AMDW vs. ULTI

Last updated Jun 23, 2026

AMDW (Roundhill AMD WeeklyPay ETF) and ULTI (REX IncomeMax Option Strategy ETF) are both Derivative Income funds. Both are actively managed. A 0.57 correlation means they provide meaningful diversification when combined. AMDW charges 0.99%/yr vs 1.25%/yr for ULTI.

Performance

AMDW vs. ULTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill AMD WeeklyPay ETF (AMDW) and REX IncomeMax Option Strategy ETF (ULTI). 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 higher than ULTI's 24.94% return.

AMDW

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

ULTI

• 1D: -2.51%
• 1M: -10.38%
• YTD: 24.94%
• 6M: 14.63%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMDW vs. ULTI - Yearly Performance Comparison

	2026 (YTD)	2025
AMDW Roundhill AMD WeeklyPay ETF	197.43%	-20.38%
ULTI REX IncomeMax Option Strategy ETF	24.94%	-38.67%

Correlation

The correlation between AMDW and ULTI is 0.57, 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 31, 2025	0.57

Return for Risk

AMDW vs. ULTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill AMD WeeklyPay ETF (AMDW) and REX IncomeMax Option Strategy ETF (ULTI). 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. ULTI - Drawdown Comparison

The maximum AMDW drawdown since its inception was -34.64%, smaller than the maximum ULTI drawdown of -42.09%. Use the drawdown chart below to compare losses from any high point for AMDW and ULTI.

Drawdown Indicators

	AMDW	ULTI	Difference
Max Drawdown Largest peak-to-trough decline	-34.64%	-42.09%	+7.45%
Current Drawdown Current decline from peak	0.00%	-23.38%	+23.38%
Average Drawdown Average peak-to-trough decline	-14.28%	-27.81%	+13.53%

Volatility

Volatility by Period

	AMDW	ULTI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	83.18%	62.18%	+21.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	83.18%	62.18%	+21.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	83.18%	62.18%	+21.00%

AMDW vs. ULTI - Expense Ratio Comparison

AMDW has a 0.99% expense ratio, which is lower than ULTI's 1.25% expense ratio.

Dividends

AMDW vs. ULTI - Dividend Comparison

AMDW's dividend yield for the trailing twelve months is around 34.46%, less than ULTI's 55.32% yield.

Position	TTM	2025
AMDW Roundhill AMD WeeklyPay ETF	34.46%	34.78%
ULTI REX IncomeMax Option Strategy ETF	55.32%	14.96%

Frequently Asked Questions

Can I hold both AMDW and ULTI in my portfolio?

AMDW and ULTI have a correlation of 0.57, 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 ULTI?

On fees, AMDW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMDW or ULTI?

AMDW is cheaper with a 0.99% expense ratio, compared with 1.25% for ULTI.

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

ULTI has the higher dividend yield at 55.32%, compared with 34.46% for AMDW.

What is the main difference between AMDW and ULTI?

They also come from different issuers: Roundhill and REX Shares. Their fees differ too: 0.99% for AMDW and 1.25% for ULTI.