AMDW vs. MRNY
AMDW (Roundhill AMD WeeklyPay ETF) and MRNY (YieldMax MRNA Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. At a 0.23 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.
Performance
AMDW vs. MRNY - Performance Comparison
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Returns By Period
In the year-to-date period, AMDW achieves a 159.55% return, which is significantly higher than MRNY's 77.31% return.
AMDW
- 1D
- -1.52%
- 1M
- -9.75%
- 6M
- 137.24%
- YTD
- 159.55%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MRNY
- 1D
- -1.79%
- 1M
- -3.08%
- 6M
- 33.77%
- YTD
- 77.31%
- 1Y
- 53.45%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AMDW vs. MRNY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AMDW Roundhill AMD WeeklyPay ETF | 159.55% | 36.56% |
MRNY YieldMax MRNA Option Income Strategy ETF | 77.31% | -19.23% |
Correlation
The correlation between AMDW and MRNY is 0.23, 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 | 0.23 |
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Return for Risk
AMDW vs. MRNY — Risk / Return Rank
AMDW
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MRNY
AMDW vs. MRNY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill AMD WeeklyPay ETF (AMDW) and YieldMax MRNA Option Income Strategy ETF (MRNY). 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 | MRNY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.20 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.62 | — |
| Martin ratioReturn relative to average drawdown | — | 3.11 | — |
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Drawdowns
AMDW vs. MRNY - Drawdown Comparison
The maximum AMDW drawdown since its inception was -34.64%, smaller than the maximum MRNY drawdown of -82.15%. Use the drawdown chart below to compare losses from any high point for AMDW and MRNY.
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Drawdown Indicators
| AMDW | MRNY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.64% | -82.15% | +47.51% |
Max Drawdown (1Y)Largest decline over 1 year | — | -31.53% | — |
Current DrawdownCurrent decline from peak | -17.31% | -62.67% | +45.36% |
Average DrawdownAverage peak-to-trough decline | -13.86% | -53.00% | +39.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 16.43% | — |
Volatility
AMDW vs. MRNY - Volatility Comparison
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Volatility by Period
| AMDW | MRNY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 21.26% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 38.69% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 83.46% | 53.20% | +30.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 83.46% | 51.58% | +31.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 83.46% | 51.58% | +31.88% |
AMDW vs. MRNY - Expense Ratio Comparison
Both AMDW and MRNY have an expense ratio of 0.99%.
Dividends
AMDW vs. MRNY - Dividend Comparison
AMDW's dividend yield for the trailing twelve months is around 46.25%, less than MRNY's 86.15% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
AMDW Roundhill AMD WeeklyPay ETF | 46.25% | 34.78% | 0.00% | 0.00% |
MRNY YieldMax MRNA Option Income Strategy ETF | 86.15% | 145.98% | 178.49% | 1.75% |
Frequently Asked Questions
AMDW and MRNY have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
AMDW and MRNY have the same expense ratio: 0.99% per year.
MRNY has the higher dividend yield at 86.15%, compared with 46.25% for AMDW.
They also come from different issuers: Roundhill and YieldMax.
Find the right allocation for AMDW and MRNY
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