AMDW vs. ARMW

Last updated Jun 23, 2026

AMDW (Roundhill AMD WeeklyPay ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. A 0.58 correlation means they provide meaningful diversification when combined. Both charge a 0.99% expense ratio.

Performance

AMDW vs. ARMW - Performance Comparison

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

Returns By Period

In the year-to-date period, AMDW achieves a 197.43% return, which is significantly lower than ARMW's 356.51% return.

AMDW

• 1D: 3.42%
• 1M: 21.31%
• YTD: 197.43%
• 6M: 195.46%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARMW

• 1D: -8.12%
• 1M: 40.26%
• YTD: 356.51%
• 6M: 337.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMDW vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
AMDW Roundhill AMD WeeklyPay ETF	197.43%	-10.12%
ARMW Roundhill ARM WeeklyPay ETF	356.51%	-41.28%

Correlation

The correlation between AMDW and ARMW is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025	0.58

AMDW vs. ARMW - Sectors Allocation Comparison

Sectors	AMDW	ARMW
Technology	27.8%	28.9%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

AMDW vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill AMD WeeklyPay ETF (AMDW) and Roundhill ARM WeeklyPay ETF (ARMW). 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.

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

Drawdowns

AMDW vs. ARMW - Drawdown Comparison

The maximum AMDW drawdown since its inception was -34.64%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for AMDW and ARMW.

Drawdown Indicators

	AMDW	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-34.64%	-48.47%	+13.83%
Current Drawdown Current decline from peak	0.00%	-8.12%	+8.12%
Average Drawdown Average peak-to-trough decline	-14.28%	-25.32%	+11.04%

Volatility

Volatility by Period

	AMDW	ARMW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	83.18%	93.49%	-10.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	83.18%	93.49%	-10.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	83.18%	93.49%	-10.31%

AMDW vs. ARMW - Expense Ratio Comparison

Both AMDW and ARMW have an expense ratio of 0.99%.

Dividends

AMDW vs. ARMW - Dividend Comparison

AMDW's dividend yield for the trailing twelve months is around 34.46%, more than ARMW's 22.59% yield.

Position	TTM	2025
AMDW Roundhill AMD WeeklyPay ETF	34.46%	34.78%
ARMW Roundhill ARM WeeklyPay ETF	22.59%	16.38%

Frequently Asked Questions

Can I hold both AMDW and ARMW in my portfolio?

AMDW and ARMW have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AMDW or ARMW?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMDW or ARMW?

AMDW and ARMW have the same expense ratio: 0.99% per year.

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

AMDW has the higher dividend yield at 34.46%, compared with 22.59% for ARMW.

What is the main difference between AMDW and ARMW?

They also come from different issuers: Roundhill and Roundhill Investments.