Roundhill AVGO WeeklyPay™ ETF (AVGW) 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 AVGW. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AVGW
AVGW charges 0.99% annually. There are 138 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% | 27.32M | Nov 2024 | AVGW vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 303.13M | Mar 2024 | AVGW vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.59M | Sep 2024 | AVGW vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 185.18M | Apr 2024 | AVGW vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 768.95M | Jul 2024 | AVGW vs QQA |
Best Risk-Adjusted Alternatives to AVGW
Among 163 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 | 1.16B | Apr 2025 | AVGW vs CHPY | |
| SoFi Enhanced Yield ETF | 95 | 34.73M | Nov 2023 | AVGW vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 262.22M | Jul 2023 | AVGW vs GOOY | |
| YieldMax AMD Option Income Strategy ETF | 91 | 409.32M | Sep 2023 | AVGW vs AMDY | |
| Simplify Treasury Option Income ETF | 87 | 465.86M | Oct 2022 | AVGW vs BUCK |
Top Performing AVGW Alternatives (YTD)
AVGW is at 9.31% YTD. There are 62 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 | AVGW vs HOII | |
| REX CRWV Growth & Income ETF | 13,199.78% | 2.19M | Nov 2025 | AVGW vs CWII | |
| Roundhill ARM WeeklyPay ETF | 287.65% | 17.52M | Oct 2025 | AVGW vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 175.60% | 83.00M | Jul 2025 | AVGW vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 101.64% | 409.32M | Sep 2023 | AVGW vs AMDY |
Lowest Volatility Alternatives to AVGW
AVGW has 57.18% 1-year volatility. There are 240 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.98%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.98% | 465.86M | Oct 2022 | AVGW vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.86% | 90.05M | Feb 2025 | AVGW vs HYTI | |
| Main Buywrite ETF | 4.88% | 1.23B | Dec 2015 | AVGW vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.11% | 292.66M | Feb 2025 | AVGW vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 5.50% | 50.16M | Aug 2021 | AVGW vs XRMI |
Lowest Drawdown Alternatives to AVGW
Among 164 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% | 465.86M | Oct 2022 | AVGW vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.05M | Feb 2025 | AVGW vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.23B | Dec 2015 | AVGW vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | AVGW vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | AVGW 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 $16B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Roundhill Magnificent Seven ETF | Technology Equities, Large Cap Growth Equities | 24 | -4.97% | 3.78B | Apr 2023 | AVGW vs MAGS | |
| Roundhill Innovation-100 0DTE Covered Call Strateg... | Derivative Income, Options Trading | 64 | 12.21% | 864.88M | Mar 2024 | AVGW vs QDTE | |
| Roundhill Generative AI & Technology ETF | Technology Equities | 89 | 62.42% | 2.01B | May 2023 | AVGW vs CHAT | |
| Roundhill S&P 500 0DTE Covered Call Strategy ETF | Derivative Income, S&P 500 | 62 | 6.79% | 317.35M | Mar 2024 | AVGW vs XDTE | |
| Roundhill Bitcoin Covered Call Strategy ETF | Cryptocurrency | 1 | -29.52% | 128.93M | Jan 2024 | AVGW vs YBTC | |
| Roundhill Daily 2X Long Magnificent Seven ETF | Leveraged Equities | 17 | -15.34% | 65.45M | Feb 2024 | AVGW vs MAGX | |
| Roundhill Memory ETF | Technology Equities | — | — | 15.51B | Apr 2026 | AVGW vs DRAM | |
| PLTR WeeklyPay™ ETF | Derivative Income | 5 | -44.14% | 127.22M | Feb 2025 | AVGW vs PLTW | |
| Roundhill Magnificent Seven Covered Call ETF | Derivative Income | 11 | -8.23% | 147.97M | Apr 2025 | AVGW vs MAGY | |
| Roundhill NVDA WeeklyPay ETF | Derivative Income | 26 | 5.09% | 123.06M | Feb 2025 | AVGW vs NVDW |
Often Compared With AVGW
Investors most often compare AVGW with AVGO, GOOW, AMZW. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare AVGW with Any Fund or Stock
Compare AVGW with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AVGW with funds that move differently
Roundhill AVGO WeeklyPay™ ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AVGW.
Explore AVGW Diversifiers