AMDW vs. AMDY

Last updated Jun 24, 2026

AMDW (Roundhill AMD WeeklyPay ETF) and AMDY (YieldMax AMD Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. With a 0.99 correlation, they move nearly in lockstep. AMDW charges 0.99%/yr vs 1.23%/yr for AMDY.

Performance

AMDW vs. AMDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill AMD WeeklyPay ETF (AMDW) and YieldMax AMD Option Income Strategy ETF (AMDY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMDW achieves a 176.01% return, which is significantly higher than AMDY's 101.34% return.

AMDW

• 1D: -7.20%
• 1M: 12.58%
• YTD: 176.01%
• 6M: 174.69%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMDY

• 1D: -4.73%
• 1M: 8.37%
• YTD: 101.34%
• 6M: 101.99%
• 1Y: 203.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AMDW vs. AMDY - Yearly Performance Comparison

	2026 (YTD)	2025
AMDW Roundhill AMD WeeklyPay ETF	176.01%	36.56%
AMDY YieldMax AMD Option Income Strategy ETF	101.34%	30.40%

Correlation

The correlation between AMDW and AMDY is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.99

Return for Risk

AMDW vs. AMDY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMDW

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

AMDY

AMDY Risk / Return Rank: 90
AMDY Sharpe Ratio Rank: 95
AMDY Sortino Ratio Rank: 88
AMDY Omega Ratio Rank: 88
AMDY Calmar Ratio Rank: 95
AMDY Martin Ratio Rank: 84

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMDW vs. AMDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill AMD WeeklyPay ETF (AMDW) and YieldMax AMD Option Income Strategy ETF (AMDY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AMDW	AMDY	Difference
Sharpe ratio: Return per unit of total volatility	—	3.65	—
Sortino ratio: Return per unit of downside risk	—	3.82	—
Omega ratio: Gain probability vs. loss probability	—	1.53	—
Calmar ratio: Return relative to maximum drawdown	—	7.44	—
Martin ratio: Return relative to average drawdown	—	16.58	—

Drawdowns

AMDW vs. AMDY - Drawdown Comparison

The maximum AMDW drawdown since its inception was -34.64%, smaller than the maximum AMDY drawdown of -53.92%. Use the drawdown chart below to compare losses from any high point for AMDW and AMDY.

Drawdown Indicators

	AMDW	AMDY	Difference
Max Drawdown Largest peak-to-trough decline	-34.64%	-53.92%	+19.28%
Max Drawdown (1Y) Largest decline over 1 year	—	-27.59%	—
Current Drawdown Current decline from peak	-7.20%	-4.73%	-2.47%
Average Drawdown Average peak-to-trough decline	-14.25%	-17.78%	+3.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	12.35%	—

Volatility

Volatility by Period

	AMDW	AMDY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	21.35%	—
Volatility (6M) Calculated over the trailing 6-month period	—	43.63%	—
Volatility (1Y) Calculated over the trailing 1-year period	83.41%	56.19%	+27.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	83.41%	46.93%	+36.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	83.41%	46.93%	+36.48%

AMDW vs. AMDY - Expense Ratio Comparison

AMDW has a 0.99% expense ratio, which is lower than AMDY's 1.23% expense ratio.

Dividends

AMDW vs. AMDY - Dividend Comparison

AMDW's dividend yield for the trailing twelve months is around 37.14%, less than AMDY's 65.88% yield.

Position	TTM	2025	2024	2023
AMDW Roundhill AMD WeeklyPay ETF	37.14%	34.78%	0.00%	0.00%
AMDY YieldMax AMD Option Income Strategy ETF	65.88%	80.68%	109.98%	6.68%

Frequently Asked Questions

Can I hold both AMDW and AMDY in my portfolio?

With a correlation of 0.99, AMDW and AMDY move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, AMDW or AMDY?

On fees, AMDW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMDW or AMDY?

AMDW is cheaper with a 0.99% expense ratio, compared with 1.23% for AMDY.

Which ETF pays a higher dividend yield, AMDW or AMDY?

AMDY has the higher dividend yield at 65.88%, compared with 37.14% for AMDW.

What is the main difference between AMDW and AMDY?

They also come from different issuers: Roundhill and YieldMax ETFs. Their fees differ too: 0.99% for AMDW and 1.23% for AMDY.