nov 2023 | AMDW vs THTA | |
| YieldMax AMD Option Income Strategy ETF | 91 | 413.17M | Sep 2023 | AMDW vs AMDY | |
| YieldMax GOOGL Option Income Strategy ETF | 90 | 240.18M | Jul 2023 | AMDW vs GOOY | |
| First Trust Nasdaq BuyWrite Income ETF | 86 | 904.92M | Jan 2014 | AMDW vs FTQI |
Top Performing AMDW Alternatives (YTD)
AMDW is at 176.52% YTD. There are 3 ETFs in the Derivative Income category with higher YTD returns, going as high as 19,132.59%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| REX HOOD Growth & Income ETF | 19,132.59% | 1.44M | Nov 2025 | AMDW vs HOII | |
| REX CRWV Growth & Income ETF | 13,199.78% | 2.19M | Nov 2025 | AMDW vs CWII | |
| Roundhill ARM WeeklyPay ETF | 256.61% | 22.82M | Oct 2025 | AMDW vs ARMW | |
| YieldMax AMD Option Income Strategy ETF | 104.68% | 413.17M | Sep 2023 | AMDW vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 89.80% | 118.18M | Oct 2023 | AMDW vs MRNY |
Lowest Volatility Alternatives to AMDW
AMDW has 83.01% 1-year volatility. There are 269 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.97%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.97% | 470.81M | Oct 2022 | AMDW vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.89% | 90.87M | Feb 2025 | AMDW vs HYTI | |
| Main Buywrite ETF | 4.85% | 1.23B | Dec 2015 | AMDW vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.09% | 293.75M | Feb 2025 | AMDW vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 5.50% | 49.43M | Aug 2021 | AMDW vs XRMI |
Lowest Drawdown Alternatives to AMDW
Among 169 ETFs in the Derivative Income category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -1.31% | 470.81M | Oct 2022 | AMDW vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.87M | Feb 2025 | AMDW vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.23B | Dec 2015 | AMDW vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | AMDW vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | AMDW vs OMAH |
Other ETFs from Roundhill
The 10 most viewed Roundhill ETFs shown here include MAGS, QDTE, CHAT and span 7 categories. AUM among these funds goes as high as $24B.
Often Compared With AMDW
Investors most often compare AMDW with HBTA, ICRC, BAGY. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare AMDW with Any Fund or Stock
Compare AMDW with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AMDW with funds that move differently
Roundhill AMD WeeklyPay ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AMDW.
Explore AMDW Diversifiers