Roundhill AMZN WeeklyPay ETF (AMZW) 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 AMZW. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AMZW
AMZW charges 0.99% annually. There are 159 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% | 29.05M | Nov 2024 | AMZW vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 329.53M | Mar 2024 | AMZW vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 46.39M | Sep 2024 | AMZW vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | AMZW vs FYEE | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | 358.08M | Dec 2007 | AMZW vs PBP |
Best Risk-Adjusted Alternatives to AMZW
AMZW has a PortfoliosLab risk / return rank of 27. There are 126 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SoFi Enhanced Yield ETF | 95 | 34.73M | Nov 2023 | AMZW vs THTA | |
| Global X S&P 500 Covered Call ETF | 92 | 3.24B | Jun 2013 | AMZW vs XYLD | |
| Invesco S&P 500 BuyWrite ETF | 92 | 358.08M | Dec 2007 | AMZW vs PBP | |
| Global X Russell 2000 Covered Call ETF | 89 | 1.37B | Apr 2019 | AMZW vs RYLD | |
| Blackrock Advantage Large Cap Income ETF | 89 | 1.30B | Sep 2023 | AMZW vs BALI |
Top Performing AMZW Alternatives (YTD)
AMZW is at 18.32% YTD. There are 29 ETFs in the Derivative Income category with higher YTD returns, going as high as 176.66%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 176.66% | 22.04M | Oct 2025 | AMZW vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 150.15% | 114.09M | Jul 2025 | AMZW vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 89.19% | 382.78M | Sep 2023 | AMZW vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 66.15% | 106.87M | Oct 2023 | AMZW vs MRNY | |
| YieldMax Target 12™ Semiconductor Option Income ET... | 64.23% | 64.01M | Dec 2024 | AMZW vs SOXY |
Lowest Volatility Alternatives to AMZW
AMZW has 41.80% 1-year volatility. There are 250 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.47%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.47% | 489.70M | Oct 2022 | AMZW vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | 2.94% | 112.06M | Aug 2022 | AMZW vs HYGW | |
| Janus Henderson Equity Linked Moderate Income ETF | 3.67% | — | Apr 2026 | AMZW vs JELM | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.82% | 289.20M | Apr 2026 | AMZW vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.83% | 90.28M | Feb 2025 | AMZW vs HYTI |
Lowest Drawdown Alternatives to AMZW
AMZW has a 1-year max drawdown of -26.79%. There are 146 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -0.84% | 489.70M | Oct 2022 | AMZW vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | -1.82% | 112.06M | Aug 2022 | AMZW vs HYGW | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.28M | Feb 2025 | AMZW vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.30B | Dec 2015 | AMZW vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | AMZW vs THTA |
Other ETFs from Roundhill
The 10 most viewed Roundhill ETFs shown here include MAGS, QDTE, CHAT and span 8 categories. AUM among these funds goes as high as $25B.
Often Compared With AMZW
Investors most often compare AMZW with AMZY, AMZN, AMZP. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare AMZW with Any Fund or Stock
Compare AMZW with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AMZW with funds that move differently
Roundhill AMZN WeeklyPay ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AMZW.
Explore AMZW Diversifiers