AMDW vs. FTKI

Last updated Jun 4, 2026

AMDW (Roundhill AMD WeeklyPay ETF) and FTKI (First Trust Small Cap BuyWrite Income ETF) are both Derivative Income funds. Both are actively managed. At a 0.28 correlation, their price movements are largely independent. AMDW charges 0.99%/yr vs 0.85%/yr for FTKI.

Performance

AMDW vs. FTKI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill AMD WeeklyPay ETF (AMDW) and First Trust Small Cap BuyWrite Income ETF (FTKI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMDW achieves a 192.40% return, which is significantly higher than FTKI's 9.41% return.

AMDW

• 1D: 4.91%
• 1M: 72.80%
• YTD: 192.40%
• 6M: 186.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FTKI

• 1D: -0.19%
• 1M: 0.46%
• YTD: 9.41%
• 6M: 9.82%
• 1Y: 18.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMDW vs. FTKI - Yearly Performance Comparison

	2026 (YTD)	2025
AMDW Roundhill AMD WeeklyPay ETF	192.40%	34.24%
FTKI First Trust Small Cap BuyWrite Income ETF	9.41%	6.70%

Correlation

The correlation between AMDW and FTKI is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 25, 2025	0.28

AMDW vs. FTKI - Sectors Allocation Comparison

Sectors	AMDW	FTKI
Technology	28.6%	14.9%
Basic Materials	-	4.3%
Communication Services	-	3.2%
Consumer Cyclical	-	11.2%
Consumer Defensive	-	2.1%
Energy	-	9.6%
Financial Services	-	21.8%
Healthcare	-	9.0%
Industrials	-	12.8%
Real Estate	-	7.4%
Utilities	-	2.1%

Return for Risk

AMDW vs. FTKI — Risk / Return Rank

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

FTKI

FTKI Risk / Return Rank: 63
FTKI Sharpe Ratio Rank: 59
FTKI Sortino Ratio Rank: 61
FTKI Omega Ratio Rank: 61
FTKI Calmar Ratio Rank: 70
FTKI Martin Ratio Rank: 64

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. FTKI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill AMD WeeklyPay ETF (AMDW) and First Trust Small Cap BuyWrite Income ETF (FTKI). 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.

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

Sharpe Ratios by Period

	AMDW	FTKI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.96	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.83	0.73	+4.10

Drawdowns

AMDW vs. FTKI - Drawdown Comparison

The maximum AMDW drawdown since its inception was -34.64%, which is greater than FTKI's maximum drawdown of -15.17%. Use the drawdown chart below to compare losses from any high point for AMDW and FTKI.

Drawdown Indicators

	AMDW	FTKI	Difference
Max Drawdown Largest peak-to-trough decline	-34.64%	-15.17%	-19.47%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.56%	—
Current Drawdown Current decline from peak	0.00%	-0.97%	+0.97%
Average Drawdown Average peak-to-trough decline	-14.66%	-2.59%	-12.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.64%	—

Volatility

Volatility by Period

	AMDW	FTKI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.54%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.44%	—
Volatility (1Y) Calculated over the trailing 1-year period	81.56%	9.69%	+71.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	81.56%	15.31%	+66.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	81.56%	15.31%	+66.25%

AMDW vs. FTKI - Expense Ratio Comparison

AMDW has a 0.99% expense ratio, which is higher than FTKI's 0.85% expense ratio.

Dividends

AMDW vs. FTKI - Dividend Comparison

AMDW's dividend yield for the trailing twelve months is around 28.98%, more than FTKI's 11.51% yield.

Position	TTM	2025
AMDW Roundhill AMD WeeklyPay ETF	28.98%	34.78%
FTKI First Trust Small Cap BuyWrite Income ETF	11.51%	8.99%

Frequently Asked Questions

Can I hold both AMDW and FTKI in my portfolio?

AMDW and FTKI have a correlation of 0.28, 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 FTKI?

On fees, FTKI is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMDW or FTKI?

FTKI is cheaper with a 0.85% expense ratio, compared with 0.99% for AMDW.

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

AMDW has the higher dividend yield at 28.98%, compared with 11.51% for FTKI.

What is the main difference between AMDW and FTKI?

They also come from different issuers: Roundhill and First Trust. Their fees differ too: 0.99% for AMDW and 0.85% for FTKI.