AMDW vs. MSTK

Last updated Jun 4, 2026

AMDW (Roundhill AMD WeeklyPay ETF) and MSTK (Tuttle Capital MSTR 0DTE Covered Call ETF) are both Derivative Income funds. Both are actively managed. At a 0.42 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

AMDW vs. MSTK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill AMD WeeklyPay ETF (AMDW) and Tuttle Capital MSTR 0DTE Covered Call ETF (MSTK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AMDW

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

MSTK

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMDW vs. MSTK - Yearly Performance Comparison

	2026 (YTD)	2025
AMDW Roundhill AMD WeeklyPay ETF	192.40%	-12.31%
MSTK Tuttle Capital MSTR 0DTE Covered Call ETF	-20.94%	-47.41%

Correlation

The correlation between AMDW and MSTK is 0.42, 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 Oct 24, 2025	0.42

Return for Risk

AMDW vs. MSTK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill AMD WeeklyPay ETF (AMDW) and Tuttle Capital MSTR 0DTE Covered Call ETF (MSTK). 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	MSTK	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	4.83	—	—

Drawdowns

Drawdown Indicators

	AMDW	MSTK	Difference
Max Drawdown Largest peak-to-trough decline	-34.64%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-14.66%	—	—

Volatility

Volatility by Period

	AMDW	MSTK	Difference
Volatility (1Y) Calculated over the trailing 1-year period	81.56%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	81.56%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	81.56%	—	—

AMDW vs. MSTK - Expense Ratio Comparison

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

Dividends

AMDW vs. MSTK - Dividend Comparison

AMDW's dividend yield for the trailing twelve months is around 28.98%, less than MSTK's 49.03% yield.

Position	TTM	2025
AMDW Roundhill AMD WeeklyPay ETF	28.98%	34.78%
MSTK Tuttle Capital MSTR 0DTE Covered Call ETF	49.03%	26.75%

Frequently Asked Questions

Can I hold both AMDW and MSTK in my portfolio?

AMDW and MSTK have a correlation of 0.42, 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 MSTK?

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 MSTK?

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

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

MSTK has the higher dividend yield at 49.03%, compared with 28.98% for AMDW.

What is the main difference between AMDW and MSTK?

They also come from different issuers: Roundhill and Tuttle Capital Management.