AMDW vs. MAGY

Last updated Jul 19, 2026

AMDW (Roundhill AMD WeeklyPay ETF) and MAGY (Roundhill Magnificent Seven Covered Call ETF) are both Derivative Income funds from Roundhill. Both are actively managed. At a 0.43 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

AMDW vs. MAGY - Performance Comparison

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

Returns By Period

In the year-to-date period, AMDW achieves a 159.55% return, which is significantly higher than MAGY's -5.39% return.

AMDW

• 1D: -1.52%
• 1M: -9.75%
• 6M: 137.24%
• YTD: 159.55%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MAGY

• 1D: -1.52%
• 1M: -0.86%
• 6M: -4.14%
• YTD: -5.39%
• 1Y: 2.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMDW vs. MAGY - Yearly Performance Comparison

	2026 (YTD)	2025
AMDW Roundhill AMD WeeklyPay ETF	159.55%	36.56%
MAGY Roundhill Magnificent Seven Covered Call ETF	-5.39%	8.15%

Correlation

The correlation between AMDW and MAGY is 0.43, 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 24, 2025	0.43

AMDW vs. MAGY - Sectors Allocation Comparison

Sectors	AMDW	MAGY
Technology	28.1%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	100.8%
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

AMDW vs. MAGY — 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.

MAGY

MAGY Risk / Return Rank: 12
MAGY Sharpe Ratio Rank: 13
MAGY Sortino Ratio Rank: 12
MAGY Omega Ratio Rank: 12
MAGY Calmar Ratio Rank: 13
MAGY Martin Ratio Rank: 13

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. MAGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill AMD WeeklyPay ETF (AMDW) and Roundhill Magnificent Seven Covered Call ETF (MAGY). 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	MAGY	Difference
Sharpe ratio: Return per unit of total volatility	—	0.19	—
Sortino ratio: Return per unit of downside risk	—	0.35	—
Omega ratio: Gain probability vs. loss probability	—	1.05	—
Calmar ratio: Return relative to maximum drawdown	—	0.21	—
Martin ratio: Return relative to average drawdown	—	0.58	—

Drawdowns

AMDW vs. MAGY - Drawdown Comparison

The maximum AMDW drawdown since its inception was -34.64%, which is greater than MAGY's maximum drawdown of -14.29%. Use the drawdown chart below to compare losses from any high point for AMDW and MAGY.

Drawdown Indicators

	AMDW	MAGY	Difference
Max Drawdown Largest peak-to-trough decline	-34.64%	-14.29%	-20.35%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.29%	—
Current Drawdown Current decline from peak	-17.31%	-7.44%	-9.87%
Average Drawdown Average peak-to-trough decline	-13.86%	-3.19%	-10.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.12%	—

Volatility

Volatility by Period

	AMDW	MAGY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.90%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.31%	—
Volatility (1Y) Calculated over the trailing 1-year period	83.46%	15.83%	+67.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	83.46%	15.56%	+67.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	83.46%	15.56%	+67.90%

AMDW vs. MAGY - Expense Ratio Comparison

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

Dividends

AMDW vs. MAGY - Dividend Comparison

AMDW's dividend yield for the trailing twelve months is around 46.25%, more than MAGY's 39.57% yield.

Position	TTM	2025
AMDW Roundhill AMD WeeklyPay ETF	46.25%	34.78%
MAGY Roundhill Magnificent Seven Covered Call ETF	38.69%	23.38%

Frequently Asked Questions

Can I hold both AMDW and MAGY in my portfolio?

AMDW and MAGY have a correlation of 0.43, 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 MAGY?

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 MAGY?

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

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

AMDW has the higher dividend yield at 46.25%, compared with 38.69% for MAGY.